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Economy
Ethiopia Seeking Renewable Energy Investment, Stronger Public-Private Partnerships
Oct 15, 2026 136
Addis Ababa, October 15, 2026 (ENA) — Ethiopia is seeking increased investment and stronger public-private partnerships to expand renewable energy use and support agricultural productivity, business growth and improved livelihoods. The ongoing Second Ethiopian Renewable Energy Summit 2026 which opened today focuses on attracting investment, expanding energy access and strengthening the contribution of renewable energy to the country’s economic development. Water and Energy Minister Habtamu Iteffa, through his representative, noted that electric power is essential for economic transformation, industrial development, public services, agricultural productivity and improved living standards. Therefore, Ethiopia needs to expand its national grid while complementing it with decentralized renewable energy solutions, including solar home systems, mini-grids and technologies that enable businesses and communities to use energy productively. “Our objective must be to move from dialogue to investments, from isolated initiatives to scale-up solutions, and from commitments to implementation,” he said. The Minister also underscored the importance of private-sector participation in the energy transition through capital investment, technical expertise, innovation, distribution networks, job creation and local manufacturing. He said expanding the market requires a predictable policy and regulatory environment, access to finance and foreign exchange, quality standards and business models that make renewable energy solutions affordable and sustainable. Agriculture Minister Addisu Arega, through his representative, highlighted the role of renewable energy in improving agricultural production, addressing climate-related challenges and strengthening farmers’ resilience to irregular rainfall and rising production costs. He said solar-powered irrigation can improve farmers’ access to water, reduce dependence on diesel-powered pumps and support crop diversification. Renewable energy can also power cold storage, refrigerated transport and other facilities that help preserve agricultural products and reduce post-harvest losses. Moreover, renewable energy can support agricultural processing, dairy production, rural water supply, veterinary services, digital agriculture and access to agricultural inputs. However, high upfront costs, limited access to affordable finance, gaps in technical skills and challenges in equipment maintenance remain barriers to wider adoption. Addisu emphasized the need for stronger public-private partnerships, technical training, affordable financing and coordinated planning across the agriculture, water and energy sectors to ensure that renewable energy technologies meet the needs of farmers and rural communities. For her part, Ethiopian Solar Energy Development Association (ESEDA) General Manager Yemissirach Sisay said the summit seeks to demonstrate the readiness and capacity of private companies to contribute to Ethiopia’s energy transition and turn the country’s renewable energy potential into practical results. “The private sector is not waiting on the sidelines of national development,” she noted. The General Manager highlighted opportunities in solar-powered water pumps for smallholder farmers, mini-grids for communities without adequate electricity access, clean cooking technologies and sustainable electric mobility. Addressing investment risks, foreign exchange constraints, taxation and financing challenges would help local companies expand from small-scale distribution to larger renewable energy projects. Yemissirach also stressed the importance of cooperation among African renewable energy associations to share experience, improve regulatory coordination, expand regional trade and support the development of a more integrated African energy market. The summit has brought together representatives of the government, renewable energy companies, private-sector investors, financial institutions, development partners and other stakeholders The summit, which runs up to 17 October 2026, provides a platform for collaboration and investment in the renewable energy sector.
State Minister Stresses Need for Empowering Women in Agriculture
Oct 15, 2026 169
Addis Ababa, October 15, 2026 (ENA) — Empowering women in agriculture is crucial to bringing about the desired change and transformation in the sector, Agriculture State Minister Sofia Kassa said. International Women Farmers and Pastoralists Day was marked under the theme: “Empower Women Farmers, Strengthen Food Security, Build a Prosperous Ethiopia” in Addis Ababa today. In her opening remarks, the state minister emphasized that to fully utilize the country's development potential in the agricultural sector, efforts must be strengthened to ensure the direct benefit of women farmers and pastoralists. She noted that empowering women farmers significantly contributes to ensuring food security and building a prosperous Ethiopia. Therefore, Sofia stressed the need to empower women farmers by enhancing financial access, leveraging technology, and ensuring land ownership, among other measures. Efforts will be strengthened to ensure that women benefit equally from digital agricultural technologies, access to climate-resilient seed varieties, and labor-saving tools, the state minister said. Emphasizing that an adequate financial supply tailored to the nature of agriculture must be facilitated, she expressed the government's strong commitment to providing financial access in rural areas, particularly for women farmers and pastoralists. Stating that women across all parts of the country are engaged in agricultural activities ranging from smallholder farming to large-scale investment, Sofia added that women achieve impressive yields through diligent land preparation and cultivation activities. Furthermore, she pointed out that women also possess the capacity to be productive, competitive, and strong leaders despite facing many challenges, highlighting the need to support and empower model women farmers and pastoralists moving forward. As women make a significant contribution to feeding millions of people globally, the state minister said greater attention will be given to enhance women’s participation and benefits in the sector. On the sidelines of the event, 33 water pumps and 150 knapsack sprayers were distributed to model women farmers as part of encouraging female farmers.
EIAR Reports Significant Gains in Teff, Wheat Productivity
Oct 15, 2026 667
Addis Ababa, October 15, 2026 (ENA) — The Ethiopian Institute of Agricultural Research (EIAR) has reported significant gains in teff, wheat and other crop yields, attributing the improvements to research and the development of high yielding varieties aimed at strengthening food security and increasing agricultural production. Fekadu Gurmu, Director of Crop Research at EIAR, told ENA that improved teff varieties developed by the institute can produce more than 30 quintals per hectare, compared with less than 10 quintals per hectare from traditional varieties. He said most wheat varieties currently promoted through government backed initiatives were developed by EIAR, underscoring the institute’s contribution to improving national wheat production and advancing efforts toward self-sufficiency. The institute has also played a key role in expanding irrigated wheat production. According to Fekadu, summer irrigated wheat cultivation was first pioneered and tested on a small scale at EIAR’s Werer Agricultural Research Center before the government supported its wider adoption across the country. To date, EIAR has released approximately 150 bread wheat varieties and 50 durum wheat varieties, expanding the range of improved seeds available to farmers. Research has also contributed to higher maize productivity, with the national average yield reaching 42 to 43 quintals per hectare. Yields of up to 130 quintals per hectare have been recorded in hybrid maize trials and on farm demonstrations, demonstrating the potential of improved varieties and farming practices to increase production. Beyond staple food crops, EIAR’s research supports import substitution and domestic industries. The development of high quality malt barley varieties has helped local breweries source raw materials domestically, reducing reliance on imported supplies. In rice production, the institute has released varieties suited to preparing Injera, while research is continuing to develop varieties better suited for boiling and other consumption preferences. EIAR has also developed nearly 50 coffee varieties that are being introduced to producers, supporting efforts to improve productivity and strengthen the competitiveness of Ethiopia’s coffee sector. Its research activities extend to high value crops, including sesame, haricot beans and soybeans, which are important for export earnings, domestic edible oil production and animal feed. Fekadu said the institute aligns its research priorities with national development strategies, including wheat self-sufficiency, oilseed production expansion and the Green Legacy Initiative. Established nearly six decades ago, EIAR now operates more than 20 agricultural research centers across the country. Through research in crop production, livestock development and natural resource management, the institute continues to support efforts to modernize Ethiopian agriculture, improve farmers’ productivity and promote sustainable economic growth.
