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Member of European Parliament Describes Ethiopia's Quest for Sea Access as Logical Right
Apr 9, 2026 1172
Addis Ababa, April 9, 2026 (ENA) —Ethiopia's quest for access to the sea is a logical right as the country is one of the rising states in the middle of various challenges, Thierry Mariani, a Member of the European Parliament (MEP), noted. Historical accounts show that the prominence of the Axumite civilization and its strong engagement in international commerce were closely tied to direct access to sea outlets. This legacy endured for generations with Ethiopia sustaining naval capacity that contributed to stability in the Red Sea and the surrounding region. The loss of direct access to the Red Sea coast followed a convergence of internal and external pressures in the early 1990s, leaving the country landlocked. In an exclusive interview with ENA, the MEP said it is not logical that one of the main states in the region is a landlocked country without any access to the sea. Stating the significance of finding a lasting solution for the situation, Mariani said it is logical that the state has access to the sea. “It is not me who said this. There was in the convention for the Law of the Sea very clearly explained that each state should have an access to the sea,” he stressed. Ethiopia has had no access for a long time, the MEP noted, adding that “to have access is, I think, an essential condition for a country like Ethiopia.” For the second most populous nation in Africa and the headquarters of the African Union, enhancing the discussion, negotiating, and finding a solution is instrumental, Mariani underscored. According to him, “it is a logical right for Ethiopia to ask for access to the sea. That is why I hope the discussion in this region will make good steps to find a solution.” The interest of Europe, the MEP said, is to have a safe situation in this part of the world, the Gulf of Aden and Strait of Bab el-Mandeb. “That is why we can just see that it is not normal that you stay without having access to the sea.” Therfore, it is normal that the country asks and negotiates pacifically for securing access to the sea. Mariani cited the expensive cost of imported goods for the country which has a huge population. Commenting on the reforms undertaken by the government in various spheres, the MEP said: “I was in Ethiopia some years ago. I see the difference when you arrive from the airport. You see the many changes in your capital. You see that you are more and more present in international affairs.” He further noted that Ethiopia is one of the rising states in the middle of various challenges. Ethiopia’s pursuit of access to the sea is driven by a combination of rapid economic growth, population exceeding 130 million, strategic positioning in the Horn of Africa, and historical legacy.
Ethiopian Airlines Eyes Global Competitiveness as It Marks 80 Years of Service
Apr 8, 2026 2096
Addis Ababa, April 8, 2026 (ENA) — Ethiopian Airlines has reaffirmed its ambition to become one of the world’s most competitive carriers as it celebrates its 80th anniversary, aligning its long-term expansion with the Vision 2040 strategy. Ethiopian Airlines Group CEO Mesfin Tassew made the remarks as the airline launched a series of commemorative events, reflecting on eight decades of operational excellence, resilience, and steady growth. Under Vision 2040, the airline plans to expand its destinations from 145 to 243, increase its fleet from more than 150 aircraft to 350, and grow annual passenger traffic from 20 million to 60 million. Mesfin disclosed that the airline has already placed orders for 117 aircraft, scheduled for delivery over the next seven years, underscoring its commitment to fleet modernization and service expansion. Founded on April 8, 1946, Ethiopian Airlines has grown into Africa’s leading aviation group, now operating across five continents and serving 145 destinations with a modern fleet exceeding 150 aircraft. The CEO noted that the airline’s success has been built on strong commitment and sustained performance over the past eight decades, adding that maintaining its leadership in Africa requires continuous efforts to enhance global competitiveness. “Even if Ethiopian Airlines is one of the leading airlines in Africa, we are working to be one of the internationally competitive airlines in the world,” Mesfin said. He added that the airline will continue marking its 80th anniversary with a series of events in the coming days, celebrating its legacy while advancing its global ambitions.
Ethiopia Secures Landmark Arbitration Wins Worth Over 850 million USD
Apr 8, 2026 3475
Addis Ababa, April 8, 2026 (ENA) — Ethiopia has secured decisive victories in two major international arbitration cases, successfully defending claims exceeding 850 million USD and reinforcing its legal position in global dispute resolution, the Ministry of Justice announced. State Minister of Justice Belayihun Yirga disclosed the outcomes during a press briefing, outlining their implications and highlighting ongoing legal reforms aimed at strengthening the country’s capacity in international litigation. The cases involved a Turkish construction firm and a Netherlands based company, both of which sought substantial financial compensation from the Ethiopian government. The first claim was brought by Akgun Insaat Makina Sanayii ve Dis Ticaret Ltd. Sti., which had secured a license to develop an industrial zone and demanded more than 500 million USD. The dispute emerged after authorities found that the proposed project site was located near the Legedadi and Dire dams, critical sources of potable water for Addis Ababa. The company failed to provide a satisfactory Environmental Impact Assessment as required by law and consequently, we requested relocation to safer alternative sites away from the dams to protect the city’s water supply, Belayihun said, noting that they refused and instead claimed a violation of investment protection rights. The tribunal ultimately dismissed the claim, affirming that Ethiopia acted within its sovereign authority to protect public health and the environment in accordance with international law. The second case involved African Asset Finance Company Holding B.V., widely known as Ethio Lease, a Netherlands registered firm that sought more than 350 million USD, alleging that regulatory enforcement measures breached investment protections. “Our Ministry led the defense, drawing on both internal and external legal expertise. After extensive oral proceedings in The Hague, the tribunal unanimously dismissed the claim and ordered the claimant to reimburse Ethiopia for part of the legal costs,” Belayihun stated. He noted that Ethiopia, a signatory to more than 30 bilateral investment treaties, is strengthening its institutional capacity to manage complex international disputes and safeguard national interests. “These outcomes demonstrate that while Ethiopia is a developing country, it has the institutional strength to prevail in international legal arenas. They also serve as a deterrent against attempts to use litigation as a tool of pressure,” he said. The state minister further revealed that Ethiopia is in discussions to host a branch of the Permanent Court of Arbitration (PCA), a move aimed at positioning the country as a regional hub for international dispute resolution. According to the state minister, Ethiopia is well placed to serve as a center for arbitration, given its growing investment landscape, strong air connectivity, and its role as host of the African Union. "We are working with the Ministry of Foreign Affairs to finalize the Host Country Agreement for the PCA," he added. He emphasized that the rulings not only shield the national treasury from significant financial liabilities but also signal that Ethiopia remains a rules based and fair destination for responsible investment.
