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Addis Ababa Emerges as Symbol of Africa’s Transformation, Influencers Say
May 9, 2026 747
Addis Ababa, May 9, 2026 —Ethiopia’s capital is becoming a powerful symbol of Africa’s transformation, helping to challenge long-standing stereotypes and reshape global perceptions of the continent, African Social Media Influencers said Participants at the African Social Media Influencers Summit (ASMIS 2026) in Addis Ababa emphasized that Addis Ababa reflects a new African reality marked by modern infrastructure, rapid urban development, improved security, and a growing creative economy. In an exclusive interview with ENA, Nigerian influencer Isaac S. Iwarek, popularly known as Young15, said his visit to Addis Ababa had significantly changed his perception of Africa’s development. “Since I came to Ethiopia, especially Addis Ababa, I have seen that Africa is really improving,” he said. He noted that the city’s modern roads, clean environment, green public spaces, and strong sense of security sharply contrast with outdated global narratives about Africa. “The narrative people have about Africa is completely different from what I am seeing here,” he added. Young15 said the content he shared from Addis Ababa generated strong engagement from international audiences, many of whom expressed surprise at the city’s level of development. “Most of the comments are like, ‘Wow, we didn’t know Africa is this beautiful,’” he said. He stressed that when creators from different countries share similar experiences from Addis Ababa, it strengthens credibility and helps reshape global perceptions of the continent. “When people see the same thing from many influencers from different countries, they will know this is not AI. Africa is really rising,” he said. According to him, Africa is increasingly emerging as a destination for tourism, investment, and long-term residence, with Addis Ababa standing out as one of the continent’s leading examples of urban progress. Another participant, Nigerian political satirical comedian KevinBlac, popularly known as Governor Amuneke, said hosting the summit in Addis Ababa demonstrates the city’s growing role as a center for African unity, culture, and creative collaboration. “This is amazing to witness, bringing African creators together in Addis Ababa,” he said. “It should not be a one-time event. It should happen every year, in different countries, to strengthen African collaboration.” He added that Addis Ababa offers a strong platform for showcasing Africa’s cultural richness and development, while encouraging greater cooperation among creators across the continent. Also speaking at the summit, Nigerian content creator and digital strategist Brain Jotter said African influencers have a responsibility to challenge outdated narratives and present the continent more accurately to the world. “There is a very positive change in that dark narrative about Africa,” he said. “Influencers are already projecting Africa exactly as it is.” Brain Jotter, who has more than 34 million followers across social media platforms, said digital platforms and artificial intelligence are helping creators produce high-quality content more efficiently and at lower cost, enabling them to reach wider global audiences. “AI has been extremely helpful in advancing creativity and reducing limitations,” he said. He noted that while artificial intelligence can be misused to spread misinformation, it also provides powerful opportunities for responsible storytelling when used properly.
ATI Celebrates Dev’t Partners for 15 Years of Supporting Ethiopia’s Agricultural Growth
May 9, 2026 909
Addis Ababa, May 9, 2026 — The Ethiopian Agricultural Transformation Institute has recognized its development partners for their contributions to transforming Ethiopia’s agriculture sector over the past 15 years. At a recognition dinner held Thursday at the Ethiopian Skylight Hotel, government officials, international partners, and farmers gathered to reflect on years of collaboration that have helped improve agricultural productivity and rural livelihoods across the country. Speaking at the event, Semereta Sewasew said Ethiopia’s agricultural progress has been driven by partnerships built on more than just financial support. “Your contributions have gone beyond financing by strengthening institutions, fostering innovation, and advancing sustainable and inclusive growth for millions of Ethiopians,” she said. She added that agriculture continues to play a vital role in Ethiopia’s economy, supporting livelihoods, strengthening food security, creating jobs, and boosting exports. ATI Director General Mandefro Nigussie said the institute’s achievements would not have been possible without consistent support from development partners. According to him, ATI has reached nearly five million smallholder farmers and launched more than 60 innovative projects aimed at improving Ethiopia’s food systems and agricultural value chains. The event also featured an exhibition highlighting farmers whose lives have improved through ATI-led initiatives. During the ceremony, ATI awarded recognition certificates to 14 development partners for their role in supporting Ethiopia’s agricultural transformation efforts. Seven organizations received special recognition for what ATI described as exceptional contributions, including the World Bank, Bill & Melinda Gates Foundation, Mastercard Foundation, the embassies of Denmark and Netherlands, Agence Française de Développement, and Global Energy Alliance for People and Planet. Closing the event, Semereta said Ethiopia still faces challenges including climate change and market uncertainty, but stressed the importance of continued collaboration to ensure sustainable growth and better livelihoods for farmers. Formerly known as the Agricultural Transformation Agency, ATI works to accelerate agricultural growth while improving the income and resilience of smallholder farmers across Ethiopia.
