Addis Ababa, March 26, 2026 (ENA) —Addis Ababa’s corridor development is a replicable model for cities seeking to regenerate urban spaces efficiently without the financial and social costs associated with building entirely new capitals, according to Prime Minister Abiy Ahmed. In an interview with Kana TV, the Prime Minister reflected on the extensive socio-economic benefits of corridor development projects, emphasizing that Ethiopia’s approach illustrates how existing cities can be modernized without the need to abandon them for costly, newly constructed capitals.   “Some countries have entirely built new cities where fewer than 1,000 people live, despite investing billions of dollars,” he noted, highlighting the inefficiencies observed in such approaches. But now “our model can be adopted as an example,” the premier added. According to him, Ethiopia’s strategy focuses on upgrading existing urban centers while communities remain in place, facilitating gradual but impactful transformation. He stressed that it is possible to modernize and transform cities through measured changes while people continue to live in them. This approach is not limited to Addis Ababa but being replicated across multiple urban centers nationwide, reinforcing a broader shift in Ethiopia’s development philosophy, the PM said.   Prime Minister Abiy further pointed out that attempts by some countries to relocate capital cities far from existing urban hubs, sometimes tens, hundreds, or even thousands of kilometers away, have often proven economically unviable. Illustrating the challenge, he explained that building a new, clean, and modern city elsewhere would not automatically result in a modern urban lifestyle. “If we were to build a new city and relocate residents there, the physical environment may be modern, but the behaviors and systems people bring with them—such as waste management, use of walkways, or parking, would remain unchanged. As a result, the city would quickly deteriorate.” Instead, Ethiopia’s corridor development places equal emphasis on transforming urban culture alongside physical infrastructure.   “What we are doing is not only changing the city; we are also changing behavior,” the Prime Minister stressed. He pointed to visible shifts among residents, particularly the youth who are increasingly adopting cleaner and more orderly urban practices. “While it may not be perfect, many young people strongly oppose littering. They discourage those who pollute, take responsibility, and actively protect their city.” This evolving civic culture, according to him, is central to ensuring the sustainability of infrastructure investments and enhancing the livability of cities.   The PM further stated that Ethiopia’s experience is not only delivering immediate development gains but also creating a learning process that continues to open new opportunities. “We are enjoying the progress while also learning from it. It is opening doors for the next generation of development initiatives,” he noted.

Addis Ababa, March 26, 2026 (ENA) —Ethiopia, with its strategic location, is connecting major markets as its comprehensive economic reform is creating a favorable business climate and enhancing competitiveness, Deputy Prime Minister Temesgen Tiruneh said. The 4th Invest in Ethiopia High-Level Business Forum 2026, themed “Ethiopia Ready for Business,” is taking place in Addis Ababa, aiming to drive investment, exports, and economic transformation. Opening the two-day forum today, Deputy PM Temesgen said Invest in Ethiopia is a platform that connects vision with action, noting, “this gathering is more than a forum it is a moment to strengthen partnerships and take decisive steps toward a future of shared prosperity.” According to the Deputy PM, Ethiopia's comprehensive, deep, and deliberate reform is creating a favorable business climate for the private sector, noting the significance of enhancing competitiveness at the global level. Ethiopia, with its strategic location, is connecting major markets, he said, adding that its young, energetic population and largest dynamic workforce, alongside its comprehensive reform measures, are positioning the country as a key destination for attracting major FDIs. The Deputy PM also particularly described the realization of GERD as a defining moment and a testament to delivering on long-term vision, which is key for industrial transformation, emphasizing, “Landmark achievements such as the Grand Ethiopian Renaissance Dam reflect our capacity to deliver on bold visions.” Stating that Ethiopia understands the significance of global competitiveness, he said the country welcomes competition as it drives progress in all spheres. Minister of Finance Ahmed Shide, on his part, affirmed that the ambition is to position Ethiopia among the leading investment destinations globally. Noting that the Homegrown Economic Reform Agenda puts the private sector at the center, he said the reform has achieved tangible results, including macroeconomic stability, a conducive business climate, an FDI surge, and simplified business regulations, among others. The country is also undertaking massive endeavors to enhance economic integration and expand market access using various platforms, he underscored. Addressing the occasion, Italy’s Vice Minister of Foreign Affairs and International Cooperation, Maria Tripodi, for her part, commended Ethiopia's efforts in creating a stable and competitive business environment. She also affirmed the readiness and commitment of Italy to consolidate Italian presence in Ethiopia in various spheres. “Invest in Ethiopia” is an annual high-level business forum organized by the Ethiopian Investment Commission (EIC) in collaboration with the Ministry of Finance and development partners, aimed at positioning Ethiopia as a leading investment hub in Africa and beyond and attracting foreign direct investment (FDI).  

