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Economy
Ethiopian Satellites Drive Socio-Economic Gains as Third Launch Planned for 2026
Jan 8, 2026 237
Addis Ababa, January 8, 2026 (ENA)—The Ethiopian Space Science and Geospatial Institute (SSGI) has announced that satellite data generated by Ethiopia’s space missions has delivered significant socio-economic benefits across the country. According to the Institute, preparations are underway to launch Ethiopia’s third Earth observation satellite, ET-RSS2, in December 2026. The new satellite is expected to offer enhanced image quality and a longer operational lifespan. Ethiopia has previously launched two Earth observation satellites—ET-RSS1 and ET-SMART-RSS. Although both satellites have now completed their operational lifespans, they provided valuable technological, scientific, and economic contributions, SSGI Director General Abdisa Yilma told the Ethiopian News Agency. Abdisa noted that satellite-generated data played a crucial role in strengthening food security, protecting the environment, and managing natural resources. The information also supported key sectors such as agriculture, urban planning, infrastructure development, and national security, while contributing to the country’s international image. The upcoming ET-RSS2 satellite will be equipped with modern technology and is designed to remain operational for five years. Its improved capabilities are expected to further enhance Ethiopia’s ability to collect and analyze high-quality Earth observation data. The Director General emphasized that through its previous satellite missions, Ethiopia has successfully developed institutional capacity in satellite data reception, analysis, and management, as well as in maintaining space infrastructure. He added that the next launch will further demonstrate the country’s growing practical expertise in space technology and satellite development.
Premier Inaugurates Integrated Tulu Arara Model Village to Boost Rainy Season Charity Program
Jan 7, 2026 746
Addis Ababa, January 7, 2026 (ENA)—Prime Minister Abiy Ahmed, accompanied by First Lady Zinash Tayachew and senior government officials, has officially inaugurated the integrated Tulu Arara Model Village, marking a significant milestone in elevating the rainy season volunteer and charity program to a new level. Speaking at the inauguration, Prime Minister Abiy revealed that the model village covers an area of 7,000 square meters and has been carefully designed to provide comfortable and dignified housing for citizens. Each housing unit has been constructed to standard and consists of five rooms, including two bedrooms. According to the Prime Minister, the village is designed to accommodate 150 citizens at the household level. “The village was developed with full infrastructure support, including internal roads, electricity and solar power supply, a physical fitness and recreation area, and green development initiatives,” Prime Minister Abiy shared on his social media channels. To ensure the long-term improvement of residents’ living standards, the village has adopted an integrated development approach that links production with market value chains. The initiative combines dairy cattle and poultry farming with backyard gardening, while an integrated commercial chain has been established to connect production directly to market outlets, creating sustainable income opportunities for residents. The Tulu Arara Model Village stands as a demonstration of integrated, community-centered development aimed at improving livelihoods and promoting self-sufficiency.
Ethiopian Airlines Expands France Network with New Lyon Service via Geneva
Jan 6, 2026 818
Addis Ababa, January 6, 2026 (ENA)—Ethiopian Airlines has announced plans to launch a new passenger service to Lyon, France, beginning 2 July 2026. The thrice-weekly flights will operate via Geneva, Switzerland, marking another step in the airline’s continued expansion across Europe. With the addition of Lyon, Ethiopian Airlines will serve three destinations in France, joining its existing routes to Paris and Marseille. The new service is expected to enhance connectivity between France, Africa, and other global destinations within the airline’s extensive network. Ethiopian Airlines Group CEO Mesfin Tasew said the new route reflects the carrier’s long-standing commitment to the French market. He noted that the airline has connected France with Africa and beyond for more than 50 years and continues to focus on strengthening trade, tourism, and cultural ties through improved air links. The Lyon service will provide passengers with onward connections to more than 65 destinations across Africa, as well as to cities in the Middle East and Asia, through Ethiopian’s Addis Ababa hub. The airline operates one of the youngest fleets in the industry, featuring modern and fuel-efficient aircraft. Ethiopian Airlines, Africa’s largest carrier and a member of Star Alliance, currently operates flights to over 160 passenger and cargo destinations worldwide. As part of its long-term growth strategy under “Vision 2035,” the airline aims to become one of the world’s top 20 aviation groups while expanding its multi-hub presence across Africa.
