Ethiopia Opens Property Ownership to Foreigners
Real Estate

Ethiopia Opens Property Ownership to Foreigners

In a significant policy shift, Ethiopia has announced plans to permit foreigners to own property within the country. Prime Minister Abiy Ahmed unveiled this decision, signalling a major change in Ethiopia's real estate regulations and opening up opportunities for international investors.

The move to allow foreign ownership of property reflects Ethiopia's efforts to attract foreign investment and stimulate economic growth. By removing restrictions on property ownership, the government aims to create a more favourable environment for foreign investors looking to participate in the country's burgeoning real estate market.

Under the new policy, foreigners will have the opportunity to acquire land and property in Ethiopia, subject to certain regulations and guidelines. This initiative is expected to encourage foreign direct investment (FDI) in the real estate sector and drive development across various segments of the economy.

Ethiopia's decision to open up property ownership to foreigners comes amidst ongoing efforts to liberalise its economy and attract foreign capital. By embracing foreign investment in real estate, the country aims to spur infrastructure development, create employment opportunities, and foster economic prosperity.

Furthermore, the move is likely to have positive implications for the real estate market in Ethiopia, leading to increased demand for residential, commercial, and industrial properties. It also signals the government's commitment to promoting inclusive growth and fostering a conducive environment for foreign investors.

As Ethiopia embraces foreign ownership of property, stakeholders are optimistic about the potential benefits for the country's economy and real estate sector. The decision is expected to pave the way for increased investment inflows and contribute to Ethiopia's overall development agenda.

In a significant policy shift, Ethiopia has announced plans to permit foreigners to own property within the country. Prime Minister Abiy Ahmed unveiled this decision, signalling a major change in Ethiopia's real estate regulations and opening up opportunities for international investors. The move to allow foreign ownership of property reflects Ethiopia's efforts to attract foreign investment and stimulate economic growth. By removing restrictions on property ownership, the government aims to create a more favourable environment for foreign investors looking to participate in the country's burgeoning real estate market. Under the new policy, foreigners will have the opportunity to acquire land and property in Ethiopia, subject to certain regulations and guidelines. This initiative is expected to encourage foreign direct investment (FDI) in the real estate sector and drive development across various segments of the economy. Ethiopia's decision to open up property ownership to foreigners comes amidst ongoing efforts to liberalise its economy and attract foreign capital. By embracing foreign investment in real estate, the country aims to spur infrastructure development, create employment opportunities, and foster economic prosperity. Furthermore, the move is likely to have positive implications for the real estate market in Ethiopia, leading to increased demand for residential, commercial, and industrial properties. It also signals the government's commitment to promoting inclusive growth and fostering a conducive environment for foreign investors. As Ethiopia embraces foreign ownership of property, stakeholders are optimistic about the potential benefits for the country's economy and real estate sector. The decision is expected to pave the way for increased investment inflows and contribute to Ethiopia's overall development agenda.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, “We are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?