Ethiopia’s President Taye Holds Talks With UN Official Li Junhua on Dev’t Goals
May 8, 2026 2313
Addis Ababa, May 9, 2026 —President Taye Atske-Selassie held high-level discussions today with the United Nations Under-Secretary-General for Economic and Social Affairs, Li Junhua, at the National Palace. The Under-Secretary-General is currently in Addis Ababa leading a delegation from the High-Level Advisory Board on Economic and Social Affairs. The visit centers on evaluating the continental progress of the Sustainable Development Goals (SDGs) and fostering regional partnerships. Following the meeting, Li Junhua told ENA that the meeting was productive, expressing profound admiration for Ethiopia’s current developmental trajectory. He specifically noted the remarkable transformation of Addis Ababa’s urban landscape as a testament to the nation's progress. The Under-Secretary-General emphasized that Ethiopia’s successful development model offers invaluable insights for the global community. He suggested that these experiences could serve as a vital roadmap for other developing nations striving to meet their growth objectives. Li Junhua further reaffirmed the UN’s commitment to collaborating with African stakeholders to accelerate the 2030 Agenda and shape the post-2030 global development framework. Executive Secretary of the Economic Commission for Africa (ECA), Claver Gatete, who also attended the session, highlighted Ethiopia’s longstanding role in global development financing. He recalled that the landmark 2015 International Conference on Financing for Development took place in Addis Ababa, underscoring the city's role as a diplomatic hub for economic policy. Claver Gatete remarked that the delegation was deeply impressed by the holistic growth visible throughout the capital. He extended his appreciation to the leadership of the Prime Minister Abiy Ahmed and the President for steering the country toward these significant achievements.
Ethiopia’s Multifaceted Achievements Serve as Model for Africa, Say Social Media Influencers
May 8, 2026 2005
Addis Ababa, May 8, 2026 —Leading African social media influencers attending the African Social Media Influencers Summit (ASMIS) 2026 in Addis Ababa said Ethiopia’s progress in infrastructure, technology, and cultural preservation offers valuable lessons for the rest of the continent. The summit has brought together prominent digital creators, media personalities, communication experts, and content producers from across Africa to promote authentic African narratives through digital platforms. The participants visited several major projects in the Ethiopian capital, including the Ethiopian Artificial Intelligence Institute, corridor development projects, and other key infrastructure sites. Renowned Ghanaian content creator Wode Maya, said Ethiopia’s inclusive transformation could become an important example for African countries. The influencer, who has frequently promoted Ethiopia through his digital platforms, said the country has undergone remarkable changes since his first visit in 2017. According to him, Ethiopia in 2026 reflects a new image marked by extensive road networks, large scale infrastructure projects, and modern developments, including the construction of a new airport. He noted that such achievements demonstrate Africa’s potential for transformation and development. “Ethiopia is my second home. I always love coming here because this is a country I personally admire,” Wode Maya said. “I once served as an ambassador for Ethiopian Airlines, so Ethiopia means a lot to me. Every time I witness the transformation taking place in this beautiful country, I feel motivated to show it to the rest of the world. I believe the whole of Africa can learn from this transformation,” he added. Nigerian content creator and influencer Chukwueze Odinaka also praised Ethiopia’s growing focus on artificial intelligence, describing the country as one of Africa’s emerging leaders in the sector. “At a time when artificial intelligence is shaping the future of the world, Ethiopia’s attention to this sector is admirable,” he said. According to him, the country’s investments in artificial intelligence will play a significant role in both national development and individual empowerment. “Artificial intelligence is controlling the world today. Therefore, investing in this technology is very important for nations as well as individuals. I give this project 100 out of 100,” he stated. Another participant, Tealo Lualo from Lesotho, highlighted Ethiopia’s unique historical identity and cultural heritage as a source of inspiration for Africans. He said Ethiopia’s long-standing independence and distinct calendar system symbolize African pride and resilience. “One of the things I always tell my friends about Ethiopia is that I admire the country for two reasons,” he said. “First, Ethiopia has never been colonized, and second, it has its own calendar. The history we saw during the presentation shows that preserving culture is very important. Ethiopia teaches Africa that culture and identity are powerful assets, and I truly appreciate that.”
Ethiopian Economic Reform Attracts Zimbabwean Investors: Ambassador Rashid
May 8, 2026 1331
Addis Ababa, May 8, 2026 —Ethiopia’s ongoing economic reforms are drawing increasing interest from Zimbabwean investors, according to Ambassador Rashid Mohammed. In an exclusive interview with the ENA, Ethiopia’s Ambassador to Zimbabwe, Zambia and Mauritius, as well as Representative to the Common Market for Eastern and Southern Africa (COMESA), Rashid Mohammed said Ethiopia and Zimbabwe are making steady progress in strengthening bilateral economic cooperation through enhanced diplomatic engagement and expanding trade relations. The ambassador noted that Ethiopia’s wide ranging economic reforms, investment friendly policies, and improving business environment are creating new opportunities for Zimbabwean investors seeking to expand into the Ethiopian market. He added that the two countries are working closely to deepen cooperation in key sectors, including trade, agriculture, manufacturing, mining, tourism, and technology, with growing interest from the private sector on both sides. According to Rashid, Ethiopia’s strategic position as a gateway to Africa, coupled with ongoing regional integration efforts under COMESA and the African Continental Free Trade Area (AfCFTA), is further boosting investor confidence and strengthening economic ties between the two nations. He noted that Ethiopia and Zimbabwe share a deep-rooted friendship built on common political values, Pan Africanism, and a shared commitment to African unity. According to the ambassador, Ethiopia’s support during Zimbabwe’s liberation struggle against British colonial rule between the 1960s and 1980 remains a defining chapter in the two countries’ historic relationship. “Ethiopia’s contribution to Zimbabwe’s liberation struggle stands as a remarkable example of African solidarity and Pan African cooperation,” Rashid said. Ethiopia actively supported Zimbabwe’s independence movement by providing financial assistance and military training to freedom fighters during the anti colonial struggle, he added. Following Zimbabwe’s independence in 1980, the two nations formalized their diplomatic ties by opening embassies in Harare and Addis Ababa and strengthening cooperation through the then Organization of African Unity. The ambassador emphasized that the longstanding diplomatic partnership has enabled both countries to work closely on issues of common interest and amplify African priorities on international platforms. He stated that Ethiopia and Zimbabwe continue to collaborate in key sectors including agriculture, tourism, aviation, and people to people relations, guided by their shared historical experience and liberation legacy. Speaking virtually to the Ethiopian News Agency, Rashid said relations between the two countries were forged during the anti-colonial struggle and have continued to grow over the decades. “As soon as Zimbabwe attained independence in the 1980s, Ethiopia and Zimbabwe established formal diplomatic relations through embassies in Harare and Addis Ababa,” he said. He added that the longstanding diplomatic ties are now expanding into broader economic cooperation. In this regard, the ambassador pointed out that Ethiopian leather manufacturing companies recently promoted their products and established trade linkages during the Zimbabwe International Trade Fair. He explained that efforts to showcase Ethiopia’s ongoing economic transformation to Zimbabwean investors and developers are creating new opportunities for trade and investment cooperation. According to Rashid, Ethiopia’s participation in the African Continental Free Trade Area and its membership in COMESA are expected to further expand economic benefits and regional integration. He also revealed that COMESA covered travel and service expenses for Ethiopian producers that participated in the Zimbabwe International Trade Fair. Regarding judicial representation within COMESA, the ambassador noted that Ethiopia has secured appropriate representation in the COMESA Court of Justice. Rashid further highlighted the role of Ethiopian Airlines in strengthening trade and people to people ties between the two countries, noting that the airline currently operates 23 weekly flights to three cities in Zimbabwe.