Customs Commission to Enhance Use of Technologies Under Digital Ethiopia 2030 Strategy
Jan 6, 2026 623
Addis Ababa, January 6, 2026 (ENA)—The Ethiopian Customs Commission (ECC) will further intensify its efforts to improve customs services by expanding the use of technology through the Digital Ethiopia 2030 strategy, ECC Deputy Commissioner Muluwork Derese said. In an exclusive interview with the Ethiopian News Agency, the Deputy Commissioner revealed that the Commission has been implementing technologies aimed at facilitating trade, preventing smuggling, and enhancing overall operational efficiency. Technology plays a crucial role in modern customs operations, particularly through the implementation of paperless services and online platforms that improve transparency, accountability, and service delivery, she added. According to her, the digital systems being used have significantly reduced the need for physical presence while speeding up customs clearance processes. The electronic Single Window platform, for instance, integrates more than 80 institutions, including regulatory bodies, thus enabling customers to access multiple services through a single digital interface. “The major platform we are using is the electronic Customs Management System (eCMS), a fully automated clearance system that allows traders to submit declarations online and receive responses without physical contact, all through a single window,” Muluwork explained. She further stated that the Commission has been utilizing electronic seals and cargo SIM tracking technologies to monitor and control cargo movement until it reaches the intended destination. In addition, smart border management systems, smart gates, and other modern technologies are implemented to combat contraband and enhance border clearances. Technology integration among institutions has also significantly improved efficiency. “For example, bank permits and other critical documents are now exchanged electronically through direct system-to-system communication, reducing forgery and fraud.” The technologies, she said, help to strengthen monitoring of imported goods, minimize human contact, prevent corruption, and provide services for customers regardless of location. Muluwork further pointed out that strong institutional coordination has been established as a key pillar in supporting the success of the Digital Ethiopia 2030 strategy. The Deputy Commissioner added that the use of shared digital platforms, which enable multiple stakeholders to work collaboratively and efficiently, will continue to be strengthened in the coming years Artificial intelligence-assisted technologies have already been introduced and additional digital solutions currently under development will be implemented in the future as part of ongoing modernization efforts, it was learned. The Ethiopian Customs Commission is rapidly transitioning from older systems to automated clearance systems, with a strong focus on transparency, efficiency, and modernization through online portals.
Ethiopian Airlines to Break Ground on Bishoftu Mega International Airport This Weekend
Jan 6, 2026 826
Addis Ababa, January 6, 2026 (ENA)—Ethiopian Airlines Group CEO Mesfin Tasew has announced that the highly anticipated groundbreaking ceremony for the new Bishoftu Mega International Airport is scheduled for this weekend. The ambitious project aims to transform Ethiopia’s aviation landscape and position the country as a leading hub for international air travel. For decades, Ethiopian Airlines has operated out of Bole International Airport in Addis Ababa. However, as the airline’s operations expanded, the airport reached its capacity limits. "Bole International Airport has become too small and overcrowded with passengers," CEO Mesfin Tasew told Pulse of Africa, a Pan-African media outlet. "We have been expanding this airport for several decades, but it has reached the point where further upgrades are impossible, as it is now at the center of the city." The project comes at a time when Ethiopian Airlines, Africa’s largest carrier and among the top 30 globally, is experiencing rapid growth. Currently valued at around 8 billion USD, the airline is projected to reach nearly 30 billion USD by 2040. The Bishoftu Airport City is designed to support this growth, providing the infrastructure needed to compete with international aviation giants such as Emirates and Qatar Airways. Located approximately 40 kilometers southeast of Addis Ababa, the new airport will initially handle 60 million passengers annually, with plans to expand capacity beyond 100 million in the future. It will feature multiple runways, extensive cargo facilities, and state-of-the-art terminals, cementing Ethiopia’s status as a major aviation hub on the African continent. Experts predict that Bishoftu International Airport will have far-reaching economic impacts. According to analyst Zemedeneh Nigatu, even a fraction of the airline’s 20 million annual passengers visiting Ethiopia could generate over a million new tourists each year, giving a significant boost to the country’s economy. The 10 billion USD investment is expected to create thousands of direct jobs in construction, aviation, logistics, hospitality, and retail, with additional indirect employment opportunities across the region. The airport city is also set to strengthen Ethiopia’s position as a regional economic and investment hub, attracting both global and domestic investors. Ethiopian Airlines, a major source of foreign currency for the country, is expected to further enhance national revenue with the new airport, reinforcing its role as a cornerstone of Ethiopia’s economic growth.
Ethiopia Offers Holiday Packages for Visitors to Discover New Attractions During Genna, Epiphany
Jan 6, 2026 541
Addis Ababa, January 6, 2026 (ENA) — The Ministry of Tourism has unveiled special arrangements for visitors attending Ethiopia’s upcoming Genna (Ethiopian Christmas) and Timket (Epiphany) celebrations, offering opportunities to explore newly developed tourist attractions across the country. Genna and Timket are among Ethiopia’s most important religious and public festivals, highlighting the nation’s rich historical, cultural, and spiritual heritage. Celebrations in historic destinations such as Lalibela and Gondar continue to draw increasing numbers of international tourists each year. Speaking to ENA, State Minister of Tourism Sileshi Girma emphasized that the festivals attract global attention beyond religious communities and provide a key platform to promote Ethiopia’s tangible and intangible heritage. The state minister added that the growing influx of visitors has spurred coordinated efforts to enhance the overall tourism experience. Preparations include training and capacity-building for tourism stakeholders in major celebration areas to ensure high-quality services and visitor satisfaction. Promotional campaigns are also underway to raise awareness of the festivals’ historical significance and main celebration sites through international information channels. Under the Ministry’s coordination, tour operators and partners have designed special packages allowing festival-goers to visit newly established attractions, particularly in Addis Ababa, which are increasingly contributing to both domestic and international tourism growth. The Ministry is further collaborating with hotels, tour operators, and other stakeholders to improve the tourism environment and encourage visitors to extend their stays, enhancing both the festive experience and the country’s tourism development.
