Requirements for Licensing of Capital Goods Finance Business in Ethiopia Capital Goods Finance Business plays a crucial role in facilitating access to essential machinery and equipment for businesses in Ethiopia. To regulate this sector, the National Bank of Ethiopia issued the Requirements for Licensing of Capital Goods Finance Business Directives No. CGFB/02/2013. These directives set […]
Tag Archives: National Bank of Ethiopia
01
May
May
Understanding the Limits on Foreign Currency Holdings in Ethiopia: A Guide for Travelers and Foreigners Visiting Addis Ababa The National Bank of Ethiopia has set Limits on Foreign Currency Holdings in Ethiopia. This regulations aims to manage the inflow and outflow of foreign currencies. Travelers, whether visiting for tourism, business, or transit, need to be […]
20
Apr
Apr
Capital Goods Leasing in Ethiopia: Proclamation, regulation and Directives Capital goods leasing is a vital component of the economic framework, particularly for businesses that require significant machinery and equipment without the hefty upfront costs of purchase. The governing regulations for this sector, specifically Capital Goods Leasing in Ethiopia Proclamation No. 103/1998 and Proclamation No. 807/2013, […]
16
Sep
Sep
Registration of Foreign Capital According to Ethiopian Law Ethiopia has specific laws and regulations governing the registration of foreign capital to encourage investment while ensuring proper oversight and regulation. The Ethiopian Investment Proclamation No. 1180/2020 and its subsequent amendments outline the framework for the registration of foreign capital and operation of foreign investments in the […]