Made in Ethiopia Expo 2026 Showcases Industrial Achievements, Bright Future of Nation: President Taye
May 7, 2026 1644
Addis Ababa, May 7, 2026 —The ongoing Made in Ethiopia Expo 2026 showcases the industrial achievements of the country and its bright future, according to President Taye Atseke Selassie. The President visited the Fourth Made in Ethiopia Expo today. The expo at the Addis International Convention Center, under the theme “Made in Ethiopia for Multifaceted Sovereignty”, is open to the public. Noting that industry plays a vital role for a nation’s development, the President stressed the need for intensifying such efforts as part of ensuring Ethiopia's development. President Taye said that the locally manufactured products on display have significant contributions not only for import substitution but also to attract investments as well and earn capital. Commenting about export-standard products on display, he stated that most already have market access. According to the President, the locally manufactured products on display are a showcase of how Ethiopia’s capacity and knowledge are transformed into a new phase. The agro-processed products at the expo might also be valuable for the international market with their organic value, he added. Countries with high manufacturing self-sufficiency can stand by themselves and ensure sovereignty, he pointed out, calling on local manufactures to intensify our efforts to ensure sovereignty.
African Social Media Influencers Praise Ethiopia's Tech Leap, Beauty of Capital City
May 7, 2026 2895
Addis Ababa, May 7, 2026 —Prominent African social media influencers visiting Addis Ababa today have expressed their admiration for Ethiopia's rapid advancements in AI, urban cleanliness, and hospitality, as they gear up for the African Social Media Influencers Summit (ASMIS) in the capital. The Kenyan influencer Mbote Njogu marveled at the capital's beauty and tech edge during a tour of the AI center. In an exclusive interview with ENA, he said: "I thought Nairobi was beautiful, but I've seen Addis is very beautiful. Very welcoming people". According to Njogu, "Addis is far much ahead of Kenya. AI is the next big thing... (And) I'm very proud to see that Ethiopia has already adapted the AI, and they have the AI center. Right now, I don't think we have an AI institute in Kenya." Praising the cleanliness of the city, he appreciated the welcoming government and luxurious event buses. "I've never ridden in such a bus on the high top. We are very impressed and we look forward to coming more and more again." Burkinabé influencer LA Jaguar echoed the enthusiasm, highlighting Ethiopia's mindset and development model. The "Ethiopian development, energy and internet development is very good," he declared. "I'm very happy because Ethiopia is the seat of development... I take this opportunity to call many people in other country to come to Ethiopia." On his second visit to Ethiopia, Jaguar said he was touched by locals comportment: " I am touched by the comportment of the people... If your friend, your brother, your sister considers you, life is good." Organizers of the May 7-8 summit, the Pulse of Africa (POA) media and AGA Tech Enterprise, position the African Social Media Influencers Summit as a pivotal platform. It aims to empower African content creators to counter negative stereotypes and amplify balanced narratives about the continent's progress.
Ethiopia Seeks Greater Turkish Investment as Addis, Bursa Chambers Sign Trade Deal
May 7, 2026 3128
Addis Ababa, May 7, 2026 —Ethiopia stepped up efforts to attract more investment from Turkey during the Ethio–Turkey Business Forum held at Skylight Hotel in Addis Ababa. The forum brought together government officials, business leaders, investors, manufacturers, and innovators from both countries to strengthen bilateral trade and investment ties. During the event, officials highlighted Ethiopia’s growing appeal as an investment destination, citing its strategic geographic location, ongoing economic reforms, and vast untapped business opportunities. They encouraged Turkish companies to explore new ventures and expand their footprint in Ethiopia’s rapidly growing market. The forum also featured business-to-business (B2B) meetings designed to foster partnerships between private sector representatives from both countries and boost trade cooperation. An exhibition showcasing garments and other products from Turkish companies was also held, with strong participation from businesses represented by the Bursa Chamber of Commerce and Industry. In a key outcome of the event, the Addis Ababa Chamber of Commerce and Sectoral Associations and the Bursa Chamber of Commerce and Industry signed a Memorandum of Understanding aimed at promoting trade and investment between the two business communities. The agreement was signed by Addis Chamber President Zehara Mohammed and Bursa Chamber President İbrahim Burkay at the event in Addis Ababa. Organized through collaboration between the Government of Turkey, Ethiopia’s Ministry of Foreign Affairs, the Addis Ababa Chamber of Commerce, and the Bursa Chamber of Commerce and Industry, the forum brought more than 160 Turkish companies to Addis Ababa as both nations move to deepen economic cooperation.