Scholars Reject Any Denial of Ethiopia’s Abay River, Red Sea Rights
Jan 5, 2026 1713
January 5, 2026 (ENA)—University scholars have strongly rejected any attempt to deny Ethiopia’s legal, historical and geographical rights to utilize the Abay River and secure access to the Red Sea, describing such positions as unacceptable and detached from present realities. The scholars emphasized that Egypt’s continued reliance on colonial era narratives over the Abay River has no place in the modern world. Ethiopia’s use of its natural resources is a legitimate right grounded in international principles and historical facts, they noted. The scholars noted that the Grand Ethiopian Renaissance Dam (GERD) was completed through the collective effort, resources and determination of the Ethiopian people, despite repeated external attempts to obstruct the project. They said firm government leadership, sustained diplomatic engagement and strong public participation enabled Ethiopia to foil what they described as conspiratorial efforts, leading to the completion of the dam in September 2025. They also underlined that Ethiopia’s ongoing efforts to secure sea access are based on historical, legal, geographical and natural grounds, describing sea outlet access as an existential issue for the country. Approached by ENA, scholars from Hawassa University said it is impossible to deny Ethiopia’s legal and natural rights to development and utilization of the Abay River and access to the Red Sea. A researcher at the Rift Valley Research Center under Hawassa University Institute of Technology, Mihret Denanto, said, “Any country has the right to develop and use its natural resources.” He added that Ethiopia has every right to properly develop and utilize the Abay and other water resources, stressing that “Egypt’s colonial narrative is unthinkable and outdated in this era.” Mihret further emphasized that alongside water resource development, securing a sea outlet through the Red Sea is essential. “Ethiopia’s right to secure a sea outlet is appropriate by all standards and it is also a matter of survival,” he said, adding that realizing this goal should be “the responsibility of all and the homework of the generation.” For his part, a lecturer and researcher at the university’s Department of Water Resources and Engineering, Tewodros Assefa, stressed the need to continue strengthening efforts to develop and utilize Ethiopia’s water resources and to advance access to the Red Sea. “Egypt’s attempts to hinder Ethiopia’s development efforts and its right to use its resources are completely unacceptable,” he said, adding that Ethiopia’s legal and natural rights to develop and utilize the Abay River and secure access to the Red Sea “cannot be obstructed by outdated colonial ideology.”
PM Abiy Highlights Ethio–Djibouti Railway as Key to Strengthening National Logistics
Jan 4, 2026 1521
January 4, 2026 (ENA)—Prime Minister Abiy Ahmed visited the Ethio–Djibouti Railway Corporation today, emphasizing the railway’s pivotal role in enhancing the country’s operational capacity and supporting Ethiopia’s ambitious development goals. During the visit, the Prime Minister noted that as Ethiopia’s economy grows, logistics continues to be a major factor influencing sustained development. He praised the railway’s progress in domestic construction efforts, highlighting how it reflects a commitment to building local expertise, boosting efficiency, and ensuring long-term sustainability within the transport sector. “Logistics is a complex system that includes everything from ports to railways, highways, transport services, and storage facilities,” PM Abiy explained. He added that significant strides are already being made in areas under national control, including dry ports, railway upgrades, highways, and warehouse projects. The Prime Minister stressed that tackling these logistical challenges in a coordinated way will be crucial to removing bottlenecks and strengthening the foundation for Ethiopia’s broader economic growth.
Global Vehicle Giant Eyes Major Opportunity in Ethiopia as New Energy Solutions Transform Transport
Jan 4, 2026 3128
January 4, 2026 (ENA)—Emerging energy solutions in Ethiopia could play a transformative role in reshaping the country’s transport and logistics sector, according to SHACMAN, a leading global commercial vehicle manufacturer. In an exclusive interview with the Ethiopian News Agency (ENA), Nicolas Yan, General Manager of SHACMAN’s Ethiopia Office, said the adoption of new energy technologies is essential for modernizing the nation’s transport system. He stressed that innovations such as electric and alternative-fuel vehicles have the potential to significantly improve efficiency, reduce operational costs, and enhance environmental sustainability across the sector. Yan noted that Ethiopia’s growing focus on clean energy and green transport aligns well with SHACMAN’s long-term vision. “New energy solutions are no longer optional; they are central to the future of transport and logistics,” he said. Headquartered in Xi’an, China, SHACMAN manufactures a wide range of commercial vehicles, including medium- and heavy-duty trucks, military off-road vehicles, refrigerated trucks, and specialized service vehicles. The company has operated in Ethiopia for more than 15 years, building a solid operational base and strong local partnerships. Looking ahead, Yan revealed that SHACMAN plans to expand its investment in green energy vehicles in Ethiopia, citing rising demand and supportive policy direction as key drivers. The general manager added that the company is committed to supporting Ethiopia’s efforts to develop a modern, efficient, and environmentally friendly transport system.
