Addis Ababa, June 14, 2025 (ENA)— Exploring new avenues tuning with global geo-economic dynamics is imperative to further advance Ethiopia’s economic reform by leveraging a better economic diplomacy, a senior researcher at the Institute of Foreign Affairs (IFA) said. In an exclusive interview with ENA, IFA senior researcher Anteneh Getachew said Ethiopia has embarked on a lot of macroeconomic policy reforms, including the recent transition to a floating exchange rate system. This is deemed to enhance Ethiopia's economic diplomacy at global level, he added. Yet, following the tariff war and the shock that has been happening to the proper functioning of multilateral platforms all over the world, countries have been searching new alternatives or policy options to enhance their national interests in the global context. Ethiopia, too, has been making trade agreements and exploring new markets in Asia and Latin America, Europe and others to become a destination for market, the senior researcher stated. In this respect, he emphasized the need to explore the nation’s potential opportunity for foreign direct investment, underscoring the business-friendly environment the country is creating by implementing the Homegrown Economic Reform and a number of macroeconomic reforms. Highlighting the reforms the government is making, Anteneh added that diplomacy is critical to integrate into the global system and leverage a better economic diplomacy into a new chapter. Also, “we need to have a robust public relations strategy that can be done at international level.” According to him, Ethiopian diplomatic missions should be well articulated about the reforms and their importance in leveraging economic diplomacy.

Addis Ababa, June 13, 2025 (ENA)— Ethiopia has made commendable strides to achieve targets of Sustainable Development Goals (SDGs) by 2030, by overcoming the challenges that man-made and natural disasters have posed, Economic Advisor and author of the 3rd National Voluntary Review (VNR) on the SDGs, Dawit Ayele said. The 3rd National Voluntary Review (VNR) on the SDGs was conducted recently in the presence of Deputy Prime Minister Temesgen Tiruneh and other senior government officials. During the occasion, Deputy Prime Minister Temesgen Tiruneh reaffirmed the government’s commitment to integrating the SDGs into national development strategies. The 2030 Agenda for Sustainable Development, adopted by the United Nations, outlines 17 goals aimed at ending poverty, protecting the planet, and ensuring prosperity for all. In an exclusive interview with ENA, Dawit emphasized that Ethiopia has been implementing SDGs since 2016. Despite facing significant challenges, he noted that Ethiopia has registered tangible progress in economic, social, and environmental sectors through the implementation of various development projects. The Economic Advisor also noted that the preparation of the VNR report has been instrumental in incorporating both achievements and challenges that require further attention. He emphasized that the report serves as a crucial roadmap for accelerating progress over the remaining five years leading to the 2030 deadline. Ethiopia has made significant gains in several areas, particularly in climate change mitigation and sustainable development efforts, citing notable progress in expanding access to essential social services such as health, education, clean water, and electricity across communities, he elaborated. The country has successfully established key policy frameworks aligned with the SDGs, he said, commending the progress made over 60 percent of the targets amid challenges. “These results are a strong indication that Ethiopia is on good track to realize the SDGs within the remaining time frame,” Dawit said. However, he added greater focus and investment are required, particularly in areas like children’s health, equitable access to services, and empowering women and youth.” To ensure sustained progress, the advisor stressed the importance of mobilizing additional resources and strengthening collaboration among stakeholders, communities, and the private sector. Ethiopia has the potential to achieve all 17 goals and becomes among those who have become effective in this regard, he concluded.

Addis Ababa, June 13, 2025 (ENA) -- The China-Africa Economic Partnership for Shared Development would offer duty free access to the Chinese market to all African countries. The measure was announced as African foreign ministers gathered in central China to review the implementation of outcomes of the Forum on China-Africa Cooperation (FOCAC) held last September. The initiative aims to facilitate greater market access for African exports, especially from least developed countries, and inject new momentum into China-Africa economic ties. Zero-tariff treatment was only available to 33 African countries previously. Chinese President Xi Jinping, in a letter presented to the meeting in Changsha in Hunan province, said China was willing to extend zero-tariff measures to 53 African countries with diplomatic ties to China for all items. Twenty more African countries, mostly from the continent’s middle-income nations, are set to gain access to the world’s largest consumer market duty-free as Beijing plans to remove tariffs for all products from every African nation. Amid the tariff war, representatives from China and African nations accused the United States of disrupting the global economic and trade order and harming the collective interests of the international community. Beijing plans to roll out measures related to market access, inspection and quarantine, and customs clearance to boost trade. At the same time, China would train people in Africa to help carry out the measures and expand the promotion of quality products from these nations, Xi said in the letter presented to the ministerial meeting of coordinators on the implementation of FOCAC outcomes. Hannah Ryder, chief executive of the Beijing-based consultancy Development Reimagined, has been tracking China-Africa trade and said China’s move was “not just symbolic”. “It’s a structural shift in Africa–China trade relations,” she said. Africa’s trade with China faced a bottleneck: tariff preferences were limited to LDCs which, along with competitive exports, created distortions in Africa’s largest trade partnership, according to Ryder. Tariff elimination alone was not enough. “Exporters still face barriers like language, logistics and e-commerce costs,” she said. On Wednesday, China’s Foreign Minister Wang Yi met African ministers to review the implementation of FOCAC outcomes. A declaration released after the meeting said the tariff offer would be made available once African leaders negotiated and signed the agreement of China-Africa Economic Partnership for Shared Development with China to “welcome quality products from Africa to the Chinese market”. Wang said in his keynote speech at the FOCAC meeting that “China will continue to expand its opening up to Africa … and provide more Chinese markets and opportunities for African development”. China is now the continent’s largest trading partner, with total trade reaching nearly 300 billion USD in 2024. Africa’s trade with the US was valued at just US$71.6 billion in the same period. Ryder said the deal recognized the significance of Africa’s free-trade area. “To really diversify trade beyond raw materials, it’s necessary for the middle-income countries who already have a production base to get easier access into the market,” Ryder said.