Airbus Africa Director Praises Ethiopian Airlines as Continental Aviation Success Story
May 7, 2026 2524
Addis Ababa, May 7, 2026 —Airbus’s Airline Marketing Director for Africa, Joep Ellers, has described Ethiopian Airlines as Africa’s true aviation success story. Ellers highlighted the group’s long-standing contribution to connectivity and economic development across the continent. Speaking to ENA on the airline’s role in Africa’s aviation sector, Ellers said the airline—operating for more than 80 years, has played a central role in improving air connectivity within Africa and internationally. He noted that Ethiopian Airlines continues to operate modern aircraft such as the Airbus A350-900 and A350-1000, reflecting its commitment to fleet modernization and efficiency. Ellers emphasized that the airlines is a major driver of socio-economic development, pointing out its role in boosting tourism, attracting investment, and creating employment both within airlines and across related industries. “It brings social and economic benefits, jobs, and enhanced national economic performance,” he said. He also praised Ethiopian Airlines’ expansion strategy and described its ambition to connect destinations across Africa and global markets as a reflection of a strong “pioneer spirit.” Recalling a personal experience on an A350 flight from Paris, Ellers commended the airline’s service culture, saying the crew stood out for their attentiveness and warmth, making passengers feel “welcomed and valued.” Beyond operations, Ellers highlighted the growing partnership between Airbus and Ethiopian Airlines. He said the two organizations collaborate closely on aircraft maintenance support, fleet planning, and future development projects, including discussions around aircraft such as the A220 and A330neo. He also pointed to joint efforts in aviation training and education through the Ethiopian Aviation Academy, which works with Airbus and international universities, including institutions in France, to develop advanced aviation programs. Ellers further noted that Ethiopian Airlines has built a wider aviation ecosystem beyond passenger services. This includes maintenance, repair and overhaul (MRO) operations, an aviation university, hospitality services, and visa-related support. He said the airline is actively involved in training, aircraft maintenance for both its own fleet and other operators, and maintains daily cooperation with Airbus technical teams. He concluded that the partnership between Airbus and Ethiopian Airlines continues to deepen across multiple areas, reflecting a long-term commitment to strengthening Africa’s aviation industry.
Ethiopia, Azerbaijan Move to Boost Trade Ties Following High-Level Talks
May 7, 2026 799
Addis Ababa, May 7, 2026 —Ethiopia’s Trade and Regional Integration Minister, Kassahun Gofe, announced that he held bilateral talks with Elnur Aliyev, First Deputy Minister of Economy of Azerbaijan to strengthen trade cooperation between the two nations. The meeting follows the momentum created by Prime Minister Abiy Ahmed’s official visit to Baku in February 2026, a trip officials say opened a new chapter in relations between the two countries. During the discussions, both sides reviewed progress in bilateral trade ties and acknowledged that current trade volumes remain below the potential of their economies. They emphasized the importance of expanding commercial cooperation and unlocking new trade opportunities. Minister Kassahun highlighted Ethiopia’s ongoing macroeconomic reforms, saying the measures are helping create a more liberalized and investment-friendly business environment. He noted that these reforms present growing opportunities for Azerbaijani investors seeking to enter Ethiopia’s expanding market. He also underscored Ethiopia’s strategic role as a gateway to Africa through the African Continental Free Trade Area, saying stronger ties with Ethiopia could help Azerbaijan access broader markets across the continent. For his part, Aliyev reaffirmed Azerbaijan’s commitment to deepening bilateral trade relations and exploring new areas of economic cooperation with Ethiopia.
Ethiopia Hosts Pan-African Finance Forum to Confront Mounting Debt Pressures
May 6, 2026 2018
Addis Ababa, May 6, 2026 (ENA) — Ethiopia has launched the Second African Forum on Sovereign Finance, bringing together top policymakers and financial leaders to address rising debt vulnerabilities and tightening fiscal space across the continent. The three-day gathering, held in Addis Ababa, has convened representatives from finance ministries, debt management offices, multilateral institutions, credit rating agencies and institutional investors under the theme “Enhancing Fiscal Space and Debt Sustainability.” The forum is jointly organized by the United Nations Economic Commission for Africa (UNECA) and FSD Africa. Opening the session, State Minister Semereta Sewasew cautioned that successive global shocks have deepened fiscal pressures across African economies. She noted that external financial buffers have steadily eroded, with foreign exchange reserves relative to external debt declining sharply over the past decade. “Debt management is no longer a technical function at the margins of government, it is now central to macroeconomic stability, development strategy and policy credibility,” she said. She added, “Successive global shocks, from the pandemic to geopolitical conflicts, have fundamentally reshaped the sovereign financing environment for African economies. Borrowing costs have increased, exchange rate pressures have intensified and fiscal buffers have weakened.” Highlighting Ethiopia’s reform trajectory following the approval of its International Monetary Fund program in July 2024, Semereta pointed to progress in exchange rate liberalization, domestic revenue mobilization and fiscal transparency. “The results are encouraging: inflation is moderating, exports are expanding, reserves are rebuilding, fiscal space is improving and growth remains strong,” she said, adding that Ethiopia secured 3.5 billion US dollars in debt relief under the G20 Common Framework. She called for coordinated action to reduce borrowing costs, strengthen domestic capital markets and scale up concessional financing. Executive Secretary of the UNECA, Claver Gatete, described the forum as a platform for urgent and sustained reform. “As we speak, growth is slowing, financial conditions are tightening and uncertainty is no longer episodic but persistent,” he said. “These global shifts are already transmitting directly into African economies, shaping fiscal space, constraining policy choices and raising the cost of capital at a time when investment is most needed.” Despite mounting pressures, he pointed to signs of resilience. “Growth in the IMF sub–Saharan Africa region has recovered to 3.5 percent this year and is projected to increase further to 4 percent next year. This is Africa’s moment of momentum, but that momentum is threatened by our debt burden,” he warned. Chief Executive Officer of FSD Africa, Mark Napier, highlighted the links between debt, climate finance and market reforms. “I hope that we can use this opportunity, and I’m glad there was reference to COP32 and Ethiopia’s role in that, to advance climate finance as well,” he said. He added, “The connection between sovereign debt and climate, and sovereign debt and domestic capital market reform, are part of an interconnected system, and we should think about how that all comes together.” Delegates are expected to conclude the forum with concrete strategies aimed at unlocking private investment and expanding fiscal space to support sustainable development across Africa.