Ethiopia Gears Up to Welcome Global Visitors for Christmas (Genna) and Timket Celebrations
Jan 4, 2026 1915
January 4, 2026 (ENA)—Ethiopia is finalizing wide-ranging preparations to welcome both international and domestic tourists for the upcoming celebrations of Ethiopian Christmas (Genna) and Epiphany (Timket), according to the Ministry of Tourism. The preparations form part of a broader government strategy to position tourism as a key driver of economic growth and international engagement. Speaking to the Ethiopian News Agency (ENA), Samuel Hailu, CEO of Tourism Development Infrastructure at the ministry, said comprehensive measures have been put in place to ensure quality services and a smooth experience for visitors. “Multifaceted preparations are underway to provide effective and hospitable services during these iconic festivals,” Samuel noted, adding that the ministry has conducted orientations for tour operators, hotel owners, and transport providers. While Genna and Timket are celebrated nationwide, the historic cities of Lalibela and Gondar remain the main attractions for international tourists. Lalibela, home to the UNESCO-listed rock-hewn churches, will host Genna celebrations on January 7. The city is regarded as the spiritual heart of the festival, as thousands of white-robed worshippers gather for overnight prayers in a deeply moving religious atmosphere. Gondar will take center stage on January 19 for Timket celebrations. Known for its 17th-century royal castles, the city hosts vibrant ceremonies marked by colorful processions to Fasilides’ Bath, where the reenactment of the baptism of Christ draws visitors from around the world. Ethiopian Epiphany is recognized by UNESCO as an Intangible Cultural Heritage of Humanity, further enhancing the country’s global cultural profile. Beyond religious tourism, the government has expanded efforts to develop new tourism destinations aimed at unlocking Ethiopia’s vast natural and cultural potential. On the northern shores of Lake Tana, Gorgora has emerged as a new destination for history and nature enthusiasts. The recently inaugurated Gorgora Eco Resort offers opportunities for birdwatching, water sports, and exploration of the ruins of Emperor Susenyos’ Palace. Wonchi, centered around a scenic volcanic crater lake, has become a premier ecotourism destination. Visitors can enjoy hiking, horseback riding, boat trips to the Wenchi Chirkos island monastery, as well as natural hot springs and waterfalls. In southern Ethiopia, Koysha is part of an integrated development project near Chebera Churchura National Park, renowned for its large populations of elephants and buffaloes. The Koysha Hydroelectric Project is expected to create a massive reservoir that will support future water-based recreation and cruise tourism. In Addis Ababa, tourists can combine religious festivities with modern attractions such as Unity Park, Entoto Park, the Science Museum, and the National Palace Museum. To support visitors, the Ministry of Tourism has launched the “Visit Ethiopia” website, offering destination information and event schedules. Samuel said the festive preparations align with national transformation initiatives such as Gebeta Le Sheger and Gebeta Le Hager, which have rehabilitated historic sites and opened new regions to international tourism standards. Private sector operators have also welcomed the government’s efforts. Yitayew Tariku, General Manager of Tulight Tour Company, told ENA that improved incentives and a favorable policy environment have encouraged greater private investment in tourism. “The conditions created by the government motivated us to enter the sector and actively promote Ethiopia’s diverse attractions,” he said. Reports also indicate that Ethiopia is increasingly positioning itself as a destination for conference and business tourism. According to Samuel, the upcoming Genna and Timket celebrations will serve as a showcase of the country’s renewed commitment to world-class hospitality and global competitiveness.
Ethiopia Making Giant Strides in Mining Sector: Minister
Jan 3, 2026 1490
Addis Ababa, January 3/2026 - Ethiopia’s Macroeconomic Reform has brought about growth in leaps and bounds in the nation's mineral resources, according to Habtamu Tegegne, Minister of Mines. He also revealed that import of ceramic products will be fully substituted within a few months. The Minister made the remarks during a visit to the Baja Ceramic Factory, currently under construction in Bulga City Administration, North Shewa Zone of the Amhara Region. Habtamu noted that the facility is poised to position Ethiopia as a leading producer of floor and wall tiles in Africa. Financed by two Chinese investors with an outlay of 10 billion Birr, the factory is progressing ahead of schedule. Some 95 percent of the raw materials required for production will be sourced locally, which the Minister described as a golden opportunity for the revitalization of Ethiopia’s construction industry. Habtamu elaborated that the macroeconomic reform has played a pivotal role in boosting Foreign Direct Investment (FDI) within the mining sector, allowing the country to better harness its vast mineral potential. According to the Minister, the Baja Ceramic Factory is expected to commence production after three months. In its initial phase, the plant will produce 35,000 square meters of ceramics in a day. Beyond meeting domestic demand and creating numerous jobs for citizens, the factory is designed to produce a surplus for export. The Minister further said the strategic elevation of the mining sector as a pillar of economic growth is yielding transformative results. He also noted that other large-scale factories currently under construction will soon satisfy the construction industry’s domestic demand for granite and marble products.