Labor Market Information System Expands Access to Jobs for Millions: Ministry
Apr 8, 2026 895
Addis Ababa, April 8, 2026 (ENA) —The Ministry of Labor and Skills said that Ethiopia’s Labor Market Information System is increasingly transforming the employment landscape by linking job seekers with opportunities both at home and abroad. Speaking to ENA, State Minister of Labor and Skills Solomon Soka noted that the digital platform has become a critical tool in aligning labor supply with market demand, enabling job seekers to connect with employers across sectors and borders. He explained that the system centralizes national data on vacancies and job seekers while helping the workforce acquire relevant skills to remain competitive globally. “The system continues to facilitate vital connections between job seekers and employers across domestic and international landscapes,” Solomon stated. Reflecting on its performance over the past four years, he revealed that about 1.2 million Ethiopians have secured employment overseas through the platform. At the national level, the system has also enabled around 45,000 young graduates to access formal employment opportunities. He emphasized that Ethiopia’s Homegrown Economic Reform has played a key role in expanding digital infrastructure and unlocking new employment pathways, particularly through financial technology. “The reform has not only widened digital access but also created new avenues for jobs through fintech innovations,” he added. The state minister further highlighted that the Digital Ethiopia 2025 strategy has already generated significant employment through digital platforms, with ongoing efforts to scale up achievements under the Digital Ethiopia 2030 vision. He added that the system is contributing to a growing number of citizens engaging in remote and freelance work abroad, as well as technology-driven roles within the country.
Djibouti Prioritizes Ethiopian Cargo at Ports, Says Ports Authority Chairman
Apr 8, 2026 1675
Addis Ababa, April 8, 2026 (ENA) —Djibouti will continue to give priority handling to cargo destined for Ethiopia, according to Aboubaker Omar Hadi, Chairman of the Djibouti Ports and Free Zones Authority (DPFZA). Speaking to the Ethiopian News Agency, Hadi emphasized that Djibouti’s deep-sea ports have sufficient capacity to manage rising cargo volumes without experiencing congestion. “For Ethiopia, we are going to give priority to all Ethiopian cargo destined to Ethiopia, especially fertilizer,” Hadi said, describing the growing demand as an opportunity for Djibouti to strengthen its role in global logistics and transshipment. For decades, Djibouti has served as Ethiopia’s primary maritime gateway, handling more than 90 percent of its import and export trade due to Ethiopia’s landlocked status. The strategic Addis Ababa–Djibouti Corridor, anchored by modern highways and the electrified Addis Ababa–Djibouti Railway, has significantly improved logistics efficiency, reducing transit times and enhancing trade connectivity between the two countries. As a result, Djibouti has evolved into a critical logistics hub, with much of its port activity dependent on Ethiopian cargo volumes. Addressing ambitions of becoming the region’s largest logistics hub, Hadi noted that Djibouti is already sufficiently prominent. “We are enough visible. We don't want to be more visible. It's very dangerous to be more visible,” he said, while underscoring the country’s strategic position at the southern entrance of the Red Sea. Ethiopia’s continued economic expansion, driven by industrialization, infrastructure development, and increasing trade, has led to higher demand for port services. Rising imports such as fuel, machinery, and consumer goods, along with growing exports of agricultural and manufactured products, are placing additional pressure on logistics systems. Hadi stressed, however, that Djibouti’s ports can handle the increased traffic. He acknowledged that minor delays of one to two days may occur due to vessel scheduling, particularly during simultaneous arrivals of ships carrying bulk commodities like fertilizer, but noted that such delays are typical in global port operations. Reaffirming the strong bilateral relationship, Hadi said Djibouti continues to provide Ethiopia with the facilities required to support its trade needs. He also revealed that Djibouti has proposed shareholding arrangements for Ethiopia in certain port assets. With the upcoming Kiremt (rainy) season approaching, Djibouti is prioritizing timely fertilizer shipments to Ethiopia. “We are going to give priority particularly for fertilizers to Ethiopia before the rainy season,” Hadi said, adding that discussions are underway regarding investments in additional storage facilities. While port congestion is unlikely, Hadi noted that delays are more likely to occur inland, particularly within rail and road transport systems. To ease pressure, Djibouti plans to expand transshipment operations, including ship-to-ship transfers, as part of efforts to enhance efficiency and strengthen its position in global logistics.
Ethiopia's Shift in SOEs from Managing Risks to Unlocking Opportunities Maximizing Economic Growth: WB
Apr 7, 2026 1813
Addis Ababa, April 7, 2026 (ENA) —Ethiopia is increasingly shifting its focus from managing risks to unlocking opportunities in the reform of state-owned enterprises (SOEs), aiming to better utilize public assets to drive economic growth and job creation, according to the World Bank Group. The World Bank noted that in the first nine months of the 2024/2025 fiscal year alone, SOEs paid 600 million USD in taxes and 120 million USD in dividends, easing pressure on the national budget and helping finance key public services. It stated that a 2021 World Bank review found that revenues and net worth rose for 41 federal SOEs from 2013 to 2019, but profitability fell. Accordingly, many SOEs were unable to sustain themselves financially and relied heavily on government support. Weak financial reporting and limited oversight also made it difficult to assess risks and performance across the sector. However, recent reforms have brought notable improvements, with most federally owned enterprises now producing timely financial statements, undergoing external audits, and disclosing their results. Regular performance reviews have also been introduced to strengthen accountability and guide investment decisions. The progress, the World Bank stated, reflects sustained and deliberate reform efforts supported by the World Bank Group since 2019 through the Ethiopia Reform Support Multi-Donor Trust Fund. Through this support, the Ministry of Finance established the country’s first comprehensive database of state-owned enterprises, providing policymakers with a consolidated view of revenues, expenditures, liabilities, and associated risks. An SOE Oversight Directorate has also been created to monitor performance and manage fiscal exposure, replacing fragmented reporting systems with a more coordinated and data-driven approach. Institutional reforms, including the introduction of a privatization law and the establishment of Ethiopian Investment Holdings, have further strengthened governance and improved the management of public assets. A new legal framework also requires SOEs to adopt international financial reporting standards and ensure professional and independent management. The World Bank noted that improvements are also being observed at the enterprise level, with some companies turning around their performance and others restructuring to better support private sector participation. According to the World Bank Group, the reforms are contributing to broader economic outcomes, including job creation, expansion of services, and increased investment across key sectors. Importantly, these reforms are shaping Ethiopia’s jobs outlook. Better managed and more financially stable enterprises are now able to expand their services and invest in new areas, while also creating space for skills development and new employment across key sectors of the economy. World Bank Division Director for Eritrea, Ethiopia, South Sudan, and Sudan, Maryam Salim, said: ''Ethiopia’s progress in modernizing its SOE sector demonstrates what is possible when strong government leadership is paired with targeted support. By strengthening governance and aligning public assets with development goals, the country is opening new pathways for job creation and private sector led growth.'' The reforms have additionally expanded to asset management, introducing standardized systems for valuing and utilizing public assets more effectively. The World Bank emphasized that Ethiopia’s experience demonstrates how strengthening governance and transparency in state-owned enterprises can transform them into drivers of economic growth and development.
