New Ethiopian Directive Opens Doors for Foreign Investors: Impact on Local Companies and Consumers
The recent unveiling of Directive No. 1001/2024 by the Ethiopian Investment Board, allowing foreign investors to participate in previously restricted sectors, has far-reaching implications for local companies and consumers. As the market dynamics undergo a significant transformation, it is essential to delve deeper into the impact on both local businesses and the everyday lives of consumers in Ethiopia.
Under the provisions of the directive, foreign investors are granted the opportunity to engage in export trade of key commodities such as raw coffee, khat, oilseeds, pulses, hides, skins, forest products, poultry, and livestock, subject to meeting specific conditions.
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Chief Economist at KEMIEX • #MarketInfo Vitamins-Feed-Food-Pharma-Ag-Chemicals • #ProcureTech Direct Raw Materials
1wVery nice wrap up, thanks for sharing! Given the importance of U.S. ag exports and a challenging year 2024, all eyes will be on U.S. dollar strength (especially vs. BRL), trade and Fed policies in 2025