Addis Ababa, March 25, 2026 (ENA) —Ethiopia and the World Bank have reaffirmed their commitment to strengthening collaboration on trade facilitation, infrastructure development, and accelerating the country’s accession to the World Trade Organization (WTO). Trade and Regional Integration Minister Kassahun Gofe announced the development following bilateral talks held in Yaoundé with World Bank Vice President for Eastern and Southern Africa Ndiamé Diop. “We had a fruitful discussion aimed at strengthening cooperation in Ethiopia’s trade sector, building quality infrastructure, and advancing the country’s membership in the World Trade Organization,” Kassahun said in a statement released after the meeting.   The minister noted that both sides reviewed progress on key initiatives designed to streamline trade processes and enhance competitiveness. These include the implementation of one-stop service systems, the construction of modern livestock trade centers under the DRIVE project, and the development of the National Quality Infrastructure Laboratory Center. According to Kassahun, the two parties agreed to scale up collaboration to deliver stronger results in priority areas. “We have agreed to work together more closely to achieve improved outcomes,” he said.   He also highlighted the role of emerging programs in advancing Ethiopia’s global trade integration. The BOOST project, he noted, is expected to accelerate Ethiopia’s WTO accession, expand engagement under the African Continental Free Trade Area, and enhance the country’s competitiveness in international markets. Kassahun emphasized that increased private sector participation will be central to sustaining economic growth.   “Our future cooperation will focus on strengthening private sector engagement and ensuring that citizens benefit from these initiatives,” he added. The discussions further underscored the importance of building institutional capacity and modernizing trade systems as part of Ethiopia’s broader economic transformation agenda.

Addis Ababa, March 25, 2026 (ENA) — The Ministry of Urban and Infrastructure Development affirmed that Ethiopia is moving away from isolated construction projects toward building integrated systems and a strong national construction industry to drive long term development. Speaking at the Ethiopia Italy Construction Infrastructure and Development Forum in Addis Ababa, Urban and Infrastructure Development State Minister Yetimegeta Asrat said that infrastructure remains central to the country’s economic transformation and long-term vision. The forum brought together senior officials including Addis Ababa Mayor Adanech Abiebie, Finance Minister Ahmed Shide, Irrigation and Lowlands Minister Abraham Belay, Italy’s Deputy Minister of Foreign Affairs and International Cooperation Maria Tripodi, and Italy’s Ambassador to Ethiopia Sem Fabrizi. Yetimegeta elaborated that the country is transitioning toward interconnected infrastructure systems capable of supporting sustainable and inclusive growth. “We are not merely building projects, but fundamentally building systems and a construction industry that can build a nation,” he said, adding that infrastructure serves as the lifeline of the economy. He further noted Ethiopia’s ambition to become hope for prosperity in Africa through resilient and well-connected infrastructure networks. The state minister also noted that Ethiopia has made notable progress in infrastructure expansion, particularly in the road sector, where the national network has grown nearly sevenfold since the late 1990s to exceed 182,000 kilometers. Urban development has also accelerated through corridor projects that have installed 695 kilometers of pedestrian walkways and more than 190 kilometers of bicycle lanes across cities. He added that the construction sector is experiencing rapid growth driven by large scale public and private investment, with projections showing nearly 8 percent annual growth through 2030. Yetimegeta also pointed to major energy projects such as the Grand Ethiopian Renaissance Dam, which is expected to boost electricity generation and support industrialization. Urban regeneration initiatives are also improving economic activity and quality of life in cities nationwide, he said. Meanwhile, Director of the Macroeconomy Department at the United Nations Economic Commission for Africa, Stephen Karingi, underscored the urgent need for sustainable infrastructure financing across Africa. He noted that more than 45 percent of Africa’s population currently lives in urban areas, a figure projected to exceed 60 percent by 2050, adding over 900 million urban residents. “The magnitude of the challenge is considerable. Africa’s infrastructure financing gap is estimated between 70 billion and 110 billion U.S. dollars annually,” he said. Karingi observed that property taxation remains underutilized, contributing only about 0.5 percent of GDP compared to 2 to 3 percent in Organization for Economic Co-operation and Development countries. He called for stronger domestic resource mobilization, improved land valuation systems and more effective revenue collection, alongside expanded access to capital markets and municipal bonds. Karingi also praised Addis Ababa as a model city, citing its leadership in demonstrating the potential of urban development in Africa.

Addis Ababa, March 25, 2026 (ENA) —Ethiopia and Italy have reaffirmed their commitment to expanding cooperation in investment and infrastructure development, as senior officials from both countries highlighted growing prospects for stronger economic ties. The Ethio-Italy Construction and Infrastructure Forum, bringing together high-level government officials and business leaders, is underway in Addis Ababa with the aim of enhancing collaboration in priority sectors. The opening session drew key dignitaries including Finance Minister Ahmed Shide, Irrigation and Lowlands Minister Abraham Belay, Addis Ababa Mayor Adanech Abiebie, State Minister for Urban and Infrastructure Development Yetimegeta Asrat, Italy’s Deputy Minister of Foreign Affairs and International Cooperation Maria Tripodi, and Italy’s Ambassador to Ethiopia Sem Fabrizi , among others. Addressing the forum, senior officials underscored the expanding opportunities for strategic partnership, noting that deepened cooperation could play a vital role in advancing investment flows and accelerating infrastructure development in Ethiopia. Speaking at the forum, Finance Minister Ahmed Shide emphasized that the ongoing macroeconomic reforms are creating a favorable environment for investment and sustainable growth. Ahmed further noted that Ethiopia has embarked on comprehensive reforms aimed at stabilizing the economy and enhancing private sector participation, adding that Italy’s bilateral and multilateral support has played a constructive role. According to the minister, the strong relationship between the leadership of the two countries has delivered tangible results in recent years, with cooperation expanding in volume, quality and scope, particularly in urban development, urban regeneration and the energy sector. According to the minister, Italy has contributed to Ethiopia’s reform efforts through budget support and technical advisory services, while also promoting investment and facilitating the entry of Italian companies into the Ethiopian market. He added that the forum will further strengthen collaboration in construction, technical design, urban utilities expansion and broader infrastructure development. Highlighting developments in the capital, the minister underscored that Addis Ababa is evolving into a major metropolitan hub, attracting investment, improving livability and driving economic activity. The ongoing urban regeneration programs are enhancing social and economic conditions and serving as a model for other cities, with Italy contributing to these efforts, the minister added. He stressed that the government is working to improve service delivery and institutional capacity to better support investors and citizens. “Ethiopia is a country of over 130 million people, undertaking ambitious reforms and offering vast opportunities,” he said, adding, “The country aims to position itself as a regional anchor for stability, economic cooperation and integration.” Italy’s Deputy Minister of Foreign Affairs and International Cooperation Maria Tripodi, on her part, commended Ethiopia’s reform trajectory and economic performance, describing the country as a key driver of development in Africa. She further noted that structural reforms, progress in strengthening the banking sector and gradual integration into the World Trade Organization (WTO) signal Ethiopia’s commitment to openness and modernization. “These developments inspire confidence among international investors and reinforce Ethiopia’s position as a dynamic and emerging market,” she said. Tripodi added that Ethiopia’s economic growth, which has exceeded six percent in recent years, makes it a natural partner for Italy’s production system. Reaffirming Italy’s commitment to deepening economic ties, she said efforts are underway to translate strong political relations into concrete economic opportunities by leveraging Italy’s technological expertise and industrial capacity. According to Tripodi, Italian companies are well positioned to contribute to Ethiopia’s priority sectors, including infrastructure, logistics, urban development and energy. Italy stands ready to support Ethiopia with advanced solutions in sustainable urban development, social housing, waste management and energy infrastructure, she noted. Both sides underscored that the forum serves as a platform to strengthen business-to-business linkages and translate shared commitments into practical outcomes.