Addis Ababa, June 12, 2025 (ENA) — Innovative solar rooftop initiative boasting a capacity of 100 kilowatt-peak (kWp) was inaugurated today. Water and Energy Minister Habtamu Itefa inaugurated the first solar project featuring bi-directional smart meters that connect to the grid with the view to serving as a model for enabling families to generate and use their own renewable energy. Stating Ethiopia's strong dedication to harnessing renewable energy and modernizing its national grid, he noted that the efforts made in the past nine months have considerably increased the country's off grid electricity supply.   The actions taken to boost electricity access through solar energy have allowed over 10,000 households to access electricity within the last nine months, the minister added. According to him, the cutting-edge rooftop system features a capacity of 100kWp and is fitted with advanced bi-directional smart meters. These essential devices allow for the effortless transfer of electricity in both directions, drawing power from the national grid when necessary, and crucially sending excess solar-produced electricity back into the grid. "This project at our own headquarters sends a strong message of our intentions. Our collaboration with the International Solar Alliance greatly enhances the impact of this initiative, bringing worldwide expertise and common goals to our national energy plan."   This initiative is set to significantly address a portion of the ministry's energy needs with clean sources, serving as a practical example for future projects in both public and commercial sectors throughout the country Furthermore, Habtamu indicated that this completed solar energy initiative stands as a model for individuals aiming to generate and utilize their own energy. On his part, Water and Energy State Minister Sultan Wali said solar systems have gained significant popularity in Ethiopia, particularly in remote areas.   These systems are being implemented not only in residential settings but also in educational institutions and medical centers, thereby enhancing energy access in communities that previously struggled with reliable power sources. He pointed out that solar energy had previously been employed for the preservation and cooling of fruits and vegetables in the industrial sectors of Oromia and Sidama regions. This innovative use of solar technology not only helped maintain the quality and freshness of agricultural produce but also showcased the potential of renewable energy sources in enhancing food security and supporting local economies. Moreover, solar pumps are now being widely adopted for irrigation purposes. "This shift towards renewable energy sources not only aims to improve crop yields but also to provide farmers with a more sustainable and cost-effective means of accessing water for their fields."

Addis Ababa, June 12, 2025 (ENA) -- The 25th Anniversary of the African Evaluation Association (AfrEA) will take place from 16–18 June 2025, in Addis Ababa, marking a significant milestone in its journey of capacity building and knowledge exchange. In a joint media briefings today, Ethiopian Evaluation Association, the Ministry of Planning and Development and African Evaluation Association (AfrEA) described the event as an opportunity to acknowledge AfrEA’s achievements, celebrate its contributions to African development, and chart a course for the future. The anniversary will be celebrated under the theme “Celebrating 25 Years of Excellence in Africa-Rooted Evaluation: Building a Stronger Future Together”. Organized in collaboration with the Ethiopian Evaluation Association, the Ministry of Planning and Development, and various other key stakeholders, the event will convene more than 300 participants. During the event, government officials, evaluators, policymakers and development experts are expected to reflect on AfrEA's transformative impact on monitoring and evaluation in Africa. During the occasion, State Minister of Planning and Development Tirumar Abate said that the event is significant to advance capacity building, emphasizing the crucial role of strengthening institutional capacity. The event includes a grand opening of reflection on AfrEA’s legacy and future direction and launch of “Handbook on Made in Africa Evaluation”, she said. AfrEA President Miche Ouedraogo said that the event is instrumental to reflect on achievements, strengthen national systems, and discuss future prospects which will be key in fostering evaluation. Evaluation experts from across the globe are gathering to celebrating AfrEA's 25th anniversary and sharing their respective experiences, it was indicated. Ethiopian Evaluation Association president Dereje Mamo on his part said the event will be vital to share best experiences from others and pivotal in capacity building endeavors. AfrEA was founded in 1999, in response to Africa’s growing appeal for advocacy, information sharing and advanced capacity building in evaluation.

Addis Ababa, June 12, 2025 (ENA) - The Ethiopian Livestock Development Institute (ELDI) has announced a substantial boost in foreign exchange earnings from livestock production, attributing the growth to recent macroeconomic reforms. The Institute reported generating over 100 million US dollars in the first 10 months of the current Ethiopian fiscal year. Asrat Tera, Director General of ELDI, told ENA that the institute is on track to achieve its target of 122 million US dollars in revenue from exports of meat, slaughter by-products, honey, fat and wax products, as well as milk and dairy products by the end of this Ethiopian budget year. He detailed that the country earned 100.23 million US dollars from livestock exports during the first 10 months of the current Ethiopian fiscal year, marking a 28 percent increase compared to the same period last year.   According to Asrat, 98 percent of this revenue was derived from the export of meat from sheep, goats, cattle, and camels, with the remaining earnings generated from honey, camel milk, and poultry products. The Director General attributed this significant growth in foreign exchange earnings to a combination of targeted sectoral measures and broader macroeconomic reforms. He highlighted the increase from 63.2 million US dollars in the same period of the previous fiscal year to 100.23 million US dollars as clear evidence of these efforts' positive impact. The shift from illegal livestock exports to legal export slaughterhouses, alongside the narrowing gap between black market and official exchange rates, have been key contributors to the sector’s improved performance, he added.   The United Arab Emirates, Saudi Arabia, and Qatar are the primary importers of Ethiopian livestock and animal products. Efforts are ongoing to connect traders and cooperatives directly with slaughterhouses to ensure a steady supply of animals for export, he noted, highlighting the introduction of a contract breeding system, which facilitates agreements between export-oriented slaughterhouses and pastoralist communities to collaboratively increase livestock supply. As part of a pilot initiative, 120 pastoralists in South Omo have already engaged in this contract breeding system. Based on the success of this pilot, the approach will be scaled up and implemented in other regions. The Institute is also actively working to enhance the sector’s overall benefits by promoting improved livestock breeds and establishing a healthier, more efficient breeding system, he added.