Ethiopia Calls for Timely Debt Relief to Unlock Sustainable Growth
Oct 15, 2026 1023
Addis Ababa, October 14, 2026 (ENA)— Governor of National Bank of Ethiopia, Eyob Tekalign has called for timely debt relief, stronger creditor coordination and credible macroeconomic reforms to help countries overcome debt distress and restore sustainable economic growth. Eyob delivered the keynote address at a high-level roundtable titled “Life After Debt: How Can Countries Recover and Grow Post-Crises?” organized by the Finance for Development Lab on the sidelines of the 2026 IMF–World Bank Group Annual Meetings. Drawing on Ethiopia’s experience, the Governor emphasized that resolving debt distress is only the first step toward economic recovery. He stressed the need to translate debt relief into renewed investment, stronger economic resilience and sustainable growth. The governor also underscored the importance of ensuring that debt restructuring is timely and coordinated, enabling countries to restore economic stability and redirect resources toward productive investment and development priorities. Looking beyond immediate debt challenges, Eyob called for a more responsive international financial architecture that enables developing countries to move beyond debt distress and secure sustainable financing for their long-term development. He reaffirmed Ethiopia’s commitment to building a more resilient, competitive and investment-driven economy, highlighting the importance of sustained reforms in strengthening the country’s economic prospects.
Ethiopia Shifts Focus from Debt Relief to Investment at Global Summit
Oct 14, 2026 5338
Addis Ababa, October 14, 2026 (ENA)— Ethiopia is strengthening its international financial partnerships while shifting its focus from debt restructuring to attracting fresh investment capital, Governor of the National Bank of Ethiopia, Eyob Tekalign underscored. Approached by The Pulse of Africa from Bangkok, where he is leading an Ethiopian delegation to 2026 International Monetary Fund (IMF) and World Bank Group Annual Meetings, Eyob said the country’s international economic engagement is increasingly guided by national priorities. He noted that the summit offers Ethiopia a vital platform to deepen economic partnerships, attract foreign investment, and secure development financing on its own terms. The country aims to secure high-value partnerships that reflect its historical standing, market size, and broader economic potential. The strategy builds directly on major breakthroughs in external debt relief. Ethiopia has fully finalized agreements with bilateral creditors and is rapidly concluding negotiation terms with commercial lenders, having already reached an agreement in principle with Eurobond holders. With its debt profile restored, Ethiopia is using the global gathering to pursue additional development financing and showcase its economic reform model. The Governor noted that Ethiopia is actively sharing its practical restructuring experiences with other developing nations navigating similar fiscal challenges. Addressing global partners, Eyob emphasized that Ethiopia’s international engagement remains firmly grounded in its national priorities rooted in Medemer philosophy. He said Medemer (synergy) draws on Ethiopian roots and provides a pragmatic foundation for the country’s development path. “Medemer is something that is excavated from Ethiopian roots, while the starting point is always Ethiopians. We don’t have any other ideology except Ethiopia itself, in a very pragmatic approach to development,” he said. Domestically, the central bank is driving a historic opening of the banking sector to foreign competition after five decades of tight restrictions. The policy aims to inject fresh capital, spur dynamic competition, and introduce modern financial services across the country. Rather than weakening local institutions, the reform encourages domestic banks to boost their capital reserves and operational resilience. Central bank leadership views the financial sector through the lens of telecom expansion, asserting that the market offers vast growth potential for both foreign and domestic operators. Ethiopia is prioritizing incoming applications from regional and pan-African banking institutions that possess deep insights into local market dynamics. The Governor confirmed that several licensing discussions with regional lenders have advanced significantly, with expanded competition expected to take effect this year. Alongside financial sector updates, Ethiopia is highlighting its broader digital transformation, including rapid digital payments adoption and AI expansion. The National Bank maintained that Ethiopia’s evolving relationships with global partners reflect a mature, mutually respectful alliance focused on long-term economic transformation.
Prime Minister Abiy Holds Phone Talks with U.S. Secretary of State Rubio
Oct 14, 2026 5342
Addis Ababa, October 14, 2026 (ENA) —Prime Minister Abiy Ahmed said he held a fruitful telephone conversation with U.S. Secretary of State Marco Rubio on key bilateral, regional, and multilateral issues of mutual interest. “Our discussion is proof of the commitment of both countries to translating the enduring relationship between Ethiopia and the United States into a more strategic and practical partnership,” the Prime Minister wrote on social media channels. He welcomed Washington’s assurance of continued support for Ethiopia, reaffirming the two countries’ shared commitment to advancing bilateral cooperation and addressing regional and multilateral priorities. “I welcome the assurance of continued U.S. support for Ethiopia and our shared commitment to advancing bilateral cooperation and addressing regional and multilateral priorities,” the Premier underscored.
