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Economy
U.S. Banker Sees Strong Business Prospects, Significant Growth Potential in Ethiopia
Nov 11, 2026 620
Addis Ababa, November 11, 2026 (ENA)— Chairman of the American Bankers Association (ABA) and Detroit-based First Independence Bank Chairman and CEO, Kenneth Kelly hailed Ethiopia's rising potential to attract foreign capital and financial sector transformation. Speaking at a financial sector engagement in Addis Ababa today, Kelly said Ethiopia's evolving business environment and decision to open its banking sector to foreign investment offer significant opportunities for international investors and financial institutions. Held under the theme: “The Next Bank May Not Look Like a Bank: Digital Payments, Financial Inclusion, Bank-Fintech Partnerships, and AI,” the discussion included representatives of fintech companies, microfinance institutions, and telecommunications operators in Ethiopia. Speaking at the occasion, Kelly said the engagement was intended to share experiences from the United States banking sector and explore ways to unlock Ethiopia's capital potential. He described Ethiopia's business environment as positive, citing the country's demographic potential and emerging investment opportunities. The business environment here is very positive, Kelly said. "I've looked at the demographics here in Ethiopia, and there's a lot of upside potential. For most economies, it's vital to ensure access to capital starts with small businesses to help drive broader economic growth." Kelly emphasized the importance of expanding access to finance, particularly for small businesses, noting that facilitating capital access for small enterprises is essential to stimulating economic growth. He also noted that Ethiopia's decision to open its banking sector to foreign investment presents new opportunities, while stressing the importance of establishing the necessary foundations to attract and realize investment. Drawing on the American experience, Kelly highlighted the role of specialized lending, microfinance, and small-business financing programs, including support provided through the US Small Business Administration, in helping enterprises access capital and grow. On his part, US Embassy Public Diplomacy Officer in Ethiopia, Jonathan Koehler, said the country's financial sector has been undergoing a significant period of transformation. He noted that the opening of the banking sector to foreign investment, ongoing regulatory reforms, the expansion of digital financial services, and the growing roles of fintech companies and microfinance institutions are creating new opportunities to strengthen competition, broaden financial inclusion, attract investment, and promote economic growth. Koehler described the engagement as timely, emphasizing that the future of financial services extends beyond traditional banking institutions, with fintech companies, microfinance institutions, and telecommunications operators increasingly shaping how individuals and businesses access financial services. He also highlighted the extensive US experience in developing a diversified financial system, promoting innovation, supporting entrepreneurship, and expanding access to finance. Although financial systems operate within different institutional and regulatory frameworks, Koehler said exchanging experiences and lessons could help identify practical approaches relevant to Ethiopia's evolving financial landscape.
Ethiopia Venture Summit, GEW Open Regional, Global Business Partnership to Startups
Nov 11, 2026 748
Addis Ababa, November 11, 2026 (ENA)— Head of communication and partnership at Entrepreneurship Development Institute (EDI) Emebet Techane said Ethiopia Venture Summit, and Global Entrepreneurship Week (GEW) Creates opportunity for startups and various businesses to connect Reginal and global business. The two events officially kicked off in Addis Ababa today, bringing together entrepreneurs, investors, business leaders and development partners to strengthen Ethiopia’s entrepreneurship ecosystem and promote business growth. Speaking at the opening ceremony, EDI Head of Communications and Partnerships Emebet Techane said the Ethiopia Venture Summit focuses on connecting startups with regional and international investors, while GEW provides a broader platform for promoting innovation, entrepreneurship and business collaboration. “Global Entrepreneurship Week is more than just an event; it's a global movement celebrating the thinkers, doers, and innovators who turn ideas into reality,” she said. She noted that the events would provide opportunities for participants to engage in high-impact discussions, establish strategic partnerships and explore new sources of capital and business growth. “Over the coming days, we will hear from inspiring founders, engage in high-impact discussions, build strategic partnerships, and explore new capital and growth opportunities,” Emebet added. She further emphasized that the platforms would enable startups and established businesses to collaborate and build connections with regional and international business communities. GEW Ethiopia 2026 will run from November 11 to 30, featuring panel discussions, workshops, innovation challenges and networking sessions, organized in collaboration with the Entrepreneurship Development Institute. Mastercard Foundation Country Director in Ethiopia, Mefthe Tadesse, said entrepreneurship is an important pathway to creating dignified and fulfilling employment opportunities for young people. Through its Young Africa Works strategy, the Foundation aims to enable 30 million young people across Africa to access dignified and fulfilling work by 2030, with women accounting for 70 percent of the target. Ethiopia accounts for 10 million of the overall targets, she said. “Numbers alone are not our measure of success. What matters is whether young people can build livelihoods with dignity, whether entrepreneurs can move from survival to sustainability and growth, and whether growth creates opportunities for others,” she stated. Mefthe stressed the importance of ensuring that young people, particularly women, persons with disabilities, refugees and displaced people, have equitable access to entrepreneurship opportunities. Young people outside major urban centers, including Addis Ababa, should also have access to the networks, finance, markets and technologies needed to expand their businesses, she added. The Mastercard Foundation remains committed to working with Ethiopia's young people, government, private sector and development partners to strengthen the country's entrepreneurship ecosystem, she affirmed. Co-CEO and Co-Founder of Dream VC, Cindy Ai, also said ongoing reforms in Ethiopia's economy, foreign exchange system, monetary policy, financial services and capital markets are creating new opportunities for businesses. She cited the establishment of the Ethiopian Securities Exchange and the development of startup policy frameworks as important components of broader efforts to create new pathways for businesses to expand and access capital. The reforms are opening up opportunities for entrepreneurs to grow their businesses and tap into emerging sources of investment, Ai added.
