Ethiopia published Investment Proclamation No. 1180/2020 in the Official Gazette on 2 April 2020. The purpose of the proclamation is to improve the investment environment in Ethiopia and, in particular: to enhance the competitiveness of the national economy by promoting investments in productive and enabling sectors; to create more and better employment opportunity for Ethiopians and advance the transfer of knowledge, skills and technology required for the development of the country; to increase foreign exchange earnings by encouraging the expansion in volume, variety and quality of the country’s export products and services; to save foreign exchange through local production of...