Addis Ababa, June 11, 2025 (ENA)— A conference on the need for financial resilience to build resilient food systems in Africa is underway in Addis Ababa. Opening the three-day conference that attracted experts from 25 countries today, Agriculture Minister Girma Amente said millions of Ethiopian smallholder farmers are at the center of the national development vision of the country. He added that the development agenda of the nation is centered on transforming inclusive and resilient food systems by recognizing agriculture as not only just a sector but a system deeply tied to the economy, environment, sovereignty and social fabrics of the nation.   Wheat self-sufficiency, Green Legacy and Bounty of the Basket initiatives are signals of the government’s dedication for agricultural development, combating climate change, and ensuring food security. However, the minister noted that the demand for agricultural credit to access agricultural inputs, rent agricultural machineries, support rural enterprises and other services is significantly growing. “Recognizing these gaps, the Ministry of Agriculture has taken a deliberate step to establish a rural finance coordination unit to advance a system approach to three core areas — rural credit, agricultural risk insurance, and data systems.” According to Girma, the positioning of the Rural Finance Service Unit at the central hub of the national coordination is also one of the national commitments of the country.   The nation will integrate agricultural credit and risk insurance into agricultural policies, programs, and long-term planning; while building partnerships with financial regulators, financial institutions, insurers, cooperatives, research institutions, and development partners, he disclosed. The Rural Finance Service Unit has strategic mandate that will work across sectors and stakeholders to catalyze coordination, design solutions and support implementation. Lauding UNDP, Gates Foundation and other partners for supporting the establishment of the unit, the minister noted Ethiopia’s commitment to establishing a strong regulatory framework that ensures inclusive and reliable credit and agricultural risk insurance, and expanding public-private-partnership to drive innovation, investment, and delivery. On his part, UN Resident and Humanitarian Coordinator Ramiz Alakbarov said Africa is rich in resource, but so much is being lost due to inefficient management.   To effectively manage the resource, the whole food chain is extremely important element, he added, stressing the need to make sure that we have adequate financing for the conduct of these activities. In this regard, Ethiopia is actively engaging in financial resilience in agricultural initiatives transforming to ensure food security of the country, he noted. “Ethiopia is actively engaged in financial resilience in agricultural initiatives; and this is a powerful signal that would actually trick this whole operation to the next level and ensuring resilience.” Gates Foundation Senior Program Officer, Sammy Ssenyimba, said that climate change is no longer a distant threat or abstract. It is a present and daily reality.   Ssenyimba noted that the prolonged drought experience is devastating and becoming more destructive with low income and vulnerable countries. But global climate finance to agricultural-food system is at low scale, and this is a massive gap and a missed opportunity. In this respect, “financial resilience in agriculture (FRA) is not simply about insurance; it is about resilience; it is about agency and ultimately about justice… The goal is to equip smallholder farmers with tools that they need to withstand climate shocks and to invest in their own futures with confidence.”   Moreover, financial resilience in agriculture community of practice is essential to the future of inclusive agriculture development, shared learning, country leadership and bold collaboration, he added. The senior program officer further emphasized the impossibility to build resilient food systems without resilient farmers, noting the need for embodying financial resilience in agriculture into national policies, institutions and investments. Finally, he expressed Gates Foundation’s firm commitment to supporting the agriculture community practice and the broader FRA vision.

Addis Ababa, June 11, 2025 (ENA)— High-level officials from Ethiopia's Ministry of Agriculture and experts are rigorously reviewing data for the nation's 5th Biennial Review, a vital process to track Ethiopia's progress towards the Comprehensive Africa Agriculture Development Program (CAADP) Malabo Declaration targets. A two-day brought together national stakeholders and experts to rigorously review the agricultural data that Ethiopia will submit to the African Union Commission (AUC). This submission forms the basis for the continent's 5th Biennial Review report on CAADP implementation. Speaking at the workshop, Zena Habtewold, Advisor to the minister of Agriculture said Ethiopia is highly committed to achieve all CAADP goals. According to the advisor, in its commitment to achieve CAADP goals Ethiopia has achieved a lot in terms of food productivity, agricultural productivity, modernization, cluster farming, wheat productivity and in other spheres. On his part, IGAD Head of mission to Ethiopia, Abebaw Bihonegn said as a vital Regional Economic Community of the African Union, continues to demonstrate its unwavering commitment to the execution of the CAADP Agenda. The organization has consistently mobilized resources and invested in regional projects and programs that align with CAADP's strategic framework and action plan, he mentioned. He further added that the ongoing engagements at continental, regional, and national levels underscore IGAD's dedication to agricultural transformation across Africa. "Data is the foundation of development and resilience building," stated a representative from the IGAD Executive Secretary’s office, emphasizing the significance of the data validation exercise. "As the IGAD secretariat, we are proud to have partnered with the government of Ethiopia for this important endeavour." The comprehensive review aims to ensure the accuracy and completeness of Ethiopia's data, which will contribute to a broader understanding of progress in achieving the Malabo Declaration's ambitious goals, including ending hunger, halving poverty through inclusive agricultural growth, boosting intra-African trade in agricultural commodities, and enhancing resilience to climate variability. The CAADP Biennial Review process is the main mutual accountability mechanism to track the progress of the African Union Member States in implementing the Malabo Declaration.

