Ethiopia opens insurance sector to foreign investors
Bole Road in Addis Ababa on December 19, 2025. Ethiopia is liberalising its insurance sector, setting ownership caps and strict regulatory conditions as it deepens market reforms.
Ethiopia has opened its insurance sector to foreign competition, as Prime Minister Abiy Ahmed presses ahead with reforms to shift the economy from state control to private-sector-led growth.
The move adds momentum to liberalisation after decades of state dominance. It follows the opening of banking and telecommunications to foreign investors, drawing millions of dollars into both sectors.