Ethiopia Unveils Landmark Reform Report Showcasing Strong Growth, Policy Gains
Apr 7, 2026 1159
Addis Ababa, April 7, 2026 (ENA) —The Government of Ethiopia today officially launched the Macroeconomic and Structural Reform Report during a high-level event held at the Commercial Bank of Ethiopia. The report, which highlights 18 months of report performance, was produced by a collaborative team of Ethiopian economists, provides a rigorous, evidence-based analysis of the nation’s economic performance and the tangible gains achieved under the second phase of the Home-Grown Economic Reform program. Minister of Finance, Ahmed Shide, highlighted the significant progress made under the leadership of Prime Minister Abiy Ahmed. He explained that a high-level macroeconomic coordination platform has been established, supported by a robust technical team drawn from key economic institutions, think tanks, and international partners. He added that this structure has been instrumental in enabling continuous monitoring of the country's economic landscape, allowing the government to anticipate potential risks and respond swiftly with coordinated policy measures. “The Ministry of Finance, together with our partner institutions, is committed to making this a regular exercise, producing high-quality analytical outputs that inform policy and strengthen accountability. On her part, Fitsum Assefa, Minister of Planning and Development, told the gathering that Ethiopia has sustained a broad-based economic growth averaging 7.5% per annum over the past eight years, driven by expansions in agriculture, industry, and services. She noted that the report demonstrates that reforms are taking hold, coordination is improving, and the economy is responding. Despite a complex global backdrop and internal shocks, the report indicates that early indicators for FY2024/25 are highly encouraging, with improved foreign exchange reserves and declining inflation. Minister Fitsum highlighted that the government is now establishing a macroeconomic data exchange system to enable real-time sharing of indicators and improve consistency across public institutions. Eyob Tekalign, Governor of the National Bank of Ethiopia emphasized that the report reflects a growing technical capability within the government to use high-frequency data and advanced analytical tools. He noted that "stability is a system outcome," requiring aligned fiscal and monetary policies rather than isolated interventions. The report highlights several key milestones in Ethiopia’s ongoing reform journey. Over the past eight years, A significant milestone was the transition to a market-determined exchange rate, a reform initiated in July 2024. This move has begun to address exchange rate misalignments, resulting in a noticeable strengthening of Ethiopia’s export performance. In addition, the government has made strides in strengthening fiscal and monetary discipline. It shifted to an interest-rate-based monetary policy framework and ceased direct advances from the National Bank of Ethiopia (NBE) to the budget, aiming to create a more sustainable fiscal environment. Complementing these efforts, parallel reforms have modernized tax administration through digitalization, e-filing, and risk-based audits, all geared toward enhancing revenue mobilization and supporting the country’s broader economic stability. Professor Stefan Dercon of the University of Oxford, a distinguished economist who supported the work, lauded the report for being locally designed and owned. He remarked that while many countries implement reforms reluctantly due to external pressure, Ethiopia’s current efforts are characterized by a clear determination to ensure the agenda is homegrown, which significantly increases its credibility. As Finance Minister Ahmed Shide previously noted regarding the nation's direction, the reform momentum is "real and irreversible," designed to position Ethiopia as a competitive, private-sector-led economy that is "open for business".
Jordanian Ambassador Commends Ethiopia’s Efforts to Improve Business Environment
Apr 7, 2026 1039
Addis Ababa, April 7, 2026 (ENA) —The Ambassador of Jordan, Amjad Al-moumani, has commended Ethiopia’s efforts to improve its business environment, particularly the progress achieved in the investment sector. Jordan's Ambassador to Ethiopia, Amjad Al-moumani, held discussion with Ethiopian Investment Commissioner, Zeleke Temesgen, today. According to the Investment Commission, the Ambassador also expressed Jordan’s interest in elevating its economic relations with Ethiopia to a higher level, and emphasized the importance of fostering stronger linkages between the private sectors of the two countries. For his part, Ethiopian Investment Commissioner Zeleke elaborated on the ongoing economic reforms being implemented in Ethiopia and the measures being taken to further create a more attractive and competitive investment climate for both foreign and domestic investors. In this regard, he highlighted the wide range of investment opportunities available in key sectors, including industry, agriculture and agro-processing, renewable energy, tourism, and services. The Commissioner also noted that Ethiopia is taking significant steps to further improve the investment environment, including streamlining service delivery and strengthening electronic systems aimed at providing efficient and timely services to investors. The discussion further focused on promoting investment flows, expanding trade partnerships, encouraging joint projects, and strengthening institutional cooperation. At the conclusion of the meeting, both sides have reportedly reaffirmed their commitment to strengthening the longstanding diplomatic and economic relations between the two countries and working jointly to create additional investment opportunities
Ethiopia Presses Red Sea Access as ‘Win–Win’ Solution at Strategic Maritime Dialogue
Apr 7, 2026 4176
Addis Ababa, April 7, 2026 (ENA) —Ethiopia’s pursuit of sovereign access to the Red Sea is not solely a national ambition but a strategic vision aligned with regional integration and the African Union’s Agenda 2063, Vice Admiral Kindu Gezu, Commander-in-Chief of the Ethiopian Navy, said. He made the remarks at the 4th Annual Red Sea and Gulf of Aden Dialogue (RESGA Dialogue–IV), held in Addis Ababa under the theme: “Maritime Governance in the Red Sea and Gulf of Aden Region: Inclusivity and Connectivity for Shared Interests.” The forum, organized by the Institute of Foreign Affairs, brought together high-level policymakers, diplomats, and experts to discuss strengthening cooperation across the Horn of Africa and Gulf regions while enhancing Ethiopia’s role in regional connectivity. Vice Admiral Kindu emphasized the historic and strategic importance of the Red Sea and the Gulf of Aden as vital corridors of global trade and civilization. The two major global strategic waterways remain central to energy transport and international commerce today, he noted. Kindu