Live:
Economy
Ethiopia, UAE Commit to Strengthening Strategic Partnership
Dec 26, 2025 109
Addis Ababa, December 26, 2025 (ENA)—Ethiopia and the United Arab Emirates have reaffirmed their commitment to deepening their strategic partnership, following a high-level meeting between Ethiopia’s Ambassador to the UAE, Jemal Beker, and Sheikh Shakhbout bin Nahyan Al Nahyan, UAE Minister of State for Foreign Affairs. The discussions highlighted the growing robustness of bilateral ties and explored new avenues for cooperation in trade, investment, renewable energy, and technology. Both sides emphasized a shift from political goodwill toward tangible economic outcomes. The meeting also addressed security challenges in the Horn of Africa and the Middle East, with both nations reaffirming their shared goal of promoting peace, stability, and prosperity in these strategically important regions. Ambassador Jemal described the talks as “truly productive and warm,” pointing to areas of collaboration including trade, infrastructure, energy, technology, and regional security. He added: “We’ll continue to intensify high-level engagements to turn goodwill into tangible outcomes for our peoples.” Sheikh Shakhbout congratulated Ethiopia on being selected to host the COP32 climate summit, praising its green development agenda as a model for the region. Both countries agreed to maintain momentum through the Joint Ministerial Commission and a series of high-level visits scheduled over the coming months, reinforcing a partnership grounded in mutual respect and sustainable development.
GERD Redefines Regional Power Integration, Economic Transformation, Says EEP
Dec 26, 2025 426
Addis Ababa, December 26, 2025 (ENA)—The Ethiopian Electric Power (EEP) has reaffirmed that the Grand Ethiopian Renaissance Dam (GERD) is no longer merely a hydropower project, but a strategic engine reshaping Ethiopia’s economy and redefining regional energy cooperation. A high-level forum organized under the theme “GERD for Ethiopia’s Renewal” was held at Guba, at the site of the Grand Ethiopian Renaissance Dam. Speaking at the forum EEP CEO Engineer Ashebir Balcha emphasized the GERD has reshaped Ethiopia’s power landscape while positioning the country as a key hub in East Africa’s emerging regional power grid. In his presentation, the CEO emphasized that the dam has significantly expanded the country’s electricity generation capacity. Ethiopia’s total installed capacity was under 5,000 megawatts before the construction of GERD, Ashebir stressed, adding, “with the dam now operational, the country’s supply has reached approximately 10,000 megawatts”. According to him, the expansion marks a decisive shift for a country long constrained by energy shortages that limited industrial growth. With nearly half of the population previously lacking reliable electricity, the GERD is now seen as the backbone of a stronger national grid and a foundation for sustained economic expansion, he added. The dam is also accelerating regional integration and foreign currency earnings, the CEO further noted, recalling that Ethiopia currently exports electricity to Kenya, Djibouti, Sudan and supplies part of Tanzania’s demand. In this case, the GERD alone accounts for 51 percent of the country’s total power exports, he added. He further said that preparations are also underway to extend power supply to South Sudan and Somalia. Ethiopia is increasingly recognized as a dependable supplier of clean and renewable energy, Ashebir noted, adding that the cross-border power trade reflects a broader strategy of energy diplomacy that prioritizes cooperation and shared infrastructure. Fiseha Yitagesu, CEO of Industrial Parks Development Corporation (IPGC), on his part expressed that the economic impact is already visible in the industrial sector. Speaking at the forum, he noted that the reliable electricity generation from the GERD has strengthened Ethiopia’s appeal to foreign investors, particularly in manufacturing. “Over the next five years, industrial parks alone will require approximately 2,500 megawatts of electricity,” Fiseha said, adding, “The GERD is critical to meeting this rising demand and ensuring a stable, affordable power supply for large scale industries.” He said dependable energy, once a major barrier to investment, is no longer a limiting factor, enabling Ethiopia to attract global manufacturers in textiles, agro-processing and other energy intensive sectors. Other high-level participants also underscored the