Addis Ababa, June 11, 2025 (ENA)— An international conference aimed at enhancing financial resilience within Ethiopia’s agricultural communities is currently taking place in Addis Ababa. The three-day conference brought together government officials, development partners and pertinent stakeholders from various countries of the world to share knowledge, shape policy innovations, and explore ways to expand agricultural insurance. The conference intended to strengthen smallholder farmers’ financial resilience to climate change through innovative agricultural insurance programs in the country. Moreover, the conference is said to focus on issues of Ethiopia's agricultural insurance landscape, global best practices, policy discussions, case studies, institutionalizing agricultural insurance, and financing strategies for implementation, among others.

Addis Ababa, June 11, 2025 (ENA)— Economic and trade cooperation between China and Africa has demonstrated strong vitality, with a rapid increase in trade volume over the past 25 years, official data showed on Wednesday. China's total imports and exports with African countries increased from less than 100 billion yuan (about 13.9 billion U.S. dollars) in 2000 to 2.1 trillion yuan in 2024, marking an average annual growth of 14.2 percent, according to the General Administration of Customs (GAC). The data was released ahead of the Fourth China-Africa Economic and Trade Expo, scheduled to be held from June 12 to 15 in Changsha, capital of central China's Hunan Province. On Wednesday, the GAC also published the 2024 China-Africa trade index, which reached a record high of 1,056.53 points. The index uses the year 2000 as its benchmark, set at 100 points, according to the administration. China had been Africa's largest trading partner for 16 consecutive years by the end of 2024, and the growth of bilateral trade has continued to pick up pace so far in 2025. According to earlier data from the GAC, China's trade with African countries hit a record high in the first five months of this year, increasing 12.4 percent year on year to 963.21 billion yuan.

Addis Ababa, June 10, 2025 (ENA) -- At the BRICS trade forum held in Brazil, Chairman of the Nigeria's House Committee on Foreign Affairs, Wole Oke, stressed that deepening cooperation between BRICS countries is crucial for economic stability, especially for developing countries, reports PUNCH Newspaper. “Strengthening BRICS trade is no longer optional, it is a necessity. We must trade more with each other, invest in one another, and build a trade ecosystem that puts our people first,” he said He stressed the importance of digital innovation, the use of strategic resources and local currency settlements to create what he called "sustainable trade corridors." Oke proposed the creation of a local currency settlement mechanism. In addition to trade, he advocated joint investment in key sectors such as agriculture, clean energy, manufacturing, and pharmaceuticals, TV BRICS reported. He also called on the New Development Bank to expand its role beyond lending, suggesting that it support trade within BRICS through financial guarantees and affordable financing mechanisms. He advocated for a unified digital and green transformation across the group, proposing a common framework for cybersecurity, e-commerce, and artificial intelligence. “BRICS is not a closed club. Let’s work with the African Union, ASEAN, and MERCOSUR to shape a new global trade order that is fair and inclusive,” he stated.

Addis Ababa, June 10, 2025 (ENA) -- Armenia's Deputy Minister of Foreign Affairs, Vahan Kostanyan lauded Addis Ababa’s massive infrastructure development to transform the city, stressing the need for deepening cooperation with Ethiopia across multiple sector. Approached by ENA, the Deputy Minister of Foreign Affairs, who is in Ethiopia for an official working visit, expressed his deep impression over the remarkable progress of the Ethiopian capital under corridor development initiative.   Addis Ababa, which is also the political capital of Africa, has been rapidly advancing its Corridor Development Project, which aimed at uplifting the image of the city by meeting international smart city standards.   "I'm spending a great time in this lovely city of Addis Ababa. And I'm very happy and amazed to see the development and the big construction in the city," Kostanyan said. Moreover, the deputy minister emphasized that Ethiopia and Armenia share long-standing bilateral relations that date back to the 3rd or 4th century. Particularly, the relationships between the two countries have been gaining momentum over the past decades, characterized by deepening cooperation in various fields, he stated. "We have already 32 years of diplomatic relations between Armenia and Ethiopia, I do believe that there is a unique chance to build on the historical friendship of our two nations, our two peoples, and to strengthen bilateral interstate relations." The deputy foreign minister also indicated that the two countries held political consultations and discussions during the last two days.   He added: "It shows that there is a great potential for our interstate relations to be strengthened in different areas, be it political, economic, education, high tech, etc." Ethiopia and Armenia have been seeking stronger cooperation in the spheres of education, high tech, and health-care, Kostanyan pointed out, noting that these are the areas where Armenian is championing. He further elaborated that the two countries also have commonalities and share various agendas including multilateralism and financing development agenda at the global arena. "There are different areas where the same LDCs group of countries can work and act together, be it Financing for Development Agenda, which now is very big priority in UN's multilateral social summit. The two countries have a very good potential to cooperate, citing the existing quite a good collaboration when it comes to multilateral fora."