PM Abiy Calls for Predictable Climate Finance, Early Action to Protect Vulnerable Communities
Nov 11, 2026 1849
Addis Ababa, November 11, 2026 (ENA)— Prime Minister Abiy Ahmed called for predictable climate finance that reaches vulnerable communities before disasters strike. The Prime Minister further urged the international community to translate climate commitments into timely, accessible and affordable support. Addressing the opening of the 31st United Nations Climate Change Conference (COP31) in Türkiye’s Mediterranean city of Antalya, PM Abiy underscored that climate action is not merely an environmental concern for Ethiopia but a fundamental part of its economic policy and development strategy. “In Ethiopia, climate action is economic policy,” he said, highlighting how recurring El Niño-related droughts and floods threaten agricultural production, displace families and prolong recovery, even after rainfall returns and floodwaters recede. He stressed that Ethiopia is strengthening community-level preparedness and working with local governments to anticipate climate risks and protect livelihoods before disasters occur. Highlighting the country's broader climate vulnerability, the Premier noted that more than 90 percent of Ethiopia's electricity comes from hydropower, making rainfall patterns critical not only to domestic energy security but also to electricity supplies to neighboring countries. He also warned that rising temperatures and changing rainfall patterns threaten the forests and agricultural landscapes that sustain Ethiopia's globally renowned Arabica coffee. The Prime Minister said Ethiopia's homegrown philosophy of Medemer guides its climate response by bringing communities, institutions and resources together around shared development objectives. Under the Green Legacy Initiative, millions of Ethiopians participate in annual tree-planting campaigns, with more than 56 billion seedlings planted to date, contributing to land restoration, forest expansion, job creation and improved livelihoods. “Planting is now a family habit,” he said, describing the initiative as a growing culture of environmental stewardship and responsibility toward future generations. Ethiopia is also extending its environmental efforts into urban areas through flood protection measures, river rehabilitation and the development of green public spaces, including parks and walkways along riverbanks. On the energy front, PM Abiy highlighted the country's investments in wind, solar and geothermal power, alongside plans to explore nuclear energy, as part of a long-term strategy to diversify electricity sources and reduce economic vulnerability during dry seasons. He further emphasized the growing role of technology in climate resilience, noting that Ethiopia is using satellite data to monitor environmental conditions and artificial intelligence to improve weather forecasting and provide farmers with earlier warnings of extreme weather events. The country's Fayda digital identification (ID) system is also helping strengthen the delivery of support to vulnerable households. However, the Prime Minister stressed that early warnings must be backed by financing that enables communities to take timely protective measures. “Funding should be agreed in advance. It can then move at the speed of our forecasters, while there is still time to save lives,” he said. Turning to the global climate financing gap, Abiy called for stronger coordination between climate, development, trade and financial institutions, arguing that commitments made in international climate negotiations must be reflected in actual financing decisions. He noted that developing countries spend nearly one trillion US dollars annually on public debt interest, significantly constraining their capacity to invest in climate resilience, infrastructure and essential social services. Referring to the financing discussions in Sevilla, he stressed that high borrowing costs undermine developing countries' ability to respond to climate challenges, calling for multilateral financial institutions to make financing more affordable. The Prime Minister also urged faster emissions reductions, warning that the growing cost of responding to climate-related damage leaves fewer resources available for education, healthcare and opportunities for young people. Highlighting Ethiopia's contribution to the global energy transition, he said the country has banned imports of petrol- and diesel-powered vehicles as it accelerates the shift toward electric mobility. He called on countries with the greatest historical responsibility for emissions and the financial capacity to act to lead with deeper emissions reductions during this decade. Looking ahead to Ethiopia's COP32 Presidency, Prime Minister Abiy said early action and predictable climate financing would be central to the country's priorities, particularly ensuring that resources are released when early warnings are issued and reach the most climate-vulnerable communities first. He urged countries to make their climate finance pledges clear and measurable, setting out three essential commitments: how much funding will be provided, when it will be delivered and under what terms. Such clarity, he said, would enable governments to plan their budgets, investors to make commitments and communities to prepare for climate risks. Ethiopia, he added, will work closely with the COP31 Presidency to ensure a successful outcome in Türkiye and looks forward to welcoming the international community to Addis Ababa for COP32 in 2027. Concluding his remarks, the Prime Minister invoked the vulnerability of farmers to increasingly unpredictable weather patterns, delivering a powerful appeal for timely international solidarity. “Our farmers once trusted the seasons to arrive on time. Let us make sure our support does,” he said.
Ethiopian, Norwegian Leaders Vow to Explore Green Investment, Renewable Energy Cooperation
Nov 11, 2026 1248
Addis Ababa, November 11, 2026 (ENA)— Prime Minister Abiy Ahmed held talks with Norwegian Prime Minister Jonas Gahr Støre on expanding bilateral cooperation, with particular emphasis on green development, renewable energy investment and Norway’s support for Ethiopia’s upcoming COP32 Presidency. The meeting took place alongside the COP31 Leaders’ Summit, where the two leaders explored opportunities to strengthen cooperation under Ethiopia’s Green Legacy Initiative and encourage Norwegian investment in the country’s renewable energy sector. Their discussions also covered broader bilateral relations and developments in the regional and international landscape, with both sides expressing interest in advancing practical areas of cooperation and deepening their partnership. The engagement highlights Ethiopia’s efforts to mobilize international partnerships, attract green investment and strengthen global cooperation as it prepares to host COP32 in Addis Ababa in November 2027.
Prime Minister Abiy Holds High-Level Talks with Finnish President Stubb
Nov 11, 2026 1270
Addis Ababa, November 11, 2026 (ENA)— Prime Minister Abiy Ahmed met with the President of Finland, Alexander Stubb, to discuss strengthening bilateral ties and coordinating on critical international climate agendas. The meeting took place ahead of the COP31 Leaders’ Summit, serving as a follow-up to the dialogue the two leaders initiated during their previous encounter on the sidelines of the G20 Summit. Prime Minister wrote on X page that the discussion centered on a broad range of topics, including global peace and security developments as well as regional dynamics. The leaders reviewed the current international landscape and exchanged views on how to address shared challenges through diplomatic cooperation. A significant portion of the conversation was dedicated to climate diplomacy, with specific focus on Finland’s support for Ethiopia’s upcoming COP32 Presidency. Both leaders emphasized the importance of this transition and expressed their commitment to advancing areas of shared understanding through continued and consistent engagement. The Prime Minister noted that the meeting was an essential step in maintaining the momentum of the partnership between Ethiopia and Finland, ensuring that both nations remain closely aligned on matters of mutual interest as they navigate complex global issues.
Tanzanian Delegation Interested in Ethiopia’s Agricultural Commodity Standards Practice
Nov 11, 2026 736
Addis Ababa, November 11, 2026 (ENA)— Tanzania’s Capital Markets Tribunal Chairperson, Ntemi Nimilwa Kilekamajenga, has expressed interest in Ethiopia’s experience in ensuring that agricultural commodities meet international market standards, citing the Ethiopian Commodity Exchange’s quality assessment practices and specialized academy as valuable institutional lessons. The Tanzanian delegation head told ENA that the delegation was particularly impressed by the Commodity Exchange’s extensive range of traded agricultural products and the academy which plays an important role in ensuring the quality of agricultural commodities destined for export. He noted that Ethiopia trades a wider range of agricultural products than Tanzania, citing maize, which is not currently among the commodities traded through Tanzania’s commodity exchange, as one example. The delegation head identified the Ethiopian experience as an important lesson, particularly the need to consider expanding the range of agricultural products traded through Tanzania’s commodity exchange. Kilekamajenga said the academy established by the Ethiopian Commodity Exchange was a notable practice that a Tanzanian commodity exchange staff should visit Ethiopia and learn how the institution ensures exported agricultural products meet internationally required quality standards. He stated that Tanzania’s Ministry of Finance accompanying the delegation had also developed an interest in exploring ways to facilitate such a learning visit upon their return. The delegation also gained firsthand insight into how the exchange applies its quality assurance system, particularly in assessing coffee destined for international markets, Eliad E. Mndeme, a Tanzanian lawyer and member of the delegation, said. He said the delegation was taken through the coffee assessment process, which involves evaluating its taste, aroma and preparation; and also had an opportunity to participate in testing the coffee. Mndeme said the quality assurance mechanism gives international buyers confidence that coffee traded through the exchange meets the required standards. He also highlighted the financial benefits of the system, explaining that farmers who obtain quality certificates from the exchange can use them to secure bank loans as the certificates serve as tradable.
Prime Minister Abiy, Turkish President Discuss Stronger Ethiopia-Türkiye Ties
Nov 10, 2026 3936
Addis Ababa, November 10, 2026 (ENA)— Prime Minister Abiy Ahmed held talks with Turkish President Recep Tayyip Erdoğan in Antalya, Türkiye, ahead of the COP31 Leaders’ Summit. The two sides discussed ways to strengthen bilateral relations, advance cooperation on climate action and address regional issues of mutual interest. Upon his arrival in Antalya, the Prime Minister said: “I held a productive bilateral meeting with President Recep Tayyip Erdoğan of Türkiye. During our discussion, I congratulated him on the preparations for hosting COP31 and the efforts underway towards its successful delivery.” In a statement posted on his X account, PM Abiy said the two leaders explored opportunities to further deepen the strong partnership between their countries, including cooperation as Ethiopia prepares to assume the COP32 Presidency in 2027. They also exchanged views on regional developments and issues of mutual interest, reaffirming their commitment to strengthening bilateral relations and translating shared priorities into tangible progress. “Throughout our talks, we reaffirmed our shared commitment to advancing our partnership and making tangible progress on areas of common priority,” the Premier noted. The meeting highlights the growing importance of Ethiopia-Türkiye cooperation as the two countries take on consecutive COP presidencies, with Türkiye hosting COP31 and Ethiopia preparing to welcome the global climate community to Addis Ababa for COP32, ENA learned.
