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Ethiopia Eyes Historic 10 Billion USD Export Revenue Milestone: PM Abiy
May 3, 2026 267
Addis Ababa, May 3, 2026 —Prime Minister Abiy Ahmed announced that Ethiopia is on track to generate 10 billion US dollars in export earnings this fiscal year, marking what would be a historic first for the country. Speaking at the opening of the 4th ‘Made in Ethiopia’ Expo, the Prime Minister said the projected revenue reflects a dramatic increase from just three years ago, when the country’s annual export earnings had not exceeded 3 billion USD. PM Abiy attributed the progress to the country’s expanding industrial sector and the success of the Made in Ethiopia movement, noting that manufacturing growth has risen from 4.7 percent to 10.7 percent this year. The Prime Minister said Ethiopia’s economic strategy has focused on expanding exports while reducing reliance on imported goods through domestic production.   According to the Premier, Ethiopia has produced 14.5 billion USD worth of import-substitute goods over the past four years, with plans to double that figure in the coming years. In that regard, the Prime Minister warned that failure to expand domestic production would leave the country vulnerable to mounting debt burdens that could affect future generations. The PM also revealed that 993 previously closed industries have resumed operations, contributing significantly to job creation and trade expansion. He added that since the launch of the national manufacturing drive, Ethiopia has attracted 3,680 new investors into the sector. PM Abiy called on Ethiopian manufacturers to embrace economic patriotism by rejecting contraband trade and corruption while improving competitiveness.   “The time of producing only for the domestic market is over,” he said, urging local manufacturers to expand into broader African markets. The Prime Minister further disclosed that Ethiopia has identified 96 products for import substitution through local manufacturing, including plans for major expansion in the ceramics industry. He also stated that Ethiopia’s economy is currently growing at 10.2 percent, driven by progress in agriculture, mining, manufacturing, tourism, and technology sectors. In a notable development, Prime Minister Abiy said Ethiopia has moved beyond self-sufficiency in defense production and has begun exporting defense products to more than six African countries.   He concluded by emphasizing that Ethiopia’s full economic sovereignty will be achieved once the country begins producing its own industrial machinery for sectors such as defense, textiles, and pharmaceuticals.
Manufacturing Sector Strengthening Ethiopia’s Economic Sovereignty, Says Industry Minister
May 3, 2026 236
Addis Ababa, May 3, 2026 —Ethiopia’s manufacturing sector is playing an increasingly vital role in strengthening the country’s economic sovereignty, Industry Minister Melaku Alebel said at the opening of the 4th ‘Made in Ethiopia’ Expo. Speaking at the event, officially launched by Prime Minister Abiy Ahmed, the minister underscored the government’s commitment to expanding industrial production and reducing dependence on imported goods through stronger domestic manufacturing. The opening ceremony was attended by senior government officials, including House of Federation Speaker, Agegnehu Teshager, President of the Federal Supreme Court, Tewodros Meheret, dem Farah, Vice President of the ruling Prosperity Party (PP) and Head of the Democratic System Building Center, with the rank of Deputy Prime Minister, alongside other high-ranking officials and invited dignitaries.   In his remarks, Melaku said the achievements recorded by Ethiopia’s productive workforce under the government’s reform agenda demonstrate the country’s growing momentum toward prosperity. He described industrial development as a central pillar of the government’s development strategy, noting that a strong manufacturing sector helps safeguard national sovereignty, reduce economic dependency, and preserve national dignity. According to the minister, continued investment in manufacturing will enable Ethiopia to withstand external economic pressures while ensuring sustainable long-term growth. He added that the government has introduced wide-ranging reforms in recent years, including macroeconomic measures, new policy frameworks, and efforts to create a more favorable environment for manufacturers to boost productivity. Melaku also highlighted the establishment of the Manufacturing Industry Council, which he said was created to address challenges facing producers and improve efficiency across the sector. He noted that reforms implemented over recent years have increased production capacity, expanded local substitute products, and strengthened export performance.   The minister said the Made in Ethiopia movement has also played a significant role in raising public awareness about the importance of supporting locally made products. The expo will help strengthen collaboration among manufacturers, encourage experience-sharing, and facilitate research and technology transfer to further enhance the sector’s competitiveness, he further elaborated. Melaku reaffirmed the government’s commitment to addressing persistent manufacturing challenges, particularly in finance and infrastructure—while also emphasizing the importance of expanding rural industries to sustain the progress achieved over the past four years.
