Ethiopia opens Franco Valuta to investors and diaspora traders under new rules

The National Bank of Ethiopia (NBE) has officially enacted a comprehensive new legal framework governing “Franco Valuta” import arrangements, significantly shifting how foreign investors, diaspora traders, and domestic economic zones utilize alternative foreign exchange channels.Signed into law by NBE Governor Eyob Tekalign, the Import on Franco Valuta Directive No. FVD/01/2026 officially took effect on May […]