Foreign companies Join The Retail Sector

In the first half of June 2025, came the cheerful update. Or the chilling news to some. The Ethiopian Investment Board has issued Directive No. 1082/2025, further removing barriers for foreign investors to be involved in trade sectors. The directive was a redefinition of Directive No. 1001/2024, which was met by major grievances when unveiled in March last year. Complaints mainly stemmed from local investors who felt betrayed by the government. Now they have to lock horns with international giants for the market.  

When it all began