PM Abiy Launches 4th ‘Made in Ethiopia’ Expo, Highlights Industrial Expansion
May 3, 2026 803
Addis Ababa, May 3, 2026 —Prime Minister Abiy Ahmed officially launched the 4th “Made in Ethiopia” Expo today, emphasizing the country’s ongoing efforts to expand and strengthen its manufacturing sector as a central pillar of economic transformation. The Prime Minister underscored that the program has already delivered significant results across key industrial and economic indicators. According to official figures presented at the event, manufacturing input supply has increased from approximately 9 million to over 15 million tons annually.   More than 3.4 GW of electricity has been supplied to new industrial investments, it was noted. Financing for the sector has also surged from 8.1 billion Birr to over 50 billion Birr for SMEs, and to more than 262 billion Birr for large industries. In addition, over 2.28 billion USD in foreign currency has been allocated to the sector. Industrial performance indicators showed further improvement, with production capacity utilization rising from 47% to 67%, while manufacturing growth increased from 4.8% to 10.7%, with additional expansion expected. Import substitution efforts have generated savings of up to 4.85 billion US dollars, while export performance continues to strengthen.   The government also reported that more than 2,800 investments have been attracted, creating approximately 1.4 million jobs. The “Made in Ethiopia” Expo has grown into a key national platform that connects industries, attracts investment, and showcases domestic innovation. This year’s edition features hundreds of exhibitors and draws tens of thousands of visitors.   Officials say the launch reflects Ethiopia’s accelerating industrial transformation, with manufacturing increasingly positioned at the center of economic growth, job creation, and global competitiveness.
Ethiopia’s Four Years of Sustained Effort Deliver Measurable Progress in Industrial Sector: PM Abiy
May 3, 2026 484
Addis Ababa, May 3, 2026 —Prime Minister Abiy Ahmed has highlighted Ethiopia’s major industrial achievements over the past four years, describing them as clear evidence of the country’s commitment to economic transformation and self-reliance. Speaking at this year’s “Made in Ethiopia” Expo, the Prime Minister said it was a proud moment to witness the tangible realization of Ethiopia’s national vision through remarkable industrial growth and investment success. “Our results-driven governance is producing measurable outcomes,” Prime Minister Abiy said, pointing to key milestones achieved under the government’s industrial development agenda.   According to the Prime Minister, average industrial production capacity utilization has risen significantly from 47 percent to 67 percent. He also noted that Ethiopia has attracted more than 2,800 domestic and foreign direct investments over the past four years, according to remarks shared on his social media platforms. In addition, the country has saved more than 4.85 billion US dollars in foreign exchange through import substitution during the first nine months of the 2018 Ethiopian fiscal year, he said. The Prime Minister noted that the “Made in Ethiopia” Expo has brought together hundreds of emerging enterprises, manufacturers, and innovative startups from across the country, showcasing Ethiopia’s growing industrial potential.   He stressed that continued collaboration among the government, investors, and businesses will be essential to sustaining momentum and accelerating national development. “By working together and sustaining this momentum, we will build a resilient, industrialized, and self-reliant Ethiopia for generations to come,” he said.   Closing his remarks on a patriotic note, Prime Minister Abiy reaffirmed confidence in Ethiopia’s future. “We were great, and we shall be even greater,” the Prime Minister underscored.
AU Agenda 2063 Diplomatic Mission Chief Explains How Africa Can Become One of World’s Most Competitive Economic Blocs
May 3, 2026 709
Addis Ababa, May 3, 2026 —Although Africa has the resources, population, and market potential to become one of the world’s most competitive economic blocs, the continent must first recognize and fully utilize its strengths, according to Elizabeth E. Onwuchekwa, Director-General of the Pan-African AU Agenda 2063 Diplomatic Mission. In an exclusive interview with ENA, Onwuchekwa, said Africa continues to underperform because it has not effectively leveraged its natural wealth, human capital, and internal markets for development and economic transformation. Africa is now the second most populous region globally and the fastest-growing major population center in the world, with an estimated 1.58 billion people in 2026. According to Onwuchekwa, Africa’s development challenge is not a lack of opportunity, but the failure to intentionally organize and deploy its vast resources to build the continent envisioned under the African Union’s Agenda 2063. The growing population in the continent should be seen not as a burden, but as a strategic asset that can drive industrialization, trade, innovation, and long-term prosperity if properly harnessed, she insisted. “What we are doing here (at the Twelfth Session of the Africa Regional Forum on Sustainable Development) is the beginning of it—coming together as one continent to identify and discuss the challenges and the resources at our disposal....Then we go back and begin to implement.” She stressed that African countries must be deliberate in translating policy commitments into practical action, particularly in trade, regional integration, and economic cooperation. The Director-General noted that one of the continent’s biggest untapped strengths is its internal market. Despite being home to one of the world’s fastest-growing consumer populations, trade among African countries remains limited and often more difficult than commerce with external markets, she added. “Trading among African countries is actually harder than it is to trade with the Western world,” Onwuchekwa pointed out, stating that “it seems easier to buy things from China, from the U.S., from the U.K., than it is to buy things from among African countries.” Connecting these markets more efficiently through trade and logistics is critical to unlocking Africa’s economic potential, she said. To help address this, the Director-General revealed that the Pan-African AU Agenda 2063 Diplomatic Mission has developed a digital trade platform aimed at simplifying intra-African commerce and improving market access across borders. Thee platform, known as the Pan-African Continental Supermarket Place (PAC-SM), is designed to make trade in goods and services more seamless by allowing businesses across Africa to identify suppliers, make purchases, and exchange products more easily, she elaborated. “One of the things we have put in place is to make sure that everyone within the African continent can find whoever can sell whatever they want easily and buy whatever they need from other African countries easily.” According to Onwuchekwa, the platform, which is already in place, is being refined to support smoother transactions, easier trade flows, and stronger commercial linkages among African economies. Women and youth must be central to Africa’s transformation, the Director-General emphasized, as the continent seeks to convert its demographic growth into long-term economic gains. Recall that Africa is the youngest continent in the world and is projected to become one of the largest future sources of labor, consumption, and economic expansion globally. Onwuchekwa said women and youth are already stepping forward across the continent, but broader participation will be essential to building a more resilient and self-sustaining Africa. “More youth, more women need to come into the solution table to be part of what is already going on in building the Africa that we want.”