Addis Ababa, March 25, 2026 (ENA) —Minister of Finance, Ahmed Shide held a high-level strategic meeting with Sultan bin Abdulrahman Al-Marshad, Chief Executive Officer of the Saudi Fund for Development, aimed at reinforcing bilateral development cooperation and exploring new avenues for partnership. The discussions reviewed ongoing development programs, evaluated the progress of current SFD-supported initiatives, and identified opportunities to accelerate project execution.   Both sides explored expanded collaboration, including financing options for Ethiopia’s upcoming mega airport project, and outlined next steps for the bilateral signing of the debt restructuring under the G20 Common Framework. Minister Ahmed and CEO Al-Marshad also examined key priority sectors for future investment, emphasizing their shared commitment to sustainable development, economic growth, and enhanced bilateral cooperation.   The meeting reaffirmed the strong, long-standing partnership between Ethiopia and the Saudi Fund for Development, setting the stage for a new phase of ambitious joint initiatives.

Addis Ababa, March 25, 2026 (ENA) —Addis Ababa is undergoing a significant transformation through large-scale urban infrastructure development aimed at creating a livable, inclusive, and globally competitive city, Mayor Adanech Abiebie said. Speaking at the Italy–Ethiopia Infrastructure and Urban Regeneration Forum, the mayor emphasized that ongoing projects, ranging from modern buildings and transport systems to riverside developments are reshaping the capital and improving residents' quality of life.   “We are building a habitable, livable, and world-class city for our people, leaving no one behind,” she said, highlighting that infrastructure expansion is central to the city’s long-term vision. Adanech noted that Addis Ababa’s rapid construction drive reflects Ethiopia’s broader ambition for prosperity, with the capital serving as a model for urban transformation across the country and beyond. She added that the city’s development is contributing to increased investment, expanding trade, and stronger institutional partnerships. The mayor also stressed the importance of private-sector engagement and invited international investors, particularly Italian companies to participate in the city’s transformation. Ambassador of Italy to Ethiopia, Sem Fabrizi, praised Addis Ababa’s pace of development, noting that few cities globally match its scale of ongoing construction. Referring to international measures such as the “Crane Index,” he stated that the capital would rank among the world’s leading cities in terms of construction activity.   He further emphasized the deep-rooted relationship between Ethiopia and Italy, expressing confidence that the forum would foster new partnerships, encourage investment, and strengthen cooperation in infrastructure and urban development. Organized by the Italian Ministry of Foreign Affairs and International Cooperation (MAECI), represented by Deputy Minister Maria Tripodi, in partnership with the Italian Embassy in Addis Ababa and the Italian Trade Agency (ITA). This high-level forum brought together Italian and Ethiopian industry leaders, government officials, and key stakeholders to strengthen collaboration on major infrastructure and urban development projects.   The event will feature senior Ethiopian government representatives, including officials from the Mayor's Office of Addis Ababa, the Ministry of Finance, and the Ministry of Urban and Infrastructure Development. Around 25 Italian companies and representatives from key sector associations will participate, focusing on strategic sectors such as transport infrastructure, logistics, urban development, water infrastructure, and energy projects. The forum will highlight Italy's expertise in engineering, construction technologies, and urban regeneration while creating opportunities for collaboration with local developers, institutions, and investors.

