Addis Ababa, April 23, 2026 (ENA) —Ethiopia has recorded a major milestone in its industrial transformation, substituting imported goods worth 4.85 billion US dollars with locally produced alternatives over the past nine months, according to Industry Minister Melaku Alebel. Presenting the sector’s performance report in the presence of Prime Minister Abiy Ahmed, the minister said the achievement reflects growing momentum toward economic self-reliance and structural reform. A key driver behind this progress is the “Made in Ethiopia” movement—also known as “Ethiopia Tamirt” (Let Ethiopia Produce), which has accelerated domestic manufacturing and rural industrialization. Launched as part of the country’s broader industrialization strategy, the initiative aims to boost local production, enhance export competitiveness, and promote the consumption of Ethiopian-made goods. Implemented by the Ministry of Industry, the program supports manufacturers through policy incentives, technical assistance, and improved market access. As a result, 754 industries have entered production, significantly expanding the nation’s industrial base. Melaku noted that ongoing reforms are delivering measurable results. The manufacturing sector, which previously grew at 4.8 percent, has now surpassed 13 percent, signaling a strong upward shift in productivity, he pointed out. He added that both domestic and foreign investors have played a crucial role in advancing import substitution and export growth. Over the same nine-month period, Ethiopia exported industrial goods valued at 433 million US dollars, reflecting gradual improvements in competitiveness. Increased industrial output has also led to higher energy consumption, an indicator of expanding production capacity. According to the minister, the import substitution effort is easing pressure on foreign currency reserves while helping to reduce the cost of living and stimulate economic recovery. Looking ahead, the government plans to further strengthen the sector by improving access to finance, raw materials, reliable energy, and market linkages. The Made in Ethiopia movement will continue to serve as a cornerstone in promoting rural industrialization and bringing more factories into operation, Minister Melaku underscored. The report highlights Ethiopia’s continued transition from an import-dependent economy to one driven by local production and industrial growth, he noted.

Addis Ababa, April 23, 2026 (ENA) —Prime Minister Abiy Ahmed has been appointed as the African Union Champion for Artificial Intelligence and Digital Health, in recognition of his leadership in advancing digital transformation and emerging technologies across the continent. The announcement, made by the African Union, underscores Ethiopia’s growing role in shaping Africa’s technological future, particularly in artificial intelligence (AI) and innovation-driven development. “Your Excellency’s leadership in promoting digital transformation and emerging technologies has helped position artificial intelligence as a key tool for sovereignty, efficiency, and inclusive growth in Africa.”, the appointment letter said. It further noted that “Your continued advocacy for strategic autonomy and technological empowerment will be instrumental in positioning the continent as a global leader in responsible and equitable AI adoption.” The recognition comes as Ethiopia continues to register notable progress in digitization and artificial intelligence under the prime minister’s leadership. Over the past several years, the country has accelerated the expansion of digital infrastructure, rolled out e-government services, and invested in innovation ecosystems aimed at fostering a knowledge-based economy. A key milestone in Ethiopia’s AI journey was the establishment of Africa’s first Artificial Intelligence Institute in 2020. Initiated by Prime Minister Abiy Ahmed, the institute has since served as a cornerstone for research and development in emerging technologies. In addition, the government is finalizing preparations to launch a dedicated AI university that will strengthen research capacity, talent development, and continental collaboration in advanced technologies. Speaking at the 39th AU Summit earlier this year, Prime Minister Abiy underscored Ethiopia’s ambition to position Africa as a global leader in the age of intelligence. “In 2020, Ethiopia established Africa’s first Artificial Intelligence Institute,” he said, adding that the planned AI university will be “anchored in the Ethiopian philosophy of Medemer (synergy) through purposeful collaboration.” “This institution will unite human values with machine intelligence, local context with global relevance, and scientific rigor with applied impact,” the premier elaborated. Ethiopia’s AI drive is also anchored in the broader Digital Ethiopia 2030 strategy, which integrates key initiatives such as the national digital ID system, Fayda Digital ID, alongside expanding digital payment systems and data exchange platforms to enable efficient and secure service delivery. The country has also prioritized youth-centered digital capacity building through initiatives like the Coders Program, aimed at equipping young Ethiopians with skills required in a rapidly evolving technological landscape. At the 24th COMESA Summit, Prime Minister Abiy emphasized that digitalization remains a cornerstone of Ethiopia’s homegrown economic reform agenda. He noted that leveraging Africa’s vast youth population and aligning national digital strategies with regional integration efforts are critical to unlocking sustainable and inclusive growth. Since assuming office in 2018, the premier has consistently advocated for technological transformation as a driver of economic resilience, industrialization, and continental competitiveness. The latest appointment is expected to further amplify Ethiopia’s role in advancing Africa’s digital agenda, particularly in harnessing artificial intelligence and digital health solutions to address development challenges and enhance service delivery across the continent.