ENA Summer wheat cultivation delivers remarkable gains: PM Abiy
May 6, 2026 1652
Addis Ababa, May 6, 2026 (ENA) — Ethiopia’s wheat production has surpassed 330 million quintals this year, placing the country among Africa’s leading wheat producers, Prime Minister Abiy Ahmed said. The premier noted that the country’s combined summer and winter wheat harvest stood at 280 million quintals last year, adding that this year’s production increased by 50 million quintals. Prime Minister Abiy made the remarks after inspecting wheat cultivated on 2,150 hectares of farmland in Sululta Woreda, North Shewa Zone of Oromia Region. He said the significant growth reflects the remarkable gains being registered through Ethiopia’s summer wheat cultivation program, which has become a key pillar of the country’s agricultural transformation and food security drive. According to the prime minister, wheat was cultivated on 4.4 million hectares during the previous summer season and on 3.8 million hectares this year, bringing the total area covered to more than 8 million hectares. He attributed the increased production to expanded farmland coverage and improved productivity, noting that previously uncultivated land is now being put into use. “Land should not be left fallow; we must free ourselves from dependency,” the premier stressed. PM Abiy also highlighted the contribution of irrigation development, including river diversion and the effective use of seasonal rains, to the rising wheat output. The prime minister pointed to North Shewa Zone as one of the areas registering notable improvements in productivity due to efficient resource utilization and expanded cultivation. He further emphasized that the rise in agricultural productivity is improving the livelihoods of farmers by increasing their income. “Increased productivity has enhanced income and improved livelihoods,” he said. The premier underscored the importance of sustaining the momentum by scaling up agricultural innovation and maximizing the use of available resources nationwide. “The progress we are seeing shows that Ethiopia has strong potential for growth,” Abiy said, urging farmers, extension workers and government officials to continue strengthening production efforts. “We must use every day and every season to produce, not only to feed ourselves but to support others,” he added. The prime minister acknowledged that challenges remain, but stressed that they can be overcome through continued commitment and collective effort. In a social media post following the visit, Abiy reaffirmed that Ethiopia’s efforts to ensure national food self-sufficiency and sovereignty are advancing steadily through expanded wheat cultivation across the country.
PM Abiy Says Ethiopia’s Food Sovereignty Drive Delivering Strong Results
May 6, 2026 1128
Addis Ababa, May 6, 2026 (ENA) — Prime Minister Abiy Ahmed said Ethiopia’s ongoing efforts to achieve food sovereignty are yielding strong results, highlighting the country’s expanding wheat production initiatives. In a social media post, after visiting a large-scale wheat farm in the Oromia region, North Shewa Zone’s Sululta district, the prime minister said the government’s initiative to strengthen national food self-sufficiency is making significant progress. “Today, in the Oromia Region, in the North Shewa Zone, Sululta district, we toured and observed a thriving wheat farm cultivated on 2,150 hectares of land,” PM Abiy said. He noted that Ethiopia’s food sovereignty campaign, launched to reduce reliance on food imports and boost domestic agricultural productivity, continues to show encouraging outcomes through expanded wheat farming projects across the country. The Prime Minister’s remarks come as Ethiopia intensifies efforts to enhance agricultural production and ensure long-term food security through large-scale farming initiatives.