warned, however, that the region is increasingly affected by complex and overlapping challenges, including maritime crime, arms trafficking, irregular migration, insurgent networks, and intensifying geopolitical competition, all of which threaten stability across the Horn of Africa–Gulf nexus. He stressed that no single country can address these challenges alone, calling instead for sustained regional and international cooperation. Effective maritime governance, the Vice Admiral said, must be inclusive, bringing together coastal states, landlocked countries, local communities, and other stakeholders. Such an approach, he argued, strengthens legitimacy and fosters collective action in addressing shared security and economic interests. According to him, Ethiopia’s historical connection to the Red Sea and its strategic role in regional security make the question of coastal access a matter of broader regional benefit, not narrow national interest. Kindu stated that Ethiopia’s landlocked status has limited its economic potential and reduced its regional influence, and argued that restoring access to the sea would serve not only Ethiopia but also its neighbors and wider international partners. He added that Ethiopia’s quest for sovereign sea access aligns with the African Union’s Agenda 2063 and supports broader regional and global interests. “Ethiopia’s landlockedness has not only led to the loss of vital economic opportunities but has also diminished its regional role. Ethiopia has a historical right and strategic importance in the Red Sea. Its quest for sovereign sea access is beyond a national goal; it is for the common benefits of the region. It aligns with the African Union Agenda 2063. It will strengthen Ethiopia’s maritime role in tackling common security threats such as piracy, terrorism, irregular migration, and human trafficking,” he said. He further emphasized that strengthening Ethiopia’s maritime capacity would enhance regional security cooperation and improve collective responses to piracy, arms trafficking, organized crime, and terrorism. In the context of shifting global geopolitics, he called for a more inclusive model of maritime governance based on regional integration and international partnership, where connectivity, access, and economic growth are treated as shared priorities. “Effective maritime governance must involve a broad range of actors, including both littoral and landlocked states. This inclusivity strengthens legitimacy and fosters shared interests in security and connectivity,” he said. He also noted that advancing Ethiopia’s access to the sea could unlock significant economic opportunities, not only for Ethiopia but for the wider region. Improved port access and infrastructure development, he said, would reduce trade costs, expand export markets, attract international investment, and strengthen regional economic integration. Direct sea access would also allow Ethiopia to better align its industrial development with neighboring economies, fostering deeper cooperation and shared growth. Executive Director of the Institute of Foreign Affairs, Jafar Bedru, said Ethiopia’s position is not aimed at undermining any country’s sovereignty but at strengthening collective regional capacity. “We seek to add to regional capacity, more patrols, more trade, more predictable rules of engagement,” he said. He stressed that shared waters require shared stewardship, adding that the RESGA Dialogue is intended to build cooperation through sustained engagement rather than confrontation. He reaffirmed the Institute’s commitment to continuing the annual forum, noting that consistency itself is a major achievement in a region often marked by instability. “Hosting the Red Sea and Gulf of Aden Conference for four consecutive years is, in itself, a small victory. Continuity, in a region too often defined by disruption, is no minor achievement,” he said.
Ethiopia among Fastest Growing Tourism Industries Worldwide: Ministry of Tourism
Apr 6, 2026 1390
Addis Ababa, April 5, 2026 (ENA) —The comprehensive reform initiatives undertaken by the government have made Ethiopia one of the fastest growing tourism industries in the world, according to Ministry of Tourism. The country’s tourism sector, driven by government reforms, infrastructural development, and the creation of new tourist sites, is experiencing rapid growth with international arrivals surging by 15 percent in 2025. In an exclusive interview with ENA, Teshome Teklu, Promotion Sector Lead Executive Officer at the ministry said the rapid growth is a direct result of sustained reforms implemented over the past five to six years. Prime Minister Abiy Ahmed has spearheaded a series of flagship initiatives, including the “Dine for Sheger,” “Dine for Nation,” and “Dine for Generation,” aimed at elevating Ethiopia’s global tourism profile and unlocking its vast as well as underutilized destinations. Among the most notable projects is the “Beautifying Sheger” project, an ambitious urban renewal program focused on revitalizing riversides in the capital, creating green spaces, walkways, and recreational areas. The success of this initiative has paved the way for further developments under the “Dine for Nation” program, targeting world-class tourist destinations in Gorgora, Wanchi, and Koyisha. The government has also prioritized the restoration and preservation of historic landmarks such as Harar Jugol and Fasil Ghebbi, enhancing their appeal to international visitors while safeguarding cultural heritage, according to the Lead Executive Officer. “These all make us one of the competing countries in Africa in terms of tourist flow or tourist arrival,” he said. In parallel, Ethiopia has expanded its capacity to host international conferences and events, further boosting tourism inflows, Teshome noted, adding that these combined efforts have positioned the country as one of Africa’s increasingly competitive tourism destinations. “We have been among the most promising nations at the global level that have been approved by the World Tourism and Travel Council; and Ethiopia is one of the fastest growing tourism industries in the world.” The country has attracted more than 1.2 million foreign tourists over the past nine months, generating upwards of 2 billion US dollars in revenue, it was learned. Domestic tourism has also surged, with over 30 million local travelers contributing more than 60 billion Birr to the economy during the stated period. Besides, Ethiopia has hosted more than 150 international conferences as global recognition is also growing, the Lead Executive Officer pointed out. Driven by Ethiopia’s rich natural and cultural resources, strong government backing, and a clear long-term development strategy, the sector’s outlook remains highly promising, he added. According to UN Tourism data cited by the BBC early 2026, Ethiopia is recognized as one of the world's fastest-growing tourism destinations, recording a 15 percent surge in international arrivals in 2025.