Addis Ababa, March 25, 2026 (ENA) —Ethiopia and Saudi Arabia have reaffirmed their commitment to further accelerate ways to boost trade cooperation between the two countries as Ethiopia has stepped up its bid to join the World Trade Organization (WTO). On the sidelines of the WTO's 14th Ministerial Conference (MC14) in Yaoundé, Cameroon, Minister of Trade and Regional Integration Kassahun Gofe, met with Farid Al-Asaly, Deputy Governor for International Agreements and Organizations and Head of Saudi Arabia’s WTO Negotiation Team.   Officials described the meeting as a productive and forward-looking engagement on Ethiopia’s accession process. During the talks, Minister Kassahun reaffirmed Ethiopia’s firm commitment to concluding its WTO accession negotiations by 2026. He emphasized the country’s readiness to expand bilateral market access with Saudi Arabia, highlighting the strong and longstanding relations between the two nations. On the sensitive issue of goods and services negotiations, the minister called on Saudi Arabia to exercise pragmatic flexibility, taking into account Ethiopia’s unique economic circumstances and the special treatment provisions granted to Least Developed Countries (LDCs).   Ethiopia is now approaching a decisive phase in its long-running accession process to the World Trade Organization, after nearly two decades of bilateral and multilateral negotiations aimed at integrating the country into the global trading system. As of early 2026, Ethiopia has successfully concluded bilateral market access agreements with seven WTO member states, while also making steady progress on the multilateral track, according to officials. Recent developments point to renewed momentum, with Addis Ababa accelerating reforms to align its trade regime, regulatory frameworks, and economic policies with international standards.   The Yaoundé sidelines meeting concluded with a concrete breakthrough, as both sides agreed to fast-track technical negotiations to finalize a bilateral market access agreement ahead of the WTO Working Group meeting scheduled for April in Geneva.

Addis Ababa, March 25, 2026 (ENA) —India's Ambassador to Ethiopia, Anil Kumar Rai, has commended the country’s leadership for its forward-looking digital vision, noting that the Digital Ethiopia 2030 strategy is laying a strong foundation for technology-driven and inclusive development. In an exclusive interview with the Ethiopian News Agency (ENA), he said Ethiopia’s leadership has taken bold steps to integrate technology into national development, particularly in light of its large and youthful population. With more than 70 percent of the population under the age of 30, leveraging digital technologies is essential to address development challenges and ensure sustainable growth, he added. According to him, the government’s efforts to expand access to affordable and high-quality data infrastructure are creating a strong backbone for innovation, supported by skilled and educated manpower. “The Government of Ethiopia has taken many steps to make the high-quality data accessible and affordable to the populations and that creates a very strong backbone aided with educated and talented manpower to come up with AI-based solutions.” Ambassador Rai noted that emerging technologies, especially artificial intelligence, are becoming increasingly critical across sectors such as economic development, digital identity, education, health, and banking. Building on this progress, he stated that Ethiopia’s digital policy framework is comprehensive and forward looking, with strong potential to implement solutions at population scale. “We see that many solutions developed elsewhere can be tailored into Ethiopian solutions to address local challenges,” the Ambassador said. He also highlighted Ethiopia’s strategic location in the Horn of Africa and its rapid economic growth over the past decades, noting that several African countries are looking to Ethiopia as a model for transformation. “Although there are many African countries who have AI policy, Ethiopia's AI policy is far more forward looking and it has all the competencies to implement the solutions at population scale, which is a very important aspect in the field of technology.” The Ambassador underscored the importance of continental collaboration, citing frameworks such as Agenda 2063, and suggested that successful digital solutions could be showcased through the African Union for wider adoption across Africa. Ethiopia launched its Digital Ethiopia 2030 strategy is aimed at transforming the country into a digitally enabled economy. The strategy focuses on expanding digital infrastructure, improving connectivity, and promoting innovation to enhance public service delivery and economic productivity. The government has also prioritized human capital development and technological capacity building, recognizing digital skills as critical to future growth.

Addis Ababa, March 25, 2026 (ENA) —Prime Minister Abiy Ahmed has underscored that Ethiopia’s ongoing corridor development initiatives are delivering far-reaching economic and social benefits, extending well beyond urban beautification. For the Prime Minister, city corridor projects are dramatically altering the country’s development trajectory. In a wide-ranging interview with Kana TV, the PM highlighted how corridor development projects in Addis Ababa and other major cities are transforming urban landscapes while unlocking new opportunities in infrastructure, trade, and nationwide economic growth. He explained that this transformation reflects a broader shift in Ethiopia’s urban development philosophy under the Medemer (Synergy) approach, which recognizes cities as the central social and economic foundation of the nation. According to the Prime Minister, previous governments often regarded urban centers with suspicion, treating them as political threats, a stance he described as a critical error that hindered national progress. In contrast, he emphasized that urban populations must be embraced as a vital political and economic base. Highlighting the strategic importance of cities, he noted that Addis Ababa alone generates nearly half of Ethiopia’s annual GDP. The Premier further described the capital as a “laboratory of togetherness,” where diverse cultures, languages, and religions coexist and contribute to a shared national identity. The Prime Minister stated that cities serve as key indicators of a nation’s civilization and development, reflecting progress, efficiency, and modernity. He stressed that urban centers should be recognized as engines of prosperity, with their residents forming the backbone of national transformation. Describing cities as hubs of innovation, production, and creativity, he referred to them as the “hands and minds of the nation,” adding that rapidly growing urban areas like Addis Ababa hold immense human potential capable of accelerating economic advancement if effectively harnessed. Focusing on corridor development, the Prime Minister noted that these projects are designed with multiple objectives, including addressing infrastructure gaps, reducing unemployment, and supporting long-term economic growth. He said the initiatives have created substantial employment opportunities both during and after construction, while equipping young people with practical skills that in many cases surpass formal academic training. Many of these skilled workers are now contributing to major projects in regional cities. He also highlighted the role of corridor development in accelerating housing construction, noting that thousands of residential units have been delivered within a short period, stimulating the real estate sector. Improved road networks, he added, have significantly reduced travel times, enhancing mobility and productivity across the capital. The Prime Minister further pointed to the riverbank development project in Addis Ababa as a landmark achievement with international relevance. Despite its complexity, he described it as a transformative initiative that will stand as a lasting legacy for future generations. The project has created inclusive public spaces that strengthen social cohesion while promoting healthier lifestyles through parks and recreational facilities. He noted that similar projects are being replicated in cities such as Bishoftu, Jimma, Arba Minch, and Bahir Dar, with additional developments underway in Hawassa. Looking ahead, the Prime Minister identified digital technology as a cornerstone of Ethiopia’s national development strategy, describing it as a critical enabler across all sectors. He stressed that without robust digital infrastructure, progress in education, healthcare, and industry cannot be sustained, emphasizing the need to build a competitive and skilled workforce. Citing ongoing efforts, he highlighted the establishment of Africa’s leading artificial intelligence institute and the implementation of the “5 Million Coders” program, through which more than 3.5 million citizens have already received training. While acknowledging these achievements, the Prime Minister emphasized that continued investment and sustained commitment to digital transformation will be essential to securing Ethiopia’s long-term growth and global competitiveness.