Former Bogotá Mayor Praises Ethiopia’s Urban Development for Promoting Equality, Improving Quality of Life
Oct 14, 2026 2228
Addis Ababa, October 13, 2026 (ENA) — Former Mayor of Bogotá, Capital City of Colombia, Enrique Peñalosa has praised Ethiopia’s urban development initiatives for improving quality of life, promoting social equality and making cities more attractive to residents and tourists. In an exclusive interview with ENA, Peñalosa, who served twice as mayor of Colombia’s capital, highlighted urban development efforts in Addis Ababa and Bishoftu, particularly the expansion of pedestrian walkways, bicycle lanes, parks and illuminated football fields. He said well-designed public spaces help reduce social inequalities by providing people from different economic backgrounds with equal opportunities to enjoy recreational facilities. The differences between rich and poor people are more visible during leisure time, he noted, emphasizing the importance of creating public spaces where everyone can relax and enjoy themselves. Drawing on his experience as an international consultant in urban design and transport, Peñalosa said Ethiopia’s efforts to develop pedestrian friendly infrastructure and recreational facilities were improving urban life. “What they have done in Addis and here, making wide sidewalks, bikeways, parks, football fields with the lighted football fields, all of this improves the quality of life, makes people happier, constructs equality,” he said. He added that such facilities enhance residents’ access to recreation while making Ethiopian cities more appealing to tourists and potential residents. Peñalosa also said Ethiopia’s experience in developing pedestrian friendly urban spaces could offer valuable lessons for cities across Africa and beyond. He stressed that sidewalks, bicycle lanes ,and parks should be protected from vehicle encroachment to ensure that pedestrians, families and other users can enjoy them safely. On climate resilience, he pointed to Ethiopia’s favorable weather conditions as an advantage for encouraging bicycle use. He said cycling consumes less energy, while compact urban development and shorter travel distances can help reduce energy consumption and contribute to efforts to address global warming. “This is very good because it consumes less energy,” he said, referring to bicycle use. Ethiopia has been undertaking urban development projects in Addis Ababa, Bishoftu and other cities, with a focus on improving infrastructure, expanding public spaces ,and enhancing urban mobility. The initiatives include pedestrian walkways, bicycle lanes, parks ,and recreational facilities designed to encourage walking and cycling while improving residents’ quality of life.
IMF Deputy Chief Commends Ethiopia’s Reform Momentum, Reaffirms Support
Oct 14, 2026 3209
Addis Ababa, October 13, 2026 (ENA) —Ethiopia’s commitment to economic reform and its determination to navigate persistent challenges have earned recognition from a senior International Monetary Fund (IMF) official. In a press release sent to ENA, the National Bank of Ethiopia (NBE) said the recognition signals continued engagement between Ethiopia and the IMF as the country advances its economic transformation agenda. Nigel Clarke, Deputy Managing Director of the IMF, praised Ethiopia’s resilience, strength and sustained commitment to advancing macroeconomic reforms during a bilateral meeting with Dr. Eyob Tekalign, Governor of NBE. Clarke commended the country’s resolve to maintain reform momentum while navigating economic challenges, highlighting its continued efforts to advance its macroeconomic agenda. He also reaffirmed the IMF’s commitment to deepening its partnership with Ethiopia and providing continued support for the country’s economic transformation. The meeting underscores the importance of continued cooperation between Ethiopia and the IMF as the country works to strengthen macroeconomic stability, build economic resilience and advance its broader reform objectives. For Ethiopia, sustaining reform momentum will be critical to translating policy changes into tangible economic gains, strengthening investor confidence and laying the foundation for more resilient and inclusive growth, according to the press release. The IMF’s reaffirmation of support provides an important basis for continued engagement as Ethiopia advances its reform agenda and seeks to strengthen the foundations of long-term economic development, ENA learned.
Ethiopia’s Gold Refinery Ushers in New Era of Industrial Transformation
Oct 14, 2026 4629
By Bruno Jomba October 14, 2026 (ENA) Ethiopia is moving to capture more of the wealth beneath its soil, as a newly inaugurated precious metals refinery opens the door to a more value-driven future for the country’s mining industry. Inaugurated by Prime Minister Abiy Ahmed at the Bole Lemi Special Economic Zone in Addis Ababa, the National Precious Metals Refinery marks a significant step in Ethiopia’s ambition to move beyond extracting mineral resources and expand its role in processing, refining and marketing them. For a country whose gold industry is generating growing foreign-exchange earnings, the facility addresses a longstanding gap in the mineral value chain: the limited capacity to refine precious metals domestically to the standards demanded by international markets. The distinction is economically important. Extracting gold generates revenue, but refining it and developing industries around it can create additional opportunities for investment, employment, technological advancement and industrial growth. With the new facility, Ethiopia is seeking to retain a greater share of that value at home while laying the groundwork for a more integrated mining industry. Located in the Bole Lemi Special Economic Zone, the refinery has a planned initial annual processing capacity of more than 600 tonnes of precious metals, with an estimated valuation capacity of about 80 billion US dollars annually. These figures refer to its stated processing and valuation capability, not Ethiopia’s annual gold output or projected export earnings. The project is a joint venture between Ethiopian Investment Holdings (EIH), which holds a 51 percent stake, and Sam Precious Metals, which owns the remaining 49 percent. Beyond the inauguration, the facility raises a broader question for Ethiopia’s economic transformation: how can the country turn its growing mineral wealth into a stronger domestic industrial base? Keeping More of the Gold Economy at Home The real significance of the refinery lies in what happens to gold after it leaves the mine. Gold extracted from the ground often requires testing, smelting and refining before it can be transformed into bullion that meets the specifications of international buyers and financial institutions. These processes create economic value through technical expertise, quality assurance and specialized industrial services. When such facilities are unavailable domestically, producers must rely on processing services elsewhere, allowing other markets and businesses to capture part of the value generated by the mineral. The new refinery gives Ethiopia an opportunity to perform more of these activities within its own borders, potentially reducing dependence on foreign refining services and retaining a greater share of the economic benefits associated with its gold industry. At the inauguration, Prime Minister Abiy Ahmed emphasized the importance of moving beyond the extraction and export of raw materials toward domestic processing and industrial production. That ambition reflects a wider development priority: natural resources should serve not only as sources of immediate revenue but also as foundations for building productive industries, developing technical expertise and expanding economic opportunities. For Ethiopia, refining gold locally could help establish stronger links between mining operations, laboratories, industrial services, manufacturing businesses and international