Ethiopia’s ‘Bounty of Basket’ Program Key to Improving Nutrition, Food Self-Sufficiency, Says Former Deputy PM
May 5, 2026 1798
Addis Ababa, May 5, 2026 (ENA) — Ethiopia’s Bounty of the Basket (Yelemat Tirufat) initiative has become an increasingly important national effort to improve nutrition, expand domestic food production, and reduce dependence on imported food products, former Deputy Prime Minister Demeke Mekonnen said. Demeke, who currently serves as founder and chairman of the Adam Foundation, said the government-led initiative has the potential to improve access to nutritious food, particularly for mothers and children—while supporting Ethiopia’s long-term economic self-reliance. Approached by ENA, Demeke stressed that proper nutrition is fundamental to public health and national productivity, noting that malnutrition continues to undermine human development. “Nutrition plays a critical role in building a healthy and productive society,” he said, emphasizing that maternal and child nutrition should remain a national priority. He highlighted the importance of the first two years of a child’s life, describing it as a critical window for cognitive and physical development, a view widely supported by global health experts. The Bounty of the Basket Initiative was launched by Prime Minister Abiy Ahmed in October 2022 in Arba Minch with the goal of boosting production in key food sectors including poultry, dairy, honey, and fisheries. At the launch event, PM Abiy said the initiative was designed to replicate successes achieved through Ethiopia’s wheat production drive and the Green Legacy Initiative. “The changes Ethiopia has achieved in wheat development, green footprint, and other national initiatives will also be repeated through the Bounty of the Basket work,” Premier Abiy said at the time. Government officials say the program is intended to strengthen supply chains between producers and consumers while improving access to affordable and diversified food products. Demeke said the initiative has already shown “encouraging results,” though he did not cite specific figures to support the claim. Independent evaluations of the program’s long-term impact on nutrition, poverty reduction, and food security remain limited. Ethiopia continues to face major food security pressures driven by conflict, inflation, climate shocks, and recurring drought in several regions, according to humanitarian agencies. These challenges have strained household access to food despite government efforts to increase agricultural production. Authorities have introduced broader reforms aimed at strengthening food systems and reducing malnutrition, while development partners continue to call for stronger implementation, greater investment, and better coordination between the agriculture and health sectors. The Adam Foundation, registered under Ethiopia’s Civil Society Organizations Authority, said it is working with institutions in both sectors to address malnutrition through partnerships and public awareness campaigns. The organization added that its work aligns with African Union’s Agenda 2063, which includes broader goals of reducing malnutrition across Africa. While supporters say the initiative could improve food sovereignty and nutrition outcomes, analysts caution that its long-term success will depend on measurable implementation results, stable food prices, and broader economic and political stability.
Bahir Dar Undergoes Tourism Revolution as Mega Investments Take Shape: Deputy PM
May 4, 2026 1401
Addis Ababa, May 4, 2026 —Bahir Dar, the Amhara regional capital, is entering a new phase of tourism-led transformation as major investments and flagship developments begin reshaping the city’s economic and cultural landscape, Deputy Prime Minister Temesgen Tiruneh said. Speaking at the official launch of the Four Points by Sheraton Tana Hotel, Temesgen described the 3.3 billion Birr project as a major milestone in Bahir Dar’s ambition to become one of Ethiopia’s leading tourism destinations. The hotel, which will be developed by MIDROC Investment Group on the historic site of the former Tana Hotel, is expected to be completed within 18 months. “This major project marks a significant step forward for the rise of Bahir Dar and our country as a tourism destination, while also contributing to economic recovery,” Temesgen said. He noted that the investment reflects growing confidence from the private sector and praised MIDROC for its continued engagement in key sectors such as agriculture, mining, and tourism. “The company’s proactive role in filling critical investment gaps during challenging times serves as a strong example,” he added. Temesgen emphasized that the project aligns with Ethiopia’s broader efforts to build a resilient and sustainable economy through tourism development and private-sector participation. MIDROC Investment Group Chief Executive Officer Jamal Ahmed reaffirmed the company’s commitment to the project, saying the government’s improving investment climate has created favorable conditions for expanding tourism infrastructure. “We are taking advantage of the favorable environment created by the government to contribute to the revival of the tourism sector,” Jamal said. He added that the hotel will meet international standards and be delivered on schedule. The new hotel will be built on 32,440 square meters of land and will feature 120 modern guest rooms, four international restaurants, a conference hall capable of hosting more than 1,000 guests, and leisure facilities including a swimming pool. Alongside the hotel launch, the Deputy Prime Minister also inaugurated the Felege Ghion Eco Resort, describing it as another major step in strengthening Bahir Dar’s tourism appeal. “Lake Tana is an inexhaustible source of development and a beacon of beauty that will never fade,” Temesgen said. He highlighted Bahir Dar’s unique geographic significance—where Lake Tana meets the Abay River (Blue Nile)—describing the city as a destination capable of refreshing “the human spirit, body, and soul.” According to Temesgen, tourism projects such as the Gorgora Eco Resort and the newly inaugurated Felege Ghion Eco Resort are helping elevate the region’s profile both locally and internationally. Developed under the government’s Gebeta Le Hager Initiative, the eco-resort includes entertainment facilities, retail spaces, an amphitheater, and riverfront infrastructure designed to boost tourism activity and create economic opportunities. “It is a resort that strengthens the local tourism industry while adding a new layer of beauty and growth to the city,” he said. Temesgen said the government remains committed to developing tourism as a strategic economic sector and urged investors who have already secured land in Bahir Dar to begin implementation without delay. Reflecting on the city’s future, he described Bahir Dar as a place where history and modern development intersect. “Hundreds of years have passed since history began to be written in this area. Today, history is moving forward,” he said. During his visit, the Deputy Prime Minister also toured several major infrastructure projects, including the Bahir Dar Stadium, a new airport terminal, the regional Supreme Court, and ongoing corridor development projects. “We have confirmed that our path is right and our destination is certain,” Temesgen said. “We will not rest until Bahir Dar becomes a cradle of civilization.”
