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Africa

Ethiopia looks to the Singapore model to lure startups in sweeping new reforms

    By Seth Onyango, bird story agency     Ethiopia has unveiled sweeping reforms to support a burgeoning startup industry and turn the country into a leading incubator of entrepreneurs. Notable changes include slashing a 30% capital-gains tax on the transfer and issuance of shares, according to Brook Taye, Director-General of the Ethiopian Capital Market Authority. The move, combined with an allowance for startups to retain all foreign currency […]

todayApril 16, 2024 2

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