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Economy
Ethiopia, China Strengthen Development Cooperation with New Grant Agreement
Feb 4, 2026 489
Addis Ababa, February 4, 2026 (ENA)—Ethiopia and China have further deepened their longstanding development partnership following a high-level bilateral meeting held on Tuesday between Ethiopia’s Finance Minister, Ahmed Shide and Chanese Ambassador to Ethiopia, Chen Hai. During the meeting, the two sides signed a development cooperation grant agreement and held discussions on ongoing and future areas of Ethiopia–China collaboration. Minister Ahmed Shide expressed Ethiopia’s strong appreciation to the Government of China for its continued support through public project financing and foreign direct investment. He reaffirmed Ethiopia’s commitment to strengthening the historic partnership between the two countries and called for enhanced cooperation in financing priority development initiatives, including Ethiopia’s new international airport project. Ambassador Chen Hai reaffirmed China’s commitment to supporting Ethiopia’s development agenda. He highlighted continued cooperation in key areas, including the AI Sovereign Model and Application Project, supplementary works on the Ethio–Djibouti Railway, and sustained engagement under the Comprehensive Agreement on Development and Economic Partnership for Africa (CADEPA). At the conclusion of the meeting, the two parties signed a 200 million RMB grant agreement, which will finance “small but beautiful” development projects designed to deliver quick, tangible results and direct benefits to the Ethiopian people.
OpenAgriNet Digital Network Initiative Launched to Modernize Agricultural Data Systems
Feb 3, 2026 981
Addis Ababa, February 3, 2026 (ENA)—The Ethiopian Agricultural Transformation Institute (ATI) has launched Ethiopia OpenAgriNet (Ethiopia OAN), a national digital initiative designed to establish an interoperable digital public infrastructure that enables secure and consent-based sharing of agricultural data. Officials speaking at the launch said that achieving interoperability and unlocking the full value of agricultural data will require strong collaboration among all stakeholders across the digital ecosystem. Ethiopia OpenAgriNet is expected to play a central role in modernizing the country’s agricultural sector. Ethiopia OpenAgriNet represents a strategic step forward in strengthening agricultural data systems and improving the livelihoods of millions of farmers across the country. The platform is designed to bring together farmers, extension services, markets, climate intelligence, financial services, and government programs into a single, open, interoperable, and trusted digital network. Speaking at the event, Dawit Philipos, Chief Operating Officer of the Agricultural Transformation Institute, said that in agriculture, data has the power to transform productivity, resilience, and livelihoods. However, he noted that agricultural data in Ethiopia continues to face significant challenges. According to Dawit, data gaps and shortages persist, while existing information is fragmented across government institutions, the private sector, and development partners. Much of this data is stored in siloed systems, limiting the ability to develop a comprehensive view of the sector. He also cited limited mechanisms for data verification and validation as a key constraint. He emphasized that Ethiopia OpenAgriNet is designed to address these challenges by integrating fragmented data systems into a unified and interoperable digital framework, enabling more effective and efficient use of agricultural data across the sector. As part of the Digital Ethiopia 2030 strategy, Dawit added that OpenAgriNet will integrate with national digital systems such as Fayda, the country’s digital identification platform, and align closely with the government’s Digital Agriculture Roadmap. ATI Director for Technology and Digital Innovations, Girum Ketema, said the initiative is focused on making technology—particularly artificial intelligence and digital infrastructure—work for smallholder farmers, rather than expecting farmers to adapt to complex digital systems. By combining farmer-controlled data rights with a simple, voice-based interface, he explained, the platform will deliver AI-enabled advisory services, financial solutions, and market linkages to communities that have historically been excluded from the digital economy. For his part, Protean eGov Technologies Ltd Chief Business Officer, Ashish Chatterjee, said the company brings more than three decades of experience in designing and operating India’s Digital Public Infrastructure, including systems for taxation, foundational identity, eKYC, eSign, open digital ecosystems, and e-commerce, along with deep expertise in deploying artificial intelligence at population scale.
Ethiopia’s Finance Minister Meets World Bank Vice President to Strengthen Strategic Partnership
Feb 3, 2026 908
Addis Ababa, February 3, 2026 (ENA)—Ethiopia’s Minister of Finance, Ahmed Shide, today held discussions with Gallina Vincelette, World Bank Vice President for Operations Policy and Country Services, aimed at advancing a new Country Partnership Framework to deepen the longstanding strategic partnership between Ethiopia and the World Bank. The talks focused on strengthening collaboration and aligning future cooperation with Ethiopia’s national development and reform priorities under the World Bank’s new Country Engagement Framework. In a press release sent to ENA, the Ministry of Finance stated that both sides exchanged views on how the evolving framework could more effectively support Ethiopia’s development objectives through a more selective and results-oriented approach. Minister Ahmed Shide welcomed the World Bank’s renewed approach to country engagement, noting that its emphasis on impact and outcomes presents an important opportunity to enhance the effectiveness of the partnership. Gallina Vincelette commended the Government of Ethiopia for its ongoing reform efforts and strong economic management, and reaffirmed the World Bank’s commitment to a robust and forward-looking partnership focused on delivering transformative results. Both parties underscored the importance of a collaborative and inclusive process in the preparation of the new Country Partnership Framework.