historical and symbolic importance of the project. They emphasized that conceived as the engine of Ethiopia’s shift from an agrarian to an industrial economy, the GERD was financed entirely through domestic bonds and public contributions, reinforcing its status as a project of national sovereignty. Deputy Government Whip Meseret Haile said the GERD stands as a living example of Ethiopia’s prosperity in action. “The GERD is a historical legacy that reflects the unity of the Ethiopian people and will be passed on to future generations,” she said, noting its contribution to industrial productivity and economic growth. Desalegn Wedaje, HPR Standing Committee on Planning, Budget and Finance Chairperson, on his part, described the dam as “a symbol of Ethiopia’s prosperity and the pride of the nation,” calling for new systems to expand tourism potential around the site. Prime Minister Abiy Ahmed’s Advisor on East African Affairs Getachew Reda also said the successful completion of the GERD has widened Ethiopia’s development horizon. “The dam has created the confidence to dream of even bigger national projects,” he said. Aregawi Berhe, CEO of GERD Project Coordination Office, on his part emphasized the unifying power of the dam. “The GERD is about creating a spirit of possibility among all Ethiopians,” he said. Policy Study Institute (PSI) Director General Fikadu Tsega also explained the project has boosted industrial productivity and strengthened the implementation of Digital Ethiopia. “The GERD has become a clear example of Ethiopia’s revival in practice,” he said. As Ethiopia moves toward full operational capacity of the dam, officials and experts agreed that the GERD now stands as a cornerstone of national renewal, linking energy security with industrial ambition and regional cooperation while translating natural resource potential into tangible economic gains.
India Keen to Collaborate with Ethiopia in Realizing Digital Ethiopia 2030 Strategy, Says Ambassador
Dec 25, 2025 672
Addis Ababa, December 25, 2025 (ENA)—India, a global leader in digital public infrastructure, wants to be part of Ethiopia’s successful journey toward realizing its Digital Ethiopia 2030 strategy, Indian Ambassador Anil Kumar Rai said. The Indian Ambassador to Ethiopia stated that he believes Digital Ethiopia 2030 will create a strong base for changing the country. Ambassador Rai added that India will work with Ethiopia on practical outcomes like loans for citizens, direct support for farmers, social security services, accurate tracking of residency, and matching skills for development. "This is really important for making the most of each person's abilities in the economy," he noted. This initiative, according to the Ambassador, positions Ethiopia as Africa's digital frontrunner, boosting productivity, governance, and resilience. Referring to the recent released strategy, he noted that the Digital Ethiopia 2030 plan aims to give almost everyone in Ethiopia access to 5G internet. During the week, Prime Minister Abiy Ahmed reaffirmed the government’s commitment to digital transformation, officially launching Digital Ethiopia 2030, a comprehensive national blueprint aimed at fully harnessing the power of technology for inclusive development. The Prime Minister noted that Ethiopia has successfully transitioned from its previous roadmap, stating that “Digital Ethiopia 2025 has been completed after achieving its intended goals to an almost full extent.” The forward-thinking plan focuses on making 5G internet and fiber optic broadband available to everyone, helping to connect cities and rural areas while also supporting the FAYDA digital identity project, according to the ambassador. "Digital Ethiopia 2030 will ensure that all Ethiopians can access 5G internet and digital identities through the FAYDA program," Rai explained. The Ambassador pointed out that having a digital identity with FAYDA and getting 5G internet will allow all citizens of Ethiopia to join the banking system. Subsequently, they will be eligible for loans, and can manage their savings more effectively. This is how the entire country will create a smooth and integrated market, the Ambassador elaborated. These improvements encourage financial inclusion, turning citizens into active players in the economy. By bringing everyone into banking with fiber IDs and fast networks, Ethiopians can access loans, savings, and investment options —helping to build a modern market economy where individual talents drive national growth.