Addis Ababa, March 25, 2026 (ENA) —Innovation is reshaping the financial landscape in Ethiopia as the country continues its financial reform and economic transformation agenda, National Bank of Ethiopia Governor Eyob Tekalign said. An International Conference on Next Generation Microfinance is underway at the UNECA in Addis Ababa under the theme "Unlocking Opportunities through Innovation, Inclusion and Resilient Financial Services". Opening the three-day conference today, the Governor said microfinance institutions are not just financial service providers for millions of Ethiopians but also partners. As Ethiopia continues its financial reform and economic transformation agenda, the microfinance sector is uniquely positioned to bridge gaps between formal financial systems and underserved populations, he added. According to him, the microfinance sector is contributing meaningfully to poverty reduction, job creation, and shared prosperity. For the Governor, innovation is reshaping the financial landscape in Ethiopia; and what is being reshaped in Ethiopia is not just the financial sector but the whole nation. The expansion of digital financial services, mobile money platforms, fintech solutions, and agent banking is transforming how financial sector services reach communities, especially those previously excluded due to distance cost or formality. Innovations offer unprecedented opportunities to improve efficiency, and enhance customer experience, Eyob said, adding that innovation must however be inclusive. Resilient financial services are built on strong governance, sound risk management, diversified funding, strong capital, and prudent use of technology, according to the Governor. International Fund for Agricultural Development (IFAD) Country Director, Mawira Chitima, said the Fund has been working with the Ethiopian microfinance sector and financial inclusion of Ethiopia for the over 25 years.     “In this period, we have seen a tremendous growth in this sector and improved rural financial inclusions as well.” Association of Ethiopian Microfinance Institutions (AEMFI) Board Chairman, Mekonnen Yelewumwossen, for his part highlighted the unreserved contribution of the association to the growth of the sector. The Chair also reiterated the commitment of the association for the realization of the financial inclusion of Ethiopia, working with pertinent stakeholders in the sector.   The Conference on Next Generation Microfinance is organized by AEMFI, in collaboration with partners, bringing together policymakers, financial sector leaders, development partners, technology innovators, and microfinance practitioners from Ethiopia and around the world.

Addis Ababa, March 24, 2026 (ENA) —The Government of Ethiopia has been intensifying its effort to boost horticulture, design policies and strategies that attract both local and foreign investors into the sector, Agriculture State Minister Sofia Kassa said. The 10th edition of the Hortiflora Expo was opened in Addis Ababa today, bringing together key players from across the globe. Opening the Expo, State Minister Sofia Kassa said the government has designed agricultural and rural development policy that enables to boost production of flower, vegetables, and fruits. This expo is taking place at a critical time when the government intensifies its effort to transform the agriculture sector with a strong focus on food system, modernization, technological advancement, irrigation expansion, and import substitution, she added. According to the State Minister, agriculture remains the backbone of Ethiopia’s economy, contributing 32 percent to the GDP. Moreover, the horticulture sector has positioned Ethiopia among the leading flower exporter globally, becoming the major source of foreign exchange earner to the national export revenue. Currently, Ethiopia is the second largest flower exporter in Africa. Ethiopian Horticulture Producer-Exporters Association (EHPEA) Chairman, Nega Mequanint on his part said the sector has demonstrated resilience, adaptability, and strong performance, positioning Ethiopia as a competitive and relevant player in the international horticulture market. In the previous fiscal years, the industry has generated more than half a billion US dollars in export value, he added. According to him, the sector employs around 200,000 Ethiopians, predominantly women, and contributes significant to poverty reduction and skill transformation. This achievement would not have been possible without continued support and commitment of the Government of Ethiopia, particularly the Ministry of Agriculture and the Ethiopian Agriculture Authority. Netherlands Ambassador to Ethiopia Chritine Pirenne said the long-standing partnership in horticulture is one of the best collaboration areas with Ethiopia. According to her, Dutch investors played an important role in the early development of Ethiopia's floriculture industry, supporting technology, and expertise and knowledge transfer. Today, the sector has grown into one of Ethiopia's most successful export industries, creating hundreds of thousands jobs and generating much needed foreign exchange for the country, the Ambassador noted. Ambassador Pirenne added that there are around 100 Dutch companies that are active in Ethiopia across different sectors, including horticulture. The three-day expo has attracted various participants, including producers, exporters, seed suppliers, global buyers, financial institutions, technology providers, logistics firms, policymakers, and researchers, among others.