Addis Ababa, April 22, 2026 — Ethiopian Airlines has confirmed an order for six additional Boeing 787-9 Dreamliner aircraft, converting purchase options from its 2023 agreement with Boeing into firm orders. The move reinforces the airline’s long-term expansion strategy, enabling it to strengthen its intercontinental network from Addis Ababa while boosting cargo capacity amid rising global demand for long-haul travel. “Converting the options of six Boeing 787-9 Dreamliner airplanes into a firm order is truly a proud moment for us,” said CEO of Ethiopian Airlines, Mesfin Tasew. “This order reflects our commitment to sustainable growth and operational excellence. By expanding our fleet with advanced aircraft like the 787-9, we continue to enhance passenger comfort while preparing for future opportunities.” Ethiopian Airlines already operates Africa’s largest Dreamliner fleet, deploying its 787-8 and 787-9 aircraft on high-demand routes connecting Africa with Europe, Asia, and North America, as well as key destinations across the continent. “We’re proud that Ethiopian Airlines continues to rely on the 787 Dreamliner as the backbone of its fleet,” said Anbessie Yitbarek, Boeing vice president of Commercial Sales and Marketing for Africa. “These airplanes support the airline’s growth, help open new routes, and deliver an exceptional passenger experience.” Known for its fuel efficiency and operational flexibility, the 787 Dreamliner enables Ethiopian Airlines to serve long-haul routes more efficiently while also supporting cargo transport in high-demand trade corridors. About Ethiopian Airlines Ethiopian Airlines is Africa’s largest airline group and one of the fastest-growing aviation brands globally. The carrier serves more than 145 destinations worldwide and operates a fleet of over 170 modern aircraft, with an average age of approximately seven years. A member of Star Alliance, Ethiopian Airlines has been recognized multiple times by Skytrax as the Best Airline in Africa. About Boeing Boeing is a leading global aerospace company and one of the largest U.S. exporters. The company designs, manufactures, and services commercial airplanes, defense systems, and space technologies for customers in more than 150 countries.

Addis Ababa, April 22, 2026 (ENA) —The Council of Ministers has approved loan agreements, investment promotion and protection agreement as well as bilateral cooperation agreements during its 54th regular session held today. Top on the agenda of the Council of Ministers were two loan agreements of eighty million Euros from the French Development Agency, and one hundred and ten million Euros from the European Investment Bank. The first will be used for the implementation of the National Economic Reform Plan and the second for the improvement of micro-finance in rural areas, according to the Council of Ministers.   Confirming that both loan agreements are in line with the country’s credit management policy, the Council forwarded the draft proclamations to the House of People’s Representatives. Next was discussed the Investment Promotion and Protection Agreement regarding the Urea Fertilizer Manufacturing and Processing Factory in the country. The main objectives of the agreement are to create an enabling environment for lenders to obtain the necessary capital by meeting the strict criteria used by lenders to provide loans for projects in developing countries like Ethiopia, to meet domestic demand by producing fertilizer domestically, to avoid high foreign exchange costs for fertilizer procurement, and to achieve the efforts to become self-sufficient in food grains. The Council approved the signing and implementation of this agreement by the Ministry of Finance. It also discussed the draft proclamation on cyber security of key infrastructures. After enriching the draft proclamation, the Council unanimously referred it to the House of People's Representatives. The Council has also discussed 6 draft bilateral agreements and forwarded them to the House of People's Representatives.   The agreements with Vietnam and Russian Federation regard the exemption of visas for holders of diplomatic or service passports, and the establishment of a joint biological research center, respectively. In addition, 4 air services agreements with Eswatini, Angola, Bangladesh, and Sierra Leone were approved. The agreements allow Ethiopian Airlines to operate passenger and cargo flights to the capitals of the countries under the 3rd and 4th traffic rights, to operate representative airlines in partnership, to operate flights to selected destinations under the 5th traffic right, and to strengthen Ethiopia’s bilateral relations with the countries, it was noted.   Finally, the Council discussed the regulation on the establishment of the Ethiopian Fire and Other Emergency Services. It unanimously decided to publish the regulation in the Federal Gazette and take effect from the date of its publication.