Ethiopia Fosters Favorable Integrated Agro-Industrial Parks Investment Climate: Industry Minister
Dec 25, 2025 848
Addis Ababa, December 25, 2025 (ENA)—Ethiopia's government is fostering a conducive environment for investors in integrated agro-industrial parks (IAIPs), Minister of Industry Melaku Alebel said. Speaking at the Integrated Agro-industrial Parks investment forum today, he emphasized the administration's commitment to enhancing the industrial development through various support measures, including incentives for investors. Melaku highlighted the importance of IAIPs in producing value-added goods and improving global competitiveness.     He noted that investors in these parks benefit from reduced investment costs, ready access to inputs, and substantial government backing. With a significant portion of Ethiopia's agricultural exports consisting of raw products, the minister asserted that these integrated industrial parks are vital for increasing the value of exports and enhancing competitiveness. The parks are strategically located near essential resources, facilitating better linkages between farmers and processors. The government is prioritizing these agro-industrial parks to ensure their success, he said.     The Ethiopia Tamirt (Made in Ethiopia) initiative underscores the government's dedication to this sector, as it is actively promoting investment in IAIPs. Ethiopia's IAIPs play a crucial role in transforming its agriculture-based economy by adding value to farm products, boosting exports, generating employment, modernizing agricultural practices, attracting foreign direct investment (FDI), and improving food security. Key parks, such as Bulbula, Yirgalem, and Bure, feature modern infrastructure and investor incentives, including tax breaks. These parks aim to bridge the gap between the agricultural sector and the manufacturing industry by adding value to raw agricultural products, creating jobs, and boosting exports, it was learned.
Ethiopia’s Digital 2030 Strategy Crucial to Unlock Mining Potential, Says Minister Habtamu
Dec 24, 2025 919
Addis Ababa, December 24, 2025— Ethiopia’s Digital 2030 Strategy is pivotal to transform the nation’s untapped mineral wealth into a pillar of economic growth, according to Minister of Mines, Habtamu Tegegne. In an exclusive interview with ENA, Habtamu emphasized that digitalization is key to unlocking immense opportunities within the industry. The minister emphasized Artificial Intelligence (AI) as a pivotal tool for geological mapping, allowing experts to identify mineral types and calculate underground reserves with unprecedented accuracy. According to the minister, the adoption of airborne geophysics stands as a flagship innovation under the Digital 2030 Strategy, bridging the gap between scientific research and real-world application.     He emphasized that the technology significantly strengthens exploration efforts and “allows for more efficient resource extraction, ensuring Ethiopia to maximize its mineral wealth.” As the sector becomes increasingly tech-driven, companies are reporting higher levels of precision in both exploration and extraction. Beyond AI and geophysics, the Minister noted that various Ethiopian institutions are digitizing their core operations. This widespread digital shift is crucial for streamlining administrative processes, boosting productivity, and fostering seamless communication across the industry, he stated, adding that these digital systems are expected to drive operational efficiency and contribute to Ethiopia's broader economic growth. Despite the potential benefits, the journey toward digital transformation in mining necessitates significant investment, the Minister said, acknowledges that while the mining sector is experiencing progress, it requires substantial financial resources to fully integrate advanced technologies and digitization.   In this respect, Ethiopia’s Digital 2030 Strategy is critical in advancing the mining sector, he noted. “AI technology is making strides across various sectors, and while it's still emerging in the mining industry, efforts to digitize this sector are underway in the country. This transformation requires substantial investment. In this context, Ethiopia's Digital 2030 Strategy will play a pivotal role in advancing the digitalization of mining.” The minister explained that the mining sector is undeniably one of Ethiopia's economic pillars, showing steady progress and expansion over recent years. With increasing international interest and investment, the nation's mining exports are on the rise, further solidifying the sector's role as a key contributor to the economy, he noted, adding that he is optimistic that, with the right investments and technological advancements, the mining sector can become a powerhouse for national development. He further stated that Ethiopia continues to embrace the benefits of digitalization; the integration of advanced technologies that will significantly influence the future of the mining industry. The Digital 2030 Strategy also improves operational efficiencies, enhance environmental sustainability and ensure a more prosperous future for the nation, he added. Moreover, digitizing the mining sector through the Digital 2030 Strategy presents a unique opportunity for transforming the mining sector so as to contribute to the broader economic growth and development of the country. “The mining sector stands as one of the country’s key economic pillars, currently experiencing significant progress. The future of this industry will be shaped by advancements in technology, including AI and digitization. Embracing digitalization is across all sectors including for transforming the mining industry of the nation.” It was recently reported that Ethiopia has launched Digital Ethiopia 2030 Strategy, aiming to create strong capacity for digital technology, with a people-centered approach, to improve the lives of citizens.