Ethiopian Horticulture Production Sees Rising Global Demand: Stakeholders
Apr 5, 2026 1926
Addis Ababa, April 5, 2026 (ENA) —Producers and exporters affirmed that Ethiopia’s horticulture sector is recording significant growth in the international markets. They emphasized that the progress is driven by national reforms that have strengthened production, productivity and export potential. According to the stakeholders, the sector, which generates the highest foreign exchange earnings next to coffee, has now become a key contributor to the national economy, reflecting its competitiveness abroad. Producers and exporters approached by ENA stated that initiatives implemented since the national reform have enhanced efficiency and market access, positioning Ethiopian horticultural products as globally competitive. Emebet Tesfaye, manager of ET-Highland Flora PLC, said, “The focus on horticulture has opened significant opportunities for us to supply flower products to European and American markets.” Rising international demand is not only increasing foreign exchange earnings but also creating employment opportunities for thousands of Ethiopians, she added. Mesfin Girma, Syngenta Flowers Site Manager for Ethiopia, on his part noted, “High demand for Ethiopian flower products across multiple continents has expanded market access and strengthened our export capacity.” He added that government support, particularly in land provision and infrastructure development, is boosting productivity and income potential. “We remain committed to maintaining production capacity and delivering quality products quickly to the world market through Ethiopian Airlines,” he added. Similarly, Rachel Kifle, Export Manager of Red Fox Ethiopia, highlighted the importance of global markets. “Europe, America, and Asia are crucial destinations for Ethiopian flower products,” she stated, adding, “This growth enhances foreign exchange earnings, creates jobs, and strengthens the overall contribution of floriculture and horticulture to the national economy.” Wondale Habtamu, Deputy Director General of the Ethiopian Agricultural Authority, also emphasized the role of government policy in the sector’s expansion. “A favorable investment environment has been created to boost productivity in horticulture. Global demand for Ethiopian flowers, vegetables, and fruits is driving foreign exchange earnings, accelerating job creation, and supporting structural economic transformation,” noted. Ethiopia’s horticulture sector is poised to remain a leading driver of the country’s economic growth and international trade presence with strengthened production, growing global demand, and continued government support,.
PM Abiy Unveils World-Class Sports Complexes, Signaling Ethiopia’s Bold Multi-Sector Rise
Apr 4, 2026 5384
Addis Ababa, April 5, 2026 (ENA) —Prime Minister Abiy Ahmed on Saturday inaugurated a series of world-class sports and recreational facilities in the capital, highlighting the government’s broader nation-building agenda aimed at strengthening Ethiopia across all sectors. The newly launched complexes feature Olympic-standard indoor and outdoor swimming pools, football pitches, volleyball courts, jogging tracks, and fully equipped gymnasiums built to international standards. Speaking at the inauguration ceremony, the Prime Minister emphasized that Ethiopia’s development strategy is rooted in both honoring its historic legacy and investing in the future of its youth. He noted that while landmarks such as the Adwa Victory Memorial preserve the courage and independence of past generations, modern sports facilities serve as vital spaces for nurturing social cohesion and physical excellence. “A generation is not built solely in classrooms,” Premier Abiy said. He further stated that: “Character is shaped through interaction, empathy, and healthy competition. These facilities will help cultivate the unity and resilience needed for a strong nation.” A distinctive aspect of the new developments is the inclusion of monuments honoring Ethiopia’s legendary athletes, including Abebe Bikila, Miruts Yifter, Haile Gebrselassie, Kenenisa Bekele, Derartu Tulu, and Tirunesh Dibaba. The Prime Minister stressed the importance of celebrating national heroes during their lifetimes to inspire younger generations. Highlighting a shift in development priorities, PM Abiy noted that the government is focusing on early childhood education and skills development rather than solely expanding higher education institutions. He revealed that more than 35,000 kindergartens have been built in recent years under the Early Childhood Education initiative. He also pointed to programs such as the “5 Million Coders” initiative and the establishment of international-standard sports hubs as key efforts to equip Ethiopian youth with globally competitive skills. According to the Prime Minister, providing high-quality facilities within the country can help foster national pride and a sense of belonging, ultimately reducing the desire for outward migration. Concluding his remarks, Prime Minister Abiy highlighted Ethiopia’s demographic advantage, noting that with an average age of just 19, the country stands at a critical juncture. He called for unity and sustained commitment to transforming challenges into opportunities, ensuring Ethiopia secures a strong position both regionally and globally.
Ethiopia’s Energy Transformation Gains Momentum Under Reform
Apr 4, 2026 2308
By Staff Writer Addis Ababa, April 4, 2026 (ENA) —Anniversaries often invite reflection. In Ethiopia’s case, however, the eighth year since the reform government took office signals something more dynamic: a transformation still in motion, quietly reshaping the country’s economic foundations with lasting consequence. Few sectors illustrate this shift more clearly than energy. Long defined by paradox, abundant natural resources alongside limited access and persistent shortages, Ethiopia’s energy landscape is undergoing a profound structural reset. What was once a bottleneck to growth is steadily emerging as a pillar of national strategy in Africa. At the heart of this evolution stands the Grand Ethiopian Renaissance Dam, a project that embodies both ambition and pragmatism. With a capacity exceeding over 5,000 megawatts, it represents more than engineering scale; it signals a deliberate pivot toward energy security, industrial expansion, and regional integration. Yet the real story of transformation extends beyond any single project. It lies in the broader reimagining of how energy can power not just homes and industries, but the trajectory of a nation. Further downstream, the Koysha Hydroelectric Power Station is steadily advancing, adding another critical layer to the country’s hydropower capacity. With an expected generation capacity exceeding 2,000 megawatts, Koysha represents the continuation of a long-standing strategy: harnessing Ethiopia’s vast river systems to drive sustainable growth. Hydropower, however, is no longer the sole pillar. In recent years, Ethiopia has moved deliberately to diversify its energy mix, recognizing that resilience lies in complementarity. Wind energy projects such as the Ashegoda Wind Farm, Adama Wind Farm and the Aysha Wind Power Project is a landmark 300 MW renewable energy development in Ethiopia's Somali Region have demonstrated the viability of large-scale wind generation, contributing hundreds of megawatts to the grid. These projects, signal a shift toward a more balanced energy portfolio, one less vulnerable to seasonal variability and better aligned with global trends in renewable energy. Solar energy, too, is emerging as a critical frontier. Agreements signed with international partners for the development of utility-scale solar projects are