Digitalizing Ethiopia's Trading System Bears Fruit, Says Trade and Regional Integration Minister
Jan 3, 2026 983
Addis Ababa, January 3/2026 - The ongoing efforts to digitalize the nation’s trading system are producing concrete results by significantly modernizing how commerce is conducted in Ethiopia, Trade and Regional Integration Minister Kasahun Goffe said. During a field visit to assess the trading system in the capital city today, Kasahun stated that his ministry is playing its role in realizing the objectives of the Digital Ethiopia 2030 strategy. He highlighted that export contracts and licensing processes have been fully transformed into digital system, backed by continuous support and monitoring that ensure a seamless transition for businesses. As a testament to this progress, the Minister cited the transactions for Teff on the Zemen Gebeya platform, jumping over 53 million Birr in just a month. Reaffirming the government’s commitment to scaling the digital transaction, he added that weekend markets will be integrated next into the digital trade framework. Furthermore, Kasahun explained that modernization efforts in the livestock trade have successfully reduced the influence of illegal brokers and intermediaries. By expanding livestock marketing centers and making the system more transparent, the nation has seen a marked increase in revenue from live animal exports, he added. In the first six months of the current 2018 Ethiopian fiscal year, the country has earned over 30 million USD from livestock exports. The Ministry has set an ambitious target to generate 70 million USD from this sector by the end of the current fiscal year.
How the World Gains from Ethiopia’s Access to the Sea
Jan 3, 2026 2177
By Henok Tadele Discussions about Ethiopia’s quest for access to the sea are often framed as a national ambition, or even a regional controversy. Yet this narrow view misses a larger and more important truth. Ethiopia’s access to maritime trade is not only in Ethiopia’s interest. It carries clear economic, security, and stability benefits for the international community as a whole. With a population exceeding 130 million, and one of Africa’s fastest-growing economies, Ethiopia is already a major player in regional markets. Giving this economy a direct and reliable connection to global shipping routes would strengthen trade flows, reduce costs, and contribute to stability in one of the world’s most strategically sensitive regions. Larger, More Efficient Global Market Taking a closer look at Ethiopia, one sees the obvious long imposed hidden cost of a landlocked country on global trade. Goods moving in and out of the country consequently increase transport expenses, delays, and uncertainties. These inefficiencies are ultimately passed on, not just to Ethiopian consumers, but to international buyers and suppliers as well. Improved access to the sea would change this equation. Lower logistics costs would make Ethiopian exports more competitive, benefiting global industries that rely on agricultural products, textiles, and light manufacturing. At the same time, international companies from Europe, the Middle East, and Asia, would gain easier access to one of Africa’s largest consumer markets. In practical terms, Ethiopia’s access to the sea would expand global trade volume, stabilize supply chains, and create new opportunities for investment. This is sound economics. Stronger Global Supply Chains Recent global disruptions from pandemics to regional conflicts have exposed how fragile supply chains can be. Diversification has become a priority for international trade, and Ethiopia’s economy offers exactly that: scale, growth, and untapped potential. By integrating Ethiopia more directly to maritime trade networks, the global economy gains a more resilient supply base. Manufacturers based in Ethiopia would face fewer delays, while shipping routes in the Red Sea and Gulf of Aden benefit from increased coordination and infrastructure development. For the international community, this means fewer bottlenecks and a stronger buffer against future shocks. Improved Maritime Security The Horn of Africa sits astride one of the world’s busiest maritime corridors. Instability in this region does not stay local, it affects global shipping, energy flows, and insurance costs. Ethiopia’s access to the sea, coupled with a responsible maritime presence, would contribute to improved security along these critical routes. Historically, Ethiopia played a role in safeguarding regional trade routes. A renewed commitment to maritime security, focused on cooperation rather than dominance, would help counter piracy, smuggling, and other transnational threats. This benefits not only neighboring countries, but also international shipping companies and trading nations that depend on safe passage through these waters. Seen from this perspective, Ethiopia’s maritime ambitions align with global security interests rather than undermining them. Lower Regional Conflicts One of the international community’s greatest concerns in the Horn of Africa is the risk of escalation of tensions driven by mistrust and zero-sum thinking. Ethiopia’s access to the sea offers opportunity to reverse that pattern. Arrangements such as port access agreements and infrastructure partnerships encourage interdependence rather than rivalry. When trade flows increase and economies become more interconnected, the incentives for conflict diminish. For external actors, whether the United Nations, the European Union, or major trading powers, this kind of regional integration is a long-standing policy goal. Therefore, supporting Ethiopia’s quest for access to the sea is also an investment in conflict prevention. Global Ripple Effect of Ethiopia's Access to the Sea In sum, Ethiopia’s aspirations are often misunderstood as destabilizing. In reality, a prosperous, connected Ethiopia is more likely to act as an anchor of stability than a source of tension. The country has repeatedly demonstrated its willingness to shoulder responsibility for regional peace, even at significant cost. For the international community, the choice is clear. Engaging constructively with Ethiopia’s maritime aspirations can unlock economic growth, strengthen trade networks, and enhance security along vital global routes. Ignoring or obstructing these efforts risks perpetuating inefficiencies and instability that harm everyone. By enabling one of Africa’s largest economies to fully participate in maritime trade, on the other hand, the world gains a stronger market, more resilient supply chains, and a more stable Horn of Africa. This is a moment for foresight rather than fear, cooperation rather than confrontation. When Ethiopia reaches the sea, the benefits will not stop at its shores. They will ripple outward, touching global trade, security, and shared prosperity.