Addis Ababa’s Corridor, Mega Development Projects Astonishing: Ambassadors
May 2, 2026 1027
Addis Ababa, May 2, 2026 —The ongoing corridor development and mega projects in Addis Ababa have brought about an astonishing transformation in the city’s image, according to ambassadors residing in the capital city. The ambassadors told ENA that the dramatic changes witnessed in the capital over a short period are striking. Addis Ababa has transformed its urban landscape and became a modern, beautiful, and convenient city for both residents and visitors. Romania’s Ambassador to Ethiopia, Julia Pataki, said the scale of transformation achieved in Addis Ababa is inconceivable. According to her, the city has changed so dramatically over the past year and a half that some areas she once knew have become difficult to recognize. The Ambassador said Addis Ababa has become a modern city with wide roads, attractive pedestrian walkways, and parks as a result of the corridor development works. This transformation is not only a government project but also a public one, she stated, adding that initiatives ranging from the Grand Ethiopian Renaissance Dam to tourism development efforts deserve appreciation. “This is a major transformation. I must say this is not only a government project, but also a public project. Everything changing here from the Grand Ethiopian Renaissance Dam to tourism projects, and especially this corridor development project—is impressive,” Ambassador Pataki noted. Mexico’s Ambassador to Ethiopia, Alejandro Ives Estivill Castro, said the corridor development has not only enhanced the beauty of the city but also created a more comfortable and accessible environment for residents. For foreign nationals, moving around, driving, and enjoying the city has become much easier and more appealing, he added. “As a foreigner, it is now much easier to move around Addis Ababa, to drive, to get around, and to enjoy life here. At this moment, this project is very eye-catching and attractive.” Finland’s Ambassador to Ethiopia, Sinikka Antila, said the corridors, parks, and riverside developments are impressive. She stated that the projects carried out across the city are remarkable and making Addis Ababa an increasingly attractive place to live and spend leisure time. “All these changes—the corridors, the parks, and now the riverside developments—are things I have seen during my stay. It is a very impressive transformation. It is truly wonderful to have such beautiful recreational spaces. The change seen here is remarkable; and I have witnessed it myself during my time here.” Bangladesh’s Ambassador to Ethiopia, Air Vice Marshal Sitwat Nayeem, said the speed at which the transformation is taking place is impressive. He added that the difference between what he saw in July last year and what exists now is like day and night. “I am seeing many positive changes taking place in Ethiopia…(And) the work being done to make this city meet international standards is admirable and truly very good.”