markets. The objective, therefore, is not simply to process a valuable metal. It is to develop a broader economic ecosystem around it. Gold’s Growing Contribution to the Economy The refinery comes as gold assumes an increasingly important role in Ethiopia’s efforts to expand mining revenues and generate foreign currency. According to performance figures presented by Ministry of Mines earlier, Ethiopia produced approximately 44 tonnes of gold during the concluded fiscal year, generating a record 5.65 billion US dollars in foreign-exchange earnings. The figures underscore the growing importance of gold to the national economy and the need to develop the infrastructure required to process, certify and market production efficiently. As output expands, domestic capacity for assaying, refining, secure storage and quality certification becomes increasingly important. International buyers need confidence in the purity, traceability and handling of the gold they purchase. A modern refinery could help connect Ethiopian producers with these requirements, potentially making parts of the process between extraction and sale more efficient. It could also provide a domestic destination for producers seeking professional testing and processing services, helping strengthen the organization of the gold market. However, the scale of the economic benefits will depend on several factors, including the refinery’s operating costs, the amount of gold processed, the quality of its output and the commercial terms offered to producers. Domestic refining capacity alone does not automatically guarantee higher export earnings or greater profitability. Its importance lies in providing infrastructure through which Ethiopia can pursue those gains while developing more expertise and capacity within its own economy. Beyond Gold: Building a Broader Industrial Base The refinery’s potential reaches beyond the immediate business of processing precious metals. A competitive refining industry depends on a network of supporting activities, including laboratory analysis, metallurgy, equipment maintenance, secure logistics, storage and specialized technical services. These requirements can create opportunities for domestic businesses and professionals as the industry develops. Universities and technical institutions could also play a greater role in training chemists, metallurgists, engineers and laboratory specialists, helping build the skills required to sustain modern mineral-processing operations. One particularly promising opportunity lies in the development of Ethiopia’s jewelry and precious-metals manufacturing industries. Access to refined gold of known purity could support businesses seeking to produce jewelry, investment bars and other finished products. Such activities offer opportunities to capture value not only from the metal itself but also from design, craftsmanship, quality assurance, branding and market access. Instead of relying predominantly on the export of a mineral commodity, Ethiopia could gradually expand its participation in the industries that transform that commodity into higher-value products. This transition would require more than a refinery. Downstream businesses would need access to finance, reliable supplies of refined metal, skilled workers, appropriate technology and competitive domestic and international markets. Nevertheless, the new facility provides an important foundation from which such industries could grow. Can Ethiopia Become a Regional Refining Hub? Ethiopia’s geographical position and air transport connections could also create opportunities to serve precious-metals producers beyond its borders. The refinery’s location in the Bole Lemi Special Economic Zone places it within reach of Addis Ababa Bole International Airport and Ethiopian Airlines’ extensive cargo network. These connections could support the secure movement of precious metals and related products, although competitiveness would also depend on logistics costs, security arrangements and regulatory requirements. Across the continent, substantial mineral resources coexist with a persistent challenge: much of the value generated through advanced processing and manufacturing is captured beyond the countries where those resources originate. Expanding domestic and regional processing capacity could help African economies retain more of that value, develop technical capabilities and strengthen industrial cooperation. For Ethiopia, becoming a major regional refining centre would require more than installing modern equipment. The facility would need to establish credibility with international buyers, meet relevant market standards, attract a dependable supply of precious metals and compete effectively with established refining centres. The potential is significant, but realizing it will depend on operational performance, commercial discipline and sustained investment. Technology, Skills and Knowledge Transfer The refinery also offers Ethiopia an opportunity to develop technical expertise that could benefit the wider mining sector. Precious-metals refining involves sophisticated metallurgical processes, accurate laboratory analysis, strict quality controls and secure management of high-value materials. Operating such a facility requires a workforce with specialized skills and the ability to maintain consistent technical standards. Through the joint venture, Ethiopian engineers, chemists, technicians and other professionals could gain experience in modern refining operations and related technologies. The long-term value of that opportunity will depend on the extent to which local employees develop advanced skills, assume technical and managerial responsibilities, and transfer their knowledge to other parts of the economy. Effective knowledge transfer could help Ethiopia build the domestic expertise needed to operate and expand mineral-processing industries rather than remain dependent on external technical support. These capabilities could also support the development of other mineral resources, where testing, processing technology, industrial management and quality assurance are essential to improving productivity and competitiveness. In this sense, the refinery’s contribution could extend beyond the value of the gold it processes. It could also help build the human capital required for a more technologically capable mining industry. From Mineral Wealth to Lasting Economic Value For Ethiopia, the National Precious Metals Refinery represents an important addition to the infrastructure needed to transform mining into a stronger pillar of economic development. The distinction between extracting resources and developing industries around them is fundamental. Extraction brings minerals to the surface; processing, manufacturing and specialized services create further opportunities to generate income, employment and technical capabilities. The refinery provides Ethiopia with a new platform to pursue those opportunities. Its ultimate contribution, however, will depend on how effectively it is integrated into the domestic mining industry and connected to regional and international markets. Reliable supplies of gold, competitive operating costs, internationally accepted quality standards, transparent commercial arrangements and strong local skills development will all be essential to realizing its potential. There is also a broader economic imperative: the benefits of mineral wealth must extend beyond export receipts to support productive investment, local enterprises and sustainable employment. Ethiopia has taken an important step toward capturing more value from its precious metals. The next challenge is to turn that new capacity into a competitive industry—one that strengthens the mining sector, expands domestic expertise and creates opportunities further along the value chain. The measure of the refinery’s success will ultimately be not simply how much gold passes through its facilities, but how much lasting economic value Ethiopia can build around it.