Jimma Coffee Productivity Surge Draws Growing Tourism Interest
Jan 3, 2026 770
Addis Ababa, January 3, 2026 _The steady rise in coffee productivity in Jimma Zone of Oromia Regional State is increasingly contributing to tourism inflow, local officials said. This remark came as Ethiopia records historic gains in coffee production and export earnings under nationwide sector reforms that are reshaping both agriculture and tourism. The Jimma Zone Agriculture Bureau said improved coffee development practices are strengthening farmers’ livelihoods while attracting visitors eager to experience Ethiopia’s coffee heritage firsthand. The development in Jimma comes as the federal government intensifies efforts to modernize coffee production, improve quality and link coffee with tourism as part of the country’s broader economic and cultural promotion strategy. The trend coincides with a Coffee Tourism media familiarization tour organized by the Ministry of Tourism, which this week continued field visits to coffee growing areas in Shasha Kebele of Goma Woreda. The initiative is part of a national push to position Ethiopia’s coffee origins as tourism destinations alongside export growth. Speaking during the visit, Deputy Head of the Jimma Zone Agriculture Bureau Abdi Mohamed Nour said coffee remains central to community life and economic activity. “Coffee is not only a livelihood but also part of the identity and daily life of the people of Jimma,” he said. “Our focus on quality and productivity is benefiting farmers and at the same time opening the door for coffee tourism,” Abdi said, adding that intensified coffee development activities are underway across the zone, with careful management from harvesting through processing to export. According to him, farmers are being supplied with improved and proven seedlings, while modern production and post-harvest handling practices are expanding to boost both yield and quality. “These efforts are directly supporting the growth of coffee tourism,” he added. “Visitors want to see coffee farms, observe processing methods and engage with the culture that surrounds coffee. This adds a unique economic value beyond exports.” Experts from the Jimma Zone Agriculture Office say higher productivity is already translating into better market access. Mohamed Sefa Kedir, a senior expert at the office, said farmers are benefiting from export market opportunities as production increases. “When productivity rises, farmers gain more income and stronger linkages to the export market,” he said. Nationally, Ethiopia’s coffee sector continues to post strong results, supported by reforms led by the Ethiopian Coffee and Tea Authority. On January 1, 2026, the authority said sustained work to improve productivity and quality is delivering tangible gains in production, exports and foreign exchange earnings. Deputy Director General of the authority Shafi Omar told ENA that extensive efforts have been made in recent years to raise output. “Replacing old coffee trees with improved varieties, expanding modern technologies and planting seedlings under the Green Legacy Program have significantly improved output,” he emphasized. According to official data, Ethiopia earned 1.6 billion dollars from coffee exports in the first five months of the 2025/26 fiscal year and plans to generate more than 3 billion dollars by exporting about 600,000 tons of coffee during the full year. Ethiopia exported to major destinations include Germany, Saudi Arabia and Belgium, while specialty and origin specific Ethiopian coffee continues to attract strong demand in Europe, Asia and North America. Coffee is grown across several regions of the country, Oromia Southern Ethiopia, Sidama and Southwest Ethiopia regions. Major producing areas include Jimma, Illubabor, Guji, West Wollega and East Wollega in Oromia, Sidama and Gedeo in the south, Bench Sheko, Kaffa and Sheka in the southwest, as well as Bale and Borena zones. These diverse origins are internationally known for distinct flavor profiles and traditional production systems. Regional efforts mirror the national push. In Bale Zone, Agriculture Office Deputy Head Muawiya Fuad said targeted interventions have improved both quality and quantity. Coffee is grown on more than 68,000 hectares in the zone, with over 407,400 quintals harvested, representing 93 percent of the target. The zone plans to supply 15,000 tons of coffee to the central market. More than 600,000 square meters of coffee drying wire beds have been prepared across Bale Zone by private investors and institutions to enhance quality, while farmers receive regular training on production and post-harvest handling. Prime Minister Abiy Ahmed recently told the House of People’s Representatives that national coffee production has risen sharply from 4.5 million to 11.5 million quintals. Despite growing domestic consumption, exports generated about 2.5 billion dollars last fiscal year, compared with around 700 million dollars in the early years of economic reform. As productivity, quality and export performance continue to improve nationwide, officials say coffee tourism is emerging as a complementary opportunity, particularly in historic coffee growing areas such as Jimma. “The combined impact of higher production, strong exports and growing tourism interest shows that coffee remains central to Ethiopia’s economy and its global image,” Abdi Mohamed Nour said.