Inflation Drops to 9.7 Percent as Gov't Intensifies Structural Measures
Feb 3, 2026 646
Addis Ababa, February 3, 2026 (ENA)—Prime Minister Abiy Ahmed said Ethiopia’s inflation rate has declined to 9.7 percent, marking what he described as a “major achievement” following years of sustained macroeconomic and structural interventions. Responding to questions from members of the House of People’s Representatives today, the Prime Minister outlined the comprehensive measures undertaken to curb inflation and stabilize the cost of living. Through targeted subsidies and income adjustments, alongside reforms in the supply chain and improvements in essential utilities such as electricity and water services, the government has managed to bring inflation down to single digits for the first time in many years. “Through subsidies, income increments, and improvements in the supply chain —including work done in electricity and water—Ethiopia has, for the first time, cut inflation to 9.7 percent. This is a significant achievement. It is a major victory,” PM Abiy stated. However, he acknowledged that further reductions are necessary to ease pressure on citizens. The Prime Minister identified key sectors where sustained, long-term interventions are underway to address the root causes of inflation and alleviate burdens on citizens. The first priority, he said, is ensuring adequate food production and efficient distribution. In this regard, the government has established hundreds of food booths in connection with corridor development projects to improve market access and stabilize prices, he elaborated. The second critical issue is housing. Stabilizing rental prices, even at a moderate level, would significantly relieve workers and urban residents facing escalating living costs, PM Abiy noted. ''We are actively working on a national initiative to construct 1.5 million housing units over the coming years. While this target is ambitious, it remains modest in relation to the country's vast housing demand.'' Transport is the third major area of focus, he pointed out, adding that the government is transitioning public transportation systems to operate on natural gas fuel. “We are removing existing engines from buses we manufacture and installing natural gas-powered engines in the buses we are producing. We are manufacturing buses that run on natural gas,” the Prime Minister elaborated. He acknowledged that the process has been technically demanding due to shortages of skilled and adequately trained professionals. Converting conventional engines to gas-powered systems initially required considerable time and expertise. “Although the process has been challenging, in the next six months we will complete the majority of the conversions. Beginning next year, at least in Addis Ababa — and progressively in other cities and regions— we will expand natural gas-powered vehicles that reduce transportation costs,” he said. Education and school feeding programs also form part of the government’s inflation mitigation strategy, he said. Expanding feeding programs is essential to protect vulnerable communities and ensure that poverty does not prevent children from attending school, he noted. Beyond price stabilization, the Prime Minister underscored the importance of raising incomes as a durable solution to inflationary pressures. “Income grows when the economy grows,” he said, linking macroeconomic expansion with improved household purchasing power. He added that the combined impact of current reforms and structural measures will gradually ease inflationary challenges. “The results we have achieved are impressive. But the work that remains is substantial,” the Prime Minister concluded. The government’s approach signals a shift from short-term stabilization measures toward long-term structural solutions aimed at enhancing supply capacity, reducing systemic bottlenecks, and strengthening citizens’ purchasing power.
Some 2.6 Million Ethiopians Secured Jobs in Six Months: PM Abiy
Feb 3, 2026 508
Addis Ababa, February 3, 2026 (ENA)—Some 2.6 million Ethiopians have benefited from job opportunities over the past six months, according to Prime Minister Abiy Ahmed. Speaking on employment creation today, he told the House of People's Representatives that this achievement reflects the government’s commitment to expanding work opportunities across the country. He stated that more than 670,000 citizens have secured employment in just the last 20 days alone. This happened due to corridor deployments in the capital city and regional cities, industry, and agriculture, mines, and mega projects as well as the new free trade zones. The PM added that overseas employment in six months grew to 350,000, out of which up to 10,000 were skilled professionals. Compared to the same period last year, PM Abiy said, jobs have increased significantly in the past six months.
Ethiopia, European Investment Bank Sign 110 Million Euro Loan
Feb 3, 2026 494
Addis Ababa, February 3, 2026 (ENA)—The Government of the Ethiopia and the European Investment Bank (EIB) have signed a 110-million Euro loan agreement to support the implementation of the Rural Finance and Development Project. The project aims to improve access to finance for micro-enterprises and small businesses to promote sustainable agricultural and economic practices across all regions. Accordingly, the Development Bank of Ethiopia will channel funds to Rural Financial Institutions, including microfinance institutions and cooperatives, it was learned. The project's financing is further complemented by ongoing co-financing from the International Fund for Agricultural Development (IFAD), including a grant of 35.1 million USD and a loan of 4.8 million USD, as well as additional European Union (EU) support, comprising a Technical Assistance Grant of 8.5 million euros and a separate grant of 8.26 million euros, implemented by IFAD. According to Ministry of Finance, the signing of this landmark support shows a significant strengthening of the longstanding partnership between Ethiopia and the European Investment Bank (EIB). The agreement was signed by Finance Minister Ahmed Shide and Diederick Zambon, European Investment Bank Public Sector Division Head.
Federal Revenue Annual Plan Target Revised Upwards to 1.5 Trillion Birr
Feb 3, 2026 320
Addis Ababa, February 3, 2026 (ENA)—The federal revenue collected in the first six months of the fiscal year has reached 709 billion Birr, prompting the government to revise its annual target upwards from 1.2 trillion Birr to 1.5 trillion Birr, Prime Minister Abiy Ahmed told the House of People's Representatives today. Presenting the government’s mid-year fiscal performance, the Prime Minister recalled that the administration submitted a plan to collect 1.2 trillion Birr annual revenue. However, performance during the first half of the fiscal year indicates stronger-than-anticipated momentum. “In six months alone, we have collected 709 billion Birr,” PM Abiy stated. Moreover, revenue mobilization has accelerated in recent weeks as 85 billion Birr was collected in just the past 25 days. Based on the trends, the Prime Minister noted that revenue collection is projected to reach between 810 and 815 billion Birr in the remaining months of the fiscal year, positioning the government to significantly exceed its original target. “As a result, we are revising our plan upward —from 1.2 trillion Birr to 1.5 trillion Birr,” he announced. The premier further stated that total combined federal and regional collections would reach 2.5 trillion Birr, if regional states mobilize 1 trillion Birr in revenue. Such performance would increase the government revenue to approximately 9 percent of gross domestic product (GDP), reflecting strengthened domestic resource mobilization and improved fiscal capacity. Prime Minister Abiy underscored that the enhanced revenue performance demonstrates growing economic activity, improved tax administration, and expanding compliance, reinforcing the government’s efforts to build a more self-reliant and resilient economy.
