Ethiopia’s Prime Minister Abiy Ahmed has unveiled plans to allow foreign nationals to buy real estate and to open up retailing to international companies.

The announcement came as Africa’s second most populous country, with about 120 million people, seeks to shore up its finances.

He said the legislation was in the final stages of being drafted.

In addition, Abiy Ahmed said the government aimed to ease restrictions in the retail sector and open it up to international players, not just Ethiopians.


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