PM Foresees Significant Contribution of Huajian Special Economic Zone for FDI Flow, Economic Growth
May 2, 2026 954
Addis Ababa, May 2, 2026 —Addis Ababa, May 2, 2026 —Prime Minister Abiy Ahmed said the Huajian Special Economic Zone (SEZ) will contribute significantly to foreign direct investment and economic growth of Ethiopia. The premier visited the "Gobez Solar Cell" manufacturing facility and other factories located in the Huajian Special Economic Zone in Addis Ababa today. He said on the occasion that ''we will realize Ethiopia’s prosperity within a short period by recording sustainable and continued growth through working diligently, completing ongoing projects and filling gaps."   PM Abiy stated that the Huajian Special Economic Zone, built by a private investor, is threefold larger than the Jimma and Kombolcha industrial parks, and is comparable in size to the Hawassa Industrial Park. The Huajian Special Economic Zone has 30 sheds, accommodates large number of people, and is located close to the city. The Special Economic Zone, which used to largely produce textiles, will now produce products such as solar, electric bicycles, shoes, and clothing in the economic zone. The premier further pointed out that the production of various products in the economic zone will expand market opportunities.   The "Gobez Solar Cell" factory, which is currently producing two gigawatts, will begin producing two more gigawatts next year, he added. PM Abiy also highlighted the recent growth of the expansion of solar cell production within a short period of time. The Huajian Special Economic Zone with many sheds has the potential to attract a lot of foreign investment, according to the premier. Stressing the benefits of industries to the economy, job creation, energy, and service, he said, they have also multifaceted advantages, including foreign exchange earnings, and knowledge transfer, among others.   According to Prime Minister Abiy, the Ethiopia Tamirt (Made in Ethiopia) movement is gaining momentum in the country with tangible results in bringing industrial transformation, demonstrating that Ethiopia has the opportunity to become self-sufficient in various spheres in the coming years.
Ethiopia Doubles Power Generation in Seven Years, Moves to Africa’s Leading Energy Hub: EEP
May 2, 2026 2657
Addis Ababa, May 2, 2026 —The Ethiopian Electric Power (EEP) announced that Ethiopia has significantly expanded its power generation capacity and electricity access over the past seven years, strengthening its drive to become a leading renewable energy hub in Africa. Moges Mekonnen, EEP Communication Director, told ENA that national electricity access has risen from 44 percent to about 54 percent, reflecting sustained investment and reform efforts in the energy sector. He also revealed that the country’s installed power generation capacity has more than doubled, increasing from 4,462 megawatts to 9,752 megawatts over the same period. “This is a major leap that reflects Ethiopia’s fast progressing energy development,” he underscored. The expansion has been bolstered by extensive infrastructure development. According to him, the country’s power grid consists of more than 21,000 kilometers of transmission lines, ranging from 132 to 500 kilovolts, which enable electricity to reach broader areas of the country. Ethiopia continues to rely almost entirely on renewable energy, with close to 100 percent of electricity generated from hydropower, wind, solar, and geothermal sources. Moges further stressed the importance of diversifying the energy mix to improve resilience to climate variability. Hydropower currently dominates generation, while wind contributes about 4 to 5 percent and geothermal accounts for less than 1 percent, he said, adding that efforts are underway to scale up alternative renewable sources and build a more climate-resilient system. Major projects such as the Grand Ethiopian Renaissance Dam, the Aysha II Wind Power Project, and the Asella Wind Farm have played a key role in boosting capacity. Electricity demand is rising rapidly, growing by more than 20 percent annually, driven by industrial expansion, urbanization, and broader economic activity, he elaborated. Despite this growth, system losses—referring to the electricity generated but lost during transmission—remain relatively low at 5 percent to 6 percent, which is within internationally acceptable levels. Moges attributed this to continued investment in distribution networks and substations, while noting that efforts are ongoing to further reduce these losses. Looking ahead, Ethiopia aims to achieve universal electricity access within five years through a mix of grid expansion and off-grid solutions. Grid access is expected to reach between 75 and 78 percent, with the remainder served through off-grid technologies such as solar and biogas, the director added. According to him, Ethiopia is reinforcing its role in cross-border electricity trade in line with the African Union’s Agenda 2063, which emphasizes continental infrastructure connectivity. The country currently exports electricity to Sudan, Djibouti, Kenya, and Tanzania, with new agreements underway with South Sudan. Somalia and Somaliland have also expressed interest in future supply. Moges further emphasized that Ethiopia plans to expand exports beyond neighboring countries by utilizing third-party transmission networks to access wider African markets, including Southern Africa. Revenue from electricity exports is being reinvested into domestic infrastructure development, he said, citing the Aysha II wind project as an example, noting that it is now being supported through internal financing after earlier funding challenges. Data from Ethiopian Electric Power shows that the country generated about 24,970 gigawatt-hours of electricity in the first nine months of the current fiscal year, generating 90.16 billion Birr from domestic and export sales. Foreign currency earnings from electricity exports reached 366 million U.S. dollars during the same period, an increase of 138 million dollars compared to the previous year. “The progress achieved in a short period encourages us to do more,” Moges said, emphasizing that Ethiopia’s renewable energy expansion is contributing to economic growth and the transition to a carbon-free economy. With continued investment and diversification, Ethiopia is positioning itself as a key player in Africa’s clean energy future while advancing inclusive and sustainable development.