Addis Ababa, April 22, 2026 (ENA) —The Czech Republic is stepping up efforts to strengthen its economic relationship with Ethiopia, with officials highlighting growing opportunities for investment and trade cooperation between the two countries. Speaking at the Ethio–Czech Business Forum held in Addis Ababa, State Secretary at the Czech Ministry of Foreign Affairs Radek Rubeš said Ethiopia presents strong potential for Czech businesses and serves as an increasingly important partner in the region.   He noted that the forum provides a practical platform for companies from both countries to exchange ideas and explore concrete business deals. Rubeš emphasized that cooperation between Ethiopia and the Czech Republic is expanding not only economically, but also at political and multilateral levels. The State Secretary added that Czech companies are already engaged in several priority sectors aligned with Ethiopia’s development agenda, including water supply and sanitation, irrigation, waste management, transport, healthcare, and defense. He further stressed the importance of creating a stable environment based on trust and mutual understanding to encourage investment and support private sector growth in both countries.   On the Ethiopian side, Ambassador Yohannes Fanta, Director General for Economic Diplomacy at the Ministry of Foreign Affairs, described the forum as a reflection of the longstanding friendship between Ethiopia and the Czech Republic. He said it aims to unlock untapped potential in trade and investment, noting that current economic relations remain below their full capacity despite historical ties. He cited recent trade figures showing Czech exports to Ethiopia at approximately 8.59 million US dollars in 2024, while Ethiopian exports to the Czech Republic stood at around 7.77 million US dollars. According to him, these figures highlight the need to elevate economic cooperation to a higher level.   Ambassador Yohannes also pointed to Ethiopia’s ongoing macroeconomic reforms designed to attract foreign investment, improve trade performance, and strengthen the tourism sector. He noted that reforms in the financial sector are addressing key investor concerns, particularly foreign exchange constraints. He further outlined a range of investment incentives offered by the Ethiopian government, including tax exemptions and duty-free imports for machinery, equipment, construction materials, spare parts, raw materials, and vehicles. Key priority sectors for investment include agriculture and agro-processing, textiles and garments, leather and leather products, pharmaceuticals, renewable energy (both grid and off-grid systems), mining, and public–private partnerships.   Concluding his remarks, he called on participants to actively engage, share ideas, and build stronger business networks to further advance economic relations between Ethiopia and the Czech Republic.

Addis Ababa, April 22, 2026 (ENA) —Ethiopia has secured strong backing from U.S. government agencies, leading financial institutions, and major industry players for the landmark Bishoftu International Airport, marking a significant step toward advancing one of Africa’s largest aviation infrastructure projects. The support was confirmed following a high impact financing roadshow in Washington, the Ministry of Finance said, underscoring growing international confidence in Ethiopia’s reform driven economic trajectory. Senior U.S. officials expressed firm confidence in Ethiopia’s push toward a more open, private sector led economy, pointing to improved macroeconomic performance and a promising growth outlook.   The Bishoftu International Airport is positioned as a bankable, high impact investment expected to transform Africa’s connectivity, unlock trade flows, and strengthen Ethiopia’s position as a global aviation and logistics hub, anchoring the continent more firmly within international networks. The project also represents a major Ethiopia-U.S. commercial partnership, designed to deliver mutual value while creating significant opportunities for U.S. companies and financial institutions. It reflects a convergence of strategic interests, commercial potential, and development impact. Officials noted that the airport will serve as a cornerstone for expanded economic cooperation, reinforcing longstanding bilateral ties and advancing shared priorities. Minister of Finance Ahmed Shide said, “The Bishoftu International Airport is a national priority with global impact, designed to unlock trade, investment, and connectivity across Africa and beyond. The strong engagement in Washington underscores confidence in Ethiopia’s economic future.”   Anchored by Ethiopian Airlines, Africa’s leading global carrier, the project is supported by growing passenger and cargo demand. Ethiopian Airlines Chief Executive Officer, Mesfin Tassew said, “Our collaboration with U.S. partners has been central to the Airlines’ global success. This project builds on that foundation, positioning us to meet rising demand and further strengthen Addis Ababa as a leading aviation hub.” Vice President for Finance at the African Development Bank, Hassatou N’Sele, emphasized the project’s continental significance. “This is a bankable, high impact project with strong fundamentals. Bishoftu Airport will drive regional integration, boost competitiveness, and catalyze sustainable growth across Africa,” she said.   Discussions in Washington resulted in concrete progress on financing structures and implementation pathways, providing practical, solution-oriented inputs and accelerating momentum toward execution. Officials said strong U.S. backing, robust private sector interest, and aligned institutional support mark a major milestone in advancing one of Africa’s most ambitious aviation projects.