Industrial Production Capacity Rises to 66.3 Percent
Feb 3, 2026 376
Addis Ababa, February 3, 2026 (ENA)—Ethiopia’s industrial sector is demonstrating sustained recovery and expansion with production capacity rising to 66.3 percent from 47 or 48 percent three years ago, PM Abiy said. Responding to questions during the 10th regular session of the House of People's Representatives, the premier elaborated on the progress achieved under the “Ethiopia Tamirt” (Made in Ethiopia) manufacturing movement launched nearly three years ago. “When we began the Ethiopia Tamirt movement about three years ago, industries in Ethiopia were operating at only 47 to 48 percent capacity. Today, they have reached 66.3 percent, and the trend shows no sign of slowdown,” he stated. He further revealed that industrial energy consumption alone increased by 16 percent over the past six months, reflecting expanding production activity. A recent nationwide business census conducted to better understand national wealth and strengthen revenue administration identified 2.6 million enterprises. Of these, 17 percent —approximately 413,000, are engaged in manufacturing activities. The Prime Minister noted that reforms in access to credit, land provision, and technology transfer have significantly improved the sector’s performance. He further recalled informing the House about the government’s strategy to attract and prioritize anchor investors capable of substantially expanding export capacity. “If we identify and bring in anchor investors strategically, they will significantly enhance our export potential.” The PM cited as an example a solar panel manufacturing company brought from Vietnam, which exported products worth 66 million USD in just six months. “In terms of export performance, this company has delivered results that many companies have not achieved,” he emphasized. In addition, five anchor investors engaged in solar cell manufacturing have been secured, with some already commencing operations and all expected to become fully operational next year. “From solar energy products alone, we expect to generate 900 million USD next year,” the premier disclosed. Furthermore, industrial export performance has doubled over the past two years, according to PM Abiy. Through the Ethiopia Tamirt initiative, the country has achieved substantial import substitution. Products that previously required 3.4 billion USD in foreign exchange have now been replaced with domestic production, he stated. Beginning next year, Ethiopia will, for the first time in its history, launch industrial sector investments measured in billions of dollars, PM Abiy added. Moreover, excluding import substitution gains, industrial growth this year is projected to double last year’s expansion.
Successful Completion of GERD Proves Ethiopia’s Capacity to Execute World-Class Infrastructures, Says PM
Feb 3, 2026 594
Addis Ababa, February 3, 2026 (ENA)—The successful completion of the Grand Ethiopian Renaissance Dam (GERD) proves that Ethiopia possesses the institutional capacity to execute world-class infrastructures independently, Prime Minister Abiy Ahmed said today. Ethiopia built the Grand Ethiopian Renaissance Dam (GERD) entirely without external aid or loans, he stated, noting that the dam is a collective national triumph realized through unity, financial contributions, and resilience of the Ethiopian people. “We have not received a single Birr in aid or loans for the GERD. The project has been realized entirely through the hard work, dedication, and contributions of our people,” the premier stated, stressing that the dam is fully executed and owned by the Ethiopian government and its citizens. Responding to questions posed by members of the House of People’s Representatives, the Prime Minister also said Ethiopia’s ongoing development momentum has not stopped with GERD. “Construction is already underway on Africa’s third-largest Koysha Dam, alongside wind power plants, the continent’s largest airport, and a fertilizer plant as well as a gas refinery whose first phase is complete and the second underway.” According to PM Abiy Ethiopia is setting a model for project execution across Africa, highlighting the government’s approach of managing mega-projects from construction to completion. He added that the culture of working around the clock, seven days a week, is taking root and expanding across various regions, fueled by ongoing projects and corridor development.
Ethiopia’s Reform Drive Spurs Growth, Tech Investment and Financial Stability: PM Abiy
Feb 3, 2026 658
Addis Ababa, February 3, 2026 (ENA)—Prime Minister Abiy Ahmed said Ethiopia’s comprehensive economic reform is delivering broad-based gains across key sectors, enabling the country to target 10.2 percent economic growth in the current Ethiopian fiscal year. Addressing the House of People’s Representatives today, the Prime Minister underscored that the nation’s economy is experiencing tangible and sustained growth, driven by bold and far-reaching reform measures designed to stabilize the macroeconomy, enhance the quality of growth, and ease the national debt burden. According to Prime Minister Abiy, the reform agenda has recorded substantial achievements in all spheres of national development. For him, Ethiopia is one of the countries that have achieved leading economic growth without having oil resources. Based on a review of the growth performance over the past six months of the current fiscal year, the plan has been revised to project that Ethiopia will record 10.2 percent growth by the end of the year. This forecast is closely aligned with the projection of the International Monetary Fund. Central to these gains has been a strong emphasis on technology, particularly artificial intelligence—and early childhood education. He further highlighted both areas as standout success stories, noting that long-term development can only be sustained through robust skills development and human capital investment. The Prime Minister also cited mega infrastructure development that are being executed including corridor development and climate-resilient economic growth as major pillars of progress. What began as a modest initiative has now expanded nationwide, reshaping urban and economic landscapes across the country. Complementing this effort, Ethiopia’s Green Legacy Initiative has earned international recognition, emerging as a model for environmental stewardship across Africa and beyond. Turning to fiscal year projections, Prime Minister Abiy revealed that Ethiopia has revised its growth target upward—from an initial 9.2 percent to 10.2 percent—following a review aligned with International Monetary Fund projections, which estimate growth at 9.3 percent. The adjustment reflects confidence in the country’s economic momentum and reform trajectory. The financial sector, too, has undergone significant transformation, with progressive and comprehensive reforms driving notable improvements and reinforcing broader economic gains, the Prime Minister said. Looking ahead, Prime Minister Abiy noted that five of the world’s ten fastest-growing economies in 2025 are expected to be African nations, a powerful indication, he emphasized, of the continent’s vast and growing potential for economic expansion in the years to come.