Prime Minister Abiy Spearheads Comprehensive Development and Diplomatic Milestones
May 2, 2026 3078
Addis Ababa, May 2, 2026 —Prime Minister Abiy Ahmed has led a transformative series of high-level initiatives throughout April 2026, marking significant strides in scientific research, urban renewal, and macroeconomic stability while fortifying Ethiopia’s diplomatic and continental leadership. The Prime Minister’s activities this month were anchored by the inauguration of several landmark projects designed to bolster national self-sufficiency and urban livability, according to Office of the Prime Minister. Key among these was the unveiling of a state-of-the-art research complex at the Armauer Hansen Research Institute (AHRI), equipped with 40 laboratories and a bioequivalence center to certify locally manufactured pharmaceuticals. In the capital, the Arada Park and Addis Sports Park projects were launched, transforming neglected areas into vibrant multi-purpose hubs that integrate Olympic-standard infrastructure with community housing and commercial opportunities. In a move that solidifies Ethiopia’s role in the future of African technology, Prime Minister Abiy was appointed as the African Union Champion for Artificial Intelligence and Digital Health. This continental mandate aligns with the Prime Minister’s domestic push for "Industry 4.0," emphasizing chips, data, and robotics as essential pillars of national sovereignty. Economic performance reviews for the nine-month period revealed a robust 9.2% growth rate, with projections reaching 10.2% for the coming year. This success is underpinned by sweeping reforms that turned state-owned enterprises into profitable entities generating 2.1 trillion birr in revenue. On the diplomatic front, Ethiopia hosted the Presidents of Burundi, Liberia, South Sudan, and Mozambique, signing several cooperation agreements in defense, health, and education. Domestically, the Prime Minister extended the appointment of Lt. Gen. Tadesse Worede as President of the Tigray Region Interim Administration following a review of the region’s annual performance. The month also highlighted Ethiopia's environmental and social commitment, with early preparations beginning for hosting COP32 in 2027 and the report of over 19.8 million jobs created over the past eight years, underscoring a period of intensive nation-building.
Ethiopia’s Energy Expansion Drives Push for Stronger Intra-African Trade: Tanzanian Official
May 2, 2026 1304
Addis Ababa, May 2, 2026 —Ethiopia’s growing role as a regional energy hub is highlighting the urgent need for stronger intra-African trade to accelerate industrial growth across the continent, Tanzania’s Deputy Minister for Minerals, Stephen Kiruswa, told ENA. Ethiopia is increasingly emerging as a key player in East Africa’s energy integration efforts. As one of the region’s largest electricity producers—generating most of its power from renewable sources, the country already exports electricity to Djibouti, Sudan, and Kenya, while advancing new transmission connections with Somalia and Tanzania. The cross-border energy projects align with the African Union’s Agenda 2063, which envisions a continent-wide renewable energy network aimed at strengthening regional integration through shared infrastructure. Approached by ENA on the sidelines of the Africa Regional Forum on Sustainable Development in Addis Ababa, Kiruswa praised Ethiopia’s growing contribution to regional energy cooperation. “Ethiopia is a major producer of electricity in the region,” Kiruswa said, noting that power generated in the country is already being shared through regional cooperation mechanisms. He stressed that improved energy access remains critical for industrial expansion and deeper economic collaboration across Africa. According to the deputy minister, Ethiopia’s progress offers a practical model of how regional integration can deliver concrete economic benefits by supporting manufacturing growth, attracting investment, and strengthening shared infrastructure. Kiruswa noted that Tanzania is also expanding regional energy connectivity through the Mwalimu Julius Nyerere Hydropower Project, which is expected to supply electricity to neighboring countries, including Zambia and Malawi. “Some of the power from Ethiopia is coming through Tanzania. We are sharing through the power-sharing platform and that electricity is also being generated in Tanzania through one of the major dams,” he said. He emphasized that growing energy integration must be matched by stronger trade ties to unlock Africa’s industrial potential and reduce dependence on external markets. African countries are ramping up efforts to build regional value chains under the African Continental Free Trade Area (AfCFTA), which seeks to create a single market for goods and services while boosting trade among African nations. Kiruswa called for better utilization of regional economic blocs such as the East African Community (EAC), Southern African Development Community (SADC), and the Economic Community of West African States (ECOWAS) to ease the movement of goods, services, and industrial inputs across borders. He said stronger cooperation would help countries establish shared processing hubs, lower production costs, and build more resilient industrial supply chains. “If we are manufacturing electric vehicle batteries in Tanzania, Ethiopia can buy them from us instead of importing from outside Africa,” Kiruswa said. “Likewise, we can source what we need from our neighbors. That is how intra-African trade will prosper.” He added that cross-border industrial specialization could strengthen regional value chains and accelerate industrialization across the continent. Kiruswa concluded that harmonized regulations, coordinated industrial planning, and stronger trade frameworks will be essential for African countries to fully benefit from their natural resources, expanding energy systems, and growing consumer markets. He said combining increased energy connectivity with stronger intra-African trade systems would provide a solid foundation for sustainable industrial growth and long-term economic transformation across Africa.
