Innovation

The Ethiopian Startups Exhibition Fair is currently underway at the Addis Ababa Science Museum, showcasing the burgeoning entrepreneurial spirit in the country. Prime Minister Abiy Ahmed, speaking at the Exhibition opening ceremony, highlighted the government's efforts to foster a conducive environment for start-ups, including the provision of various incentives. Among the reforms introduced to support start-ups are tax-free opportunities, allowing them to retain full foreign currency earnings from international transactions. Additionally, the requirement for a physical office space to obtain a business license has been eliminated, streamlining the registration process for aspiring entrepreneurs. Furthermore, the government is facilitating access to…