Addis Ababa, April 22, 2026 (ENA) — The seventh Working Party meeting on Ethiopia’s accession to the World Trade Organization (WTO) opened in Geneva, marking a renewed phase in the country’s long-standing bid to join the global trading system. In his opening remarks, Trade and Regional Integration Minister Kassahun Gofe expressed appreciation to the Chair and members of the WTO for their continued support in advancing Ethiopia’s accession process. Kassahun further emphasized that Ethiopia has made notable progress since the previous meeting in September 2025. According to the minister, the government has submitted more than 226 detailed responses to outstanding questions, refined the draft Working Party report, and incorporated 32 specific commitment provisions. He also announced that Ethiopia has concluded bilateral market access agreements with nine member countries, describing the development as an important step in the negotiation process. Highlighting recent policy changes, the minister stated that Ethiopia is now in a stronger position to integrate into the multilateral trading system, supported by broad macroeconomic reforms aimed at expanding trade and investment opportunities for both domestic and foreign actors. The meeting, which is focusing on remaining substantive issues through continued dialogue, is expected to proceed into the next day.

Addis Ababa, April 22, 2026 (ENA) —An Indian investor, who is currently active in Ethiopia’s agriculture sector, noted that Ethiopia holds immense potential for growth, particularly in agribusiness and export-oriented production. Gud Agro Plc Shareholder, Gajendra Singh Manpura, told ENA that his interest in Ethiopia was shaped by observations from other African markets, including South Africa, Kenya, Tanzania, and Zambia. He said Ethiopia stands out not only as a market in itself, but also for its strategic position for exporting agricultural goods. His company, Gud Agro Plc., is centered on fresh fruits and vegetables, with a primary focus on avocado. According to Manpura, Ethiopia’s location offers advantages because it is close to Europe and the Middle East, while also enabling shipments to India and parts of Asia. The investor added that although challenges remain, one key obstacle in agriculture is moving products efficiently—specifically transporting produce from farms to ports. “I have realized that Ethiopia offers exceptional opportunity (in this regard) —not only as a large market in its own right, but also as a promising base for export growth…It is positioned close to Europe and the Middle East, making it well-suited for businesses focused on reaching global buyers.” The investor also indicated plans to expand into other crops, including bananas, and to explore the commercial potential of fresh vegetables, herbs, and berries such as strawberries and blueberries. Manpura said the project has already invested approximately 500,000 USD and that he plans to triple the investment, raising it to around 1.5 million USD. “We have invested in agriculture, mainly fresh fruits and vegetables. Our motive is to take fresh fruits and vegetables from Ethiopia and export to different part of the world. …We are seriously working. We have invested around 500,000 US dollars, but we have planned to triple the same investment so it will go up to 1,500,000 US dollars.”

Addis Ababa, April 22, 2026 (ENA) —Ethiopia is strengthening its path toward climate-resilient development, demonstrating measurable progress through a comprehensive and integrated national strategy, according to Office of the Prime Minister. By aligning mitigation and adaptation efforts, the country is positioning itself as a regional leader in sustainable growth. Central to this progress is Ethiopia’s ambitious environmental restoration campaign, the Office noted in a social media post. Through initiatives aimed at reducing carbon emissions, curbing deforestation, and expanding forest cover, the country has planted more than 48 billion seedlings under its flagship Green Legacy Initiative. These efforts are complemented by improvements in water management systems and the adoption of climate-smart agriculture, contributing to enhanced food security and stronger rural resilience. Urban development is also undergoing a green transformation. Investments in riverfront rehabilitation, eco-friendly infrastructure, and non-motorized transport systems are reshaping cities and promoting harmony between urban areas and natural ecosystems. At the national level, expanded irrigation using surface and groundwater resources, alongside the introduction of climate-resilient crops and improved livestock systems, is strengthening nutritional security and agricultural sustainability. In the energy sector, Ethiopia continues to expand renewable power generation, reinforcing its role as a key driver of industrial growth and the transition to electric mobility. According to the Office, these efforts are being implemented through strategic national and international frameworks, including long-term low-emission development strategies and climate adaptation plans aligned with the Sustainable Development Goals. Together, they are laying a strong foundation for a greener and more resilient future. Far from being merely a response to climate challenges, Ethiopia’s strategy represents a forward-looking blueprint that integrates sustainability into the core of its development agenda for generations to come.