Addis Ababa, March 24, 2026 (ENA) —Domestic investors now account for 58.5% of active investments in Ethiopia’s Special Economic Zones (SEZs), signaling a major shift driven by recent policy reforms and targeted incentives, according to the Industrial Parks Development Corporation (IPDC). Speaking to ENA, Deputy CEO Fitsum Ketema said the remaining share consists of foreign investors and joint ventures. He emphasized that this marks a significant transformation compared to just five or six years ago, when SEZs were largely dominated by foreign companies. “Today, a range of incentive schemes has been put in place for domestic investors. By using these opportunities, they are supplying their products to both domestic and export markets,” he said.   He added that Ethiopia’s industrial parks have now been upgraded into Special Economic Zones, improving their ability to attract investors across multiple sectors. “We are seeing progress in all indicators. The number of investors is increasing, export earnings are growing, and import substitution is also improving,” he stated. Fitsum noted that investment has expanded beyond garment and textile, which previously dominated the parks. “In the past, most investors were engaged in garment. It even seemed as if the parks were only for garment and textile. Now, we have diversified,” he said.   According to him, new investments now include agro-processing, product assembly, construction materials, and high-tech industries. “This diversification is why export earnings are increasing and import substitution is improving,” he added. He also stressed the need to shift toward higher-value exports. “The volume of textile exports can be high, but the value is low. We need to increase value and move into high-tech sectors,” he said. Citing recent developments, Fitsum pointed to solar panel manufacturers operating in the Hawassa Special Economic Zone. “Companies producing solar panels are exporting products worth millions of dollars every month,” he noted. He added that export performance is already showing strong growth.   “Our exports have grown to more than double compared to last year,” he said, expressing optimism that the trend will continue as more technology-focused companies enter the zones. On import substitution, Fitsum underscored its strategic importance. Import substitution reduces dependence on foreign products and helps limit imported inflation, he said. He added that strengthening local production can help Ethiopia meet domestic demand and reduce vulnerability to global supply disruptions. Overall, he said the reforms and diversification underway in the SEZs are laying the foundation for sustained industrial growth and stronger economic self-reliance.

Addis Ababa, March 24, 2026 (ENA) —The Ethiopian Horticulture Producer Exporters Association has officially convened the 10th edition of the Hortiflora Expo in Addis Ababa, bringing together key players from across the global horticulture industry. The three-day international expo has attracted a diverse mix of participants, including producers, exporters, seed suppliers, global buyers, financial institutions, technology providers, logistics firms, policymakers, researchers, and academics from more than 50 countries. The event underscores Ethiopia’s rising position as a global horticulture powerhouse.   The country is now among the world’s leading producers of cut flowers, generating between 500 and 600 million USD annually and ranking as Africa’s second-largest exporter in the sector. Horticulture has become a cornerstone of Ethiopia’s economy, standing as the second-largest foreign exchange earner after coffee within the agricultural sector. In the last fiscal year alone, the subsector generated 564.89 million USD in export revenue, with flowers contributing approximately 80 percent of total earnings. Industry leaders point to ongoing policy, regulatory, and directive reforms as key drivers of future growth. These changes are expected to unlock significant expansion in the export of fruits, vegetables, herbs, and hybrid seeds, further diversifying Ethiopia’s export base.   This year’s expo features more than 150 local and international exhibitors and is designed to serve as a high-impact platform for business and investment. It facilitates business-to-business (B2B), business-to-consumer (B2C), and business-to-government (B2G) engagements, creating unmatched opportunities for deal-making and partnership building. In addition to the exhibition, the event hosts high-level forums addressing critical issues shaping the future of horticulture. Discussions will cover global market trends, technological innovation, logistics, sustainable finance, and supply chain resilience. Specialized side sessions are also tackling emerging priorities such as consumer behavior and food safety, sea freight challenges, artificial intelligence in agriculture, circular economy solutions, and the intersection of gender and sustainability.   Held at the Addis International Convention Center, the 10th Hortiflora Expo is being described as a landmark gathering, uniting the full spectrum of local and international actors across the horticulture value chain. Organizers say the event not only reflects Ethiopia’s current success but also signals its ambition to become a leading global hub for high-value agricultural exports. As momentum builds, the expo stands as both a celebration of progress and a strategic platform to drive the next phase of growth in one of Ethiopia’s most dynamic sectors.

Addis Ababa, March 24, 2026 (ENA) —The Ministry of Agriculture announced that Ethiopia has launched an ambitious national program to expand sorghum production, aiming to strengthen food self-sufficiency, reduce import dependence and support agro-industrial growth. A National Sorghum Flagship Program validation workshop bringing together farmers, researchers and development partners to refine a strategy aimed at unlocking the country’s untapped land, water resources and diverse sorghum varieties was held today in Addis Ababa. Opening the workshop, Agriculture Minister Addisu Arega emphasized that the initiative is part of broader efforts to respond to rising global food prices and increasing domestic demand driven by population growth. "The government is focusing on increasing local farming to satisfy the rising needs," he said, stressing that "growing our own food is crucial for stopping the expensive import of huge amounts of grain." He noted that the program prioritizes strengthening the sorghum value chain through improved seeds and modern technologies. "By investing in innovative seed development and new technologies, this plan aims to achieve food security and economic growth through import substitution, specifically targeting the advancement of the beverage and poultry industries to bolster rural wealth," he said. Addisu added that "these programs will improve our local production ability and encourage long-lasting growth, which will help farmers and the entire community." The minister described the initiative as a shift toward linking staple crop production with industrial development, turning sorghum into a strategic driver of economic transformation. State Minister of Agriculture Meles Mekonen said sorghum remains a critical pillar of Ethiopia’s food system despite ongoing focus on wheat, oilseeds and rice. "Sorghum is the fourth most important grain for food in our country and is crucial for food security and food sovereignty," he said.