Tana Forum Positions Ethiopia at the Heart of Africa’s Quest for Peace and Security
Oct 14, 2026 7092
By Temesgen Assefa October 14, 2026 (ENA) As Africa grapples with persistent conflicts, geopolitical rivalries and economic vulnerabilities, Ethiopia is preparing to host a high-level continental gathering aimed at advancing African-led solutions to the continent’s peace and security challenges. The 12th Tana High-Level Forum on Security in Africa, scheduled for October 23–25 in Bahir Dar, comes at a critical juncture when the relationship between political stability, economic sovereignty and global power competition is increasingly shaping Africa’s future. Under the theme “Pathways to Peace in Africa: Economic Sovereignty and Geopolitical Transformation,” the forum will bring together political leaders, policymakers, researchers and security experts to explore ways to strengthen continental cooperation and turn shared priorities into practical action. For Ethiopia, hosting the forum represents more than an opportunity to convene influential African voices. It reinforces the country’s contribution to continental diplomacy and provides a platform to advance dialogue on the structural challenges confronting the Horn of Africa and the wider continent. Established in 2012, the Tana Forum has developed into a platform for examining Africa’s security challenges through African perspectives, bringing together diverse stakeholders to explore the causes of conflict and pathways toward sustainable peace. Its central question remains pressing: how can Africa move beyond managing recurring crises to building the political, economic and institutional foundations for lasting stability? African Solutions to African Challenges Across Africa, conflicts rarely emerge in isolation. Political exclusion, weak institutions, competition over resources, economic inequality and unresolved grievances can combine to create conditions in which instability persists long after the immediate outbreak of violence. The consequences extend far beyond battlefields. Conflict displaces communities, disrupts trade, discourages investment, weakens public institutions and diverts resources from essential services and development. In regions already facing climate-related pressures and economic uncertainty, insecurity can further undermine livelihoods and deepen vulnerabilities. Addressing these challenges requires more than military responses or emergency interventions. Sustainable peace depends on preventive diplomacy, inclusive political processes, accountable institutions and economic opportunities that enable communities to participate meaningfully in national development. This is where African ownership becomes particularly important. African countries and regional institutions possess valuable knowledge of the historical grievances, political dynamics and local realities underlying many conflicts. Strengthening their capacity to anticipate crises, mediate disputes and support peacebuilding can help produce responses better suited to the continent’s circumstances. African-led solutions, however, do not require Africa to act alone. International partnerships remain important in providing expertise, investment and diplomatic support. Their effectiveness depends on whether they reinforce African priorities and institutional capacity rather than displace local leadership. By bringing together political leaders, scholars and security practitioners, the Tana Forum offers an opportunity to bridge policy discussions and practical experience, encouraging approaches that address not only the symptoms of insecurity but also its underlying causes. Ethiopia’s Strategic Role in Continental Diplomacy Ethiopia occupies a strategically significant position in the Horn of Africa, a region where political developments, security concerns and economic interests are deeply interconnected. Its hosting of the African Union headquarters in Addis Ababa has also established the country as an important center for continental diplomacy. Against this backdrop, the Tana Forum complements formal diplomatic engagements by providing space for deeper reflection on emerging security trends, regional tensions and the structural conditions shaping peace and stability. Hosting the gathering in Bahir Dar also extends continental dialogue beyond Ethiopia’s political capital, connecting high-level discussions with a city that provides a distinctive setting for exchanges on Africa’s future. For Ethiopia, the forum offers an opportunity to contribute to continental thinking on conflict prevention, regional cooperation and the relationship between security and development. It can also help strengthen engagement among policymakers, researchers and practitioners whose collaboration is essential to addressing complex regional challenges. Yet the significance of hosting an international forum is measured not simply by the prominence of its participants or the breadth of its discussions. Its real value lies in whether the ideas generated influence policies, strengthen partnerships and contribute to tangible progress. Ethiopia’s contribution to continental diplomacy will therefore depend on sustained engagement, constructive dialogue and the ability to connect discussions at platforms such as Tana with broader peacebuilding initiatives. Why Regional Cooperation Matters The Horn of Africa illustrates how closely national security is tied to regional stability. Political tensions, armed conflicts, terrorism, climate-related pressures and economic vulnerabilities can cross borders, creating consequences that no country can effectively manage in isolation. Insecurity in one country can trigger displacement into neighboring states, disrupt commercial routes and undermine regional investment. Disagreements over shared resources and competing strategic interests can also strain relations, making cooperation more difficult precisely when it is most needed. For Ethiopia, regional stability is closely linked to economic development, diplomatic relations and the prospects for deeper integration across the Horn of Africa. Stronger cross-border trade, transport connectivity, infrastructure development and cooperation in managing shared resources can generate economic opportunities while reinforcing mutual interests among neighboring countries. Conversely, prolonged tensions can increase costs, weaken confidence and constrain the region’s development potential. The challenge is to establish mechanisms through which countries can manage disagreements peacefully, prevent local disputes from escalating and identify areas of common interest despite political differences. The Tana Forum provides a platform for examining these possibilities. Through dialogue and the exchange of policy experiences, participants can explore how neighboring states and regional institutions can strengthen preventive diplomacy, improve coordination and develop approaches that address both immediate security threats and their deeper causes. In a region shaped by overlapping national interests and wider geopolitical competition, sustained engagement is not merely a diplomatic preference; it is an essential component of lasting stability. Economic Sovereignty as a Foundation for Peace The 12th Tana Forum’s focus on economic sovereignty highlights an often-overlooked dimension of African security: the ability of countries to build resilient economies and exercise meaningful choices over their development priorities. Across the continent, external debt pressures, limited industrial capacity, dependence on commodity exports and exposure to volatile international markets can constrain governments’ policy options. These vulnerabilities may limit investment in public services, infrastructure and productive sectors, while reducing the resources available to address security challenges. Economic dependence can also narrow a country’s room for maneuver as global powers compete for access to natural resources, markets, infrastructure and strategically important locations. Such competition presents Africa with both opportunities and risks. Foreign investment, technology transfer and international partnerships can support industrialization and economic transformation. However, when external interests overshadow African development priorities, these relationships can intensify rivalries and limit the benefits available to local economies. Economic sovereignty, therefore, should not be understood simply as reducing external dependence. It also involves strengthening domestic productive capacity, mobilizing resources, developing effective institutions, expanding regional markets and negotiating