Macroeconomic Reforms Lift Ethiopia’s Growth, Ease Inflation: Finance Minister
May 4, 2026 1199
Addis Ababa, May 4, 2026 —Ethiopia’s ongoing macroeconomic reform program is delivering encouraging economic results, with stronger-than-expected growth and easing inflation, Finance Minister Ahmed Shide told lawmakers on Monday. Presenting the Ministry of Finance’s nine-month performance report to the House of People’s Representatives (HPR)’s Standing Committee on Planning, Budget and Finance, the misnister said reforms introduced since the 2017 Ethiopian fiscal year have begun producing measurable improvements across key economic indicators. “Since the implementation of the inclusive macroeconomic reform program, several encouraging economic outcomes have been registered,” the minister told members of parliament. According to Minister Ahmed, Ethiopia’s economy outperformed earlier forecasts, expanding by 9.2 percent, compared with the government’s initial projection of 8.4 percent. He said the government expects growth to accelerate further to 10.2 percent in the 2018 Ethiopian fiscal year if reform efforts continue, potentially positioning Ethiopia among Africa’s fastest-growing economies. The minister said the government is also introducing additional measures this fiscal year to strengthen the reform agenda. “In the current fiscal year, a series of reform measures are being implemented to strengthen the effectiveness of the reform,” he said. Inflation, one of Ethiopia’s most pressing economic challenges in recent years — has also shown signs of easing, according to the minister. Ahmed said inflation fell to single digits for the first time in December, reaching 9.7 percent, before declining further to 9.4 percent in March following a prolonged period of price pressures. He attributed the improvement to tighter fiscal and monetary policies, combined with productivity gains. “The main reason for this success is the implementation of strict fiscal and monetary policies, supported by increased productivity under a comprehensive reform framework,” he said. However, lawmakers urged caution and stressed the need to sustain the momentum. Desalegn Wedaje, chairperson of the Planning, Budget and Finance Standing Committee of the HPR, said efforts should continue to strengthen domestic revenue generation, narrow the budget deficit, and maintain inflation controls. He also described the government’s revenue and expenditure performance over the past nine months as encouraging but called for stronger measures to ensure continued progress. Desalegn further emphasized the need to accelerate debt restructuring efforts and deepen cooperation with development partners to support Ethiopia’s broader economic reform agenda.
Made In Ethiopia Movement Reshaping Nation's Economic Landscape: Ethiopian PMO
May 4, 2026 1590
Addis Ababa, May 4, 2026 —The Made In Ethiopia national movement is reshaping the nation's economic landscape by strategically resolving deep rooted and widespread structural bottlenecks, according to Office of the Prime Minister (PMO). In its newsletter, the office noted that historic journey, anchored in integrated leadership and policy reforms, has sustained the competitiveness of the manufacturing sector and propelled it toward a new peak of productivity. By projecting raw material supplies from 29 million to 76 million tons averaging 15 million tons annually the movement has established a formidable foundation for an industrial renaissance. This progress is further reinforced by monumental infrastructure investments, including the commissioning of 3.4 GW of electric power for new investments over the past four years and the transfer of over 25,728 hectares of developed land to investors within just nine months of 2018. Financial empowerment has also reached unprecedented levels, with credit for small and medium industries projecting from 8.1 billion to 50 billion ETB (Annual growth of 12 billion ETB), while large scale manufacturers saw financing incremental from 52 billion to 262 billion ETB (Annual growth of 55 Billion ETB). Supported by macroeconomic reforms, 2.28 billion USD in foreign currency was channeled to major producers, driving 14 percent annual growth in forex access and boosting average capacity utilization from 47 percent to 67 percent. Consequently, the sector’s annual growth rate accelerated from 4.8 percent in 2022 to 10.7 percent in 2025, pushing manufacturing output to 195.4 billion ETB. As evidenced by World Bank data showing an 8.4 percent value added increase and 433.8 million USD in export earnings, Ethiopia is tangibly asserting its industrial sovereignty and anchoring its journey toward shared prosperity on an unshakeable foundation. Manufacturing export earnings rose from 358 million USD in 2014 to 433.8 million USD in 2018, while import substitution saved over 4.85 billion USD in foreign currency during 2018's first nine months. This boosted the local market share from 30 percent to 46 percent. Diplomatic gains like joining BRICS and macroeconomic reforms helped attract over 2,800 investments in four years. Furthermore, the sector flourished by establishing 18,000+ small and medium industries and reviving 993 closed factories. Made in Ethiopia 2026: By raising public awareness and promoting a society that takes pride in domestic products, Made in Ethiopia is actively working to attract new investors, enhance the exchange of knowledge and technology, and expand market linkages for manufacturing industries. The 2026 Made in Ethiopia Expo, which carries large-scale objectives, differs from the previous two editions by hosting a significantly higher number of industries, participants, and events. Regarding international participation, it is a historic occasion that has grown in both volume and diversity compared to last year, with foreign entities heavily integrating and showcasing their latest technologies.
Ethiopian Airlines Receives Best Airline in Africa 2026 APEX Passenger Choice Award
May 4, 2026 2150
Addis Ababa, 4 May 2026 -- Ethiopian Airlines has received Best Airline in Africa 2026 APEX Passenger Choice Awards, a recognition that reflects the confidence and loyalty of passengers who continue to choose the airline across its global network. The award highlights Ethiopian Airlines’ steady focus on delivering a smooth, comfortable, and dependable travel experience, from the moment passengers book their flights to the time they reach their destinations. Consistently strong service, onboard comfort, and operational reliability have all played a role in meeting the changing expectations of today’s travelers. The APEX Passenger Choice Awards are based on independently verified customer feedback, with results shaped entirely by real passenger experiences. This makes the recognition a genuine vote of confidence from travelers themselves. Ethiopian Airlines’ repeated recognition by APEX reflects its long‑term commitment to service quality and operational excellence. Commenting on the award, Mr. Mesfin Tasew, Group Chief Executive Officer of Ethiopian Airlines, said: “Receiving this recognition from our passengers makes it truly special. It reflects the dedication and teamwork of our staff across the entire network. Being named Best Airline in Africa motivates us to keep raising our standards and delivering an experience our customers can trust and enjoy.” APEX Group CEO Dr. Joe Leader on his part said: “Ethiopian Airlines earning the 2026 APEX Best Airline in Africa award reflects the voice of verified passengers at scale. With more than one million verified flight ratings collected through TripIt across more than 600 airlines worldwide, APEX recognizes airlines through the most transparent awards methodology in the industry. Ethiopian Airlines continues to demonstrate leadership in African aviation through passenger experience excellence, operational commitment, and a standard of service that resonates with travelers across the continent and beyond.” Looking ahead, Ethiopian Airlines remains focused on the future, with continued investments in modern aircraft, digital innovation, and service improvements across its expanding global network. Guided by a strong vision and a people‑centered approach, the airline continues to strengthen its role as a leader in African aviation while growing its presence on the international stage.