Improving Financial Access Among Smallholder Farmers to Boost Food Self-Sufficiency
Dec 24, 2025 1156
Addis Ababa, December 24, 2025— Commercial Bank of Ethiopia to boost the country's food sovereignty through a new agricultural financial service that will provide farmers with greater access to credit and banking solutions, according to CBE Retail Banking Vice President Dessalegn Alemu. According to him, the new loan services were introduced specifically for smallholder farmers is a crucial step in providing accessible and sustainable credit solutions for the agricultural sector. This initiative is part of the broader Finance Roadmap, which aims to boost financial accessibility for other banks and financial institutions in supporting smallholder farmers and pastoralists.     This roadmap has been developed in collaboration with the Ministry of Agriculture, the National Bank of Ethiopia, the Ministry of Finance, and other key stakeholders. Access to financial resources plays a critical role in improving agricultural production and productivity. The new loans will enable farmers to acquire essential inputs such as fertilizers, certified seeds, pesticides, and machinery. By facilitating this financial access, CBE aims to enhance the productivity of millions of Ethiopian farmers across the country. The loan services cover a wide range of agricultural activities, including crop production, animal husbandry, milk and dairy production, as well as the cultivation of vegetables, fruits, and flowers. With this expanded financial access, smallholder farmers will now have the opportunity to increase their production levels significantly, addressing one of the historical challenges they have faced in comparison to investors in large-scale farming. The launch of these loan services marks a transformative moment for smallholder farmers, as they can now benefit from the same financial opportunities that were previously limited to larger agricultural enterprises. According to him, such access is expected to not only boost individual farmers' productivity but also contribute to national production goals. Through initiatives like these, the government is committed to achieving food sovereignty by increasing agricultural productivity. With these enhanced financial products and access, the CBE is firmly positioning itself as a catalyst for agricultural development in Ethiopia. This initiative not only addresses the financial needs of smallholder farmers but also fortifies the foundation of the rural economy, ensuring a more food-secure future for the country.
African Development Bank Mobilises Global Private Capital to Close Africa’s Financing Gap
Dec 24, 2025 1142
Addis Ababa, December 24, 2025—The African Development Bank Group (AfDB), in partnership with the Government of the United Kingdom, has launched a major push to mobilise global private capital to help close Africa’s estimated 402 billion dollars annual development financing gap. Building on the successful 17th replenishment of the African Development Fund (ADF-17)—which raised 11 billion dollars for Africa’s most vulnerable countries, the AfDB convened global investors in London for the inaugural Africa Private Capital Mobilisation Day at Lancaster House. The high-level event brought together more than 150 senior leaders from private equity firms, sovereign wealth funds, pension funds, insurers, philanthropies, export credit agencies, and development finance institutions. It marked a shift from policy dialogue to practical execution in attracting private investment to Africa. AfDB President Sidi Ould Tah described the initiative as a natural continuation of ADF-17 and a key step toward building a New African Financial Architecture. He emphasised collaboration with institutional investors to unlock Africa’s capital potential and strengthen financial sovereignty. Discussions focused on reframing risk perceptions about Africa, developing innovative financing platforms, and scaling investment in fragile and frontier markets. New data from the Global Emerging Markets Risk Database, presented by the Center for Global Development, showed that long-term lending to African borrowers has historically been less risky than widely assumed. Key sectors highlighted included healthcare and aviation, seen as critical to Africa’s economic resilience and regional integration. Two flagship initiatives were presented: Africa Medicines and Equipment Facility, developed with the Gates Foundation, to ensure affordable and timely access to essential medical supplies and Integrated Aviation Transformation Programme for Africa, supported by blended finance, aimed at modernising airports, airlines, and related services. In parallel, Dr Ould Tah hosted a closed-door roundtable with senior executives from around 30 major institutional investors to explore the creation of an Africa-focused Private Sector Innovation Lab, designed to co-develop new financing tools, partnership models, and risk-sharing mechanisms tailored to African markets.