Mobile Money Users Reach 58 Million as Digital Transactions Surge 60 Percent: PM Abiy
Feb 3, 2026 437
Addis Ababa, February 3, 2026 (ENA)—Ethiopia’s mobile money ecosystem has expanded at an unprecedented pace, with 58 million citizens using digital wallet services, Prime Minister Abiy Ahmed told the House of People's Representatives. Responding to questions of lawmakers today, the PM underscored that Ethiopia’s transition from a cash-dominated economy to a digitally driven financial system represents one of the most significant structural shifts in the country’s recent economic history. “It has been only three years since we introduced mobile money. Today, 58 million Ethiopians are using mobile money services,” PM Abiy said. He noted that prior to the reform, financial transactions were cash-based. However, the introduction of mobile money has fundamentally altered the landscape. Describing the pace of change as transformative, the premier stated that Ethiopia is moving from cash to mobile wallets at a “leapfrogging speed,” emphasizing that the achievement is the outcome of deliberate policy direction. According to him, digital payments have increased by 60 percent over the past six months alone, marking a similarly strong 60 percent growth compared to the previous year. The expansion of mobile-based financial services is also driving broader financial sector improvements. Savings has grown by 15 percent, financial inclusion by 11 percent, and mobile-based lending services reached 15 percent penetration. The rapid uptake of mobile money has been supported by parallel growth in telecommunications infrastructure. At the beginning of the reform period, only 37 million Ethiopians had mobile subscriptions. Today, more than 97 million citizens use mobile services, creating a strong foundation for digital finance expansion.
PM Abiy Says Ethiopia’s Far-Reaching Reforms Deliver Gains in Early Education, Urban Dev’t
Feb 3, 2026 579
Addis Ababa, February 3, 2026 (ENA)—Prime Minister Abiy Ahmed said Ethiopia’s long-term national reform agenda is delivering notable results, particularly in the expansion of early childhood education, planned urban development, and investments in future-oriented technologies, including artificial intelligence. Addressing members of the House of People's Representatives during the 10th regular session of its fifth year, the Prime Minister said the government is increasingly focused on building future-ready citizens by investing early in education and technology. “Early childhood education is one of our top priorities,” Prime Minister Abiy said, stressing that early investment is key to creating a competitive and capable generation prepared for the demands of tomorrow. According to the Prime Minister, more than 34,000 kindergartens have been constructed nationwide over the past five to six years, enabling over four million children to access early childhood education programs across the country. “These children are the hope of Ethiopia,” he said, noting that early preparation will allow future generations to compete effectively in a rapidly changing global environment. Looking ahead, Prime Minister Abiy said Ethiopia is preparing for the rapid urbanization expected across Africa by 2050, with a strong emphasis on planned, inclusive, and sustainable city development. Urbanization is inevitable, PM Abiy underscored. And he argued that: “What matters is that our cities are planned, built by plan, and lived in by plan.” The premier pointed to visible progress in Addis Ababa and several regional cities, where corridor development and urban renewal projects are currently underway. While acknowledging that the initiatives began on a modest scale, he said the transformation is now expanding to multiple urban centers. “This may be a humble beginning, but we kept our word,” the Prime Minister said. “We started from our immediate surroundings, and today the change is spreading to many cities.” He cautioned against overconcentration of development in a single city, emphasizing that sustainable growth requires adequate infrastructure, sound planning, and balanced urban expansion. “All people cannot live in one city,” Prime Minister Abiy said, warning that poor planning and insufficient infrastructure would make long-term urban development unsustainable
MPs Directing Queries to Prime Minister Abiy on National Priorities at Parliamentary Session
Feb 3, 2026 1014
Addis Ababa, February 3, 2026 (ENA)—Members of Ethiopia’s House of Peoples’ Representatives (HPR) on Tuesday directed questions to Prime Minister Abiy Ahmed during a regular parliamentary session, as he appeared before the House to present clarifications on the federal government’s performance report for the first half of the 2018 Ethiopian fiscal year. During the session, lawmakers raised a wide range of issues, including preparations for the upcoming 7th general election, the ongoing national dialogue process, and the country’s overall economic development trajectory. Peace and security matters also featured prominently, particularly recent developments in the Tigray region. Several MPs underscored the importance of ensuring a peaceful, inclusive, and democratic general election scheduled for June, while also highlighting the need to advance the nationwide dialogue process. They called on political elites to refrain from conflating partisan political discourse with national interests, stressing that prolonged political polarization has come at a significant cost to the country. In addition, lawmakers questioned the Prime Minister on government efforts related to employment and job creation, disarmament, demobilization and reintegration (DDR), the return and resettlement of internally displaced persons, improvements in the health sector, rising living costs, and measures being taken to address these challenges. At the same time, members of the House expressed appreciation for the government’s leadership under Prime Minister Abiy Ahmed, noting its role in steering the country through unprecedented internal and external challenges in recent years. MPs commended the government’s performance in sustaining economic growth and advancing strategic development projects across key sectors. They specifically cited achievements in riverside development projects, energy infrastructure expansion, corridor development initiatives, aviation sector growth, and other mega projects. According to the lawmakers, Ethiopia has recorded notable progress in macroeconomic stability despite mounting global and domestic pressures. Further praise was extended to success stories in economic diplomacy, infrastructure development, and social sectors. MPs highlighted flagship initiatives such as the Grand Ethiopian Renaissance Dam (GERD), the Green Legacy Initiative, agricultural transformation efforts, and tourism development programs. The House of Peoples’ Representatives is holding its 6th regular meeting and 10th regular session of the fifth year of its current term, with Prime Minister Abiy Ahmed attending the session in person.