Addis Ababa, June 10, 2025 (ENA) -- The African Union Commission has called for renewed commitment to economic integration through the African Continental Free Trade Area (AfCFTA) and the Single African Air Transport Market (SAATM). The Embassy of Botswana in Addis Ababa, together with Ethiopian consultancy Entrust Consult, held a high-level Business Networking Event today titled “Andinet – Remmogo” (meaning “unity” in Amharic and Setswana). The event featured panel discussions on boosting trade and investment between Botswana and Ethiopia, focusing on sectors such as agriculture, leather, textiles, jewellery, coffee, aviation, and tourism, aiming to strengthen partnerships and leverage opportunities under AfCFTA. It sought to foster trade, joint ventures, and SME cooperation.   Speaking at the occasion, Botho Bayendi, AU Director of Strategic Planning and Delivery, urged member states to accelerate the implementation of Agenda 2063, continental flagship development initiatives, calling is as vital for Africa’s industrial transformation, mobility, and resilience. Bayendi highlighted that AfCFTA could double intra-African trade and lift 30 million people out of poverty by 2035, while SAATM could increase air traffic by 50% and reduce airfares by 25%. Ethiopia stands out not only as a committed signatory but also as a regional leader. With Ethiopian Airlines serving as Africa’s largest and most successful carrier, Addis Ababa is uniquely positioned to become a continental aviation and logistics hub. The full implementation of SAATM in Ethiopia would mean greater regional connectivity, reduced transport costs, and increased cargo and passenger volumes. “The synergy between AfCFTA and SAATM is undeniable. AfCFTA opens the markets; SAATM connects them. Together, they anchor a new era of economic mobility, regional production networks, and integrated value chains.” The AU will soon begin aligning national development plans with Agenda 2063 goals, promoting local value addition and stronger regional value chains.   Tebelelo Boang, Botswana’s Ambassador to Ethiopia and AU Permanent Representative, stressed that diplomacy must now focus on unlocking economic opportunities. He emphasized Botswana’s strengths—stability, low corruption, and diversification—and Ethiopia’s rapid industrial growth as a foundation for mutual prosperity. “We must leverage this historic framework to reduce barriers between our markets, and facilitate the movement of goods, services and investments and encourage joint ventures in manufacturing, agribusiness, technology and most importantly to connect entrepreneurs, SME’s and investors from both Botswana and Ethiopia in a meaningful and lasting way,” he said. “Let today be the beginning of lasting conversations—not just between businesses, but between nations,”Ambassador Boang added. Together, the AU and member states like Botswana and Ethiopia are reinforcing the continent’s vision of integration, shared prosperity, and global relevance under Agenda 2063.

Addis Ababa, June 10, 2025 (ENA) -- Ethiopia's draft budget for the upcoming 2025/ 2026 would play a significant role in ensuring the successful continuity of the comprehensive macroeconomic reforms, Finance Minister Ahmed Shide said today. Speaking at the 35th regular session of the House People's Representatives, he disclosed that the budget for the 2018 Ethiopian Fiscal Year (EFY) is 1.93 trillion Birr. According to him, the budget aligned with the country's Ten-Year Perspective Plan (2021-2030) emphasizes continuity with long-term development goals. The minster stated that the 1.5 trillion Birr revenue for the 2018 EFY represents a 62 percent growth compared to the total revenue estimated to be collected in the preceding fiscal year. He further mentioned that preparations have been made to integrally implement the planned reforms in tax policy and tax administration to achieve the targeted tax revenue.   Out of the total draft budget, 61 percent is allocated to recurrent expenditures --- a 48.1 percent growth compared to the recurrent budget allocated in the current fiscal year. On the other hand, the 415 billion Birr allocated for capital budget constitutes 22 percent of the total budget, which is an increase of 72 billion Birr compared to that of 2017 EFY. Ahmed further stated that the budget for the year also shows an increase compared to the previous fiscal year, noting that this increase is mostly attributed to the rising expenditure associated with implementing the reforms. The budget has a crucial role in successfully continuing the comprehensive macroeconomic reforms, he stressed. The minister urged institutions to utilize their allocated budgets for the intended purposes, and to do so economically and effectively. Finally, he called upon all relevant bodies to do everything necessary to ensure the successful utilization of the budget.