beginning to translate into tangible progress. Ethiopia’s vast solar potential, long acknowledged but underutilized, is now being systematically integrated into the national energy strategy. The Ministry of Finance has emphasized that such partnerships are key to mobilizing investment and accelerating the transition toward clean energy. Perhaps most indicative of the reform government’s forward-looking approach is its entry into the realm of nuclear energy. Recent agreements to explore nuclear power development for peaceful purposes, in collaboration with international partners, mark a significant step toward diversifying Ethiopia’s long-term energy base. While still at an early stage, the initiative reflects a recognition that future energy security will require a mix that extends beyond conventional renewables. At the same time, Ethiopia is not neglecting transitional energy sources. The development of natural gas resources in the Somali region, particularly the Kalub Gas Field, is opening new possibilities for gas-fired power generation. Officials indicate that gas-to-power projects could provide a stable and flexible energy source, complementing intermittent renewables while supporting industrial growth. The integration of gas-fired power into the energy mix is being carefully calibrated to align with the country’s broader commitment to green development. Taken together, these efforts point to a deliberate strategy: to build an energy system that is not only expansive, but adaptive. The results are beginning to manifest. Ethiopia’s electricity generation capacity has grown significantly over the past years, while access to power is expanding to previously underserved areas. Export agreements with neighboring countries are also gaining traction, positioning Ethiopia as a net exporter of clean energy within the region. More importantly, the country’s energy trajectory is increasingly aligned with global climate goals. With over 90 percent of its electricity generated from renewable sources, Ethiopia stands among the leading nations in clean energy utilization. The Ministry of Planning and Development notes that this positions the country favorably within international climate frameworks, while also enhancing its attractiveness for green investment. Yet, beyond statistics and infrastructure, there is a deeper narrative at play. Energy, in the Ethiopian context, is no longer viewed merely as a utility. It is becoming an instrument of transformation by powering industries, enabling digital connectivity, supporting irrigation, and underpinning the broader economic reform agenda. Observers often remark that development is, at its core, about unlocking potential. In Ethiopia’s case, that potential has long resided in its rivers, its sun, its wind, and beneath its land. What the past eight years have demonstrated is a growing capacity to translate that potential into reality. The journey is far from complete. Challenges remain in financing, implementation, and ensuring equitable access. But the direction is unmistakable. From the towering turbines of GERD to the windswept plains of Ashegoda, from the emerging promise of solar fields to the untapped reserves of natural gas, Ethiopia is assembling an energy future that is as diverse as it is ambitious. And in doing so, it is not merely meeting its own needs. It is laying the foundation to power a region, sustain a green economy, and redefine its place in a world increasingly shaped by energy transitions. On this anniversary of reform, the message is clear: Ethiopia is not only generating power. The East African nation is generating possibility.
Global Tech Leaders Praise Ethiopia’s AI Progress, Call for Scaling Innovation
Apr 4, 2026 3427
Addis Ababa, April 4, 2026 (ENA) —Ethiopia is gaining recognition from global technology leaders for its rapid advancement in artificial intelligence (AI), urging the country to scale its innovations and strengthen international partnerships to sustain momentum. The remarks came following a visit to the Ethiopian Artificial Intelligence Institute, where industry figures highlighted Ethiopia’s emergence as a promising innovation hub in Africa. Approached by James David, Head of Tata Consultancy Services (TCS) business for Africa, commended Ethiopia’s strong investment in AI and its growing startup ecosystem. He noted that the country’s progress could position it as a model for other African nations. David also emphasized the strategic importance of collaboration with India, pointing out that India’s experience in scaling digital solutions could complement Ethiopia’s innovative capacity. Meanwhile, Edwin Vollanoor, CEO of AppFace Technologies, described the institute as one of the leading AI centers in the region. He praised the quality of technologies showcased, including language models and robotics, calling them “world class.” Vollanoor highlighted that AI solutions are already being deployed in government systems, such as court operations, but stressed the need to expand these innovations to achieve broader impact. He also called for stronger mentorship, incubation, and accelerator programs, encouraging Ethiopia to leverage expertise from countries like China and India. According to Vollanoor, AI holds transformative potential for sectors such as agriculture, transportation, and employment, and could help position Ethiopia as a continental AI hub working alongside the African Union. Separately, Monsy Mathews of Moti Engineering pointed to Ethiopia’s significant technological progress over the past decade, particularly in the financial sector. He noted that banks are increasingly integrating AI into services such as risk management, customer verification, payments, and loan processing. Mathews also referenced ongoing AI and robotic process automation initiatives at Ethio Telecom, indicating that implementation is advancing in phases across sectors. Experts agree that with continued investment, stronger global collaboration, and a focus on scaling innovation, Ethiopia is well positioned to become a leading AI and digital hub in Africa.
Ethiopia, China Deepen Talks on Trade Financing
Apr 3, 2026 2564
Addis Ababa, April 3, 2026 (ENA) —Ethiopia’s Minister of Finance, Ahmed Shide, held high-level discussions with Wang Hao, Chairman of the China Export & Credit Insurance Corporation SINOSURE, to strengthen policy-level cooperation in trade and investment financing. The two sides focused on expanding credit insurance coverage for priority sectors in Ethiopia and improving mechanisms to facilitate increased Chinese investment. Both parties reaffirmed their commitment to deepening bilateral economic ties and promoting sustainable trade growth and long-term development cooperation. In a separate engagement held earlier the same day, Minister Ahmed Shide met with officials from the Chinese Ministry of Finance to discuss broader macroeconomic cooperation, including debt restructuring, ongoing project implementation, and new financing opportunities for strategic infrastructure. A key focus of the discussions was Ethiopia’s debt treatment under the G20 Common Framework. Both sides reaffirmed their commitment to advancing negotiations toward a bilateral agreement aimed at improving fiscal sustainability and supporting economic recovery. The talks also reviewed progress on existing projects, emphasizing the need to enhance disbursement efficiency and strengthen coordination to ensure timely implementation. In addition, the ministers explored potential financing for priority infrastructure initiatives, including the proposed Bishoftu International Airport Bishoftu International Airport, expected to enhance regional connectivity and strengthen trade links between Africa, China, and global markets.