Ethiopian Coffee Remains Strategic Asset and Living Heritage: Agriculture Ministry
Feb 2, 2026 1154
Addis Ababa, February 2, 2026 (ENA)—The Ethiopian Ministry of Agriculture has reaffirmed that coffee is far more than an export commodity, describing it as a living cultural heritage, a cornerstone of social life and a strategic economic asset for both Ethiopia and Africa. The remarks were made during a high-level policy forum held on Tuesday as part of the 3rd African Coffee Week in Addis Ababa. Speaking at the forum, State Minister of Agriculture Meles Mekonnen said coffee sustains the livelihoods of more than four million smallholder farmers in Ethiopia and plays a critical role in connecting African communities to global markets. “Coffee is far more than a tradable commodity. It is and will remain one of Africa’s most powerful symbols and strategic assets,” Meles said. Despite its immense economic and cultural significance, he warned that the sector is facing growing challenges, particularly due to climate change. Shifting rainfall patterns, rising temperatures and increasing pest pressures are already threatening the fragile ecosystems that support coffee production, he noted. Meles stressed that smallholder farmers are on the frontline of these impacts, underscoring the urgency of building climate resilience and sustainably transforming Africa’s coffee sector. As Africa’s largest coffee producer, Ethiopia has placed the sector at the center of its national development agenda, according to the state minister. He said the government is investing in climate-smart agriculture, quality assurance systems and market transparency, while ensuring women and youth remain key beneficiaries of ongoing reforms. He also called for a structural shift in Africa’s position within the global coffee value chain, urging the continent to move beyond exporting raw beans toward producing high-value, branded coffee products. Meles highlighted the African Continental Free Trade Area (AfCFTA) as a historic opportunity to build regional value chains and create quality employment, particularly for young people. “Investments in climate-smart production systems and sustainable land management are not optional; they are economically prudent,” he said. “Together, we can cultivate a coffee industry that is economically vibrant and deeply rooted in Africa’s rich heritage.” AU Commission Chief of Staff Mohamed El Amine Souef emphasized the need for strong collaboration to translate strategies into tangible benefits for farmers, processors and exporters. He pointed to recent initiatives, including the launch of harmonized African coffee standards, aimed at strengthening the continent’s competitiveness in global markets. “Coffee brings people from diverse cultures together for mutual benefit,” Souef said, calling for sustained efforts to elevate Africa’s coffee sector worldwide. UNIDO Representative and Director of the Sub-Regional Office, Stephen Kargbo, noted that coffee remains one of the world’s most traded agricultural commodities and is vital for economic development. He said coffee accounts for up to one-third of Ethiopia’s export earnings, yet continues to face challenges such as climate change, price volatility and structural constraints. “No single institution or government can address these issues alone,” Kargbo said, stressing the importance of collective action and innovative financing mechanisms. Italian Ambassador to Ethiopia, Sem Fabrizi, highlighted coffee’s deep cultural roots in the country, describing it as a living repository of biodiversity and tradition. He said Italy has long supported Ethiopia’s coffee sector through development cooperation, technical assistance and research partnerships. Fabrizi underscored the importance of sustainable practices, improved access to finance for smallholder farmers and value addition at origin. He reaffirmed Italy’s commitment to significantly increase financial support for Ethiopia’s coffee sector through the Italian Climate Fund, noting that Italy will continue partnering with Ethiopia to meet growing global demand for quality, traceability and sustainability in coffee production.
January 2026 Marks Strategic Breakthroughs as PM Abiy Advances Ethiopia’s Peace and Development Agenda
Feb 2, 2026 1603
Addis Ababa, February 2, 2026 (ENA)—In January 2026, Prime Minister Abiy Ahmed led a concentrated series of initiatives advancing Ethiopia’s national interests, sustainable peace, and long-term development. The month was defined by major progress in aviation, energy, logistics, tourism, institutional reform, and national security, alongside intensified regional and international diplomacy. National Affairs and Strategic Development Domestically, the Prime Minister delivered a keynote lecture at the 75th anniversary of Addis Ababa University, highlighting the role of intellectuals and higher education institutions in innovation, applied research, and national prosperity under the Medemer State vision. He inaugurated the Tulu Arara Integrated Model Village, providing dignified housing and sustainable livelihoods for 150 households through modern infrastructure, renewable energy, and integrated agricultural value chains. A landmark achievement was the groundbreaking of Bishoftu International Airport, set to become Africa’s largest aviation infrastructure project. With an initial capacity of 60 million passengers፣ expanding to 110 million፣ supported by a modern highway and high-speed rail link, the project positions Ethiopia among the world’s leading aviation hubs. The Prime Minister emphasised Ethiopian Airlines’ resilience, safety culture, and institutional strength as pillars of national pride. He also presided over the Finance Forward Ethiopia Conference, reviewing progress in fiscal management, financial-sector reform, capital markets, and public enterprise reform, and reaffirming institution-building as a central responsibility of government. Reflecting people-centered leadership, Prime Minister Abiy and the Council of Ministers shared holiday support with