Addis Ababa, April 21, 2026 (ENA) —Ethiopia’s President Taye Atske Selassie, joined African Union (AU) Commission Chairperson Mahmoud Ali Youssouf this morning in Addis Ababa to address the inaugural Africa–China Entrepreneurs Summit (CAES). The forum brought together business leaders from across Africa and China, alongside Jiang Feng, Ambassador of China to Ethiopia and the African Union, as well as representatives of the China Chamber of Commerce. Speaking at the opening session, President Taye emphasized the need to strengthen innovation hubs and deepen technology co-creation between Africa and China.   He underscored that entrepreneurship, innovation, and research collaboration must sit at the core of Africa’s development agenda. Taye further noted that while governments should establish enabling legal and strategic frameworks, the primary drivers of transformation will be entrepreneurs and innovators working across borders. A key proposal in his remarks was the establishment of joint research and innovation hubs linking African and Chinese expertise. “These centres would serve as a dedicated ecosystem where Chinese expertise meets African creativity and resourcefulness in artificial intelligence, green energy, mobility, and the digital economy,” he said. President Taye stressed that future cooperation must go beyond trade to focus on co-development of technologies tailored to African markets, adding that sustainable partnerships must be grounded in dignity, mutual respect, and shared benefit.   On his part, AU Commission Chairperson Mahmoud Ali Youssouf described Africa as a future engine of global growth, driven by its youthful population and vast untapped potential. He emphasized that trade, private sector dynamism, and entrepreneurship remain central to continental integration and development. Reflecting on more than two decades of cooperation under the Forum on China–Africa Cooperation (FOCAC), he called for deeper collaboration, drawing lessons from China’s agricultural and industrial transformation. The Chairperson further urged increased Chinese investment, the development of joint value chains, and stronger support for youth and women entrepreneurs, including the institutionalization of the China–Africa Entrepreneurship Alliance with measurable outcomes.   The summit concluded with the signing of 12 strategic agreements spanning infrastructure, renewable energy, and digital trade. Organizers described the outcome as a shift from diplomatic dialogue toward implementation-focused economic cooperation. The gathering also reinforced a broader “Made in Africa” industrial vision, positioning value addition, innovation, and technology-driven manufacturing at the center of Africa’s economic future, rather than reliance on raw material exports, ENA learned.

Addis Ababa, April 20, 2026 (ENA) —Minister of Transport and Logistics, Alemu Sime has held discussions with representatives of 40 French business organizations in Ethiopia, focusing on expanding investment opportunities in the country’s transport and logistics sectors. The talks centered on potential areas of collaboration, including the construction of the Bishoftu International Airport, renewable energy transition, digital infrastructure development, and the expansion of logistics corridors. During the meeting, the Minister emphasized ongoing efforts to position Ethiopia as a regional hub for trade and logistics connectivity.   Alemu noted that concrete investment opportunities and partnership frameworks have already been identified to support this ambition. He further highlighted aviation infrastructure, logistics systems, and renewable energy-powered public transport services as key priority areas for investment.   Representatives of the French business delegation described the opportunities in Ethiopia’s transport and logistics sectors as “compelling,” expressing strong interest in aviation, logistics, public transportation, and digital infrastructure expansion.   They also revealed that preparations are underway to import 1,000 electric minibuses to Ethiopia, with plans to commence operations in the near future.  

Addis Ababa, April 21, 2026 (ENA) —Ethiopia and France have reaffirmed their shared commitment to strengthening cooperation to support Ethiopia’s reform agenda, attract investment, and advance sustainable and inclusive growth. The commitment was reached during a meeting between Ethiopia’s Minister of Finance, Ahmed Shide, and senior officials of the French Treasury on the margins of the Spring Meetings in Washington D.C, according to Ministry of Finance. The discussions focused on deepening bilateral development cooperation, enhancing macroeconomic coordination, and maintaining strong momentum on Ethiopia’s comprehensive debt restructuring agenda. Both sides also exchanged views on closer collaboration through the World Bank and the International Monetary Fund in support of Ethiopia’s reform program and long-term economic stability. During the discussion Finance Minister Ahmed Shide expressed appreciation for France’s consistent and constructive engagement, highlighting its pivotal leadership as Co-Chair of the Official Creditor Committee (OCC). He underscored France’s key role in advancing Ethiopia’s debt treatment, including the successful conclusion of the bilateral agreement under the G20 Common Framework, as well as its continued support in ongoing negotiations with private creditors — critical to restoring debt sustainability and unlocking new financing flows.