international partnerships that advance long-term development objectives. These priorities have direct implications for peace and security. Where economic opportunities are limited and inequalities persist, social grievances can deepen and political tensions may become more difficult to resolve. By contrast, inclusive economic growth, stronger institutions and improved access to livelihoods can help create conditions more conducive to stability. For Ethiopia and its neighbors, greater cooperation in trade, infrastructure, energy and resource management can strengthen economic resilience and reinforce shared interests in peace. Regional economic integration can also create incentives for dialogue by demonstrating the practical benefits of stability. The forum’s theme consequently points to a broader strategic reality: Africa’s ability to safeguard peace is closely connected to its capacity to shape its economic future and navigate an increasingly competitive international environment. From Dialogue to Measurable Action For all the importance of continental dialogue, Africa’s peace and security agenda continues to face a fundamental challenge: translating policy commitments into results on the ground. High-level gatherings can build trust, generate ideas and establish common priorities. But their impact ultimately depends on implementation, institutional coordination and sustained political commitment. Governments, the African Union, regional organizations, research institutions and other stakeholders all have roles to play in connecting policy discussions with practical responses. Stronger cooperation can improve early warning systems, support mediation efforts, strengthen conflict prevention and encourage evidence-based approaches to peacebuilding. Research institutions can help identify the drivers of instability and assess which interventions are effective. The experiences of communities affected by conflict can also inform policies that respond to local realities rather than relying exclusively on high-level assessments. Equally important is continuity. Recommendations emerging from forums such as Tana need to inform subsequent policy discussions, institutional partnerships and concrete initiatives. Progress should be assessed not only through declarations and commitments but also through improvements in cooperation, conflict prevention and the capacity of institutions to respond to emerging threats. For Ethiopia, helping strengthen these connections would enhance the forum’s contribution to continental diplomacy and support wider African efforts to build sustainable peace. The test of the Bahir Dar gathering will ultimately be whether its discussions help move the continent closer to solutions that can be implemented, sustained and adapted to changing circumstances. Strengthening Africa’s Path to Peace Africa’s peace and security challenges are inseparable from its economic prospects, political institutions and position in a changing global order. Addressing them requires a comprehensive approach that combines preventive diplomacy, inclusive governance, regional cooperation and sustainable development. The 12th Tana High-Level Forum is highly anticipated to provide an opportunity to advance that approach by bringing African perspectives to the center of discussions on the continent’s future. For Ethiopia, hosting the forum reinforces its engagement in continental affairs and creates space to promote cooperation among African partners. For the wider continent, the gathering offers an opportunity to examine how economic sovereignty, strategic partnerships and stronger regional institutions can contribute to a more stable and resilient future. Ultimately, Africa’s pursuit of peace cannot rest on dialogue alone. It requires political will, institutional capacity, economic opportunity and a sustained commitment to resolving disputes through peaceful means. As participants gather in Bahir Dar, the challenge will be to transform a shared commitment to African ownership into practical action—strengthening institutions, deepening regional cooperation and addressing the structural conditions that allow conflicts to persist. The enduring significance of the Tana Forum will lie not simply in the conversations it generates, but in the progress those conversations help make possible: an Africa better equipped to manage its own security challenges, shape its geopolitical future and ensure that peace and development advance together.
House Approves 145.8 million USD Loan for Power Sector Modernization
Oct 13, 2026 9334
Addis Ababa, October 13, 2026 (ENA) —Ethiopia’s House of People's Representatives (HPR) has unanimously approved a 145.8 million USD concessional loan agreement with the International Development Association (IDA) to fund the first phase of the Power Sector Reform, Investment, and Modernization Project. The approval came during the 7th House’s second regular session of its first year, where lawmakers reviewed and passed the draft proclamation ratifying the supplementary financing agreement signed between the Ethiopian government and the IDA. Presenting the agreement to the House, Government Chief Whip Fekadu Tessema stated that the funds will be used to modernize Addis Ababa’s power infrastructure. The key initiatives include expanding the electricity transmission grid, constructing new substations, upgrading existing facilities, and installing underground power lines. Fekadu emphasized that the project will also play a critical role in securing a reliable, modern electricity supply for the 32nd Conference of the Parties to the UN Framework Convention on Climate Change (COP32), which Ethiopia is scheduled to host in 2027. According to the Chief Whip, the loan offers highly favorable concessional terms, including a six-year grace period and a 31-year repayment term, minimizing the financial burden on the government. He added that the financing aligns with Ethiopia’s broader national debt management strategy while fostering sustainable economic growth through a strengthened power grid. Following deliberations, the House unanimously approved the draft proclamation, officially ratifying the additional 145.8 million USD agreement as Proclamation No. 1441/2026.
Ethiopia, France Seek Stronger Economic Cooperation Amid Reform Efforts
Oct 13, 2026 4249
Addis Ababa, October 13, 2026 (ENA) — An Ethiopian delegation led by Governor of the National Bank of Ethiopia (NBE), Eyob Tekalign held talks with Thomas Revial, Assistant Secretary at the French Treasury, on strengthening economic cooperation between the two countries on the sidelines of the 2026 IMF–World Bank Group Annual Meetings in Bangkok, Thailand. The discussions reviewed Ethiopia and France’s longstanding economic partnership, with a focus on progress in Ethiopia’s ongoing macroeconomic reforms and France’s continued engagement in supporting the country’s development priorities. The two sides also explored opportunities to expand cooperation in development financing, debt sustainability, investment, and institutional capacity building, underscoring the importance of a sustained partnership in strengthening economic stability and promoting sustainable growth. The meeting reaffirmed the value of continued dialogue and cooperation between Ethiopia and France in advancing economic reforms, mobilizing development finance, and creating opportunities for mutually beneficial growth, ENA learned.
Ethiopia, UAE Explore Deeper Financial and Banking Cooperation
Oct 13, 2026 3352
Addis Ababa, October 13, 2026 (ENA) —Ethiopia and the United Arab Emirates (UAE) have explored opportunities to deepen financial and banking cooperation, with a focus on strengthening institutional ties and facilitating the exchange of expertise. Governor of the National Bank of Ethiopia (NBE), Eyob Tekalign, held talks with H.E. Khaled Mohamed Balama, Governor of the Central Bank of the UAE and the UAE’s Governor to the International Monetary Fund (IMF), on the sidelines of the 2026 IMF–World Bank Group Annual Meetings in Bangkok, Thailand. The discussions focused on identifying opportunities to enhance cooperation between the two central banks, particularly in financial and banking services and the exchange of institutional expertise. It its press release sent to ENA, CBE said The meeting builds on the existing partnership between the two sides, reinforcing Ethiopia–UAE relations and opening further opportunities for collaboration in the financial sector. The engagement reflects ongoing efforts by both countries to strengthen institutional partnerships and explore avenues for greater cooperation in support of their respective financial sectors.