low-income staff and orphans supported by the Office of the Prime Minister, underscoring leadership grounded in human connection. Security, Aviation, and National Capacity The Prime Minister attended Aviation Expo 2026 and the “Black Lion” air show marking the 90th anniversary of the Ethiopian Air Force, affirming its historic role and current peak operational capability supported by advanced technology. Earlier in the month, he conducted an on-site inspection of the Air Force, reviewing readiness and reaffirming Ethiopia’s deterrence capacity. Tourism, Energy, and Sustainable Growth January marked a significant expansion of Ethiopia’s tourism portfolio under the Dine for Generations initiative. Denbi Eco Lodge officially opened, showcasing sustainable, conservation-based tourism. This was followed by the inauguration of Shabeely Resort, a flagship 385-hectare destination featuring cultural venues, hospitality facilities, parks, and community spaces designed to celebrate Ethiopia’s natural and cultural heritage and position the country as a leading African tourism destination. In the energy sector, Ethiopia achieved a major milestone with the inauguration of the Aysha-II Wind Power Project, strengthening renewable energy diversification and reinforcing reliable power as the foundation of a technology-driven economy. Rural Development, Education, and Institutional Reform During visits to South West Ethiopia, the Prime Minister reviewed integrated rural development projects in Guraferda Woreda and, together with the First Lady, inaugurated a new boarding school in Surma Woreda, providing comprehensive educational facilities for underserved communities. He also visited the Immigration and Citizenship Services to assess digitised service delivery reforms and reviewed logistics readiness during an inspection of the Ethio–Djibouti Railway Corporation, highlighting progress in rail construction, dry ports, highways, and warehousing. Regional and International Engagements On the diplomatic front, Prime Minister Abiy received the Presidents of Djibouti and Somalia at Jigjiga Airport, underscoring Ethiopia’s commitment to regional cooperation and stability. He also held high-level engagements with China’s Foreign Minister Wang Yi and senior United States officials. Additionally, the Prime Minister met with the United Kingdom’s Secretary of State for Foreign, Commonwealth and Development Affairs, Rt. Hon. Yvette Cooper. The meeting included the signing of a Memorandum of Understanding on public investment and asset management and agreements for two critical power transmission projects; Hurso–Aysha 400 kV and Degehbur–Kebridehar 132 kV; advancing strategic infrastructure cooperation. Overall, January 2026 was marked by accelerated strategic projects, expanded renewable energy capacity, strengthened national defense, and active regional and global diplomacy under Prime Minister Abiy Ahmed’s leadership, reinforcing Ethiopia’s trajectory toward modernization, resilience, and long-term prosperity.
Ethiopia’s GLI Boosts Honey Production, Expands Opportunities for Women and Youth: UNIDO
Feb 2, 2026 1165
Addis Ababa, February 2, 2026 (ENA)—Ethiopia’s Green Legacy Initiative (GLI) is strengthening honey production while opening new income opportunities for women and young people, according to the United Nations Industrial Development Organization (UNIDO). In an interview with ENA, UNIDO Country Representative Stephen Bainous Kargbo said the country’s beekeeping drive is a major intervention that links environmental restoration with sustainable livelihoods. “Organized cooperatives, many of them led by women producers, are playing a central role in transforming the sector,” Kargbo said. He noted that UNIDO is encouraging young people to take up apiculture as a viable business. “Beyond boosting biodiversity, bees offer a profitable venture that can be adapted to different locations,” he added. Kargbo stressed that turning apiculture into a competitive and export-oriented industry requires strict standards and consistent quality across the value chain. “From production to processing, interventions must ensure honey meets market requirements, including proper testing laboratories and certification,” he said, noting that such measures protect producers from losses and help Ethiopian honey secure premium prices on international markets. According to Kargbo, these efforts can significantly improve livelihoods, particularly for women and youth, while supporting Ethiopia’s broader economic goals. He added that UNIDO works closely with government institutions and development partners to advance the country’s industrial and agricultural priorities. Ethiopia’s diverse ecology, from coffee growing lowlands to cool highlands, gives it a strong advantage in producing distinctive honey varieties. Kargbo said the ongoing formalization of the sector through inclusive cooperatives is key to unlocking this potential. He expressed confidence that new regulations and alignment with international standards will help rebuild capacity and restore Ethiopia’s position in the global honey market. “Our interventions aim to increase export volumes, generate income for the economy, and create jobs,” he said. Kargbo also noted the role of the Green Legacy Initiative in sustaining apiculture by strengthening natural ecosystems. “Bees, plants, flowers, and forests are natural allies,” he said. “The initiative supports bee populations by expanding forage, which is essential for producing honey and other byproducts. Green development is central to the expansion of apiculture as a business.” Reflecting on his experience in Sierra Leone, he said local flora determines honey flavor, citing coffee scented honey from coffee zones and cocoa infused honey from cacao areas. He added that Ethiopia’s varied landscapes offer similar prospects for differentiated products based on pollen sources. Reforestation and greening efforts, Kargbo said, benefit not only beekeeping but also environmental protection, public health, and long-term economic growth.