Ethiopia Pledges Inclusive COP32 Process, Puts LDC Priorities at Center of Climate Agenda
Nov 10, 2026 2386
Addis Ababa, November 10, 2026 (ENA)— Ethiopia reaffirmed its commitment to advancing the climate priorities of Least Developed Countries (LDCs), pledging an inclusive, transparent and collaborative process as it prepares to host the 32nd United Nations Climate Change Conference (COP32) in Addis Ababa in November 2027. Foreign Affairs Minister and COP32 President-Designate Gedion Timothewos reaffirmed the commitment during talks with LDC Group Chair Ambassador Adão Soares Barbosa of Timor-Leste at the Ethiopia Pavilion on the sidelines of COP31 in Antalya, Türkiye. Gedion underscored the importance of close consultation and strong partnerships to ensure that the priorities, interests and perspectives of LDCs remain central to COP32 preparations and deliberations. He stressed that Ethiopia intends to work closely with the LDC Group and other international partners to build consensus and advance climate outcomes that reflect the shared aspirations of vulnerable countries. The Minister also emphasized that a successful COP31 would provide a critical foundation for COP32, helping sustain momentum in global climate negotiations and deliver meaningful progress on collective climate action. Ethiopia is using its participation in COP31 to strengthen international partnerships, support constructive negotiations and build momentum for its upcoming presidency. Speaking on Monday, Gedion said Ethiopia's foremost priority at the Antalya conference is to contribute to a successful negotiation process that will lay a strong foundation for more effective outcomes at COP32. To this end, Ethiopia will work closely with the Turkish and Australian COP31 presidencies to support ongoing negotiations and facilitate a smooth and constructive transition to the next climate conference. Mobilizing international partnerships and building a shared understanding of Ethiopia's COP32 vision are also central to the country's engagement, he said, adding that the government is seeking to exchange perspectives, identify common interests and establish areas of cooperation with potential partners. Ethiopia also aims to use the global climate gathering to generate wider international interest in COP32 and encourage broad participation in the Addis Ababa summit. Gedion noted that the Ethiopia Pavilion is serving as a platform for dialogue, partnership-building and showcasing the country's climate initiatives, while offering international participants an early glimpse of Ethiopia's preparations and hospitality as the next COP host. He said Ethiopia has already made considerable progress in its preparations, including advance planning, establishing a dedicated team, drawing lessons from previous COP conferences and launching practical activities. The Ethiopian delegation is also using COP31 as a hands-on learning opportunity, gaining firsthand experience of the operational, logistical and organizational demands of hosting a major international climate conference. The Minister expressed appreciation to the COP30 Presidency and the United Nations Framework Convention on Climate Change (UNFCCC) for facilitating experience-sharing and knowledge transfer, describing the process as important to strengthening Ethiopia's readiness to host COP32.
Ethiopian Airlines and Air Peace Sign Bilateral Interline Agreement to Enhance Connectivity Across Africa and Beyond
Nov 10, 2026 3121
Addis Ababa, November 10, 2026 (ENA)— Ethiopian Airlines, Africa's leading aviation group and Air Peace, Nigeria's leading carrier sign a bilateral interline agreement. The partnership marks a significant step towards strengthening air transport connectivity across Africa and expanding travel opportunities for passengers. Accordingly, Ethiopian Airlines and Air Peace will collaborate through a bilateral interline arrangement covering both passenger travel and checked baggage services. The partnership enables each airline to issue tickets for eligible itineraries that include flights operated by both carriers, providing customers with a more convenient and integrated travel experience. Through this collaboration, passengers will be able to book qualifying journeys on a single ticket and enjoy through-checked baggage to their destination, where applicable. The streamlined process eliminates the need for separate bookings and baggage re-checks, creating a smoother and more efficient travel experience. The agreement links Air Peace's domestic and regional network with Ethiopian Airlines' vast international network spanning Africa, Europe, Asia, the Middle East, and the Americas. As a result, travelers departing from major Nigerian and west African cities will gain seamless access to Ethiopian Airlines' global destinations through Addis Ababa, while international passengers arriving on Ethiopian Airlines flights will benefit from expanded onward travel options across Nigeria and west Africa through Air Peace's domestic network. Commenting on the partnership, Ethiopian Airlines Group CEO, Mesfin Tasew said, "We are delighted to partner with Air Peace, a leading carrier in Nigeria, through this strategic interline agreement. This collaboration reflects our shared commitment to enhancing connectivity, improving customer convenience, and supporting the growth of air travel across the African continent. By combining our strengths, we are creating more travel opportunities and bringing Africa closer to the world." Dr. Allen Onyema, Chairman and Chief Executive Officer of Air Peace said, “This partnership with Ethiopian Airlines represents another significant milestone in our commitment to strengthening Africa’s aviation connectivity and bringing the continent closer together. By combining Air Peace’s extensive domestic, regional network, and our growing international network with Ethiopian Airlines’ global reach, we are creating greater opportunities for seamless travel in and out of the African continent. Beyond expanding travel options, this collaboration reflects our shared vision of fostering stronger economic, commercial and cultural ties across Africa and beyond. At Air Peace, we remain committed to building strategic partnerships that enhance passenger convenience, broaden connectivity and position African aviation as a formidable force in global air transport.” The partnership is expected to contribute significantly to regional integration and economic development by facilitating the movement of people, businesses, and investments across Africa and the rest of the world. As African economies continue to pursue closer integration under the African Continental Free Trade Area (AfCFTA), improved air connectivity remains a critical enabler of economic cooperation and sustainable growth. The Ethiopian Airlines-Air Peace interline agreement will help bridge markets, connect communities, and create new opportunities for businesses and travellers alike. The collaboration will also support tourism by making destinations more accessible and reducing travel complexities for leisure and business travelers. With simplified booking procedures, coordinated travel arrangements, and expanded network reach, passengers can look forward to a more seamless journey from origin to destination. This partnership reinforces both airlines' commitment to delivering enhanced customer service and supporting the development of a connected, competitive, and prosperous African aviation sector.
Ethiopia Advances WTO Accession Negotiations at Eighth Working Party Meeting in Geneva
Nov 10, 2026 2455
Addis Ababa, November 10, 2026 (ENA)— During the Eighth Working Party meeting in Geneva, Ethiopia urged WTO members to match the nation's political commitment with pragmatism to achieve a mutually beneficial outcome. According to the Ministry of Foreign Affairs (MOFA),Trade Minister and Chief Negotiator Yasmin Wohabrebbi led the Ethiopian delegation, accompanied by State Minister of Foreign Affairs Ambassador Hadera Abera and other dignitaries. The delegation declared WTO membership a top national priority. This renewed push builds on economic reforms implemented following the formation of the new government in October, accelerating a process first launched in 2003. Progress reported includes the review of over 460 legal instruments, the submission of updated accession documents, and the enactment of reforms to align with WTO rules. Minister Yasmin expressed readiness to conclude bilateral market access negotiations while requesting a flexible, development-sensitive approach. WTO Deputy Director-General Xiangchen Zhang and member states welcomed Ethiopia's reforms and expressed support for integrating its market of 130 million people into the global trading system. The November 9–10 meeting aims to resolve remaining multilateral issues and map the final phase toward membership. Joining the WTO is expected to support Ethiopia's economic growth, export expansion, and integration into regional frameworks like the AfCFTA.