China to Continue Supporting Ethiopia’s WTO Entry, Reaffirms Top Official
Apr 3, 2026 5540
Addis Ababa, April 3, 2026 (ENA) —China has reaffirmed its commitment to support Ethiopia in its bid to join the World Trade Organization, underscoring growing economic and strategic ties between the two countries. Speaking in Addis Ababa, Wu Weihua, Vice Chairman of the Standing Committee of the National People's Congress of China, said China is ready to “continue playing a positive coordination role” to help advance Ethiopia’s accession process. The remarks came during discussions with Tagesse Chafo, Speaker of Ethiopia’s House of People’s Representatives, where both sides explored ways to deepen cooperation on bilateral, regional, and global issues. Tagesse emphasized the long-standing and evolving partnership between the two nations, describing it as an “all-weather strategic partnership” built on mutual trust and shared interests. He noted Ethiopia’s commitment to expanding cooperation across people-to-people ties, parliamentary engagement, business relations, and international coordination. Highlighting Ethiopia’s strategic importance, the speaker described the country as a gateway to Africa and a diplomatic hub, hosting the headquarters of the African Union. He added that Ethiopia stands ready to play a greater role in strengthening China–Africa relations. Economic cooperation remains central to the partnership, with major projects such as the Ethio-Djibouti Railway serving as a key symbol of collaboration under the Belt and Road Initiative, he further noted. The railway continues to function as a vital trade corridor for Ethiopia’s imports and exports, according to the speaker. Chinese investment in Ethiopia has also expanded significantly, with projects valued at around 9.6 billion U.S. dollars, contributing to job creation and industrial growth, it was disclosed. Tagesse expressed appreciation for China’s continued support in Ethiopia’s effort to join the WTO, calling for sustained cooperation to finalize the process. Wu Weihua, for his part, reaffirmed China’s unwavering backing of Ethiopia’s WTO accession, noting that bilateral negotiations and agreements were successfully concluded in 2025. He added that Ethiopia’s exports to China have nearly doubled, reflecting growing trade ties between the two countries. China, he said, is ready to import more high-quality Ethiopian products while working to improve the structure of bilateral trade. He also highlighted plans to deepen cooperation in infrastructure and manufacturing, while expanding into emerging sectors such as new energy vehicles, the digital economy, and artificial intelligence to support Ethiopia’s industrialization and modernization. Wu further expressed confidence in Ethiopia’s continued role in advancing broader China–Africa cooperation, emphasizing the country’s strategic position on the continent.
Landmark Ethiopia–China Talks Unlock Debt Deal, New Airport Financing
Apr 3, 2026 2692
Addis Ababa, April 3, 2026 (ENA) —Ethiopia and China have reached a major milestone in their economic partnership following high-level talks between their finance ministers, marking progress on debt restructuring and new strategic investments. Ethiopia’s Minister of Finance Ahmed Shide met with Chinese Minister of Finance, with discussions centering on debt restructuring, implementation of ongoing projects, and new financing opportunities for key strategic initiatives, including the development of a new Bushoftu International Airport. The meeting highlighted both countries’ commitment to strengthening their longstanding economic partnership, with both sides expressing confidence that the discussions marked a meaningful step toward mutually beneficial outcomes. A central focus of the talks was the restructuring of Ethiopia’s existing debt stock to improve fiscal sustainability and support renewed economic growth. The two sides reached agreement on debt treatment and reaffirmed their commitment to working within the G20 Common Framework toward finalizing a bilateral agreement. Discussions also addressed the need to accelerate the implementation of ongoing projects under the current portfolio. Both sides emphasized improving disbursement efficiency and maintaining close coordination to ensure timely delivery. In addition, the ministers explored new financing opportunities for priority infrastructure projects, including the Bishoftu International Airport, which is expected to enhance connectivity and strengthen trade links between China, Africa, and global markets. “The consensus reached in this meeting represents a pivotal moment in our bilateral relationship. We are committed to working closely with our Chinese partners to build a sustainable partnership that serves the interests of our two countries,” Finance Minister Ahmed said. The Governor of the National Bank of Ethiopia, Eyob Tekalign, also briefed the ministers on expanding cooperation between the two countries’ central banks, highlighting partnership opportunities aimed at fostering mutual gains. The meeting concluded with both sides agreeing to maintain close technical engagement to finalize the debt agreement, expedite project implementation, and advance financing arrangements for the Bishoftu airport infrastructure project.
Integrated Volunteer Initiatives Deliver Tangible Community Gains in Addis Ababa
Apr 3, 2026 1344
Addis Ababa, April 3, 2026 (ENA) —Integrated volunteer services and people centered initiatives carried out in Addis Ababa during the reform period have generated meaningful and measurable benefits for the community, the Community Participation Coordination Commission said. The Commission stated that volunteer programs and community driven projects implemented across the capital over the past years have significantly improved livelihoods and strengthened social cohesion. Volunteerism and humanitarian engagement have emerged as defining features of the reform era, widely seen as concrete expressions of change that nurture solidarity and reinforce long held values of mutual support among citizens. Prime Minister Abiy Ahmed has played a central role in driving these efforts. Since the early days of his administration, his direct involvement in renovating homes for vulnerable residents, organizing food assistance, and leading urban sanitation campaigns has set a strong example and inspired nationwide participation, particularly in Addis Ababa. Over the past eight years, these efforts have grown into a large scale movement in the capital, reaching extensive segments of the population by mobilizing the private sector and harnessing the energy of young people. In an exclusive interview with ENA, Deputy Commissioner Asrat Nigussie said Addis Ababa has recorded notable achievements in volunteerism, especially in humanitarian and social support activities. She noted that annual winter and summer volunteer programs, implemented across fifteen key areas during the reform period, have consistently delivered practical support to residents. These initiatives include housing renovation for elderly and vulnerable citizens, food sharing programs, blood donation campaigns, traffic accident prevention, education and skills training, environmental protection, urban beautification, and active participation in the Green Legacy initiative. The Deputy Commissioner highlighted that significant progress has been made in replacing unsafe and dilapidated shelters with modern housing, bringing lasting improvements to the lives of many residents. According to her, over 45,000 houses have been constructed and handed over to beneficiaries during the reform period alone. She added that the newly built homes meet modern urban living standards and provide safer and more dignified conditions for residents. The food sharing program has supported more than 6.5 million residents through repeated cycles of assistance, she further noted. Asrat also emphasized the critical contribution of the business community, noting that entrepreneurs have played a vital role both through direct support and by mobilizing wider participation. She concluded that the growing culture of volunteerism and social solidarity in Addis Ababa will continue to expand and deepen in the years ahead.