Ambassador Lamek Calls for Increased French Investment in Ethiopia
May 3, 2026 2239
Addis Ababa, May 3, 2026 —The French Ambassador to Ethiopia, Alexis Lamek, has expressed optimism about Ethiopia’s evolving investment ecosystem and its potential to attract more companies from France. He also recalled recent discussions with Ethiopia’s Minister of Finance, Ahmed Shide, describing him as a highly committed partner in advancing economic cooperation and facilitating investment. Speaking to ENA, the Ambassador said there is a “clear window of opportunity” in Ethiopia for global companies, emphasizing the importance of continued efforts to improve the investment environment. Ethiopia has been undertaking a broad set of economic and regulatory reforms aimed at improving its investment climate and attracting greater foreign direct investment. This includes directives that allow foreign participation in trading activities under defined conditions, reflecting a deliberate effort to expand private sector involvement and increase competition in the domestic economy. As a result of these reforms, Ethiopian authorities report increased investor interest and growing inflows of foreign capital, supported by wider macroeconomic liberalization efforts including financial sector reforms and improvements in digital investment services. “I hope this will make progress and that we will see more and more investors,” Ambassador Lamek said. Ambassador Lamek specifically called for stronger French investment presence in Ethiopia. “I want to see more investors from France in this country. I think it is very important,” he said, adding that all economies benefit from attracting foreign direct investment. He noted that investors generally prefer stable, efficient, and predictable environments, stressing the importance of close collaboration between governments and investment platforms to achieve this. The Ambassador also highlighted the importance of informed investment decisions, noting that ongoing dialogues are helping attract more international investors. He pointed out that many investors currently prefer working with Ethiopian Airlines due to its reliability and efficiency. “At this moment, most investors want to work with Ethiopian Airlines because it is a very reliable and efficient partner. But I think there is more space in Ethiopia, and I would like to see investors also in other sectors and with other partners,” he said. Lamek also commended existing partnerships such as the collaboration between MIDROC Ethiopia and Carrefour, describing it as a strong example of effective business cooperation. “MIDROC, for example, is already working very closely with Carrefour, and I really want to commend that. This is also a very serious and solid company. But I want to see more of that. It is very promising for the future of relations between our two countries,” he added. He noted that such investment models reflect a strengthening economic relationship between Addis Ababa and Paris, which he said will help Ethiopia attract more international businesses for mutual benefit. Concluding his remarks, the Ambassador described ongoing engagement as constructive and expressed confidence in its role in strengthening economic ties and supporting long-term development.
Ethiopia Eyes Historic 10 Billion USD Export Revenue Milestone: PM Abiy
May 3, 2026 1740
Addis Ababa, May 3, 2026 —Prime Minister Abiy Ahmed announced that Ethiopia is on track to generate 10 billion US dollars in export earnings this fiscal year, marking what would be a historic first for the country. Speaking at the opening of the 4th ‘Made in Ethiopia’ Expo, the Prime Minister said the projected revenue reflects a dramatic increase from just three years ago, when the country’s annual export earnings had not exceeded 3 billion USD. PM Abiy attributed the progress to the country’s expanding industrial sector and the success of the Made in Ethiopia movement, noting that manufacturing growth has risen from 4.7 percent to 10.7 percent this year. The Prime Minister said Ethiopia’s economic strategy has focused on expanding exports while reducing reliance on imported goods through domestic production. According to the Premier, Ethiopia has produced 14.5 billion USD worth of import-substitute goods over the past four years, with plans to double that figure in the coming years. In that regard, the Prime Minister warned that failure to expand domestic production would leave the country vulnerable to mounting debt burdens that could affect future generations. The PM also revealed that 993 previously closed industries have resumed operations, contributing significantly to job creation and trade expansion. He added that since the launch of the national manufacturing drive, Ethiopia has attracted 3,680 new investors into the sector. PM Abiy called on Ethiopian manufacturers to embrace economic patriotism by rejecting contraband trade and corruption while improving competitiveness. “The time of producing only for the domestic market is over,” he said, urging local manufacturers to expand into broader African markets. The Prime Minister further disclosed that Ethiopia has identified 96 products for import substitution through local manufacturing, including plans for major expansion in the ceramics industry. He also stated that Ethiopia’s economy is currently growing at 10.2 percent, driven by progress in agriculture, mining, manufacturing, tourism, and technology sectors. In a notable development, Prime Minister Abiy said Ethiopia has moved beyond self-sufficiency in defense production and has begun exporting defense products to more than six African countries. He concluded by emphasizing that Ethiopia’s full economic sovereignty will be achieved once the country begins producing its own industrial machinery for sectors such as defense, textiles, and pharmaceuticals.