African Political Leaders Hail Ethiopia’s Urban Transformation, Development Gains
Nov 10, 2026 3148
Addis Ababa, November 10, 2026 (ENA)— African political party delegates have praised Ethiopia’s infrastructure expansion, and urban transformation, describing the country's development experience as an inspiration and a source of practical lessons for other African nations. In interviews with ENA on the sidelines of the African Political Party Summit, Douglas Togara Mwonzora of Zimbabwe and Irene Mphahama of Lesotho highlighted Ethiopia’s development strides, natural resource management and efforts to expand women's participation in leadership. The delegates also called on African political parties to move beyond electoral competition and work collectively to advance development, strengthen democratic institutions and accelerate continental prosperity. Mwonzora, President of Zimbabwe’s Movement for Democratic Change, praised Ethiopia’s hospitality, expanding infrastructure and clean urban environment, saying the progress witnessed by his delegation demonstrated Africa’s capacity to drive development through effective mobilization of its own resources. “The infrastructure is good, the city is extremely clean, and we are very happy about that,” he said. He particularly highlighted Ethiopia’s experience in managing and harnessing natural resources for national development, noting that Zimbabwe, which possesses considerable mineral wealth, could draw valuable lessons from the country's development approach. Mwonzora stressed that Africa’s natural resources should serve as engines of shared prosperity rather than sources of conflict or wealth concentrated in the hands of political elites. “Natural resources should be transformed from a curse to a blessing,” he said, emphasizing the importance of responsible resource management for the benefit of citizens. Turning to the role of political parties, he urged both governing and opposition parties to recognize development as a common national and continental responsibility rather than allowing political competition to undermine progress. “Political parties should be the drivers of development in Africa—both ruling parties and the opposition,” he stated. He also emphasized the importance of consensus on electoral rules, respect for constitutional principles and sustained political cooperation beyond elections to promote stability and accountability. Meanwhile, Irene Mphahama of Lesotho identified Ethiopia’s progress in women's leadership and urban development as particularly valuable lessons from her visit. She said her interactions with Ethiopia’s Minister of Women had provided insights into women's participation in decision-making, expressing her intention to share the experience and promote greater female representation in leadership back home. “I have to implement this and share it with the rest of the women in Lesotho,” she said. Mphahama, who works in the construction sector, also praised Ethiopia’s urban transformation and the pace of infrastructure development, describing them as evidence of strong development ambition and commitment. Recalling her visit to a river development project in Ethiopia, she said the transformation demonstrated how determination, planning and commitment could turn development aspirations into tangible results. “From that small project alone, we learn that you can do it. If you put your mind to it, you can do it,” she emphasized. She further highlighted the discipline and commitment demonstrated by citizens, government institutions and leaders as important factors that other African countries could learn from in pursuing their development ambitions. Beyond infrastructure and institutional progress, Mphahama stressed that Africa must take ownership of its resources and development priorities, arguing that greater continental unity and self-determination are essential to building a prosperous future. “We need to own our land so that we can find the right path in building a united Africa,” she said. Both delegates called for stronger cooperation among African political parties and governments, emphasizing that shared responsibility, political consensus and collective action are essential to unlocking the continent’s development potential.
Ethiopia, Nepal Explore Stronger Climate Partnership Ahead of COP32
Nov 10, 2026 5694
Addis Ababa, November 10, 2026 (ENA)— Ethiopia and Nepal have explored avenues for strengthening bilateral cooperation on climate change and advancing shared environmental priorities as Ethiopia steps up diplomatic engagement ahead of hosting COP32 in 2027. Ethiopia’s Foreign Minister and COP32 President-Designate, Gedion Timothewos (PhD), held talks with Nepal’s Minister for Foreign Affairs, Shisir Khanal, on the sidelines of the 31st UN Climate Change Conference (COP31) in Antalya, Türkiye. The discussions focused on shared climate challenges, common priorities and opportunities to deepen cooperation between the two countries, particularly as climate change increasingly demands stronger international partnerships and coordinated action. The meeting also provided an opportunity to exchange perspectives on the global climate agenda and explore potential areas of collaboration ahead of COP32, which Ethiopia will host in Addis Ababa in November 2027, ENA learned. The engagement reflects Ethiopia’s growing diplomatic outreach at COP31, as it seeks to build broader international partnerships, strengthen support for its climate priorities and mobilize collective action ahead of the next major UN climate summit. As preparations for COP32 gather momentum, Ethiopia is positioning the forthcoming conference as an important platform for advancing climate cooperation, amplifying the priorities of developing countries and translating global climate commitments into tangible action.
Ethiopia Steps Up WTO Accession Drive, Seeks Breakthrough in Geneva Talks
Nov 10, 2026 1975
Addis Ababa, November 10, 2026 (ENA)— Ethiopia has renewed its push to join the World Trade Organization (WTO), reaffirming its commitment to concluding long-running accession negotiations as it seeks deeper integration into the global trading system and expanded access to international markets. Leading Ethiopia’s delegation at the Eighth WTO Working Party meeting in Geneva on November 9–10, Minister of Trade and Regional Integration and Chief Negotiator Yasmin Wahabrebbi, alongside State Minister of Foreign Affairs Ambassador Hadera Abera and other senior officials, underscored WTO membership as a top national priority. The renewed momentum follows the formation of a new government in October and comes as Ethiopia accelerates economic reforms to advance an accession process launched in 2003. Addressing the meeting, Minister Yasmin highlighted the progress achieved in aligning the country's legal and regulatory frameworks with WTO requirements, including the review of more than 460 legal instruments, the submission of updated accession documents and the implementation of wide-ranging trade-related reforms. She also reaffirmed Ethiopia's readiness to conclude bilateral market access negotiations, while calling on WTO members to adopt a flexible and development-sensitive approach that recognizes the country's economic circumstances and development priorities. WTO Deputy Director-General Xiangchen Zhang and member states welcomed Ethiopia's reform progress, expressing support for bringing the country's market of more than 130 million people into the multilateral trading system. The two-day meeting is expected to address outstanding multilateral issues, accelerate negotiations and establish a clearer pathway toward the conclusion of Ethiopia's accession process. For Ethiopia, WTO membership represents more than entry into a global trade institution. It is a strategic step toward strengthening export competitiveness, attracting investment, expanding market opportunities and improving the country's participation in international trade. It is also expected to reinforce Ethiopia's broader regional economic integration, including through the African Continental Free Trade Area (AfCFTA), as the country pursues a more competitive and outward-oriented economy. Minister Yasmin called on WTO members to match Ethiopia's political commitment and reform efforts with a pragmatic and constructive negotiating approach, stressing the importance of reaching a mutually beneficial outcome. As negotiations enter a critical phase, Ethiopia is seeking to translate more than two decades of accession efforts and ongoing economic reforms into full membership of the global trading system.