Addis Ababa, June 10, 2025 (ENA) --- In a continent often portrayed as perpetually reliant on aid, Ethiopia is rewriting the script. The East African nation is now spearheading its own path to agricultural productivity and food sovereignty. Over the past six years, the Ethiopian government has embarked on bold policies to enhance agricultural productivity and achieve food security. The endeavors are truly laying a foundation to ensure long-term self-reliance. Most importantly, these reflect Ethiopia’s commitment to breaking free from dependency and fostering sustainable development. The success stories Ethiopia have been registering and its bold shift—moving away from reliance on external support—has drawn attention. Even the achievement in this cause is disproving skepticism and criticism of productivity and data. Over the course of the last seven years, the Ethiopian government has implemented a number of strategic programs with the dual goals of eradicating hunger and promoting economic growth. Wheat Revolution—From Imports to Self-Sufficiency Once a major wheat importer by spending nearly 1 billion US dollars annually, Ethiopia has now overtaken the status of the largest wheat-producing country in the Africa continent. The massive dry season wheat irrigation projects initiated by Prime Minister Abiy Ahmed has not only transformed the country’s food resilience but also became for the first time in history a net exporter. A significant chapter in history — when Ethiopia relied on importing millions of quintals of wheat annually to satisfy its citizens' fundamental bread needs, has now come to an end. To this effect, the country receiving recognition from international organizations such as the FAO for making wheat production a central pillar in its pursuit of food self-sufficiency. Through the expansion of irrigated farming, the use of improved seed varieties, and the adoption of modern farming techniques, the country has significantly increased its wheat yield and marketable surplus. The initiative increased Ethiopia’s annual wheat production to 231 million quintals. The country has now significantly enhanced its self-reliance in wheat production thanks to the national efforts being carried out. In addition to completely replacing the import of wheat, this program strengthens food and nutrition security and demonstrates Ethiopia's tenacity in tackling global agricultural challenges. In his recent wide-ranging televised interview, Prime Minister Abiy Ahmed himself confirmed that Ethiopia has overtaken the status of the largest wheat-producing country in Africa, tripling Egypt’s output. This achievement, while met with some skepticism, stands as a testament to the nation’s strategic agricultural policies and commitment to economic development. Moreover, prominent global figures, including Bill Gates, the President of the African Development Bank, Akinwumi Adesina and others are praising Ethiopia's remarkable agricultural achievements, particularly its success in boosting wheat productivity. They highlighted it as a model for sustainable development in Africa. Ethiopian Prime Minister Abiy Ahmed received the Agricola Medal from the Food and Agriculture Organization (FAO) of the United Nations in 2024. This decision, which was made in Rome, Italy, acknowledged his leadership, vision, and dedication to nutrition and food security, especially in his pursuit for wheat self-sufficiency. FAO’s decision was not only a gesture toward a nation’s efforts to realize food self-sufficiency, but it is absolutely a powerful international recognition of a leader who inspired his people to pursue food security through resilience and sustainable development. Ethiopia's success in wheat self-sufficiency serves as a model for the entire African continent. Numerous delegations have been traveling to the nation to learn important insights into enhancing wheat productivity, especially in light of the global food crises that are causing widespread concern among people worldwide. The Green Legacy Initiative: A Catalyst for Food Sovereignty in Ethiopia One of the key drivers of Ethiopia’s food sovereignty transformation endeavors is the Green Legacy Initiative, an ambitious environmental campaign launched by Prime Minister Abiy Ahmed in 2019. With a vision to plant billions of trees across the country, the initiative aims not only to combat deforestation and climate change but also to support sustainable agriculture and rural livelihoods. To date, Ethiopia has planted over 40 billion seedlings, many of which are fruit-bearing species such as avocado, mango, and papaya. This strategic focus on edible trees enhances food security, improves nutrition, and generates income for farming communities.   As part of the ongoing tree planting activities, Ethiopia’s forest cover had increased to 23.6 percent in 2023 from 17.2 percent in 2019. The initiative has also been inculcating the culture of tree planting among citizens while also creating jobs to the youth as it engages several activities including the preparation of samplings. Ethiopia's forest cover rose from 17.2 percent in 2019 to 23.6 percent in 2023 as a result of continuous tree planting efforts. Vast tracts of land are being restored through tree planting campaigns and community-based initiatives. This project is not just about restoring ecosystems; it is also about creating employment opportunities. Local communities are often directly involved in this initiative, receiving training and resources to manage nurseries, plant trees, and maintain newly established forests. The Green Legacy Initiative is therefore more than just a project. It is helping to revolutionize Ethiopia by turning its arid regions into breadbaskets and changing the narrative from one of fragility to one of self-sufficiency and resilience. All things considered, Ethiopia is transforming its grim past of being portrayed as a nation afflicted by drought and other calamities into one that is growing economically. "Bounty of the Basket" Another national successful initiative that is worth mentioning is "Bounty of the Basket" (Yelemat Tirufat), which aims to increase food production and guarantee food security at the household and national levels. Launched in 2022, The program's main goal is to increase the production of fish, dairy, eggs, chicken, and honey. It has made good strides, as evidenced by the considerable rise in production of these essential foods. When the program was launched, the number of animals bred in the country was around 500,000 annually. Today, the nation’s artificial insemination efforts have expanded significantly, reaching 3.8 million.   Significant progress has been made, as demonstrated by the substantial increase in the production of these vital foods. For instance milk productivity significantly increases over the past few years. When the program commenced, the annual number of animals bred in the country was approximately 500,000. Currently, the nation’s artificial insemination initiatives have grown considerably, achieving a total of 3.8 million. Notable improvements have also been observed in fish production, as fish farming has evolved into a sustainable business opportunity, with both farmers and urban residents establishing fish ponds and raising fingerlings. The output of milk, chicken, and honey has seen a significant rise, enhancing the family meal basket. Chicken meat production, which was at 70,000 tons, has surged to 208,000 tons by 2024, while milk production has escalated from 7.2 billion to 10 billion liters in the same timeframe. Additionally, honey production has jumped from 128,000 tons to 272,000 tons. This initiative has not only enhanced productivity but has also enabled the government to more effectively identify available resources and address major distribution issues. Notable improvements have also been observed in fish production, as fish farming has evolved into a sustainable business opportunity, with both farmers and urban residents establishing fish ponds and raising fingerlings. Under the leadership of Prime Minister Abiy Ahmed, Ethiopia is actively advancing not only its own food self-sufficiency but also contributing to the continent’s broader aspiration for self-reliance. By strengthening resilience, reducing dependency, and laying the groundwork for sustainable growth, Ethiopia is emerging as a model for agricultural transformation in Africa. This plainly proves ensuring food self-sufficiency stands as a cornerstone of Ethiopia’s national strategy, carrying significant implications that extend beyond its own borders. By bolstering domestic food production, Ethiopia not only safeguards itself from global supply chain disruptions but also sets a powerful example of how African nations can pursue and achieve agricultural independence. Most importantly, by prioritizing sustainable farming and innovative solutions, Ethiopia is also showing that Africa has the capacity to feed itself and has the capacity to ensure a prosperous, food-secure future for generations to come. Ethiopia has made remarkable strides in improving its capacity to address emergencies caused by both natural and man-made disasters. In this regard, the nation's strategic food reserve has been growing, allowing it to effectively meet the needs of millions during emergencies. Additionally, the country is pursuing an ambitious strategic policy aimed at reducing aid dependency by strengthening its internal capabilities for humanitarian interventions. Ethiopia is striving to achieve not just food security, but also food sovereignty, recognizing that without food sovereignty, genuine sovereignty cannot exist. This is particularly important in the current global geopolitical and economic landscape, where power struggles often utilize food as a weapon, subjugating nations in the process.