Ethiopia, UK Deepen Strategic Partnership with New Investment and Energy Agreements
Feb 2, 2026 779
Addis Ababa, February 1, 2026 (ENA)— Ethiopia and the United Kingdom have reaffirmed their long-standing partnership, signing new cooperation agreements aimed at supporting economic reforms, strengthening public investment systems, and expanding green energy and power transmission infrastructure. Prime Minister Abiy Ahmed yesterday welcomed Rt. Hon. Yvette Cooper, the United Kingdom’s Secretary of State for Foreign, Commonwealth and Development Affairs, for high-level talks in Addis Ababa. The discussions focused on strengthening bilateral cooperation and advancing shared development priorities that benefit both nations and their peoples. New Agreements Signed The meeting culminated in the signing of three major cooperation documents spanning economic reform, public investment management, and energy infrastructure. UK Keens to Support Ethiopia’s Public Investment Reforms A Memorandum of Understanding was signed to launch Phase II of the Ethiopia Investment Advisory Facility (EIAF), with a particular focus on establishing a Public Investment and Asset Management (PIAM) Facility for the period 2025/26 to 2028/29. Under the agreement, the UK Government will provide up to £17.5 million in technical assistance to strengthen Ethiopia’s public investment and asset management systems. The programme supports the implementation of Ethiopia’s Homegrown Economic Reform Agenda and aims to improve conditions for export-oriented, private-sector-led, and inclusive economic growth to ensure sustainable economic transformation. Landmark Agreement on Power Transmission Projects The two governments also advanced cooperation in the energy sector through a Joint Development Agreement (JDA) signed with Gridworks, the UK government-owned investor in Africa’s electricity networks. The agreement covers Ethiopia’s first two privately financed electricity transmission projects, with a combined estimated value of around 400 million US dollars. The joint development agreement was signed by Ahmed Shide, Ethiopia’s Minister of Finance, and Chris Flavin, CEO of Gridworks, and witnessed by Prime Minister Abiy Ahmed and UK Foreign Secretary Yvette Cooper during her official visit. Gridworks is a subsidiary of British International Investment (BII), the UK’s development finance institution. The agreement applies to the development of two major transmission lines: A 206-kilometre, 132 kV Degehabur–Kebridehar line, connecting Ethiopia’s Somali Region with the central and northeastern grids; and A 198-kilometre, 400 kV Hurso–Ayisha line, designed to unlock wind and solar energy potential in northeastern Ethiopia and strengthen interconnection with Djibouti. The projects are expected to increase power supply to meet growing industrial demand, support renewable energy integration, strengthen Ethiopia’s national grid, and enhance regional interconnectivity. In the long term, they will also contribute to rural electrification across Africa’s second-most populous country. Addressing Power Access Gaps Ethiopia faces an urgent need to expand electricity access, with roughly half of the population currently without power and industries experiencing frequent outages. The new transmission investments are expected to play a critical role in supporting economic growth and improving reliability. Minister of Finance Ahmed Shide said the projects align with Ethiopia’s long-term development ambitions. “The Government of Ethiopia has set a target to connect 96 percent of citizens to the grid and increase power availability to nearly 20 gigawatts by 2030 under the Ethiopia 2030: Ten-Year Development Plan,” he said. “These projects will bolster industrial growth, improve power reliability, and accelerate electrification for millions of households.” Regional and Continental Impact Transmission investment is widely recognised as essential across Africa, where around 650 million people still lack access to electricity. Businesses on the continent face an average of one week of power outages per month, underscoring the importance of reliable grid infrastructure. The projects also mark a significant step in mobilising private financing for transmission, following the successful model of independent power producers. Gridworks CEO Chris Flavin welcomed the partnership, noting that the projects support Ethiopia’s national development goals and its ambition to deliver affordable, reliable power to industry and households alike. UK Ambassador to Ethiopia and Permanent Representative to the African Union H.E. Darren Welch said the agreement demonstrates the UK’s commitment to being a strong investment partner. “Transmission infrastructure is fundamental to growth, job creation, and improving lives, and these projects will help unlock Ethiopia’s vast renewable energy potential,” he said. Ashebir Balacha, CEO of Ethiopia Electric Power, highlighted the importance of international partnerships in strengthening the national grid and delivering critical infrastructure. Meanwhile, Abebe Gebrehiwot Yihdego, Head of the PPP Unit at the Ministry of Finance, described the projects as Ethiopia’s first public-private partnerships in power transmission, paving the way for further private investment in the sector. BII’s Managing Director and Head of Africa Chris Chijiutomi noted that expanding access to affordable, clean energy remains a core development priority, adding that the projects will significantly improve livelihoods once completed. The transmission projects form part of a broader portfolio of electricity network investments being developed by Ethiopia Electric Power to help meet the country’s Mission 300 energy access targets.
Ethiopia, UK Sign Key Power Transmission Agreements in Meeting Presided Over by PM Abiy
Feb 1, 2026 4160
Addis Ababa, February 1, 2026 (ENA—Ethiopia and the United Kingdom have signed major cooperation agreements aimed at strengthening public investment management and expanding Ethiopia’s strategic power transmission infrastructure, following high-level talks presided over by Prime Minister Abiy Ahmed. The agreements were concluded during a meeting between Prime Minister Abiy and the United Kingdom’s Secretary of State for Foreign, Commonwealth and Development Affairs, Rt. Hon. Yvette Cooper, where they discussed key bilateral relations as well as regional issues of mutual interest. As part of the engagement, the two sides oversaw the signing of a Memorandum of Understanding (MoU) on Technical Cooperation in Public Investment and Asset Management under the Ethiopia Investment Advisory Facility. The MoU is designed to enhance Ethiopia’s institutional capacity in managing large-scale public investments and strategic assets. In addition, Ethiopia and the UK witnessed the conclusion of a joint development agreement for two critical power transmission projects: the Hurso–Aysha 400 kilovolt (kV) Transmission Project and the Degehbur–Kebridehar 132 kV Transmission Project. The projects are expected to play a key role in expanding electricity access, improving grid reliability, and supporting economic growth in eastern parts of the country. In a statement shared on social media, Prime Minister Abiy Ahmed said the agreements mark a significant step forward in Ethiopia’s development agenda. “During the meeting, we oversaw the signing of a Memorandum of Understanding for Technical Cooperation on Public Investment and Asset Management under the Ethiopia Investment Advisory Facility. We also witnessed the conclusion of a joint development agreement for two critical power transmission projects: the Hurso–Aysha 400 kV Transmission Project and the Degehbur–Kebridehar 132 kV Transmission Project,” the Prime Minister stated. He added that the agreements reflect Ethiopia’s commitment to strengthening cooperation with international partners while advancing strategic infrastructure development that supports long-term economic transformation. The power transmission projects are expected to enhance connectivity within Ethiopia’s national grid and support the country’s broader efforts to expand reliable energy supply for industrial development and regional integration.