Ethiopia Targets to Become Africa’s Leading AI Innovation Hub by 2030: EAII Director General
Nov 9, 2026 9259
Addis Ababa, November 9, 2026 (ENA)— Ethiopia is accelerating efforts to position itself as one of Africa’s leading hubs for artificial intelligence (AI) research and innovation by 2030 through strategic investments in digital infrastructure, human capital development and continental partnerships, Director General of the Ethiopian Artificial Intelligence Institute (EAII), Worku Gachena, said. Speaking at the opening of the Pan-African AI Ventures Residency Program in Addis Ababa, Worku said Ethiopia aims to build strong AI capabilities that support national development priorities while contributing to technological advancement across Africa through research, innovation and entrepreneurship. He noted that the ambition is aligned with Digital Ethiopia 2030, the country’s strategic roadmap for digital transformation, and supported by initiatives designed to strengthen research capacity and develop the next generation of AI professionals. Among these initiatives is Medemer AI University, established as an autonomous public university following the Council of Ministers’ approval of its founding regulation. The institution is expected to train AI scientists, engineers and entrepreneurs while expanding the country’s technological and research capabilities. Worku also highlighted the AI UniPod, inaugurated on February 16, 2026, through a partnership between EAII, the United Nations Development Programme (UNDP) and Addis Ababa University. The facility is equipped with advanced laboratories, robotics facilities, high-performance computing resources, design studios and collaborative learning spaces. It is designed to connect research with entrepreneurship and the development of practical technological solutions. He emphasized that realizing Ethiopia’s ambition to become a leading African AI research and development hub by 2030 requires sustained investment in digital infrastructure, computing capacity and skilled human resources. In this regard, the Pan-African AI Ventures Residency Program brings together young innovators from 12 African countries to develop AI-driven solutions to challenges facing the continent. The initiative provides participants with mentorship, knowledge exchange opportunities, professional networks and platforms for cross-border collaboration. Worku further underscored the importance of stronger African cooperation, particularly in responsible data sharing and developing African-language datasets and AI models, to ensure that emerging technologies reflect the continent’s realities and development priorities. He also acknowledged the contributions of the Japanese government, UNDP and Addis Ababa University, noting that international and regional partnerships are essential to strengthening Africa’s competitiveness in the global AI landscape. Japanese Ambassador to Ethiopia Shibata Hironori highlighted Japan’s support for the AI UniPod initiative through its Ministry of Economy, Trade and Industry, which provides approximately 1 million USD in annual funding to advance African AI capacity and digital innovation. He said the initiative also creates opportunities for Japanese companies to collaborate with African startups through joint development and pilot projects, reaffirming Japan’s commitment to supporting Ethiopia in partnership with EAII, Addis Ababa University and UNDP. Meanwhile, Matthias Z. Naab, Director of UNDP’s Regional Service Centre for Africa, called on African countries to move beyond being passive consumers of foreign technologies and become active creators of solutions to their own development challenges. He said Africa’s youthful population, expanding digital economy and growing innovation ecosystem provide a strong foundation for developing homegrown AI technologies and generating sustainable employment opportunities. Naab also highlighted UNDP’s investments in digital infrastructure through its EDGE initiative, which provides essential resources, including high-performance graphics processing units (GPUs) at the AI UniPod, enabling innovators to develop AI-powered products. However, he stressed that access to computing resources alone would not be sufficient, emphasizing the need for young innovators to acquire practical skills and connect their solutions to real-world markets. He added that promising ventures emerging from the residency program could advance to UNDP’s broader Timbuktoo Initiative, gaining access to thematic innovation hubs, venture capital and market networks. The 10-day residency brings together 51 AI startup founders from 12 African countries at the AI UniPod for intensive training, mentorship, product development and networking, marking another step toward strengthening Africa’s homegrown artificial intelligence ecosystem.
Ethiopia’s Future Through Young Eyes and Teenagers’ Confidence in a Nation of Growing Possibilities
Nov 9, 2026 5619
Addis Ababa, November 9, 2026 (ENA)— From a rapidly transforming capital to renewed cultural pride and entrepreneurial ambition, young Ethiopians envision a stronger, more prosperous and globally respected country, believing their generation will play a defining role in shaping its future. For a generation growing up amid visible changes in Ethiopia’s urban landscape, expanding development ambitions and evolving national aspirations, the future is increasingly seen not simply as something to anticipate, but as something to build. Across Addis Ababa, teenagers are developing an increasingly confident outlook on their country's prospects, expressing optimism that sustained development efforts, cultural pride, innovation and greater opportunities for young people could propel Ethiopia toward a more prosperous future and a stronger position on the global stage. In conversations with the Ethiopian News Agency (ENA), several teenagers painted an ambitious picture of the Ethiopia they hope to see over the next two decades and beyond — a country that combines modern development with its extraordinary cultural heritage, unlocks its economic potential and earns greater international recognition. Their perspectives, while shaped by their individual experiences and aspirations, converge around a common conviction: Ethiopia's future holds enormous possibilities, and today's young generation has a responsibility to help realize them. For 16-year-old Nathan Berhanemeskel, Ethiopia's ongoing transformation is an exciting journey, with visible changes creating a sense of momentum and possibility. "It's an amazing ride," he said, describing a country that is becoming increasingly "modernized, futuristic, and beautiful." Nathan pointed to the growing range of social and recreational activities, alongside improvements in the urban environment, as signs of a changing society offering young people more opportunities to explore, interact and enjoy their surroundings. "There is a clear positive trajectory in our country right now," he observed. Yet, for Nathan, Ethiopia's appeal extends well beyond its changing cities and modern infrastructure. Its people, natural attractions and rich cultural heritage remain central to what makes the country special. Describing Ethiopia as "an amazing country with beautiful people and great places," he conveyed a sense of national pride rooted in both its identity and its potential. That connection between national identity and future ambition was equally evident in the reflections of 16-year-old Amen Haimanot, who sees being Ethiopian as an essential part of who she is. "Being Ethiopian brings me a lot of joy; it makes me who I am today," she said. For Amen, national pride is not merely an attachment to the country's past. It is also confidence in what Ethiopia can become. She believes that if the current momentum in social and economic development is sustained, Ethiopia could emerge as "one of the most well-known and respected countries in the world." Amen cited improvements in the urban environment, including expanding green spaces, cleaner air and more vibrant public parks, as encouraging signs of change. But she also emphasized that Ethiopia's greatest strengths lie in its people, cultural diversity, historical legacy and resilience — qualities she believes can help the country project a more dynamic and compelling image internationally. Looking ahead, she placed particular confidence in the capacity of younger generations to accelerate the country's transformation. "In 10 to 20 years, our generation and the next will place Ethiopia where it truly deserves to be," she said. This confidence in Ethiopia's future is also reflected in the way 15-year-old Markan Yonas views the transformation of Addis Ababa, a city increasingly associated with the country's development ambitions. For Markan, the capital's changing skyline and modern infrastructure demonstrate how far the country can go when development aspirations are translated into action. She envisions an Ethiopia that will become even more remarkable over the coming decades, with stronger international trade, expanded economic opportunities and a more influential presence in global affairs. "In 20 to 50 years, Ethiopia will be an extraordinary country," she predicted. However, Markan believes that progress should not come at the expense of the country's identity. As Ethiopia modernizes and strengthens its international engagement, she urged young people to remain connected to the traditions and cultural values that distinguish the nation. "We should love our country, treasure our culture, and truly appreciate everything we have," she said. Her message captures an important dimension of the aspirations expressed by the teenagers: the Ethiopia of tomorrow should be modern and globally connected while remaining firmly grounded in its historical and cultural foundations. For 16-year-old Eyoel Leul, however, optimism about the future is accompanied by a more immediate determination to contribute to the country's economic development. Feeling fortunate to have been born in Ethiopia, Eyoel encouraged international visitors and investors to discover the country's opportunities and untapped potential. More importantly, he sees entrepreneurship and the growth of local businesses as practical ways through which young people can participate in nation-building. Rather than viewing the country's future as the responsibility of government alone, he hopes to contribute through his own family's enterprise. "My plan is to take over my father's business and use it to help build the country," he said. His ambition reflects a broader understanding of development in which individual initiative, business expansion and productive engagement can complement national economic priorities. All in all, the teenagers' reflections reveal more than youthful enthusiasm. They offer a glimpse into how a new generation perceives Ethiopia's evolving national identity and its place in an increasingly interconnected world. Their optimism is expressed through different lenses: Nathan sees a country undergoing exciting modernization; Amen draws confidence from national identity, environmental improvements and cultural resilience; Markan envisions a future of expanded trade and global influence; while Eyoel sees entrepreneurship as a direct pathway to contributing to national development. Despite their different perspectives, a common aspiration runs through their accounts — a desire to see Ethiopia become more prosperous, internationally respected and full of opportunities for future generations. Their vision also points to the importance of ensuring that young people are not merely spectators of national transformation, but active participants in it. As Ethiopia pursues its development ambitions, investments in education, innovation, entrepreneurship, infrastructure and a greener urban environment will be important in translating such aspirations into tangible opportunities. Equally important is nurturing a generation that values its cultural heritage while embracing new ideas, technologies and global engagement. For these teenagers, Ethiopia's story is far from finished. Its next chapter remains unwritten, offering their generation an opportunity to shape the country's economic, social and international trajectory. Their message is both hopeful and purposeful: a prosperous Ethiopia will not emerge from aspirations alone, but from the determination, creativity and collective efforts of its people. And for a generation already imagining what their country could become in 10, 20 or even 50 years, the future is not simply a distant horizon. It is a responsibility they are eager to embrace.