Addis Ababa, June 10, 2025 (ENA)—State Minister of Foreign Affairs, Hadera Abera stressed the need to elevate the economic diplomacy of the country to realize the Homegrown Economic Reform Agenda. The Institute of Foreign Affairs (IFA) in collaboration with the Ministry of Foreign Affairs convened a high-level conference today under the theme "Exploring New Avenues: Economic Diplomacy as the Mainstay of Ethiopian Foreign Policy." The conference aimed at fostering renewed connections between the economy and foreign affairs sectors.   Opening the conference, state minister of Foreign Affairs Ambassador Hadera Abera stated that economic diplomacy is one of the priorities of Ethiopia's foreign policy. For the state minister, economic diplomacy is instrumental to realize Ethiopia's Homegrown Economic Reform agenda, emphasizing the irreplaceable role of diplomacy in economic sector. Diplomats have a key role to play in promoting the country's economic sector, he said, adding the conference is crucial to foster collaboration and connection. Ethiopian Investment Commissioner Zeleke Temesgen said for his part that following the recent macroeconomic reforms, the foreign direct investment (FDI) has been increased in the country.   The commissioner also underscored the significant role of diplomatic missions to promote the nation's investment opportunities worldwide, stressing the need for strengthened and coordinated endeavors. Addressing the conference, IFA Executive Director Jafar Bedru noted that since 2018, Ethiopia has embarked on transformative economic reforms. He stressed the need to strengthen partnership among pertinent stakeholders to further take Ethiopia's economic diplomacy into new heights, noting the significance of the conference as a vital platform.   Recall that the Ministry of Foreign Affairs, in collaboration with the Ministry of Finance, the Ethiopian Securities Exchange, and Ethiopian Investment Holdings, officially launched a Diplomatic Guide for the Home-Grown Economic Reform Agenda yesterday.   The Ethiopian government has been implementing a comprehensive Homegrown Economic Reform Agenda to realize the country’s structural economic transformation, and ensure sustainable development and growth.

Addis Ababa, June 10, 2025 (ENA) -- Deputy Prime Minister Temesgen Tiruneh has affirmed that Ethiopia's comprehensive reform efforts, following the National Transformation agenda, have significantly enhanced the country’s capacity to achieve the Sustainable Development Goals (SDGs). The Ministry of Planning and Development hosted a high-level consultation forum at in Addis Ababa, bringing together national stakeholders to discuss the draft of Ethiopia's Third Voluntary National Review (VNR) 2025 report. The consultative forum was graced by Temesgen Tiruneh, Deputy Prime Minister, along with Regional Presidents, Mayors of the two City Administrations, Chairpersons and Members of the House of Peoples' Representatives Standing Committees, various Ministers, and other stakeholders. In his opening remarks, the Deputy Prime Minister highlighted that Ethiopia is working to align its development goals with those of the United Nations, stating that the country is undertaking effective work to ensure the implementation of the 2030 Sustainable Development Agenda.   Temesgen reaffirmed Ethiopia’s commitment to implementing the SDGs in line with national priorities and realities. He noted that the country has already submitted two Voluntary National Review reports and is currently preparing its third, to be presented during the current fiscal year.   Despite numerous challenges, he emphasized that Ethiopia is making concrete strides in economic, social, and environmental development. The upcoming report, he said, will highlight how various development projects are improving lives and contributing to global goals. Temesgen also noted that the report covers a broad range of areas, including health, gender equality, sustainable economic growth, decent work, protection of water ecosystems, and strengthened international partnerships. Minister of Planning and Development, Fitsum Assefa, also addressed the forum. Fisum indicated that the report preparation involved numerous institutions and relevant stakeholders, and confirmed that it was prepared after being reviewed by an independent consultant. She further mentioned that with five years remaining for the completion of the United Nations Sustainable Development Goals, Ethiopia is sharing its experience with other countries regarding the implementation. She cited flagship initiatives such as increased wheat production, Bounty of the Basket program, the Green Legacy initiative, Education for Generations, and corridor development projects as major contributors to the country's progress. These integrated programs, she stated, are driving efforts to eliminate poverty, build a healthy and productive society, foster inclusive economic growth, and create decent employment opportunities. During the consultation forum, a comprehensive presentation of the VNR 2025 draft report was delivered, followed by an in-depth discussion and a question-and-answer session. The forum yielded valuable feedback and insights. This consultation forum demonstrated Ethiopia's unwavering commitment to achieving the Sustainable Development Goals, showcasing its steadfast stance on inclusive and transparent reporting of its progress.