Digital Ethiopia 2025 Success Marks Major Milestone in National Digital Transformation
Dec 24, 2025 844
Addis Ababa, December 24, 2025—The successful implementation of Digital Ethiopia 2025 has laid a strong and enduring foundation for Ethiopia’s future digital growth, according to scholars and industry experts. Academics from Adama Science and Technology University (ASTU) confirmed that the strategy has played a transformative role in reshaping the nation’s technological landscape and public engagement with digital services. During the week, Prime Minister Abiy Ahmed reaffirmed the government’s commitment to digital transformation, officially launching Digital Ethiopia 2030, a comprehensive national blueprint aimed at fully harnessing the power of technology for inclusive development. The Prime Minister noted that Ethiopia has successfully transitioned from its previous roadmap, stating that “Digital Ethiopia 2025 has been completed after achieving its intended goals to an almost full extent.” ASTU scholars praised the strategy’s achievements, emphasizing its impact on public attitudes toward technology. Dr. Dereje Regassa, Director of Community Engagement and Lecturer in Computer Science and Engineering, said the initiative not only established a strong technological foundation but also encouraged citizens to actively integrate digital solutions into their daily lives. Experts agree that these accomplishments position Ethiopia for accelerated digital development and sustainable, inclusive growth in the years ahead. Industry professionals in the Harari Region echoed these sentiments, reporting that Digital Ethiopia 2025 has delivered high-impact reforms that fundamentally reshaped administrative and technological systems nationwide. Sami Ahmed, an Information Technology expert at the Harari Mesob One-Center Service, highlighted that the digitalization of public services has significantly improved efficiency, while the integration of artificial intelligence is steadily transforming urban centers into smart cities. He added that government efforts to develop and localize technology are shifting Ethiopia from being primarily a consumer to an emerging creator of digital solutions. Focusing on the financial sector, Hamdi Ramzi, a communications and technology expert at the Harari Mass Media Agency, underscored the role of digital financial services in advancing financial inclusion. He noted that platforms such as Telebirr have gained widespread public trust, enabling citizens to conduct essential transactions from their homes. Hamdi also pointed to the agricultural sector, where improved access to digital information is modernizing farming practices, while digital transactions and the Mesob service have contributed to reducing corruption and fraudulent activities. Meanwhile, Desse Ahmed, an IT specialist at the Harari Mesob Center, identified the expansion of 4G and 5G networks and the rollout of the Fayda National ID system as key pillars of the strategy’s success. He stressed that these advancements have empowered citizens to apply technical knowledge for both personal advancement and national development.
Ethiopia Taps Mineral Wealth to Drive Economic Transformation Under ‘Medemer State’: Mines Minister
Dec 23, 2025 1036
Addis Ababa, December 23, 2025—Ethiopia is strategically capitalizing on its abundant mineral resources to drive a significant transformation in its economy, ensuring that this natural wealth lays the groundwork for accelerated development. Speaking to ENA, Minister of Mines Habtamu Tegegn stated that the government is implementing the ‘Medemer State’ philosophy, which particularly emphasizes harnessing the mining sector’s potential to significantly contribute to national prosperity. In recent years, the government has identified mining as one of five key pillars of the national economy, recognizing it as essential for structural transformation. Ethiopia boasts substantial mineral reserves that support vital sectors such as agriculture, manufacturing, and construction. Habtamu highlighted that by properly identifying these resources and integrating them into national policy, the government has created an increasingly vibrant investment climate. This shift in perspective, he said, prioritizes boosting export earnings, thereby strengthening the nation's financial position and enhancing its competitiveness in global trade. A report highlights a landmark achievement in Ethiopia’s mining sector last fiscal year, generating over 3.5 billion USD in revenue—a clear testament to the success of recent nation’s strategic interventions. Expectations are high for the current fiscal year, with projections indicating even greater foreign currency earnings as more industrial projects begin operations and optimize their production processes. Moreover, the current policy landscape has empowered Ethiopia to produce minerals domestically for local factories and construction projects. Habtamu emphasized that relying on local mineral production is not just an economic necessity; it also symbolizes national sovereignty. By decreasing reliance on foreign imports for raw materials, Ethiopia is securing its industrial future and fostering a more resilient, self-sufficient economy. As these policies continue to rejuvenate the mining sector, the Minister reaffirmed the government’s commitment to strengthening mining operations and ensuring that these resources contribute to sustainable and comprehensive national development.    
