Ethiopia

BonelliErede has been present in Ethiopia since 2016 where currently cooperates with the Ethiopian law firm Lidet Abebe Tizazu Law Office which is part of the BonelliErede network.

Lidet Abebe Tizazu Law Office in cooperation with BonelliErede offers a complete range of legal services to international investors and major local corporations, including contracts law, investment, corporate, commercial, construction, energy, employment, intellectual property including patent, trademark and copyright law, and international arbitration and litigation.

The professionals of the Ethiopia team works in full synergy with our offices in Europe, especially for specialised advice and cross-national practices, and with the other offices in North Africa and the Middle East (Egypt, UAE).

Our team is composed of an integrated group of 8 lawyers led by Gianpiero Succi, Partner at BonelliErede, in charge of the development of our practice in East Africa and in the other Sub-Saharan African, together with Lidet Abebe Tizazu, Managing Partner of Lidet Abebe Tizazu Law Office in cooperation with BonelliErede and Mahlet Kassa, Partner of Lidet Abebe Tizazu Law Office in cooperation with BonelliErede. They are supported by other lawyers of different seniority, including Daniele Gambirasio, Partner, and the associates Michele Saponaro, Robel Mehari, Samrawit Behailu and Tsedey Girma.

Lidet Abebe Tizazu is an IP and competition law expert. Local and international companies entrust her to protect their IP rights in Ethiopia. She regularly represents clients in trademark, patent, copyright and design litigation. Mahlet Kassa has an international background and advises Ethiopian and international companies on M&A deals and complex corporate and commercial law matters. Robel Mehari, has experience in local and international taxation and was seconded to BonelliErede’s Milan office in 2020. Samrawit and Tsedey are Junior associates with experience in corporate law, employment law, litigation and local and international taxation.

Daniele Gambirasio and Michele Saponaro together with Gianpiero Succi are the Italian members of the team. Daniele Gambirasio, a corporate Partner, was seconded in 2016 and he has been in Addis Ababa since October 2019. He has a great experience in international corporate law with a particular expertise on extraordinary transaction, private and public M&A and joint ventures. Michele Saponaro is a litigation law associate who was seconded to Addis Ababa in 2018, greatly contributing to our development in the country, with expertise in civil law, business law and company law.

As part of the BonelliErede network the Addis Ababa office collaborate in total synergy with the other firm’s offices in Italy, Europe and the Middle East. Depending on the needs of a matter, we integrate the competences of the local professionals with all the BonelliErede experts from our teams based in Europe, Africa and the Middle East.

Insights

National Bank of Ethiopia – Policy update - 6 September 2024

In July, the National Bank of Ethiopia introduced Foreign Exchange Directive No. FXD/01/2024, aimed at liberalising the country’s financial sector. This directive decentralises foreign exchange management and enables banks to negotiate exchange rates while ensuring transparency through report …

Read more

New law sets requirements for special economic zones - 6 September 2024

To further implement the industrial park scheme, a new law setting requirements for the designation of special economic zones and the related rules to carry on business in those zones (“SEZ”/ “SEZs”) was enacted in May to boost the economy and foreign investments. Two types of SEZs and …

Read more

Spotlight on IP | Patent protection in Ethiopia - 27 May 2024

Ethiopia’s burgeoning economy has attracted significant foreign direct investment, prompting a need for foreign investors to understand and protect IP assets in the country. We thus dedicate this second edition of our Spotlight on IP newsletter series to Ethiopia’s patent laws, with insight …

Read more

Personal Data Protection Proclamation 1321/2024 - 8 May 2024

Ethiopia’s data protection landscape has undergone a significant overhaul with the enactment of Personal Data Protection Proclamation 1321/2024. Previously, privacy laws were set out piecemeal through different pieces of legislation, resulting in fragmented regulation. The new proclamation …

Read more

New directive to regulate foreign investors’ participation in restricted export, import, wholesale and retail trade investments - 19 April 2024

In March, the Ethiopian Investment Board issued Directive 1001/2024, which eases restrictions on foreign investors’ participation in the export, import, wholesale and retail trade sectors. Foreign investors that wish to obtain a permit in these sectors must fulfil minimum capital requirements …

Read more

Enhanced regulation on transfer pricing - 5 March 2024

At the beginning of the year, Implementing Directive 981/2024 containing transfer pricing rules came into force. It will hopefully remedy the legal and practical gap in the enforcement of transfer pricing rules in Ethiopia. The directive reiterates all the provisions of the previous directiv …

Read more

New directive set to start the licensing process for investment banks - 9 February 2024

The Ethiopian Capital Market Authority is set to start accepting applications for investment bank licences on 12 February. Its new licensing directive sets out 15 licences for capital market services. Which services are impacted? And what are the requirements to obtain a licence? Our

Read more

Draft VAT proclamation on its way to Parliament - 13 April 2023

Ethiopia’s legislative landscape is evolving by the day, especially when it comes to doing business. And the draft VAT proclamation looks set to be one of the biggest steps taken since VAT was introduced back in 2002. So what are the proposed key changes to the VAT rules? Our

Read more

The latest developments in the Ethiopian banking industry - 16 September 2022

The latest Council of Ministers meeting earlier this month approved the long-awaited policy that allows foreign investors to invest in the Ethiopian banking industry. Given that foreign banks stopped operating in Ethiopia when the Derg took power, the opening-up of the banking industry is ex …

Read more

Spotlight on IP | Trademark protection in Ethiopia - 23 February 2022

Recent liberalisation initiatives by the Ethiopian government have attracted interest from local and foreign businesses: the consequent growth of Ethiopia’s market underlines how important it is to protect intangible assets as much as others. Since the introduction of the Commercial Code i …

Read more
News

BonelliErede expands its partnership: six new partners announced

On 17 December, BonelliErede’s partners’ meeting approved the promotion to partner of six of the firm’s managing associates: Livia Cocca, Francesco Casamassa, Gianpaolo Ciervo, Daniele Gambirasio, Giulio Mazzotti and Giovanni Minuto. Livia Cocca joined BonelliErede’s Milan office in 200 …

Read more

The largest common market in the world is born in Africa

On 7 July in Niamey, the capital of Niger, the Egyptian President Abdel Fatah al-Sisi, who is president of the African Union announced the establishment of the Afcfta (African Continental Free Trade Agreement). The African continental free trade agreement that will give a green light to the lar …

Read more

Addis Ababa launches the "Ethiopia: Taste of Origins" brand

Agriculture is still the foundation of Ethiopia’s economy: it represents 41% of the gross domestic product, 83.9% of exports and 81% of jobs. The primary sector remains the main engine of rapid economic growth, this year expected to be around 8.2%, the highest rate in Africa thanks to the …

Read more

To find more results click here