Eight Years On: Ethiopia’s Economic Evolution Toward a Modern and Diversified Economy
Apr 2, 2026 4363
Addis Ababa, April 2, 2026 (ENA) —Over the past eight years, Ethiopia has undergone a far-reaching economic transformation, shifting from a restrictive and state-led model to a more enabling, resilient, diversified, and market-oriented economy, according to a statement from the Office of the Prime Minister marking the eighth anniversary of the reform program. Prior to 2018, economic growth was constrained by structural weaknesses, including limited job creation, narrow export diversification, and heavy dependence on external borrowing. The Agriculture Development-Led Industrialization (ADLI) framework expanded agricultural output but remained insufficiently action-oriented and did not fully utilize Ethiopia's vast agricultural potential or generate adequate rural incomes to drive industrialization. Manufacturing exports stagnated below three billion dollars for many years, while industrial parks often operated as isolated enclaves with weak linkages to the domestic economy. This model also created macroeconomic vulnerabilities. Large infrastructure investments financed through external borrowing failed to generate sufficient foreign exchange, contributing to rising debt pressures. Key sectors such as telecommunications, finance, and mining remained underdeveloped or closed to private participation, constraining innovation, private investment, and overall economic dynamism. Since 2018, Ethiopia has implemented a comprehensive reform agenda to address these challenges, unlock new sources of growth, and correct macroeconomic imbalances. Agricultural Transformation and Food Sovereignty A central pillar of reform has been the transformation of agriculture toward higher productivity, diversification, resilience, and sustainability. Ethiopia has achieved wheat self-sufficiency. By 2024/25, the country emerged as Africa’s largest wheat producer. Crop diversification has accelerated significantly, including rapid expansion in rice, oilseeds, and other industrial crops. Livestock and high-value agriculture have grown rapidly. Annual egg production has reached 9.4 billion, milk production approximately 13 billion litres, and meat production has increased nearly tenfold. These gains reflect improvements in nutrition, food systems, and diversified rural incomes. Structural reforms such as cluster farming—now involving 9.5 million farmers across 12.8 million hectares—have delivered measurable results, including a 29 percent increase in productivity and an 18 percent rise in incomes. Overall agricultural output has increased from 41.7 million tons to around 150 million tons within seven years. This has strengthened the sector’s contribution to economic growth, employment generation in both rural and urban areas, and export performance. Coffee production has doubled to nearly one million tons, generating about 2.65 billion dollars in export earnings in 2024/25. Environmental Protection and Green Growth Through the Green Legacy Initiative, more than 48 billion seedlings have been planted and 12.5 million hectares of land rehabilitated. Forest coverage has increased from 17 percent in 2019 to 23 percent in 2025. These efforts have reduced soil erosion while supporting agricultural productivity and export performance, particularly in coffee. They demonstrate the strong linkage between environmental protection and economic growth. Industrial Policy and Export Orientation Industrial strategy has evolved toward integrated Special Economic Zones that support manufacturing, logistics, and services while strengthening linkages with the domestic economy. The number of investors has grown from 36 in 2018 to over 200 today, with domestic investors accounting for nearly 65 percent. This transition reflects a shift from enclave-style industrialization toward a more integrated, inclusive, and sustainable ecosystem. Export-oriented production from these zones continues to expand, broadening the country's export base. Mining, Import Substitution, and Export Growth The mining sector has emerged as a key pillar of the economy. Previously underutilized, it has been repositioned as a driver of sustainable development and broad-based benefits. Gold production has increased significantly to nearly 39 tons, generating approximately 3.5 billion dollars in export earnings in 2024/25—accounting for more than 45 percent of total exports. Import substitution efforts have also delivered results. Coal imports have been fully replaced by domestic production, and cement production capacity now exceeds 20 million tons annually, supporting self-sufficiency. Digital Transformation and Financial Inclusion Liberalization of the telecommunications sector has driven one of the fastest digital expansions in Africa. Mobile subscriptions have increased from 37.9 million to 87.9 million, significantly expanding access and inclusion. Mobile financial services now serve more than 58 million users, with transactions exceeding 7.5 trillion birr. Financial sector reforms have strengthened macroeconomic stability and improved financial intermediation. Credit allocation has shifted toward the private sector, which now accounts for more than 85 percent of total bank lending. Reforms, including the restructuring of state-owned banks and improved financial sector governance, have enhanced liquidity, asset quality, and sustainability. Fiscal Discipline and Structural Reform A defining feature of recent progress has been strong fiscal discipline. Unlike the pre-2018 period, reforms have reduced reliance on external commercial borrowing. Improvements in state-owned enterprises, better project selection, and restructuring of underperforming sectors have reduced inefficiencies and strengthened public finances. Urban Transformation and Human Capital Development Ethiopia recognizes cities as engines of economic growth and structural transformation. Investments in urban development, infrastructure, and housing, supported by private sector participation, have improved living conditions and expanded economic opportunities. Integrated corridor development has enhanced the liveability, competitiveness, and economic functionality of cities, expanding from Addis Ababa to more than 50 cities nationwide. These efforts have positioned cities as hubs for innovation, tourism, and business. A New Economic Direction Ethiopia is transitioning away from a model heavily reliant on state-led investment toward one anchored in productivity, private sector dynamism, sectoral linkages, and structural transformation. Reforms across agriculture, industry, mining, finance, digitalization, and urban development reflect a practical and results-oriented approach to economic management. While challenges remain, the ongoing transformation is laying the foundation for sustainable and inclusive growth. It underscores the importance of structural reform, fiscal discipline, and effective policy implementation in building a competitive and resilient economy. Over the past eight years, under the leadership of Prime Minister Abiy Ahmed, Ethiopia has advanced toward greater self-reliance and a more promising future. Guided by the philosophy of Medemer (synergy), this period has been defined by reform, resilience, and measurable results. As Ethiopia looks ahead, the progress achieved despite significant challenges demonstrates strong potential. The growth trajectory is becoming broader, deeper, more diversified, and more inclusive, with continued momentum aimed at delivering lasting benefits for future generations.
Ethiopia–China Relations Remain Model of South–South Cooperation, Say Officials
Apr 2, 2026 1809
Addis Ababa, April 2, 2026 (ENA) —Ethiopia–China relations remain a model of South–South cooperation grounded in mutual respect and shared development goals, senior officials from the two countries reaffirmed. A high-level Ethiopian delegation led by Minister of Finance, Ahmed Shide held discussions with Miao Deyu, Vice Minister of Foreign Affairs of China, to further strengthen the strategic partnership between the two countries. During the occasion, Minister Ahmed Shide highlighted the strong Ethiopia–China partnership and progress in implementing the outcomes of the Beijing FOCAC 2024. He also outlined key national infrastructure initiatives, including the Bishoftu International Airport, expected to enhance connectivity between Africa, China, and global markets. Miao Deyu for his part welcomed the delegation and expressed appreciation for Ethiopia’s development achievements and the leadership of Prime Minister Abiy Ahmed. He reaffirmed China’s commitment to supporting Ethiopia’s economic development. Accordingly, the two sides also exchanged views on regional issues and Ethiopia’s role as an anchor for regional integration, stability, and security. Both sides underscored the importance of continued high-level engagement and reaffirmed that Ethiopia–China relations remain a model of South–South cooperation grounded in mutual respect and shared development goals, ENA learned.