Addis Ababa, March 23, 2026 (ENA) —Ethiopia is stepping up efforts to transform its agribusiness sector, with senior officials calling for stronger private investment to achieve food sovereignty and reduce reliance on imports. Agriculture Minister Addisu Arega said private investors play a decisive role in driving agricultural transformation and ensuring the country’s food security. Speaking at a stakeholder consultation forum in Addis Ababa assessing large-scale agricultural land investments, the minister emphasized that the government’s Medemer State philosophy places food self-sufficiency at the center of the East African nation’s policy. Ethiopia is pursuing a broad overhaul of its agricultural sector under the Medemer philosophy, with a focus on expanding domestic production capacity and strengthening resilience. “The concept of Medemer is primarily focused on ensuring that the country achieves sufficient food production and becomes self-sufficient,” Addisu said. Under the revised Agricultural and Rural Development Policy, agricultural investment has been identified as one of nine strategic priority areas. The government is seeking to boost private sector participation, with an emphasis on increasing both the volume and quality of agricultural output. The minister noted that about 8,742 investors are currently engaged in the sector, with nearly 2.3 million hectares of land allocated for agricultural development. However, he acknowledged ongoing performance challenges. “Only about 45 percent of the allocated land is currently under active use, which shows the need to strengthen productivity and operational efficiency,” he said. Addisu also pointed to Ethiopia’s lag in agribusiness development compared to peer countries, citing limited adoption of modern technologies and innovative practices. He highlighted Vietnam, Malaysia, and Indonesia as examples of how technology and innovation can significantly boost agricultural productivity and competitiveness. State Minister of Agriculture Meles Mekonen underscored the sector’s critical role in the national economy, particularly in job creation and livelihoods. “Agriculture not only provides a foundation for food security but also creates employment opportunities, particularly for a large number of youths and women,” Meles said. He stressed that expanding participation among these groups, alongside adopting modern farming techniques and optimizing land use, is essential to improving productivity and strengthening the sector. Meles also highlighted the need for sustained government support to encourage investment and innovation, noting that enhancing farmer education and integrating modern practices will be key to building a resilient agribusiness system and ensuring access to safe and affordable food.

Addis Ababa, March 23, 2026 (ENA) — Foreign investors operating in Ethiopia’s Special Economic Zones (SEZs) and the Dire Dawa Free Trade Zone have commended the country’s improving investment climate, citing streamlined services, incentives and growing opportunities. The government has intensified efforts to attract quality investment from across the world by offering a range of incentives and building conducive business environments. SEZ and the Dire Dawa Free Trade Zone are emerging as key hubs drawing both foreign and domestic investors. Currently, more than 290 local and international investors are engaged in diverse business activities across 14 SEZs established in different parts of the country. The Industrial Parks Development Corporation (IPDC), established in December 2014, manages 11 SEZs and three industrial parks, providing integrated infrastructure to support industrialization. These zones are strategically located along major economic corridors, taking advantage of transport connectivity and proximity to resource hubs. In an exclusive interview with ENA, Nalini Ranjan Nayak, Director of Indian Glocare Pharma Manufacturing PLC operating in Addis Ababa Kilinto Industrial Park, affirmed the company has been active in Ethiopia for over three years, supplying pharmaceuticals to the domestic market with plans to expand exports. “With respect to the business facilities, we are offered a lot of opportunities inside the industrial park, including duty free privileges and advantages in importing raw materials and packaging materials,” he said, adding, “We are also in a tax holiday period, which helps us manage our finances during the early stage of investment.” He further highlighted the efficiency of integrated services within the zones. “Almost all government institutions have established a system inside the SEZs, providing one window services. We get everything in one place, all documentation and formalities are completed in a single office inside the park,” he added. According to him, support from the Prime Minister’s Office, Ministry of Industry and IPDC is enormous and encouraging. “Definitely there is a very good scope. The way government regulations are opening up presents a strong opportunity for future direct foreign investment into SEZs,” he added. kapil Singhvi, owner of MOHAN PLC, which began operations in the Dire Dawa Free Trade Zone in January 2025, also expressed satisfaction with the business environment and institutional support. “We are very happy with IPDC, they always supported us,” he said, noting the assistance received from key institutions including IPDC, the Ethiopian Investment Commission and the National Bank of Ethiopia. He further explained that the company is engaged in merchandise trading, sourcing raw materials and supplying them to the local market while preparing to enter export markets. “We are very optimistic. With the growth Ethiopia is registering, business will boom. There is a big opportunity for startups and more investors will come,” he said.