German Diplomat Applauds Ethiopia’s Market-Oriented Reforms for Boosting Investor Confidence
Dec 23, 2025 993
Addis Ababa, December 23, 2025—Ethiopia’s ongoing economic reforms are strengthening confidence among global investors as the country steadily advances toward a more market-oriented system, according to Ferdinand von Weyhe, Chargé d'Affaires of the German Embassy in Addis Ababa. Weyhe said Ethiopia’s policy consistency is emerging as a decisive signal for foreign investments. For him, continuity in reform efforts has played a critical role in shaping long-term investor confidence in the country Ethiopia’s Homegrown Economic Reform program, launched in 2019, aims to correct macroeconomic imbalances, promote productivity, and support sustainable growth by stabilizing key indicators and opening major sectors to private and foreign investment. The reforms signal a gradual shift toward a market-oriented economy while preserving a strong government role, and their continuity has boosted investor confidence and long-term international interest. The continuity of the reform agenda is particularly encouraging for international partners and investors assessing long term opportunities in the country, Weyhe told ENA. “We have seen consistent efforts to expand a market-oriented system, and Germany’s own experience shows that this approach is necessary,” he said. According to him, such reforms create long term public benefits and lay the foundation for sustainable prosperity. The chargé d'Affaires pointed to the country’s policy and structural changes demonstrate Ethiopia’s commitment to improving its investment climate. These include the launch of the Ethiopian Securities Exchange, measures to attract foreign capital, progress in logistics performance, and the decision to open segments of the retail sector to foreign companies. He further described these steps as clear indications of a gradual but steady shift toward a more competitive and open economy, noting that predictability and reform continuity matter as much as the reforms themselves. At the same time, Weyhe stressed that further efforts are required to fully unlock the benefits of the reform process. He said easing procedures, reducing bottlenecks, and allowing markets to function more efficiently would be critical to sustaining investor confidence and accelerating growth. Logistics and customs reforms were highlighted as priority areas for improving Ethiopia’s global competitiveness. According to Weyhe, inefficiencies in freight forwarding and border procedures directly affect the ability of Ethiopian firms to compete internationally. “If a company in Ethiopia wants to compete on the world market, it is very important to improve the speed and quality of freight forwarding,” he said, emphasizing that logistics performance is a decisive factor for export driven growth. He also underscored Ethiopia’s strong potential in green and renewable energy, describing it as a strategic advantage in an increasingly sustainability focused global economy. “Green energy can become a strong brand for Ethiopia in the global market,” he said, adding that access to clean and affordable energy could enhance competitiveness across multiple sectors. Weyhe identified textiles, agriculture, logistics, and information technology as areas with significant growth potential, particularly if reforms continue and are complemented by improvements in infrastructure, skills development, and regulatory efficiency. His remarks reflect growing international interest in Ethiopia’s reform agenda, as policymakers seek to balance economic liberalization with stability, job creation, and inclusive growth.
Ethiopia’s Maritime Access Generational Quest for Survival—Scholars
Dec 22, 2025 2008
Addis Ababa, December 20, 2025 (ENA) —Scholars contend that Ethiopia’s pursuit of sovereign maritime access transcends mere policy; it is an existential imperative and a profound generational demand essential to the nation's survival. Despite its historical legacy as a maritime power and its proximity to the Red Sea, Ethiopia remains landlocked—a geographical anomaly that has long stifled its potential. Experts argue that through the lenses of history, geography, and international law, this confinement requires a permanent and equitable resolution. In his seminal work, Assab: To Whom Does It Belong?, the distinguished legal scholar Yakob Hailemariam meticulously details the disparity between coastal and landlocked nations. Drawing on the insights of economist Paul Collier, Yakob highlights a stark reality: "Without a sea outlet, your market is restricted to your neighbors; with a sea outlet, your market is the entire world." For a nation of more than 130 million people, the limitations of landlocked status are increasingly viewed as unjust, with Ethiopia’s call for maritime access gaining growing international attention. Speaking with ENA, socio-economic experts from Mekelle city underscored the urgency of this defining issue. Social science expert Mezeker Gebrehiwot asserted that Ethiopia cannot sustain its current trajectory while remains shuttered from the coast. He noted that a burgeoning economy, rapid demographic growth, and the geostrategic significance of the Red Sea make it imperative that Ethiopia’s rights to maritime access be honored. Economic expert Hadera Bahita broadened the context, noting that genuine regional integration and shared prosperity in the Horn of Africa depend on equitable use of the Red Sea. She argued that any regional peace efforts or developmental blocs that exclude Ethiopia from maritime participation are inherently incomplete. Hadera emphasized that Ethiopia’s access is a pillar for regional stability. The economic cost of confinement remains the primary driver of this urgency. As Yakob notes in his research, a coastal nation can achieve in 24 years the level of growth that takes a landlocked country 36 years to reach. To secure its future and protect the integrity of its supply lines, Ethiopia views sovereign access to the sea as an inevitable necessity and has continued to intensify its legitimate pursuit of this right.