PM Abiy Stresses Investing in Meteorological Infrastructure, Data Systems Essential for Climate Resilience
Oct 13, 2026 7316
Addis Ababa, October 13, 2026 (ENA) — Prime Minister Abiy Ahmed underscored that strengthening national institutions, upgrading technological capacity, and expanding data infrastructure at the Ethiopia Meteorology Institute are vital steps to enhancing the nation’s climate resilience and supporting key economic sectors. Prime Minister Abiy Ahmed visited the Ethiopia Meteorology Institute, highlighting the long-standing institution's critical role in advancing national development and building climate resilience across the country. Following the visit, the Prime Minister noted that the engagement reaffirmed the necessity of continuous meteorological data collection, scientific research, and technological advancement to build national capacity in anticipating and responding to changing weather patterns and climate conditions. Highlighting the need for targeted institutional development, Prime Minister Abiy stated that strengthening institutions like the Ethiopia Meteorology Institute requires sustained investments in human capacity, modern technologies, and data infrastructure. He noted that these strategic investments are critical to improving the essential services on which key national sectors—including agriculture, water resource management, public health, aviation, and disaster risk management—heavily depend. The Prime Minister emphasized the crucial importance of early warning systems, noting their vital role in helping the nation anticipate risks, identify areas where interventions are most needed, and engage in a timely and effective manner. Reliable meteorological data, when translated into actionable information, saves lives, protects livelihoods, and supports better decision-making across all levels of governance. Prime Minister Abiy further observed that effective meteorological work extends far beyond satellite observation. He pointed out that it relies fundamentally on a robust, nationwide network of data collection stations and data centers where information is gathered, processed, and analyzed to inform timely, life-saving action.
Ethiopia’s People-Centered Urban Transformation Offers Lessons for African Cities: CEO
Oct 13, 2026 2928
Addis Ababa, October 13, 2026 (ENA) — Ethiopia’s people-centered urban transformation is improving living conditions, creating business opportunities and offering valuable lessons for cities across Africa, Ibrahima Guimba-Saidou, CEO of the Partnership for Digital Access in Africa, has said. In an exclusive interview with ENA, Guimba-Saidou, who is also an adviser to the African Mayoral Leadership Initiative (AMALI) Program, expressed surprise at the scale of Ethiopia’s urban transformation. “I really did not expect to see a fraction of what I’ve seen so far,” he said. Guimba-Saidou said the most impressive aspect of Ethiopia’s urban development was its focus on people and improving their living conditions. “The first thing that caught my attention is that all this transformation is people-centric. It is really done to improve the living conditions of the citizens,” he said. He stressed that infrastructure development must directly benefit citizens through improved living conditions, access to services and economic opportunities. Highlighting a site he visited that had previously been a slum, Guimba-Saidou said the redevelopment had enabled some residents to move into social housing, while shops built in the area were rented to people originally from the community, allowing them to benefit economically from the transformation. He described the approach as comprehensive and people-centered, noting that it combines improved infrastructure with opportunities for local residents to participate in and benefit from development. Guimba-Saidou also emphasized the importance of making cities accessible to people across different income groups, saying urban planning should allow even low-income residents to live in cities and benefit from the services and opportunities they offer. He said residents’ enthusiasm for newly completed projects and their knowledge of future development plans showed that people were connected to the transformation and could see how their cities were progressing. Calling on African city leaders to visit Ethiopia and establish partnerships to exchange experiences, Guimba-Saidou said cities across the continent could learn from the country’s urban planning and development efforts, including both its achievements and its challenges. “They need to come and see, because if you tell them, they won’t believe it. So they need to come and see,” he said, urging more African city leaders to observe Ethiopia’s urban transformation firsthand. He particularly highlighted green urban spaces, pedestrian-friendly infrastructure and environmentally friendly planning as important lessons for other African cities. Guimba-Saidou also stressed that green infrastructure can encourage people to protect nature, adding that communities need the skills and capacity to maintain green spaces and preserve the environment. He said direct visits and partnerships could help African cities identify approaches from Ethiopia’s experience that could be adapted to their own urban development needs.
Ethiopia-Russia Agribusiness Ties Poised to Boost Technology Transfer, Food Security
Oct 13, 2026 3909
Addis Ababa, October 13, 2026 (ENA) — Strengthening agribusiness cooperation between Ethiopia and Russia could accelerate technology transfer, boost agricultural productivity, enhance food security, and unlock new investment opportunities, stakeholders said during a roundtable discussion hosted by ENA. Russian Trade Representative to Ethiopia Yaroslav Tarasyuk highlighted that Ethiopia has emerged as one of Russia’s top 10 trading partners in Africa. Tarasyuk noted significant momentum in bilateral trade through 2025, driven by a fourfold increase in Russian exports to Ethiopia and a doubling of Ethiopian exports to Russia. Ethiopia exported 18,000 tons of green coffee valued at 123 million USD to Russia, alongside flowers, fruits, vegetables, avocados, herbs, and other agricultural products. Russia, meanwhile, supplies Ethiopia with key commodities, including mineral fertilizers and sunflower oil. Tarasyuk stressed the need to expand cooperation beyond conventional trade to include joint investments, technology transfer, and local production of agricultural machinery and inputs. He affirmed that Russia is ready to share advanced agricultural technologies and support the development of Ethiopia’s manufacturing capacity. He identified sunflower cultivation, poultry production, and dairy development as promising areas for bilateral cooperation, noting that expanding domestic sunflower production could help Ethiopia reduce its reliance on imported edible oils. Weyssa Garedew, Crop Commercialization Program Director at the Agricultural Transformation Institute, noted that agriculture remains a central pillar of Ethiopia’s economy. The sector contributes approximately 30 to 40 percent of gross domestic product, supports the livelihoods of around 79 million people, and accounts for about 80 percent of exports. However, Garedew pointed out that population growth, climate change, and limited access to inputs continue to constrain productivity. He emphasized the critical need for reliable fertilizer supplies, mechanization, agrochemicals, and modern technologies to transform the sector. He added that stronger cooperation with Russia could facilitate technology transfer, build local capacity, and introduce solutions tailored to Ethiopia’s agricultural conditions. Furthermore, plans are underway to establish approximately 50 agribusiness companies to accelerate commercialization, boost agro-processing, and improve market access for farmers. Meanwhile, Habtamu Million, Country Head of Promising International Trading Company, emphasized that expanding domestic processing of agricultural commodities is essential for improving food security, creating jobs, and facilitating technology transfer. He noted that Russia’s expertise in grain production, storage, transportation, and processing could significantly strengthen Ethiopia’s food-processing industry. His company is currently exploring opportunities in grain milling and edible-oil extraction to increase domestic supply and generate higher economic value. Habtamu also stressed the need to upgrade processing facilities, product quality, and packaging to make Ethiopian agricultural exports more competitive internationally. Dareskedar Taye, Senior Lead Researcher at Institute of Foreign Affairs, underscored the key role the diaspora plays in bridging Ethiopian and Russian businesses. He noted that Africans living in Russia can leverage their understanding of both markets to drive investment, technology transfer, and commercial partnerships. Dareskedar emphasized the need for improved investment conditions, streamlined administrative procedures, and stronger institutional links to maximize this potential. Tsedeke Abate, former Director General of the Ethiopian Institute of Agricultural Research, stressed the urgency of prioritizing productivity, diversification, value addition, and research to meet the needs of Ethiopia’s rapidly growing population. He cautioned that the population is projected to reach 205 million to 210 million by 2050, demanding a substantial increase in food production. Tsedeke noted that Ethiopia spent approximately 2.6 billion USD on food imports in 2023 alone, including 684 million USD on cooking oil. Expanding domestic production and processing, he argued, is vital to reducing import dependency and raising export value. He further emphasized that international partnerships must be grounded in mutual equality, with Ethiopia and other African nations taking the lead in defining their own agricultural agendas. Stronger ties with Russia could bolster fertilizer supplies, advance agricultural research, and support training institutions. The stakeholders agreed that deepening Ethiopia-Russia agribusiness cooperation will increase agricultural productivity, expand domestic processing, improve food security, and open new avenues for investment and technology transfer.