Ethiopia Accelerates Industrial Development to Drive Jobs, Local Manufacturing
Jan 3, 2026 1454
Addis Ababa, January 3,2026 _Industrial development in Ethiopia is accelerating job creation and strengthening local manufacturing as part of a broader push toward economic transformation, according to Office of the Prime Minister. Through focused industrialization and import-substitution efforts, the country is reducing reliance on imported goods, saving foreign exchange, and building resilient domestic value chains, office said. Investments in industrial parks, support for local producers, and the promotion of Made-in-Ethiopia products are driving growth, fostering skills and innovation, and creating sustainable value and opportunity right here at home.
Ethiopia Makes Strong Gains in Tea Development Under Green Legacy Program, Says PM Abiy
Jan 2, 2026 1128
Prime Minister Abiy Ahmed announced that Ethiopia’s tea development initiative, implemented as part of the Green Legacy Program, is showing strong progress. In a message shared on his social media channels, the Prime Minister noted that the initial success in tea planting demonstrates the country’s potential to expand the sector. According to the Prime Minister, continued efforts in agro-processing and increased private sector involvement to add value will be crucial, adding if sustained, the initiative is expected to strengthen export earnings while also meeting domestic tea consumption needs. “The tea development initiative, which is part of the Green Legacy program, is being implemented successfully. The promising start observed in planting, if followed through with full agro-processing and supported by private sector participation to add value, will benefit our country through exports in addition to meeting domestic consumption needs,” he noted.
Ethiopia Reaches Agreement in Principle with Bondholders on Restructuring of 2024 Notes
Jan 2, 2026 2042
Addis Ababa, January 2, 2026 (ENA)– Ethiopia's Ministry of Finance announced today that it has reached an agreement in principle with an Ad Hoc Committee of bondholders on the principal financial terms for the restructuring of Ethiopia’s 1 billion USD 6.625 percent Notes due 2024. Between 23 December 2025 and 1 January 2026, Ethiopia held restricted discussions with the Ad Hoc Committee, which represents institutional investors holding more than 45 percent of the outstanding 2024 Notes. The discussions focused on a potential restructuring of the Notes and were supported by advisors on both sides. Ethiopia was advised by White & Case LLP and Lazard, while the Ad Hoc Committee was advised by Weil, Gotshal & Manges (London) LLP and Ankura Sovereign Advisors LLP. The Ministry of Finance confirmed that these discussions resulted in an agreement in principle on the core financial terms of the restructuring. Ethiopia believes the agreed terms are consistent with the objectives of its International Monetary Fund (IMF) programme and comply with the Comparability of Treatment principle applied by its Official Creditor Committee (OCC). The agreed financial terms have been shared with the OCC for its non-objection and with the IMF to ensure alignment with Ethiopia’s long-term debt sustainability framework, according to the ministry. Ethiopia has also committed to continue working constructively and in good faith with the Ad Hoc Committee to finalize the non-financial terms of the new instruments to be issued as part of the restructuring. The agreement in principle remains subject to the completion of these discussions and the receipt of confirmations from both the IMF and the OCC. The Government further confirmed its intention to move swiftly toward implementation of the restructuring through an exchange offer and/or consent solicitation, targeting execution as early as possible in 2026. In its social media post, the Ministry of Finance expressed its appreciation to the Ad Hoc Committee and its advisors for their constructive engagement and cooperation throughout the negotiation process.
Ease of Doing Business in Ethiopia Flourishing: Mohan Group Companies CEO
Jan 2, 2026 981
Addis Ababa, January 2, 2026 (ENA)— Mohan Group Companies Chief Executive Officer, Harsh Kothari, said the ease of doing business in Ethiopia has been flourishing, following the measures taken by the government. The Mohan Group of Companies is a prominent Indian-Ethiopian family business in Ethiopia, leading the fourth generation of the family's legacy in the country's business landscape. Its CEO, Harsh Kothari, told ENA that the ongoing economic reforms is positioning Ethiopia to be a strong competitor in the global trading networks and to show confidence and resilience. The reforms have improved business environment and enhanced attractiveness to investors at the global level. The reforms primarily focus on opening sectors to foreign investment, modernizing finance and trade with e-services, improving forex management, and boosting private sector participation, among others. Kothari noted that Ethiopia’s economic reforms have had many stages, including the reform of the commercial code, the financial reform, the foreign exchange regime change. As a result of the various reforms taken, the ease of doing business, which is crucial in attracting investment, has been flourishing in Ethiopia, he added. Commenting on the recent visit of Prime Minister Narendra Modi to Ethiopia, the CEO said the visit of the Indian leadership to Ethiopia has been very pivotal in further strengthening the relationship between Ethiopia and India. According to him, Prime Minister Abiy Ahmed has also taken strong efforts to ensure that these strong relationships continue and Indian investors feel welcome in Ethiopia. Prime Minister Modi’s visit to Ethiopia is a strong and symbolic message, he said, adding that it gives a message to the business community and investors that have been working together a sense of belongingness. Generally, the economic reform, the market positioning, the African Continental Free Trade Area, and all the endeavors that are taking place in Ethiopia create a very conducive investment environment. The CEO also said that Ethiopia is going to be one of the most competitive and attractive places to do business. Ethiopia's comprehensive Homegrown Economic Reform (HGER) Agenda, initiated in 2019, has led to several significant achievements, particularly in macroeconomic stability, foreign exchange management, and sectoral growth. The reform achievements also include the increase of Foreign Direct Investment (FDI), substantial legal and regulatory reforms, and more conducive business climate.
