ECMA Licenses First Foreign Investment Bank in Ethiopia
Ethiopia’s capital markets regulator has granted its first investment banking license to a foreign entity, a subsidiary of Nigeria’s United Capital Group.
Read sourceBriefly tracks court rulings, legislation, gazette notices, and regulatory developments across Ethiopia — curated daily from Ethiopia's courts, regulators, and leading legal publications. 60 updates tracked in the past 30 days, last updated 16 Jun.
Get Ethiopia updates in your inboxEthiopia’s capital markets regulator has granted its first investment banking license to a foreign entity, a subsidiary of Nigeria’s United Capital Group.
Read sourceThe latest federal budget bill submitted to Parliament is the largest in the country's history, with debt repayment listed as the top funding priority.
Read sourceA major legal dispute involving homebuyers has reached the courts, as litigants seek judicial resolution for ongoing housing sector conflicts.
Read sourceThe introduction of digital license plates has raised concerns regarding increased costs and potential financial exclusion for drivers.
Read sourceA legal dispute involving Berhan Bank has shifted from a claim over employee allowances to a challenge regarding the labor union's legal standing.
Read sourceThe Ethiopian Parliament is reviewing a proposed 2.34 trillion Birr federal budget for the 2026/27 fiscal year, which prioritizes debt servicing and regional subsidies.
Read sourceNew budget proposals include significant funding cuts for major universities, leading the federal government to consider shifting the costs of teaching hospitals to regional administrations.
Read sourceAfrican Union mediators are visiting Mekelle to stabilize the peace process following the introduction of controversial legislation by TPLF leadership.
Read sourceThe federal government has officially tabled a record 2.34 trillion Birr budget for the 2026/2027 fiscal year to address national development and economic challenges.
Read sourceThe proposed 2.339 trillion birr federal budget for the 2019 Ethiopian fiscal year aims to sustain economic gains achieved through recent comprehensive reforms.
Read sourceEthiopia and Nigeria have signed a bilateral agreement allowing for the transfer of convicted prisoners to strengthen diplomatic and legal ties.
Read sourceAuthorities have begun issuing new standardized vehicle license plates in Addis Ababa as part of a nationwide registration modernization program.
Read sourceNigeria and Ethiopia have signed a Transfer of Sentenced Persons Agreement to facilitate the repatriation of over 100 Nigerians currently imprisoned in Ethiopia.
Read sourceEthiopia and Nigeria have entered into a landmark legal agreement following high-level diplomatic talks aimed at strengthening their strategic partnership. The discussions focused on deepening bilateral cooperation and formalizing longstanding ties between the two nations.
Read sourceThe Council of Ministers has passed a 2.34 trillion Birr federal budget bill for the upcoming fiscal year beginning in July 2026.
Read sourceThe House of People's Representatives has approved new legislation concerning the cybersecurity of critical infrastructure and a revised customs proclamation.
Read sourceEthiopia's Council of Ministers has endorsed a draft budget of over 2.3 trillion Birr for the 2019 Ethiopian Fiscal Year.
Read sourcePreliminary results from the National Election Board of Ethiopia show the ruling Prosperity Party winning 23 out of the first 24 federal and regional seats announced.
Read sourceThe Council of Ministers has approved a 2.34 trillion Birr federal budget proposal for the 2026/27 fiscal year and forwarded it to Parliament for legislative review.
Read sourceHuman Rights Watch reports that U.S. health aid to African nations is being conditioned on controversial requirements, including abortion surveillance and mandatory data sharing.
Read sourceForeign Minister Gedion Timothewos held discussions with the EU Commissioner for Equality, Preparedness, and Crisis Management regarding mutual cooperation and crisis response.
Read sourceEthiopia's ruling Prosperity Party is expected to secure a significant victory in the recent elections, despite security concerns and the exclusion of certain regions.
Read sourceThe long-delayed national census has returned to Parliament, sparking a legislative debate over which government entity will maintain authority over national demographic data.
Read sourceEthiopia faces potential litigation from international creditors as stalled debt restructuring negotiations threaten to derail the country's IMF-supported economic reform program.
Read sourceAddis Ababa has introduced a new legal framework that permits retroactive auditing of public assets to improve government oversight.
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