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Ethiopia opens its doors to foreign logistics startups...
10 Oct, 2024 08:14 326 min read
Ethiopia is dismantling the final vestiges of its protectionist past. With a bold stroke, the Ministry of Transport & Logistics (MoTL) has flung open the doors to its long-insulated logistics sector, inviting foreign investors to hold a full 100% ownership in logistics companies. It’s a move that marks a seismic shift in the country’s economic landscape, and authorities are pinning their hopes on foreign expertise to untangle an industry that has long been synonymous with inefficiency and delay.... More