Addis Ababa, March 23, 2026 (ENA) —Prime Minister Abiy Ahmed has officially inaugurated the newly developed Niin Lee Palm Lodge in Afar region, marking a major milestone under the government’s ‘Dine for Generations’ initiative. The inauguration is also signaling a bold push to elevate the Ethiopia’s global tourism profile. Speaking at the inauguration, the Prime Minister underscored the profound historical and symbolic importance of the location, widely recognized as one of the oldest landscapes on Earth and the site associated with the discovery of Lucy, one of humanity’s earliest known ancestors. Framing the project within a powerful national narrative, he stated: “From Lucy to Niin Lee Palm Lodge — celebrating Afar’s gift,” emphasizing the connection between Ethiopia’s ancient origins and its modern development trajectory. Positioned as more than a luxury destination, the lodge is designed to serve as a bridge between Ethiopia’s deep-rooted heritage and its forward-looking economic ambitions. Developed as a flagship project, Niin Lee Palm Lodge sets a new benchmark for high-end tourism and sustainable regional investment. Spanning 78,000 square meters, the resort blends natural beauty with advanced infrastructure, offering visitors a unique eco-tourism experience. Key attractions include the signature “Blue Eye” natural hot spring pool, two artificial lakes, lush greenery with diverse fruit and forest trees, and a 3.2-kilometer scenic hiking trail. The lodge features premium accommodations tailored to international standards, including two presidential villas with private pools, twelve interconnected bedrooms, and sixteen one-bedroom units. Complementary facilities include dedicated dining venues, a modern reception complex, a fully equipped conference hall, administrative offices, extensive parking space, and a dual-capacity helipad. The Niin Lee Palm Lodge is expected to play a pivotal role in positioning the Afar Region as a global tourism destination, showcasing its extraordinary natural landscapes, rich cultural heritage, and unmatched archaeological significance.

Addis Ababa, March 22, 2026 (ENA) —Agricultural mechanization has become a cornerstone of Ethiopia’s ‘Medemer’ state strategy, signaling a decisive shift toward a technology-driven farming economy, according to the Ministry of Agriculture. On Sunday, the Ministry distributed mechanization equipment valued at 2.32 billion Birr to all regional states and the Dire Dawa City Administration, marking one of the largest coordinated efforts to modernize Ethiopia’s agricultural sector.   The package includes 63 tractors, 71 walking tractors, 150 rice threshers, four egg incubators and hatchers, five groundwater pumps, 460 solar-powered pumping units, 15 field vehicles, 243 motorcycles, and 980 computers, reflecting a comprehensive approach to upgrading both field operations and administrative capacity. Addisu Arega, Minister of Agriculture, said the initiative is part of a broader agenda to transform Ethiopian farming from subsistence-based methods into a modern, efficient, and competitive sector.   "Advancing agricultural mechanization is a top priority of the Medemer government," Minister Arega stated during the handover ceremony. He added that expanding access to modern equipment is essential to move beyond traditional farming practices. The initiative, supported by the Government of South Korea and key development programs, leverages partnerships with the Food Systems Resilience Program, Sustainable Land Management Program, Emergency Locust Response Project, Productive Safety Net Program, and the Ethiopian Agricultural Transformation Institute. According to the minister, modern equipment will boost productivity, improve product quality, strengthen Ethiopia’s competitiveness in international markets, and enhance food security nationwide.   He emphasized that agriculture remains a primary livelihood for millions, particularly youth and women, making mechanization crucial for inclusive development. Replacing labor-intensive methods like oxen-drawn ploughing with modern technology is expected to reduce workload, increase efficiency, and minimize post-harvest losses. Beyond mechanization, the Ministry is prioritizing irrigation expansion, livestock breed improvement, biotechnology adoption, poultry distribution, and enhancements in animal health and feed systems.   Minister Addisu urged regional administrations to use the distributed equipment effectively, with strong oversight and accountability, to maximize its impact on agricultural production and productivity.

Addis Ababa, March 22, 2026 (ENA) —Niin Lee Palm Lodge, a landmark project under Ethiopia’s Dine for Generations Prime Ministerial initiative, officially opened this week in the Afar region, setting a new standard for luxury tourism and sustainable regional development. Spanning 78,000 square meters of verdant landscape, the lodge combines natural beauty with state-of-the-art infrastructure, according to Office of the Prime Minister. Guests can explore diverse fruit and forest trees, the signature “Blue Eye” natural hot spring pool, two artificial lakes, and a 3.2-kilometer scenic hiking trail designed to enhance eco-tourism experiences.   The resort offers premium accommodations, including two presidential villas with private pools, twelve interconnected bedrooms, and sixteen one-bedroom units. Facilities also include dedicated dining venues, a modern reception complex, a fully equipped conference hall, administrative offices, ample parking, and a dual-capacity helipad. As Niin Lee Palm Lodge prepares to open, Prime Minister Abiy Ahmed has arrived in the Afar region to officially inaugurate the landmark resort.   Emphasizing the symbolic significance of the location, he noted its global recognition as the site linked to Lucy, one of humanity’s earliest known ancestors. In a social media post, he said: “From Lucy to Niin Lee Palm Lodge — celebrating Afar’s gift.” More than a luxury retreat, Niin Lee Palm Lodge is expected to boost the local economy, attract high-end tourism, host international conferences, and create employment opportunities across hospitality and service sectors.   The project aligns with Ethiopia’s broader vision of leveraging strategic investments to develop world-class destinations while promoting inclusive and sustainable growth. Niin Lee Palm Lodge now stands not only as a premier resort but also as a symbol of transformative leadership and forward-looking development.