Addis Ababa, April 21, 2026 (ENA) —Office of the Prime Minister underscored that Ethiopia’s flagship economic reforms are delivering visible, real-world results across the country, according to newly released performance reports covering the past 100 days and nine months. The update highlights six cornerstone initiatives under the Homegrown Economic Reform Agenda, portraying a shift from policy ambition to measurable progress. The environmental program Green Legacy is reported to have pushed national forest coverage to 23.6 precent, while simultaneously boosting farmer incomes, generating green jobs, and improving soil and water conservation. The initiative is also contributing to healthier ecosystems nationwide, it was learned. In agriculture, the National Wheat Development initiative is being credited with strengthening food security and reducing reliance on imports. The program has expanded farming knowledge, supported local industries with raw materials, and created jobs while increasing farmers’ earnings. Similarly, the Bounty of the Basket program reports rising productivity and wider access to nutritious food. Authorities note that small-scale trade is growing, while environmental protection efforts continue to improve. On the digital front, Digital Ethiopia is accelerating modernization. The report points to expanding internet access, rapid growth in mobile payments, and the rollout of digitized legal, financial, and national ID systems—changes that are reducing costs and saving time for citizens. Infrastructure development is also gaining momentum under Urban and Rural Corridors, where investments in urban upgrades and green transport are improving quality of life and strengthening economic links between cities and rural areas. Meanwhile, ‘Made in Ethiopia’ is driving industrial growth, with increased manufacturing capacity, higher value addition, and reduced dependence on imports. The initiative is also helping generate foreign exchange and create new employment opportunities. Overall, the Prime Minister’s Office frames the progress as evidence that Ethiopia’s reform pillars are beginning to translate structural challenges into opportunity—laying the groundwork for a more resilient and self-reliant economy.

Addis Ababa, April 20, 2026 (ENA) —Ethiopia has reached pivotal milestones in building a more competitive, inclusive, and resilient economy, underpinned by structural reform, sectoral transformation, and strengthened global engagement, according to the Office of the Prime Minister. During a 100-day review and nine-month performance report presided over by Prime Minister Abiy Ahmed, the government outlined key achievements realized despite a historically challenging economic environment. The Minister of Planning and Development, Fitsum Assefa, noted that these reforms were designed to address long-standing issues such as weak institutions, low productivity, limited private sector participation, and underperforming state-owned enterprises (SOEs). In response to these challenges, the government implemented a pragmatic reform strategy focused on economic liberalization by opening the economy to competition and advancing "home-grown" policies. This agenda emphasizes sectoral diversification to expand growth across multiple industries, supported by innovative financing mechanisms such as the development of capital markets and the expansion of public-private and public–people partnerships. Furthermore, the strategy has strengthened economic governance through the implementation of coordinated oversight systems designed to ensure faster and more efficient project execution. A central shift has been the elevation of the private sector as a key driver of growth, complemented by strengthened development partnerships and ongoing debt restructuring. At the same time, institutional reforms, social inclusion efforts, and improvements in service delivery have aimed to expand access, enhance quality, and reinforce governance structures. On the global stage, a more proactive, citizen-centred diplomacy has improved regional integration and international positioning. Notable milestones include entry into BRICS+, expanded trade- and investment-focused partnerships, leadership in climate diplomacy, and selection to host COP32, alongside continued efforts to secure sea access. These reforms have translated into strong economic outcomes. Growth currently stands at 9.2 percent, with projections of 10.2 percent, and an average of 7.5 percent sustained over the past eight years. The investment climate has improved significantly, with 2,153 licenses issued (65 percent in manufacturing) while state-owned enterprises have shifted from an 8 billion birr loss to generating 2.1 trillion birr in revenue over nine months and creating approximately 96,000 jobs within just these nine months. Sectoral performance highlights include increased agricultural mechanization, a rise in manufacturing market share from 25 to 46 percent, significant growth in gold exports, expansion of tourism investment and destinations, and rapid digital transformation through 4G and 5G rollout, digital public services, and emerging AI-focused institutions. Progress has also been made in green growth and climate resilience through reforestation, emissions reduction, and climate-smart agriculture. Humanitarian systems have been strengthened through improved reserve capacity, expanded storage infrastructure, enhanced early warning and emergency response, and greater community participation. Overall, the reporting period reflects measurable progress toward building a more competitive, inclusive, and resilient economy underpinned by structural reform, sectoral transformation, and strengthened global engagement, the Office of the Prime Minister asserted.