Ethiopia, Kenya Sign Simplified Border Trade Deal to Boost Cross-Border Commerce
Dec 21, 2025 1605
Addis Ababa, December 21, 2025 (ENA) —Ethiopia and Kenya have signed a Simplified Border Trade Regime aimed at strengthening cross-border commerce and improving the livelihoods of communities living along their shared border. The agreement was signed in Addis Ababa by Ethiopia’s Minister of Trade and Regional Integration, Kassahun Gofe, and Kenya’s Cabinet Secretary for Investments, Trade, and Industry, Lee Kinyanjui. It follows earlier discussions held in Mombasa, Kenya, in April 2025, where both sides agreed to enhance cooperation on border trade. The deal reflects the two countries’ long-standing strategic partnership, built on mutual understanding, close cooperation, and what officials described as a spirit of brotherhood. It is designed to simplify procedures for small-scale cross-border traders while creating favorable conditions for the sustainable development of formal border trade. Under the new regime, border communities in both countries will gain improved access to basic consumer goods through relaxed trading laws and streamlined procedures. The agreement is also expected to reduce informal and illegal cross-border trade by encouraging traders to operate within a simplified and regulated framework. Beyond economic benefits, the Simplified Border Trade Regime aims to promote sustainable and harmonious border development, while contributing to peace and security along the shared frontier. Officials from both countries expressed confidence that the agreement will further strengthen bilateral trade ties and support inclusive economic growth in border areas
Digital Ethiopia Drives Telecom Growth, Strengthened Cybersecurity, and AI Expansion: Officials
Dec 20, 2025 2204
Addis Ababa, December 20, 2025 (ENA)—Ethiopia’s digital transformation is gaining momentum, driven by telecom expansion, strengthened cybersecurity, and a growing push for artificial intelligence, according to heads of key institutions. Ethiopia has launched Digital Ethiopia 2030 today in the presence of Prime Minister Abiy Ahmed. Prime Minister Abiy stated that the precursor “Digital Ethiopia 2025 has been completed after achieving its intended goals to an almost full extent.” Expanding accessibility, creating equal opportunities for citizens, and strengthening trust between citizens and institutions are among the key foundational pillars of the strategy, the premier said. “Digital Ethiopia 2025 has recorded numerous achievements in the telecommunications sector. For example, the number of mobile subscribers has reached 97 million, of which 57 million are internet users, Frehiwot Tamru, Chief Executive Officer, Ethio Telecom indicated during the occasion. In addition, 1,030 towns now have access to 4G network coverage, according to the CEO. Under the Digital Ethiopia 2030 Strategy, the number of mobile subscribers is expected to reach 128 million, and 5G network coverage will reach 100 percent. She added that by 2030, special emphasis will also be placed on expanding digital payments, aiming for growth of more than sevenfold compared to their current contribution to the national GDP. On her part Tigest Hamid Director General, Information and Network Security Administration, revealed that within the Digital 2025 Strategy, several enabling foundations have been laid in the area of cybersecurity. “By building our own cloud infrastructure, trust in Ethiopia’s digital services has been strengthened. In addition, a digital forensics laboratory has been established for security institutions and made operational.” Cybersecurity has been given strategic priority under Digital Ethiopia 2030, Tigest pointed out. She further elaborated that efforts will focus on building resilient critical digital infrastructure, upgrading public infrastructure, establishing an incident response center, and strengthening cybersecurity work that includes private-sector institutions. Under Digital Ethiopia 2030, numerous initiatives will be implemented to expand the artificial intelligence ecosystem, Worku Gachena, Director General, Ethiopian Artificial Intelligence Institute said. “Beyond using our own cloud infrastructure, efforts will be made to establish an effective data governance system. Accordingly, structured data will be used for decision-making, and an independent national data authority will be made operational.” Attention is also being given to integrating and standardizing digital service delivery, according to Worku. Yodahie Arayaselassie, National ID Program Coordinator said for his part,tThe Fayda Digital ID has been implemented as a key component of the Digital 2025 Strategy. Currently, 30 million citizens have been registered for the Fayda ID. “Under Digital Ethiopia 2030, Fayda has also been given strategic importance, with efforts underway to make it fully accessible. In particular, services at the lowest administrative levels will be integrated with Fayda to achieve the goals set out in the strategy.” This will require collaborative effort from all stakeholders, he pointed out.