Ethiopia’s Economic Rise, Continental Diplomacy and Strategic Ambitions Take Center Stage in the Week
Nov 8, 2026 10125
By Staff Writer November 8, 2026 (ENA) From becoming Africa’s fifth-largest economy following GDP rebasing to hosting landmark continental and global gatherings, Ethiopia’s economic transformation, diplomatic influence and strategic development ambitions dominated the first week of November 2026. The first week of November 2026 placed Ethiopia firmly in the continental and international spotlight, as the country emerged with a significantly larger measured economy, hosted major African political and global health gatherings, and renewed discussions about its strategic development priorities. Ethiopia's economy was officially rebased to reach 210.7 billion USD for the 2025/26 fiscal year, positioning the country as Africa's fifth-largest economy, alongside South Africa, Egypt, Nigeria and Algeria. Beyond its economic standing, Addis Ababa reinforced its reputation as a continental diplomatic and conference hub by hosting the Second African Political Parties Summit (APPS 2026), the Seventh World Health Organization Emergency Medical Teams (EMT) Global Meeting and the 36th African Hydro Symposium. Meanwhile, Ethiopia's development ambitions surrounding the Abay (Blue Nile) River and the Red Sea corridor remained prominent in national and international discourse, underscoring the country's determination to translate its economic and geographical potential into long-term development. Ethiopia's Economic Standing Rises Following GDP Rebasing One of the week's most significant developments was Ethiopia's unveiling of its rebased Gross Domestic Product (GDP), which increased the country's measured economic output by 59.2 percent. The revision, which incorporates updated methodologies and more comprehensive data sources, including state-owned enterprises, non-profit institutions and emerging sectors such as digital finance, provides a more comprehensive picture of the country's evolving economic structure. With its economy now valued at 210.7 billion USD, Ethiopia has moved into Africa's fifth-largest economy position, strengthening its profile among the continent's leading economic powers. Speaking at the official launch of the GDP rebasing results, Finance Minister Fitsum Assefa said the revised national accounting framework would improve economic planning, fiscal and monetary policymaking, and domestic revenue mobilization. She emphasized that more accurate economic measurements would enable the government to better assess the size, structure and performance of the economy while strengthening the foundation for evidence-based development policies. Under the revised framework, with 2017 Ethiopian fiscal year (2024/25) as the new base year, Ethiopia's GDP reached 24.03 trillion Birr, equivalent to 201.42 billion USD, while the economy expanded to 31.86 trillion Birr, or 210.7 billion USD, in the 2018 Ethiopian fiscal year (2025/26). The minister further highlighted the implications of the revised figures for assessing debt sustainability, improving tax-to-GDP ratios and identifying opportunities to broaden the domestic revenue base. Beyond the revised economic ranking, the rebasing represents an important step toward modernizing Ethiopia's economic measurement systems and aligning national planning with the changing realities of its economy. African Political Parties Summit: Reimagining Political Leadership for Economic Transformation Ethiopia further strengthened its continental political engagement by hosting the Second African Political Parties Summit from November 5–7, 2026, bringing together approximately 1,000 delegates from across Africa. Organized by the ruling Prosperity Party in collaboration with the African Governance Center at the Adwa Victory Memorial Museum in Addis Ababa, the three-day summit was held under the theme, "Governing for Growth: Political Parties as Architects of Africa's Economic Future." The gathering sought to encourage African political parties to move beyond short-term electoral competition and political mobilization toward long-term economic transformation, effective governance and sustainable development. At its core, the summit highlighted the need to reposition political parties as strategic institutions that shape economic policies, develop capable leadership, strengthen democratic institutions and drive national transformation. Addressing the summit, Prime Minister Abiy Ahmed underscored the importance of developing a new generation of African leaders capable of sustaining development achievements and ensuring continuity in governance. He announced Ethiopia's commitment to extending leadership training opportunities at the African Leadership Excellence Academy to political parties across the continent. The Premier observed that countries risk losing development momentum when leaders fail to prepare capable successors, emphasizing the importance of empowering younger generations and entrusting them with meaningful responsibilities. "We have seen countries lose momentum when strong leaders fail to prepare successors. We must give younger members real responsibility and promote those who show judgment and integrity," he said. Prime Minister Abiy also presented Ethiopia's leadership philosophy of Medemer, or synergy, as an approach that brings together diverse strengths around shared national and continental aspirations. Citing the country's development experience, he highlighted initiatives such as the digital identification programme and the Grand Ethiopian Renaissance Dam (GERD) as examples of projects requiring sustained commitment, collective effort and continuity across generations. He also pointed to the Green Legacy Initiative, under which more than 56 billion seedlings have been planted since 2019, as an illustration of how collective action can restore degraded landscapes, protect water resources and strengthen resilience to climate change. Emphasizing inclusive governance and accountability, the Prime Minister stressed that political leadership should recognize the contributions of all citizens, regardless of their political affiliations. "Every citizen has an equal claim on the state, whichever party they support," he said. The summit thus provided a continental platform for exchanging political and governance experiences while advancing discussions on how African political institutions can become stronger drivers of economic growth and transformation. Addis Ababa Strengthens Its Position as a Continental Conference and Diplomacy Hub Beyond politics and economics, Ethiopia further consolidated Addis Ababa's position as a destination for major international and continental gatherings. The country hosted the Seventh World Health Organization Emergency Medical Teams (EMT) Global Meeting, marking the first time the global gathering has been held in the WHO African Region. The meeting provided an important platform for strengthening emergency medical preparedness, improving response coordination and sharing experiences in managing public health emergencies. And Ethiopia has called for operational regional solidarity to improve preparedness and respond to health emergencies. Speaking at the opening ceremony, Health Minister Dr. Mekdes Daba has called for sustained investment in emergency medical teams, stronger coordination across sectors and operational regional solidarity to improve preparedness and response to health emergencies. She noted that Africa has been strengthening its leadership and capacity in global emergency response, moving beyond receiving assistance to training skilled professionals, developing evidence-based solutions and deploying its own emergency teams in partnership with international actors. However, she stressed that growing emergency challenges across Africa and beyond require stronger national capabilities, country ownership and effective international cooperation to ensure timely and coordinated responses. WHO Regional Director for Africa Dr. Mohamed Yakub Janabi commended Ethiopia's progress, noting that Senegal was the first African country to receive WHO classification, followed by Ethiopia. He underscored the importance of strengthening national emergency response systems, pointing out that the WHO African Region experiences more than 100 significant public health events annually. Meanwhile, Addis Ababa also hosted the 36th African Hydro Symposium, where energy security, regional electricity interconnections and the development of effective power markets featured prominently. Speaking at the gathering, United Nations Economic Commission for Africa (UNECA) Executive Secretary Claver Gatete emphasized that stronger regional electricity networks and efficient power markets would enable African countries to utilize their energy resources more effectively while enhancing the resilience of their electricity systems. He stressed that energy security increasingly requires regional cooperation, coordinated infrastructure development and sustained collaboration among governments, utilities, regulators and regional institutions. The two gatherings further highlighted Ethiopia's growing role in providing platforms for international cooperation, knowledge exchange and collective responses to shared continental challenges. Expanding Diplomatic and Economic Partnerships Ethiopia's diplomatic engagements during the week also reflected its continued efforts to diversify international partnerships and attract investment, technology and expertise. Ethiopia and China reaffirmed their commitment to deepening their All-Weather Strategic Partnership, with particular emphasis on trade, investment and capacity building. During discussions, Foreign Minister Gedion Timothewos and Chinese Ambassador Chen Hai explored