Addis Ababa, April 20, 2026 (ENA) —Federal Minister for European and International Affairs of Austria, Beate Meinl-Reisinger, stated that Austria–Ethiopia business relations are growing, anchored in over 120 years of diplomatic ties. The EU–Ethiopia Business Forum 2026 officially opened in Addis Ababa under the theme “Unlocking the Global Gateway Potential,” bringing together policymakers, investors, and business leaders to deepen economic cooperation between Europe and Ethiopia. Austrian companies are also participating in the forum. Speaking at the forum, Reisinger said that Austrian companies are increasingly active in Ethiopia, introducing innovative technologies across sectors such as medical manufacturing, 3D printing, weather monitoring systems, and precision agriculture. She expressed that her country is interested in bolstering business relationships between the two countries and that Austrian investors are keen to engage in various sectors in Ethiopia. According to her, the presence of leading Austrian firms participating in the forum underscores this interest. Meinl-Reisinger also pointed to strong collaboration in the science and education sectors, including partnerships with renowned technical institutions, particularly in mining and applied technologies. Underscoring Austria’s strategic direction, she stated that these engagements align with Austria’s new Africa strategy, currently under development in close consultation with African partners. Meinl-Reisinger reaffirmed Austria’s readiness to play an active role in advancing cooperation with Ethiopia, noting that European and Austrian businesses are eager to expand their presence in the country while contributing to its continued economic transformation. In related development, she mentioned that she has engaged with more than 35 African foreign ministers, both on the continent and in Vienna, and convened working meetings with African ambassadors to shape a more inclusive and forward-looking framework. According to the Minister, the new approach marks a shift away from the traditional donor–recipient model toward a mutually beneficial partnership based on investment, trade, and shared growth. She stressed that the modernized framework prioritizes peace and security, economic cooperation, mobility and migration, people-to-people ties, and climate action. Highlighting concrete steps in climate cooperation, Meinl-Reisinger announced ongoing efforts to establish five regional sustainable energy and resilience centers across Africa, supported by initial Austrian funding. She noted that this initiative reflects Austria’s strong position in green technology and its commitment to supporting sustainable development on the continent. The Minister further emphasized that initiatives such as the European Union’s Global Gateway serve as a critical platform for unlocking investment opportunities and strengthening partnerships between European and Ethiopian businesses. She added that these commercial ties are becoming increasingly vital in navigating today’s complex global economic landscape.

Addis Ababa, April 20, 2026 (ENA) —Ethiopia and African Development Bank have agreed to deepen collaboration in key sectors, including energy, infrastructure, agriculture, and climate resilience—areas central to sustaining inclusive growth and job creation. Ethiopia and African Development Bank have agreed to deepen collaboration in key sectors, including energy, infrastructure, agriculture, and climate resilience—areas central to sustaining inclusive growth and job creation. Ethiopia’s Minister of Finance, Ahmed Shide, held high-level talks with Dr. Sidi Ould Tah, President of the African Development Bank, on the margins of the 2026 Spring Meetings of the World Bank Group and IMF, advancing a shared agenda to scale up transformative development cooperation. The discussions underscored the strength of the Ethiopia–AfDB partnership and its critical role in supporting the country’s ongoing economic reform program and long-term development ambitions. Minister Ahmed Shide highlighted Ethiopia’s continued progress in implementing its reform agenda, despite global economic headwinds, and reaffirmed the Government’s commitment to macroeconomic stability, private sector-led growth, and structural transformation. The President commended Ethiopia’s reform momentum and resilience, reiterating the AfDB’s strong support for the country’s development priorities. The meeting also explored opportunities to expand AfDB’s financing and technical support, particularly in catalytic investments that unlock private capital, enhance regional connectivity, and accelerate green and digital transitions. Reaffirming their shared vision, Ethiopia and the AfDB committed to further strengthening their strategic partnership to deliver impactful, scalable solutions that drive sustainable development and economic transformation.

Addis Ababa, April 20, 2026 (ENA) — The European Union (EU) has officially announced the resumption of budgetary support to Ethiopia, reflecting renewed confidence in the nation's reform agenda and paving the way for increased private sector investment. This significant development was highlighted during the opening of the EU–Ethiopia Business Forum 2026, themed “Unlocking the Global Gateway Potential,” held in the capital. During the event, Jozef Síkela, the EU Commissioner for International Partnerships, unveiled a new budget support package exceeding 140 million euros. This funding is strategically aimed at vital sectors including energy, healthcare, connectivity, and business environment reforms, which are deemed essential for fostering sustainable economic growth and attracting private investment. In addition to the budgetary support, the EU is enhancing its investments through the Global Gateway initiative. A notable component of this initiative is a 150 million Euro Digital Economy Package, designed to bolster digital infrastructure, enhance skill development, and strengthen governance systems, with further scaling anticipated in the future. The energy sector will also benefit from the 269 million Euro RISE program, which aims to modernize electricity infrastructure, rehabilitate the Ashegoda Wind Farm, and deploy 2,500 kilometers of fiber optic cable. These efforts are expected to significantly improve energy access and digital connectivity for both businesses and households. Moreover, the European Investment Bank has announced additional financing operations focused on agriculture and food systems, prioritizing support for smallholder farmers and women-led enterprises. This initiative aims to promote inclusive and sustainable growth across Ethiopia. Ethiopia is currently undergoing transformative reforms aimed at enhancing economic stability and growth. The EU's commitment is anticipated to play a crucial role in advancing the country's economic landscape, particularly in sectors critical for its development.