Made in Ethiopia’ Expo to Draw 150,000 Visitors, Target Over 5 Billion Birr in Deals
May 1, 2026 2148
Addis Ababa, May 1, 2026 —Ethiopia’s drive to strengthen its manufacturing sector is gaining momentum, with the government positioning the upcoming 4th Made in Ethiopia Expo as a flagship platform for industrial growth, trade expansion, and innovation. Industry Minister Melaku Alebel said the “Made in Ethiopia” initiative is already improving the competitiveness of local manufacturers by boosting productivity. According to him, the initiative is also addressing structural bottlenecks, and expanding market access through coordinated policy support and targeted interventions. Set for May 3–8, 2026, at the Addis International Convention Center, the expo will be held under the theme “Made in Ethiopia for Multifaceted Sovereignty.” The government expects the event to attract more than 150,000 local and international visitors, bringing together manufacturers, investors, policymakers, and innovators in a large-scale showcase of Ethiopia’s industrial capacity. Officials project that the expo could generate over 850 trade agreements worth more than 5 billion birr, highlighting its role as both a commercial hub and a policy-driven platform for industrial expansion. The event is designed not only to promote Ethiopian-made goods but also to accelerate innovation, technology transfer, and knowledge sharing across sectors. Startups will have dedicated space to connect with established firms, potentially scaling their ideas into commercial ventures. Beyond exhibitions, the program will include panel discussions, product development competitions, and recognition awards aimed at strengthening Ethiopia’s broader industrial ecosystem. Authorities also say the initiative is aligned with national efforts to reinforce food sovereignty through stronger agro-industrial linkages. At its core, the expo reflects a broader push to reposition Ethiopia’s manufacturing sector as a driver of economic transformation and global competitiveness.
Egypt’s Approach to Abay Water Sharing Needs Rethinking, Says Analyst
May 1, 2026 3095
Addis Ababa, May 1, 2026 —Ustaz Jamal Bashir, founder of the “Kings of the Abay” YouTube channel, is calling for a serious reassessment of Egypt’s long-standing stance on the #AbayRiver. He argues that current policies fail to recognize the legitimate rights of upstream nations, especially Ethiopia, which contributes nearly 85% of the river’s water. In an exclusive interview with ENA, emal, who is also an advocate for the equitable utilization of the Abay River’s waters, said Egypt’s stance is rooted in outdated perceptions that fail to reflect present realities and the principle of equitable water utilization. “The current approach overlooks Ethiopia’s legitimate right to use its natural resources for development,” he said. He noted that historical agreements such as the 1929 and 1959 Nile treaties between Egypt and Sudan were concluded under colonial conditions without Ethiopia’s participation. According to him, relying on such agreements to limit Ethiopia’s access to fair water use lacks legal and moral justification. Jemal emphasized that Ethiopia’s position on the Abay is based on fair historical and legal grounds. He added that the progress of the Grand Ethiopian Renaissance Dam demonstrates the country’s commitment to achieving development while avoiding harm to downstream nations. “The GERD reflects Ethiopia’s rightful aspiration to utilize its resources responsibly,” he stated. He further stressed that external pressure would not deter Ethiopia’s development efforts but would instead reinforce its commitment to sovereignty and unity. “Ethiopia has the capacity to safeguard its interests and uphold its strategic choices,” he noted. Highlighting the river’s importance, he described the Abay, which originates from Lake Tana, as a critical resource for agriculture and national growth. He further noted that attempts to minimize its significance to Ethiopia are neither accurate nor objective. According to him, Ethiopia follows the principle of fair and equitable utilization of transboundary water resources, balancing its development needs with respect for other countries’ rights. He also called for a shift away from entrenched positions toward constructive dialogue based on mutual benefit. He also warned that instability in Sudan could disrupt regional balance and undermine cooperation among Nile Basin countries. Ethiopia is strengthening its role as a responsible regional actor by advancing development while promoting stability through dialogue and cooperation, he concluded.