Addis Ababa, June 10, 2025 (ENA) -- The government of Ethiopia is actively engaged in economic diplomacy to enhance Ethiopia's development endeavors, high-ranking government officials stressed. Developed in collaboration with the Ministry of Finance, Ethiopian Investment Holdings, and the Ethiopian Securities Exchange, the diplomatic guide seeks to improve understanding and facilitate effective communication regarding Ethiopia’s evolving political landscape. Speaking at event, Foreign Minister Gedion Timothewos emphasized that the guide reflects the rationale behind the Home-Grown Economic Reform (HGER) initiative, which aims to address economic challenges and foster prosperity for the Ethiopian people.   He stressed the importance of recognizing the successes of the homegrown economic reforms and aligning economic diplomacy accordingly. The Minister noted that the ongoing economic reform packages have already led to significant achievements and stressed that the diplomatic directive will serve as a guiding framework, enabling Ethiopian diplomats to effectively adapt to changes and perform their duties more efficiently.   He highlighted Ethiopia's status as one of the fastest-growing economies globally, projecting over 8 percent GDP growth for the current fiscal year. Gedion stressed the importance of economic diplomacy in advancing Ethiopia's reform agenda, which encompasses attracting foreign direct investment, enhancing trade relations, and gaining access to international financial resources. The government is implementing a strategy to improve national production and trade balance by leveraging foreign investments and negotiating favorable trade agreements, particularly under the African Continental Free Trade Area, Gedion added. Various efforts, including expanding infrastructure, and encouraging diaspora engagement, among others, are instrumental to boost investment through the diplomatic guide.   Finance Minister Ahmed Shide on his part reiterated mentioned about the significance of the diplomatic guide, describing it as a critical tool that aligns with Ethiopia’s national economic reform. The guide would enable diplomats to understand the transformative vision of the Home-Grown Economic Reform initiative in fostering sustained and inclusive growth, he added. As Ethiopia enters into the second phase of the Home-Grown Economic Reform, the guide is critical for strategic engagement with the international community to mobilize resources and expand trade partnerships, he emphasized. Finally, the finance minister reaffirmed the government's commitment to transparency and fiscal responsibility, stressing that the diplomatic guide would help to advance Ethiopia's development anchored in resilience, opportunity, and shared prosperity.

Addis Ababa, June 9, 2025 (ENA) -- BRICS countries are strengthening cooperation in the field of technical and vocational education and training (TVET) as a key tool for sustainable socio-economic development. The Brazilian Ministry of Education hosted a meeting of the BRICS TVET Cooperation Alliance (BRICS TCA), which discussed expanding access to education, innovation, and training for skills in demand in the labour market. This is reported by the official website of the Brazilian Government. The meeting was attended by representatives of the Ministries of Education, scientific institutions and international organisations of the BRICS countries. Representatives from Egypt, Ethiopia, India, Indonesia, Russia, South Africa, and the UAE also participated in the discussions. The participants exchanged experiences in implementing vocational education programmes and identified priorities for further cooperation, according to TV BRICS. Special Advisor to the Brazilian Minister of Education, Francisco Figueiredo, emphasised the importance of the group as a platform for exchanging policies and best practices and establishing direct links between relevant institutions in the participating countries. State Secretary for Technological and Professional Education of the Brazilian Ministry of Education, Marcelo Bregagnoli noted a significant increase in the number of students in this field. According to the 2024 census, more than 2.5 million schoolchildren are enrolled in secondary vocational education programmes, of which more than 1.5 million are in public institutions. The meeting participants identified three priority areas: ensuring the quality and accessibility of education for young people, enhancing the role of vocational education in the economic development of BRICS countries, as well as introducing new technologies and innovative methods in education. Chinese representative Zhai Jinming noted that BRICS TCA has become an important platform for deepening cooperation between countries in the field of vocational education. He expressed confidence that student and teacher exchanges, joint research and training programmes will expand.

Addis Ababa, June 8, 2025 (ENA)— The African Union called for accelerated efforts to deepen the Africa Continental Free Trade Area (AfCFTA), stimulate industrialization, and drive innovation-led growth. The 50th session of the Permanent Representatives Committee (PRC) took place today at the AU headquarters. In her keynote address to the session, Ambassador Selma Malika Haddadi, the Deputy Chairperson of the African Union Commission, noted that the new administration has been intensifying efforts to identify areas of concern for member states. According to her, critical areas have been identified that require action and joint, collaborative efforts, as well as enhanced dialogue and communication. To this effect, she called upon all member states of the African Union to accelerate their efforts to implement the AfCFTA, stimulate industrialization, and drive innovation-led growth.   “We must accelerate efforts to deepen the AfCFTA, stimulate industrialization, and drive innovation-led growth,” the deputy chairperson underscored. She also stressed the need for strengthening relations between the Commission and Regional Economic Communities and Regional Mechanisms (RECs/RMs), a key priority for the new leadership. Malika mentioned that the AU recently convened a Coordination Committee Meeting with the executives and secretary-generals of the RECs/RMs. She remarked that the goal of this joint meeting was "to strengthen coordination, avoid duplication, and reinforce our shared commitment to the principles of subsidiarity, complementarity, and comparative advantage, which underpin the institutional architecture of the African Union." Regarding progress in covering 100 percent of the AU's operational budget through member states' assessed contributions, she noted that the continent is lagging in achieving the Johannesburg targets of financing 75 percent of the program budget and 25 percent of peace support operations.   She recalled that, to date, only 17 member states have implemented the Kigali decision on the levy, which requires member countries to commit to a 0.2 percent levy on all eligible imported goods to finance the continental body. The deputy chairperson commented that the lack of financing still limits the institution's activities and success and, she reaffirmed the new leadership's resolute stance on changing this reality. She urged member countries to contribute their fair share to achieve the African Union's financial sustainability.