Ethiopia’s Digital Push Fuels Innovation and Growth, Says Deputy PM
Dec 20, 2025 1432
Addis Ababa, December 20, 2025 (ENA) — Ethiopia has officially launched Digital Ethiopia 2030, a new five-year strategy aimed at ensuring sustainable digital transformation across all sectors of the economy, Deputy Prime Minister Temesgen Tiruneh, stated. The strategy was launched in the presence of Prime Minister Abiy Ahmed today. Speaking at the launch event, the Deputy Prime Minister who is also Chairperson of the National Digital Transformation Council, said Ethiopia possesses both the ambition and the capacity to achieve sustained growth. “Ethiopia is a country with the desire and the capacity to grow. In this regard, Ethiopia’s digital agenda is helping align our aspiration for growth with our capabilities by fostering innovation, speed, and efficiency.” He further noted that the country’s digital agenda plays a crucial role in aligning national aspirations with practical capabilities. According to him, the Digital Ethiopia 2025 Strategy has delivered broad-based achievements, particularly through the expansion of digital infrastructure nationwide. “The Digital Ethiopia 2025 Strategy has delivered wide-ranging benefits by expanding digital infrastructure across the country,” Temesgen noted. These efforts have brought substantial improvements in government operations, public service delivery, and access to finance, laying a strong foundation for further digital progress, the Deputy PM said. “Significant changes have been realized in government operations, service delivery, and access to finance.,” Temesgen stated. Building on these gains, Digital Ethiopia 2030 will focus on deepening digital transformation over the next five years by promoting inclusive, efficient, and sustainable digital solutions across all sectors, he added. The new strategy is expected to strengthen Ethiopia’s digital economy, enhance public services, and support long-term development goals through technology-driven reforms.
Ministry Provides Equipment that Enhances Electronic Cargo Tracking System for Customs Commission
Dec 20, 2025 900
Addis Ababa, December 20, 2025 (ENA) — The Ministry of Transport and Logistics has donated specialized equipment to the Customs Commission with the view to enhancing the Electronic Cargo Tracking System (ECTS). This technological infusion is set to safeguard the integrity of import and export commodities while addressing systemic bottlenecks within the logistics industry, it was learned. During the handing over ceremony, Transport and Logistics Minister Alemu Sime said the equipment allows seamless monitoring of goods from their origin to their final destination.     By utilizing electronic seals, this technology ensures that cargo movements occur without unnecessary interruptions or tampering. According to him, the system serves as a strategic defense against various challenges, including cargo tampering, theft during transit, contamination from unauthorized substances, and the illicit movement of commodities. The ministry also reported significant strides in the country’s logistics sector, driven by comprehensive reform initiatives and the integration of modern technology. The implementation of these measures is expected to double the overall performance efficiency of the logistics sector, moving Ethiopia closer to international standards of trade security. With regard to the strategic reforms, State Minister Denge Boru revealed that the national logistics strategy has undergone a significant revision.     While the previous roadmap spanned ten years, the newly refined five-year strategy — anchored in the Medemer philosophy, prioritizes addressing historical gaps to elevate the sector to a higher stage of development. Customs Commissioner Debele Kabeta hailed the collaborative effort and emphasized that this support marks a new chapter in the partnership between the two institutions. He affirmed that the technology will be instrumental in fostering a secure, transparent, and streamlined trade environment for the nation. This comprehensive initiative reflects Ethiopia's commitment to modernizing its logistics operations and enhancing the overall efficiency of its trade sector.
Ethiopian News Agency
2023