Ethiopian Group CEO Says Airlines Will Continue Advancing Ethiopia's Dev't Goals
May 1, 2026 1664
Addis Ababa, May 1, 2026 — Ethiopian Airlines has successfully navigated challenging periods over the past eight decades while continuing to promote global connectivity, advance Ethiopia’s development agenda, boost tourism, and serve as a hub for international institutions, Group CEO of Ethiopian Airlines, Mesfin Tasew, said. Speaking at an event commemorating the airline’s 80th anniversary, the CEO noted that the airline’s current strength is the result of decades of growth and achievement. "What began as a single flight to Cairo has since expanded into a global network of 145 destinations across five continents," he said. According to him, the airline has been honestly serving and helping Ethiopia to become a tourism destination through connecting the country to the world and promoting Ethiopia’s positive image. Ethiopian Airlines has also played a role in positioning Ethiopia as the headquarters of the African Union and other regional and international organizations, Mesfin stated. The CEO revealed that Ethiopian Airlines currently operates 147 modern aircraft, including Boeing 787, Dreamliners and Airbus A350 aircraft. Moreover, the airline has created jobs for more than 21,000 internationally competent Ethiopian professionals and carries over 20 million passengers annually. Furthermore, the airline has earned international recognition for service quality and is building a major new airport intended to serve as a model for Africa—while becoming a source of pride for Ethiopians and Africans alike. "These achievements were made despite major obstacles, including wars, government transitions, and global pandemic," the CEO recalled. During the reform period, Ethiopian Airlines has delivered 74 new aircraft and increased its fleet by 47 percent, and has ordered an additional 117 aircraft to support future expansion. According to Mesfin, passenger numbers have doubled, annual revenue increased by 120 percent, and profits tripled. Employee numbers rose by 70 percent, resulting in 13,541 additional jobs, while passenger totals grew from 9 million to 25 million. The airline also built the Skylight Hotel, a five-star property with 1,000 beds, during the reform period.
From Neglect to Innovation: Arada Park Redefines Urban Living in Addis Ababa
Apr 30, 2026 7261
The story of the newly inaugurated Arada Park is one of profound transformation, a landmark project officially unveiled today in the presence of Prime Minister Abiy Ahmed. What was once a 40-hectare area of neglected, hazardous, and dilapidated housing has been reimagined into a premier multi-purpose urban destination. This project isn’t just a park; it is a masterclass in integrated infrastructure and land-use efficiency. By renovating over 700 existing homes and buildings, we have ensured that development uplifts the community. • A Green Urban Sanctuary Out of the 40-hectare total area, 15 hectares have been dedicated to lush greenery, providing a vital "lung" for the heart of Addis Ababa.   • Connecting the City Mobility is at the core of the design, featuring 5km of asphalt roads, a 6 km pedestrian walkway, and dedicated 5 km tracks for both cycling and running, encouraging a healthier, active lifestyle. • Economic Vitality: The park serves as a commercial hub with 131 business shops, prioritizing displaced traders from Piassa, 7 cafes and restaurants, a supermarket, and a bank branch, ensuring economic sustainability.   • Wellness and Culture Beyond the greenery, the park houses a modern sports arena with a gym and 7 halls, alongside 8 plazas and amphitheatresdesigned for international-standard arts and social events. • Family and Modernity:   Children can explore 4 playgrounds and a unique Miniature City By utilizing innovative multi-level design, placing vibrant commercial shops beneath elegant public plazas, Arada Park maximizes every inch of our precious urban land.
Ethiopian Airlines Praised for Nation-Building, Connectivity in 80 Years Journey
Apr 30, 2026 1407
Ethiopian Airlines is a prestigious institution that has been playing a significant role in nation-building and strengthening Ethiopia’s connectivity with the rest of the world, ministers said during a panel discussion held in connection with the airline’s 80th anniversary. A panel discussion held in connection with the 80th anniversary of the airline was attended by Finance Minister Ahmed Shide, Planning and Development Minister Fitsum Assefa, and National Bank of Ethiopia Governor Eyob Tekalign, along with invited guests. Speaking at the panel, Finance Minister Ahmed Shide described Ethiopian Airlines as a large state-owned commercial company that has delivered outstanding results and sustained success over many years.   He said the airline has contributed to Ethiopia’s political, social, and economic development, while also supporting diplomatic relations and strengthening internal ties. Planning and Development Minister Fitsum Assefa said Ethiopian Airlines serves as a symbol of national pride and a key element of state building. She added that the airline reflects the shared identity of Ethiopians and demonstrates the capabilities and excellence of the aviation sector—not only for Ethiopia, but for Africa as a whole.   The Planning and Development Minister further noted that Ethiopian Airlines plays a major role in trade and job creation, including through a substantial share in services exports. National Bank of Ethiopia Governor Eyob Tekalign said the airline plays a major role in the national economy, infrastructure, exports, and diplomacy. He described Ethiopian Airlines as a foundation for foreign trade in the services sector and emphasized that it continues to invest for the future.