ways to expand bilateral cooperation and strengthen support for Ethiopia's development priorities. Similarly, Ethiopia and the European Union highlighted growing opportunities for cooperation in critical minerals, seeking to combine the country's resource potential with European technology, expertise, investment and professional training. The partnership is expected to contribute to economic diversification, employment creation and the broader global green transition. Meanwhile, UN-Habitat Regional Director for Africa Oumar Sylla described Ethiopia's hosting of COP32 in November 2027 as a significant opportunity for Africa to strengthen its voice in global climate diplomacy. He commended Ethiopia's green development efforts, particularly its investments in clean energy, urban greening, clean cooking and large-scale tree planting. These engagements reflect Ethiopia's efforts to translate its diplomatic standing into stronger economic partnerships, investment opportunities and greater participation in shaping international development priorities. Abay River and Red Sea: Ethiopia's Strategic Development Priorities Alongside its economic and diplomatic engagements, Ethiopia's strategic ambitions surrounding the Abay River and the Red Sea corridor remained central to the week's discussions. In an exclusive interview with ENA, Water and Energy Minister Habtamu Itefa said Egypt's longstanding diplomatic and political efforts to obstruct Ethiopia's development projects on the Abay River and isolate the country from the Red Sea were no longer effective. He urged Cairo to reconsider its historical posture toward Ethiopia and adopt a more constructive approach to both the shared river and Ethiopia's interests in Red Sea access. Recalling decades of resistance to Ethiopia's efforts to utilize its water resources for development, the minister said the successful construction and operationalization of the Grand Ethiopian Renaissance Dam had fundamentally changed the situation. Despite contributing approximately 86 percent of the Nile's total flow, Ethiopia had long faced opposition to its efforts to harness the river for development. However, the GERD has demonstrated the country's determination and capacity to pursue its development aspirations. "Ethiopia has been able to break that line of thinking by building the GERD. We have closed that chapter," Habtamu said. The minister's remarks underscored Ethiopia's position that the equitable utilization of shared water resources should be guided by cooperation, mutual benefit and the legitimate development interests of all riparian countries. Meanwhile, Mohamed Al-Arousi, Advisor to the Minister of Water and Energy, reaffirmed Ethiopia's determination to continue developing its water resources through major dam projects. Speaking to ENA, he said the country would not abandon its development agenda because of political pressure or disputed narratives surrounding the shared river. "We have built dams, and, God willing, we will continue building a series of dams," Al-Arousi said. He accused Egypt of mobilizing media outlets to portray Ethiopia's water development agenda negatively and generate international sympathy against the country's legitimate development aspirations. The advisor maintained that Ethiopia's investments in water infrastructure reflect its determination to harness its natural resources for national development. He also rejected attempts to undermine the legitimacy of Ethiopian projects through political pressure and what he described as the distortion of facts. Addressing concerns raised by downstream countries, particularly regarding the GERD, Al-Arousi argued that recurring accusations had neither advanced negotiations nor brought the parties closer to a lasting agreement. The developments once again highlighted the importance of constructive regional dialogue and cooperation in addressing shared water resources while respecting the development aspirations of all countries. Ethiopia's Growing Continental and International Profile Taken together, the developments of the first week of November 2026 reflect several dimensions of Ethiopia's evolving national and international profile. Its revised economic standing has brought renewed attention to the scale and structure of its economy. The African Political Parties Summit has provided a platform for advancing discussions on leadership, governance and long-term development across the continent. The WHO global meeting and African Hydro Symposium have further demonstrated Addis Ababa's capacity to convene international expertise and facilitate cooperation on issues of shared importance. At the same time, Ethiopia's diplomatic engagements and continued emphasis on the Abay River and Red Sea corridor underscore its determination to advance economic partnerships, safeguard its development interests and strengthen its strategic position in the Horn of Africa. As Ethiopia prepares to host COP32 in 2027, its growing economic profile, continental engagements and development ambitions are likely to remain important dimensions of its engagement with Africa and the wider international community. ENA | Ethiopian News Agency: Bringing Ethiopia's development, diplomatic engagements and Africa's evolving role in global affairs to the world.
Digital Sovereignty Priority for Africa’s Future: Innovation & Technology State Minister
Nov 8, 2026 6602
Addis Ababa, November 8, 2026 (ENA)— Strengthening digital sovereignty and developing artificial intelligence infrastructure should be the priorities for Africa, Innovation and Technology State Minister Solomon Soka said. According to him, sovereignty is no longer limited to geographical boundaries, but increasingly depends on algorithms, computing centers, and artificial intelligence technologies. “Our sovereign spirit cannot be broken by external domination, but the arena of sovereignty has fundamentally changed. Today, it is defined by algorithms, computing capabilities, and artificial intelligence,” he noted. Warning the danger AI-powered disinformation poses to economic and social stability by undermining public trust and affecting markets and investment, the State Minister stressed the need to establish independent African AI systems that ensure control over data, algorithms, and technological capabilities. He revealed that Ethiopia is pursuing an approach of functional sovereignty, guided by the philosophy of “Medemer,” which emphasizes integration, strengthening national capabilities, protecting critical data, and maintaining independent decision-making. The Digital Ethiopia 2030 Strategy translates this vision into action through the development of digital infrastructure and national capabilities, he added. Solomon highlighted the launch of the national digital identity system (Fayda), the initiative to train five million Ethiopians in coding, and the establishment of the Ethiopian Artificial Intelligence Institute. The institute is developing AI models in Ethiopia’s local languages to strengthen the presence of national identity and culture in the digital space. The State Minister noted that Prime Minister Abiy Ahmed initiated the establishment of Medemer Artificial Intelligence University, which is envisioned as a continental hub for developing expertise and strengthening African countries’ capabilities in artificial intelligence. Moreover, he noted that reliable energy, expanded telecommunications networks, data centers, and cloud computing infrastructure are essential requirements for achieving digital sovereignty. “You cannot build a sovereign home on rented land,” the State Minister said, stressing the importance of African countries owning their data centers and cloud infrastructure and hosting their data within their territories. He noted that Ethiopia aims to host its national data, projected to reach approximately 600 petabytes within its digital infrastructure by 2030. Solomon also called for stronger African technological integration, noting that individual African countries cannot compete with the massive investments of global technology companies on their own. In his remarks at a parallel session on the sidelines of the Second African Political Parties Summit in Addis Ababa, the State Minister warned against the use of deepfake technology and disinformation to influence voters, urging political parties to adopt ethical and responsible AI practices. He underscored that exploiting these technologies for electoral gains would undermine public trust in institutions and threaten political and economic stability
Egypt’s Conspiracy against Ethiopia over Abay River, Red Sea No Longer Workable, Says Water Minister
Nov 8, 2026 12365