PM Abiy Underscores Crucial Role of Higher Education in Ethiopia’s Prosperity
Jan 2, 2026 2934
January 2, 2026 (ENA)—Prime Minister Abiy Ahmed emphasized the vital role of higher education institutions in Ethiopia’s path to prosperity, noting that his new book series, “The Medemer State,” underscores this commitment. Speaking on the 75th anniversary of Addis Ababa University, where he also graduated, PM Abiy delivered a guest lecture titled: “The Role of Intellectuals in National Prosperity.” The lecture drew leading academic figures and senior government officials, wrapping up weeks of commemorative events. In his address, the Prime Minister offered a vision of the modern intellectual as a thoughtful agent of societal change, valuing reflection over reaction. “Ideas are the power of change, and intellectuals are agents of change. The change they bring within society leads a country toward prosperity,” he said in a social media post. He urged intellectuals to respect and nurture ideas, think critically, read widely, solve problems, and actively seek solutions. “Today, as Addis Ababa University celebrates its 75th anniversary, I am honored to engage with students and faculty on the role of Ethiopian intellectuals in addressing national challenges,” he added. PM Abiy also highlighted that higher education institutions should integrate teaching, research, and technology to generate innovation with practical applications. “The Medemer State firmly believes that these institutions are indispensable to Ethiopia’s journey toward prosperity, and we are committed to making this vision a reality,” he said. According to the Prime Minister, leveraging the combined capacity of Ethiopia’s universities is key to accelerating the nation’s development and ensuring long-term prosperity.
EEU Leads National Electricity Expansion as Foundation for Digital Ethiopia 2030 Strategy
Jan 2, 2026 1032
January 2, 2026 (ENA)—The Ethiopian Electric Utility (EEU) announced that the strategic initiative to elevate national electricity coverage to 75 percent through the "Compact Program" will serve as a vital cornerstone for the success of the Digital Ethiopia 2030 strategy. Recently, Prime Minister Abiy Ahmed has officially launched the Digital Ethiopia 2030 strategy on December 21, 2025. During the unveiling ceremony, the Prime Minister emphasized that the strategy is designed to expand accessibility, foster equitable opportunities for all citizens, and bolster trust between the public and national institutions. Particularly, Prime Minister Abiy emphasized that the success of Digital Ethiopia 2030 hinges on two key enablers, the foremost being access to electricity, which he described as the lifeblood of digital technology. Highlighting that all digital tools and innovations depend on reliable power, he stressed the urgent need to expand electricity access by every available means. Speaking to Ethiopian News Agency, the Chief Executive Officer of the Ethiopian Electric Utility, Getu Geremew, underscored that reliable energy supply remains the bedrock of the nation's aspirations for growth and prosperity. He remarked that every facet of digital service—ranging from telecommunications and internet connectivity to e-government, banking, and creative innovations, relies fundamentally on a consistent power supply. Current data reveals that electricity access in Ethiopia stands at 63 percent in urban centers and 45 percent in rural areas, resulting in a national aggregate coverage of 54 percent. Getu explained that while various government and foreign-financed projects have bolstered these numbers over recent years, meeting the energy demands of a growing Ethiopia requires a broader perspective and a departure from traditional approaches. To address this, a "Compact Program" has been initiated with the financial backing of the World Bank and the African Development Bank. This ambitious program aims to provide energy access to 300 million people across Sub-Saharan Africa, it was reported. Under this framework, Ethiopia is diligently working to push its national electricity coverage to 75 percent by the year 2030. This expansion is expected to create a seamless foundation for the Digital Ethiopia 2030 strategy, ensuring that the infrastructure required for a digital economy is robust. The CEO reaffirmed the commitment of the Ethiopian Electric Utility to work tirelessly in broadening energy reliability, thereby ensuring every citizen can participate in the digital economy. Furthermore, a comprehensive 25-year master plan study is nearing completion. This roadmap is designed to ensure a sustainable and dependable energy supply that anticipates and meets the future economic demands of the country. The overarching Digital Ethiopia 2030 strategy sets an ambitious target to reach 95 percent energy coverage in urban areas and 90 percent in rural regions.