Ethiopia’s Untapped Geological Potential Offers Strong Investment Opportunity: Czech Experts
Apr 30, 2026 1860
Addis Ababa, April 30, 2026 — Ethiopia holds significant untapped geological potential that could unlock major investment opportunities in mining and critical minerals, according to experts from the Czech Geological Survey. In an exclusive interview with ENA, Jan Černík, geologist and international projects manager at the Czech Geological Survey, said “Ethiopia has big and untapped potential. There are suspected resources of various minerals and metals, including tantalum, rare earth elements, tungsten and others.” He added that reliable geological data is essential for attracting investment and enabling Ethiopia to prepare bankable projects for the mining sector. “Geological mapping and data are crucial for future investments in mining,” Černík noted, adding that Ethiopia’s ongoing mining sector reforms provide a strong foundation for further support through European Union funding. According to him, improvements in mining governance, licensing procedures, and mining cadastre systems are helping create a more attractive environment for investors. Moreover, Ethiopia’s broader reform agenda, coupled with improved energy access and stronger geological data systems, places the country in a favorable position to advance its ambitions in the mining sector, the geologist said. “To sum up, Ethiopia is in a good position to achieve its ambitions in the mining sector,” Černík concluded. Czech Geological Survey (CGS) Manager, Petr Mixa, for his part said Ethiopia’s mineral prospects remain largely under explored, particularly in the western and southern parts of the country. He revealed that Czech experts have worked in Ethiopia for nearly 15 years, particularly in southern and southwestern regions, focusing on geological mapping, including the development of detailed geological maps at different scales in partnership with Ethiopian institutions. According to Mixa, only about half of Ethiopia’s territory is currently covered by detailed geological maps, leaving substantial areas with unknown mineral potential. “About 50 percent of Ethiopia is covered by these (geological) maps, but the other 50 percent is not. We do not yet know what is in those areas, but definitely the potential is there,” he added. These unexplored regions may contain not only gold, but also critical raw materials such as rare earth elements, manganese and other strategic minerals increasingly needed for modern industries and green technologies, the Manager stated. Mixa stressed the need for digitalization of geoscientific data, which is critical to attracting investors. Accessible digital systems integrating geological maps, geophysical data, geochemistry, and drill core information are essential for informed investment decisions. The Manager further stated that Ethiopia remains one of the Czech Republic’s priority partners, with ongoing support focused on geological mapping, hydro-geology, and the assessment of geological hazards.
Ethiopia's Institute of Foreign Affairs Emphasizes Growing Role of Diaspora in Africa’s Transformation
Apr 30, 2026 2439
Addis Ababa, April 30, 2026 —Institute of Foreign Affairs (IFA) has underscored the increasing importance of the African diaspora in shaping the continent’s future, calling for stronger engagement to unlock its full potential. Speaking at the African Diaspora Stakeholders’ Forum in Addis Ababa, Deputy Executive Director Mohammedrafi Abaraya emphasized that Africa’s transformation will be driven not only from within the continent, but also by millions of Africans living abroad. Held under the theme “Harnessing Diaspora Potential for Continental Development and Integration,” a two-day forum brought together stakeholders to explore ways of strengthening diaspora contributions across sectors. Mohammedrafi noted that diaspora communities play a vital role through investment, innovation, technology transfer, and knowledge sharing. He added that they also help amplify Africa’s voice and visibility in an increasingly interconnected and multipolar world.   The African diaspora, recognized by the African Union as the continent’s “sixth region”—is estimated at more than 140 million people globally. Their economic impact is significant, with remittance flows exceeding 100 billion US dollars annually in recent years, according to institutions such as the World Bank. In several African countries, remittances surpass foreign direct investment and official development assistance. Beyond financial contributions, diaspora communities are increasingly involved in peacebuilding, humanitarian efforts, governance processes, and cultural diplomacy. However, Mohammedrafi cautioned that their full potential remains underutilized due to structural challenges, including limited policy coordination, institutional bottlenecks, and insufficient engagement platforms. He stressed the need for a more deliberate and strategic approach, highlighting efforts by countries such as Ethiopia to adopt citizen-centered policies aimed at strengthening diaspora participation. According to him, diaspora communities are uniquely positioned to facilitate trade, foster innovation, and promote dialogue, making them key drivers of regional integration across Africa.   He also pointed to the enduring legacy of victory of Battle of Adwa as a symbol of African resilience, unity and dignity, noting its continued influence in reinforcing Pan-African ideals among diaspora communities. Echoing similar views, Fitsum Arega, Director General of the Ethiopian Diaspora Service, highlighted growing interest in diaspora engagement across the continent. He said countries are increasingly looking to diaspora communities as sources of investment, innovation, and strategic partnerships.   “We see this potential every day through remittances, investments, and knowledge exchange, as well as the strong connections people maintain with their countries of origin,” he said. The forum, he added, provides a platform to share experiences, deepen collaboration, and develop more effective approaches to diaspora engagement, both for Ethiopia and the broader African continent. As discussions continue, participants stressed that strengthening diaspora-focused policies and fostering sustained partnerships could significantly advance trade, peacebuilding, governance, and regional integration, positioning the diaspora as a central force in Africa’s long-term development.
Ethiopian News Agency
2023