Addis Ababa, November 8, 2026 (ENA)— Egypt’s longstanding diplomatic and political conspiracy to block Ethiopia’s development projects on Abay River and isolate the country from the Red Sea are no longer effective, Water and Energy Minister Habtamu Itefa said. In an exclusive interview with ENA, the Minister said that Cairo should reconsider its historical posture toward Ethiopia regarding both the Abay (Blue Nile) River and access to the Red Sea instead of opposing Ethiopian interests. He recalled that Egypt had for decades sought to obstruct Ethiopia's efforts to utilize the Nile for development, but Ethiopia had brought an end to that chapter of resistance by successfully building the Grand Ethiopian Renaissance Dam. Despite Ethiopia’s 86 percent contribution to the river's total flow, Egypt had tried to stop from leveraging its water resources. The successful construction and operationalization of the Grand Ethiopian Renaissance Dam has however effectively transformed those dynamics, the Minister noted. "Ethiopia has been able to break that line of thinking by building the GERD. We have closed that chapter." As regards Egyptian claims that the dam would reduce downstream water availability, the Minister pointed out that post-completion reality contradicts Cairo’s warnings. Downstream flow has remained steady, with water continuing to reach Egypt after driving the GERD’s power-generating turbines. Furthermore, Habtamu cited environmental measures, including the planting of over 56 billion tree seedlings under the Green Legacy Initiative in the Baro-Akobo and Abay river basins that bolster the overall watershed and maintain water flow. He also explained GERD’s role in regulating floodwaters for neighboring Sudan, preventing the destructive seasonal flooding along the Blue Nile that previously threatened Sudanese infrastructure and lives. Reflecting on the past hydro-diplomacy, the Minister argued that while Egypt regularly accuses Ethiopia of unilateral action, Cairo itself has built massive infrastructure projects such as the Toshka and New Valley projects without consulting upstream riparian states. In contrast, the he underscored Ethiopia's commitment to shared regional growth through energy exports, pointing out that neighbors like Kenya and Djibouti are already benefitting from GERD-generated electricity, with Somalia and South Sudan seeking expanded energy integration. "Our vision is prosperity for all and poverty for none," the Minister said, emphasizing the need for cooperation among countries in the region. He concluded: "Cooperation is the backbone of development. The international community increasingly understands the realities on the ground, and Egypt would benefit far more from partnering with us than trying to maintain outdated monopolies." According to the Minister, Egypt had been somehow successful in its efforts to isolate Ethiopia from the Red Sea by supporting the separation of Eritrea during the EPRDF-led government. He attributed this development partly to the influence of Egypt at the time, pointing at the fact that the then UN Secretary-General Boutros Boutros-Ghali was an Egyptian. Yet, the public had long aspired to restore access to the sea, Habtamu noted. The Minister criticized Cairo’s efforts to isolate Ethiopia from the Red Sea, linking historic setbacks to Egyptian diplomatic influence during past geopolitical transitions. He stated that previous Ethiopian administrations had avoided asserting maritime rights, but noted that the current government has formally reactivated the national demand. With a population of 130 million, a growing economy and legitimate security imperatives, Ethiopia’s demand for seaports is fully justified, he added. "Historically, Ethiopia had access to the sea. It is a contradiction to claim Egypt has rights in the Red Sea while insisting Ethiopia must remain landlocked," he noted Finally, the Minister urged Egypt to abandon its active lobbying against Ethiopia's port aspirations and instead support an arrangement that benefits regional stability.
Political Parties Must Lead Africa’s Economic Transformation: Pan-African Parliament President
Nov 8, 2026 11697
Addis Ababa, November 8, 2026 (ENA)— African political parties must play a greater role in driving economic transformation and strengthening the continent’s sovereignty and institutions, Said President of the Pan-African Parliament, Dr. Fateh Boutbig. He made the remarks in his closing address yesterday at the Second African Political Parties Summit, held in Addis Ababa on its third and final day under the theme “Governance for Growth.” Boutbig expressed his appreciation to the Ethiopian government and people for hosting the second edition of the summit. He also commended Prime Minister Abiy Ahmed for his commitment to Africa’s development and economic transformation. Parliament President noted that holding the summit at the Adwa Victory Memorial Museum carries profound historical significance, recalling Africa’s resistance against colonialism. He said the site highlights the sacrifices made for freedom and the need to advance from political liberation to economic emancipation. Boutbig stressed that Africa must control its economic decisions and strengthen its capacity to produce wealth, knowledge, and technology. He called on political parties to move beyond competition for power and focus on building productive and prosperous economies. “The true value of a political party is not measured solely by the number of seats it secures in legislative bodies, but by its ability to develop skilled human resources, build institutions, and translate citizens' aspirations into public policies,” he said. Boutbig added that democracy goes beyond elections, requiring accountability, responsibility, and respect for political pluralism. He highlighted the need to shift African economies from raw material exports to manufacturing, innovation, and value addition. Parliament President also emphasized investment in African people, particularly young people and women, and their participation in decision-making. He noted that the African Continental Free Trade Area (AfCFTA) offers opportunities to strengthen regional markets and advance the African Union’s Agenda 2063. He said achieving these goals requires political will, effective institutions, investment-friendly legislation, and lasting stability. Parliament President also highlighted the Addis Ababa Declaration and initiatives to strengthen political training and develop African leadership. Boutbig affirmed that the Pan-African Parliament would support these efforts through parliamentary diplomacy and legislative cooperation. He announced plans to launch the African Center for Legislative Studies and Research in December and establish the first African Parliamentary University next year. He also unveiled an initiative to organize an African Conference of Political Parties in 2027, in coordination with the African Governance Center, to promote conflict prevention and peacebuilding. Boutbig said the conference would bring together political and parliamentary leaders to exchange experiences and strengthen early warning mechanisms.He further announced plans to organize an African Women Parliamentarians Conference next year. He called for translating summit outcomes into practical programs through stronger coordination among political parties, parliaments, and governments. Parliament President stressed that global economic, technological, and geopolitical changes require Africa to actively shape its future rather than simply receive decisions made elsewhere. Concluding his address, he said, “The Africa we want is not an Africa we wait to arrive, but an Africa we build today.” He called for greater African unity and solidarity, emphasizing the importance of making Addis Ababa a starting point for a new era of collective action towards a free, united, and strong Africa.
Prosperity Party Urges Shift from Election Politics to Long-Term National Development
Nov 7, 2026 7537
Addis Ababa, November 7, 2026 (ENA)— Ethiopia’s ruling Prosperity Party urged political parties to move beyond election-driven politics and embrace long-term strategic leadership that prioritizes effective governance, sustainable investment, and national development. Head of Strategic Affairs at the Prosperity Party, Dr. Dereje Duguma said political parties should focus less on winning elections and more on translating national development ambitions into tangible and lasting results. He made the remarks during a panel discussion held under the theme “Political Parties as Engines of National Development.” Dr. Dereje underscored that political parties have a crucial responsibility to shape national development agendas, advance strategic priorities, and ensure that development plans deliver meaningful outcomes for citizens. He emphasized the need for political parties to align their policies and actions with long-term national and continental aspirations, particularly the African Union’s Agenda 2063. “Political parties should look beyond seasonal election campaigns and adopt long-term strategic frameworks that advance national prosperity and development,” he noted. He further stressed that sustainable development requires investment in the country's future, strong institutions, and leadership commitment that extends beyond electoral cycles. Effective governance, he added, should begin with adequate preparation and institutional capacity even before political parties assume office. Comparing political engagement to a marathon rather than a 100-meter sprint, Dr. Dereje said political parties must approach their responsibilities as a long-term undertaking, with sustained efforts directed toward national transformation. Highlighting the Prosperity Party’s institutional efforts to strengthen leadership capacity, he pointed to the establishment of training structures designed to develop party members and leaders at different levels. Among these, he cited the African Leadership Excellence Center (AfLEX), alongside similar institutions established at regional levels, which provide leadership training and strengthen institutional capacity. According to him, these institutions help enhance leadership development, performance evaluation, monitoring, and accountability within the party. He also identified Medemer as the philosophical foundation underpinning the Prosperity Party’s policies and strategies across social, economic, and foreign affairs sectors. Dr. Dereje further highlighted the party’s leadership incubation programme, which aims to nurture capable leaders at different levels through structured development initiatives and objective performance evaluation. He stressed that strong leadership, capable institutions, and a long-term development vision are essential for political parties to move beyond electoral competition and become effective drivers of national transformation.