Ethiopia Solidifies Position as Regional Powerhouse, Emerging as Africa’s Renewable Energy Leader
Feb 1, 2026 2112
Addis Ababa, February 1, 2026 (ENA— Ethiopia is translating long-held development ambitions into concrete achievements, reinforcing its role as a regional powerhouse and positioning itself as Africa’s leading renewable energy hub, according to the Government Communication Service (GCS). In a statement released today, GCS highlighted the inauguration of major development projects under the leadership of Prime Minister Abiy Ahmed, noting that these milestones reflect Ethiopia’s growing influence as a driver of economic transformation and regional integration in East Africa. Among the key projects inaugurated is the Aysha-II Wind Farm, the first of its kind along East Africa’s premier wind corridor. The project marks a significant step toward Ethiopia’s renewable energy sovereignty, supplying reliable power to domestic industries while strengthening economic and energy cooperation with neighboring countries. The statement also pointed to the opening of the Shebele Resort as evidence of Ethiopia’s commitment to integrating cultural heritage with modern tourism development. By leveraging its natural and historical assets, the country aims to expand tourism revenues and create new opportunities for sustainable economic growth. Prime Minister Abiy Ahmed, quoted in the statement, said the true measure of success lies not only in launching projects but in cultivating a culture of efficiency and completion. “The greatest victory today is not only completing projects but fostering a culture of efficiently starting and finishing transformative initiatives. This is our identity,” he said. According to GCS, the Prime Minister emphasized Ethiopia’s capacity to implement rapid, large-scale development through focused leadership and strong public unity. The presence of regional leaders at the inauguration ceremonies further underscored Ethiopia’s inclusive development vision, which seeks to extend benefits beyond its borders and deepen regional cooperation. Ethiopia’s expanding portfolio of clean energy projects—spanning hydropower, geothermal, and wind—has positioned the country as a continental and global leader in sustainable development. These initiatives are contributing to reduced greenhouse gas emissions while ensuring long-term energy security for the region. The statement also noted that the transformation of formerly conflict-affected areas into centers of development sends a powerful message that peace and progress are mutually reinforcing. Ethiopia’s shift from aspiration to achievement, the statement concluded, reflects its determination to serve as a source of pride for Africa. The government reaffirmed its commitment to continued collaboration with neighboring countries to promote shared prosperity and called on citizens to seize this historic moment as a foundation for sustained growth and excellence.
Adwa Victory Memorial Emerges as Powerful Symbol of Ethiopia’s National Heritage, Draws Visitors
Feb 1, 2026 991
Addis Ababa, February 1, 2026 (ENA—The Adwa Victory Memorial continues to attract thousands who see it as a vibrant symbol of Ethiopia’s historic stand against colonialism and a testament to the nation’s enduring spirit. This landmark commemorates the 1896 Battle of Adwa, where Ethiopian forces achieved a decisive victory over Italian invaders, safeguarding the country’s sovereignty and inspiring oppressed peoples across the globe. Yoseph Beka, Director General of the Adwa Victory Memorial, told ENA that over 350,000 visitors from Ethiopia and abroad toured the site in the last six months, underscoring its significance not only as a historical monument but also as a place for reflection and education. He highlighted the deep pride Ethiopians feel for their ancestors’ sacrifices, which resonate beyond Ethiopia’s borders, inspiring Black communities worldwide. At a time when much of Africa was under colonial rule, the victory preserved Ethiopia’s independence and made the country a global symbol of resistance, dignity, and self-determination for African and Black peoples worldwide. The battle united Ethiopians from across regions and backgrounds under the leadership of Emperor Menelik II and Empress Taytu Betul, leaving a legacy that continues to inspire generations. He emphasized that the sacrifice of Ethiopia’s forefathers in defending the country’s honor and independence remains a profound source of pride, not only for Ethiopians but also for oppressed Black peoples worldwide. The Adwa Victory, celebrated annually, is recognized as one of the greatest triumphs of Black peoples against colonial aggression, underscoring its lasting historical and symbolic importance. Built in the heart of Addis Ababa, the memorial was established to preserve and pass on to future generations the legacy of heroism, unity, and patriotism demonstrated at Adwa. It serves to deepen understanding of the price paid for national unity and inspire citizens to contribute to the country’s shared goals. Yoseph described the memorial as a permanent tribute to the fierce struggle of Ethiopia’s ancestors, a living testimony that helps current and future generations grasp the history of the Adwa victory and foster a shared national narrative. He also noted the memorial’s role as a major tourism destination, with more than 10,000 of the recent visitors being teenagers, a meaningful indicator of growing historical awareness and collective identity among youth. “The Adwa Victory Memorial narrates our shared history, anchors our hopes for tomorrow, and forms the foundation of our collective narrative,” he said, adding that today’s generation, like the heroes of Adwa, is expected to make its own lasting contribution to the country’s development. Ethiopians living abroad have also expressed strong appreciation for the memorial and said the site vividly illustrates the immense sacrifice their ancestors made for the unity and sovereignty of the nation. Kia Yadene, an Ethiopian born in Italy, said the Adwa Victory Memorial powerfully commemorates the extraordinary struggle of Ethiopian patriots and serves as a national narrative that conveys hope and courage not only to Ethiopians but also to Black people around the world. Another visitor, Azeb Yadene, an Ethiopian living in California, the United States, shared her experience during her first visit. “It’s my first time here, and it’s very beautiful. I know that it was built two years ago to commemorate the many Ethiopians who refused to surrender to colonialism,” she said. “The sacrifices of Ethiopians during that time were a great inspiration not only for Ethiopia but also for Africa, and they sent a powerful message to the world. I am very happy to be here,” she added. According to her, the memorial offers an important opportunity to learn more about the history of Adwa and pass it on to future generations.