Addis Ababa — Ethiopia's parliament passed a bill on Wednesday to open up the country’s financial sector to an estimated 5-million citizens living abroad or with dual nationality, including allowing them to buy shares in local banks and start lending businesses.
The changes are part of a raft of economic reforms initiated by Prime Minister Abiy Ahmed when he came to power in 2018, partly aimed at boosting the country’s foreign exchange reserves, which had dropped precariously low...
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