Addis Ababa, April 20, 2026 (ENA) — Ethiopia and JICA have reaffirmed strong commitment to further deepening their long-standing development cooperation in areas of shared priority. The Ethiopian delegation, led by Ahmed Shide, Minister of Finance, held a productive bilateral meeting with Naoki Ando, Senior Vice President of the Japan International Cooperation Agency (JICA), on the sidelines of the 2026 Spring Meetings. Minister Ahmed Shide expressed Ethiopia’s strong appreciation for the longstanding partnership with Japan and JICA, highlighting their sustained support through financing, technical assistance, and capacity building across key sectors, including infrastructure, agriculture, health, and education. The Minister briefed Ando on the continued progress of Ethiopia’s economic reform agenda, underscoring resilience amid global challenges, according to the Ministry of Finance. He also called for enhanced JICA support in priority areas such as aviation, energy access, and road infrastructure. Discussions further covered Ethiopia’s preparations to host COP32 in Addis Ababa in November 2027, with the Minister inviting JICA’s engagement in advancing climate resilience and green development initiatives. Ando reaffirmed JICA’s strong commitment to supporting Ethiopia’s development agenda and deepening cooperation in areas of shared priority.

Addis Ababa, April 20, 2026 (ENA) — Ethiopia’s entry into trading under the continental agreement marks a major milestone in unlocking access to Africa’s single market of 1.4 billion people, Secretary General of the African Continental Free Trade Area, Wamkele Mene, said. The EU–Ethiopia Business Forum 2026 officially opened today in Addis Ababa, spotlighting the theme “Unlocking the Global Gateway Potential.” Addressing the forum, Mene said Ethiopia’s ongoing reforms and entry into trading under AfCFTA mark a historic step that positions the country to tap into a continental market of 1.4 billion people with a combined GDP of 3.4 trillion US dollars. He noted that intra-African trade reached about 220 billion dollars in 2024, driven by manufacturing and services, and emphasized that the AfCFTA provides a stable, rules-based framework for investment and trade at a time of global economic uncertainty. Mene also commended Ethiopia’s reforms in improving the business climate, including strengthening financial systems, customs and investment frameworks, as well as expanding digital payment platforms to integrate small businesses and farmers into the economy.

Addis Ababa, April 20, 2026 (ENA) —Ethiopia has called on European partners to scale up investment and deepen economic cooperation as the EU–Ethiopia Business Forum 2026 officially opened in the capital under the theme “Unlocking the Global Gateway Potential.” Speaking at the opening session, State Minister of Finance Semereta Sewasew said that with a population exceeding 120 million and a young workforce, Ethiopia offers significant opportunities in agriculture, manufacturing, renewable energy, and digital services. She added that the International Monetary Fund projects Ethiopia’s economy to grow by 9.2 percent in 2026. Ethiopia is implementing one of Africa’s most ambitious economic reform programs to build a competitive, private sector-led economy and attract foreign investment, she said.   Semereta further emphasized Ethiopia’s commitment to strengthening its integration into the global economy through the African Continental Free Trade Area and its accession process to the World Trade Organization. She highlighted key reforms, including the liberalization of the foreign exchange regime, the opening of sectors such as telecommunications, finance, and retail, as well as improvements in the ease of doing business through digitalization and regulatory simplification. “These reforms are already delivering tangible results,” the State Minister said, noting improved macroeconomic stability, reduced inflation, rising exports, and rebuilding foreign exchange reserves. She also noted that around 300 European companies are currently operating in the country, reflecting growing investor confidence. She called on European Union institutions and member states to work with Ethiopia in identifying flagship projects under the Global Gateway initiative by the end of 2026 and to make financing mechanisms more accessible to investors. EU Commissioner for International Partnerships Jozef Síkela, for his part, reaffirmed the European Union’s commitment to supporting Ethiopia’s reform agenda through strategic investments. He announced a 269 million Euro RISE program aimed at expanding electricity access, modernizing the national grid, installing 2,500 kilometers of fiber optic infrastructure, and rehabilitating the Ashegoda wind farm. The Commissioner also disclosed a 150 million Euro Digital Economy Package, with plans to scale up funding, as well as new financing from the European Investment Bank targeting agriculture, rural communities, and women entrepreneurs. In addition, he confirmed the resumption of EU budget support to Ethiopia, unlocking more than 140 million Euro for priority sectors including energy, health, connectivity, and business climate reforms. The EU–Ethiopia Business Forum 2026 has brought together over 500 participants, including government officials, private sector leaders, development finance institutions, and civil society organizations from both sides.