Ethiopia, IMF Explore Stronger Support for Fiscal and Monetary Reforms
Oct 13, 2026 2595
Addis Ababa, October 13, 2026 (ENA) — Ethiopia’s delegation has held separate bilateral meetings with the International Monetary Fund’s (IMF) Fiscal Affairs Department and Monetary and Capital Markets Department (MCM) to strengthen institutional capacity and advance the country’s ongoing economic reform agenda. The discussions took place on the sidelines of the 2026 IMF–World Bank Group Annual Meetings in Bangkok, Thailand. Talks with the IMF’s Fiscal Affairs Department focused on building the capacity of Ethiopia’s Ministry of Finance, reviewing ongoing technical assistance and identifying opportunities for additional support aligned with the Ministry’s reform priorities. In a separate meeting with the Monetary and Capital Markets Department, the delegation discussed strengthening the institutional capacity of the National Bank of Ethiopia (NBE), reviewing ongoing IMF technical assistance and exploring further support to advance the central bank’s reform agenda. The engagements underscore Ethiopia’s efforts to deepen cooperation with the IMF, enhance the capacity of key economic institutions and reinforce ongoing fiscal and monetary reforms, according to the Central Bank of Ethiopia.
Ethiopia, IMF Discuss Strengthening Economic Partnership and Reforms
Oct 12, 2026 5099
Addis Ababa, October 12, 2026 (ENA) —Governor of the National Bank of Ethiopia (NBE) Eyob Tekalign has held talks with Zeine Zeidane, Director of the African Department at the International Monetary Fund (IMF), on strengthening macroeconomic stability and advancing sustainable and inclusive economic growth in Ethiopia. The bilateral meeting took place on the sidelines of the 2026 IMF–World Bank Group Annual Meetings in Bangkok, providing an opportunity to review Ethiopia’s macroeconomic reform agenda and explore ways to further strengthen cooperation with the international financial institution. In its press release sent to ENA, NBE noted that the discussions focused on progress in implementing Ethiopia’s economic reforms, recent economic developments and priorities for sustaining the reform momentum. The two sides also exchanged perspectives on strengthening macroeconomic stability and creating favorable conditions for sustainable and inclusive growth. The engagement underscores Ethiopia’s continued dialogue with the IMF as the country advances its macroeconomic reform efforts and seeks to reinforce economic stability and long-term development prospects, it was learned.
Ethiopia -World Bank Discuss New Partnership Framework
Oct 12, 2026 3673
Addis Ababa, October 12, 2026 (ENA) —The Ethiopian delegation met with Dr. Ndiamé Diop, World Bank Vice President, to review the strong partnership between Ethiopia and the World Bank and to set priorities for the next phase of cooperation. According to the social media post by the National Bank of Ethiopia, Discussions centered on the new Country Partnership Framework. Priority areas included sustaining macroeconomic stability, growing a competitive private sector and exports, modernizing agriculture with climate-smart value chains, expanding sustainable infrastructure and regional energy integration, and strengthening human development and social protection. The delegation also sought continued technical support for COP32 preparations and faster implementation across the portfolio. Both sides reaffirmed their commitment to working closely together to deliver tangible results for the Ethiopian people.
Ethiopia’s Economic Diplomacy Takes Center Stage at 2026 IMF–World Bank Meetings
Oct 12, 2026 4165
Addis Ababa, October 12, 2026 (ENA) — An Ethiopian delegation led by National Bank of Ethiopia (NBE), Governor Dr. Eyob Tekalign has arrived in Bangkok, Thailand, to participate in the 2026 Annual Meetings of the International Monetary Fund and the World Bank Group, opening opportunities to advance Ethiopia’s economic priorities and strengthen international development partnerships. The delegation, which includes State Minister of Finance Tiguist Fisseha, has begun its engagements at the high-level gathering, bringing Ethiopia’s economic priorities to a global platform for dialogue with international financial institutions, development partners and policymakers. In its press release sent to ENA, NBE said Annual Meetings serve as a key forum for discussing the global economic outlook, financial stability, development financing and policy responses to emerging economic challenges. They also provide an opportunity for participating countries to exchange experiences, explore areas of cooperation and mobilize support for sustainable economic development. For Ethiopia, the meetings offer an important opportunity to deepen engagement with international financial institutions, reinforce development partnerships and exchange perspectives on global economic trends affecting national and regional economies. The Ethiopian delegation’s participation comes amid the country’s continued efforts to advance economic transformation, strengthen macroeconomic stability and expand international cooperation in support of its development ambitions. Through its engagements in Bangkok, Ethiopia seeks to strengthen dialogue with global financial and development partners while positioning its economic priorities within broader discussions on international economic cooperation and sustainable growth, it was learned.