The new Bishoftu International Airport, under construction about 40 kilometers southeast of Addis Ababa, is set to become one of the world’s largest aviation hubs and a transformative milestone in Ethiopia’s development. Prime Minister Abiy Ahmed reviewed the rapid progress of the project during an early morning site visit today, ENA learned.   Designed to handle up to 110 million passengers annually upon full completion of its master plan, the airport will have a capacity approximately 4.4 times greater than the current Bole International Airport. This represents a transformative milestone in Ethiopia’s aviation development, it was learned. Construction is advancing around the clock, underscoring the strategic importance of a project that is expected to redefine Ethiopia’s role in global air transport. Once operational, the airport will significantly expand passenger and cargo capacity, strengthen regional and international connectivity, and further establish Ethiopia as a key gateway linking Africa with the rest of the world.   As the future hub of Ethiopian Airlines, Africa’s largest and most successful airline— many observers said the airport will support growing demand for air travel and logistics services. The underconstruction airport is also highly anticipated to enhance the country’s competitiveness in the global aviation industry. More than a major infrastructure undertaking, Bishoftu International Airport embodies Ethiopia’s long-term vision for economic transformation, regional integration, and sustainable growth.   The landmark project is set to position the East African nation among the world’s leading aviation centers, reinforcing its status as a strategic crossroads for commerce, investment, and connectivity in the 21st century.

Addis Ababa, June 14, 2026 (ENA) —Some weeks pass quietly through the life of a nation. Others reveal its direction. The week that has just concluded was undoubtedly one of the latter. From Prime Minister Abiy Ahmed's call for accelerated digital transformation and environmental stewardship to the unveiling of Ethiopia's largest-ever federal budget, from significant progress in the National Dialogue process to growing international recognition of Ethiopia's economic reforms, the week reflected a nation steadily advancing toward ambitious goals while navigating complex political and regional realities. At its core, the week was about confidence—confidence in reform, confidence in institutions, and confidence in Ethiopia's future. Building the Future: People, Technology, and the Environment The week opened with two important messages from Prime Minister Abiy Ahmed that captured the essence of Ethiopia's long-term development vision. The first centered on technology and innovation. Celebrating the achievement of five million Ethiopians trained through the Ethiopian Coders Initiative, the Prime Minister highlighted digital transformation as a cornerstone of the country's future.   Beyond the impressive numbers, the initiative reflects Ethiopia's commitment to equipping its young population with the skills needed to compete in an increasingly digital and innovation-driven global economy. The second message focused on environmental sustainability. Prime Minister Abiy announced that more than eight billion seedlings have been prepared for this year's Green Legacy planting season, reinforcing Ethiopia's commitment to environmental restoration and climate resilience. What began as a nationwide tree-planting campaign has evolved into one of Africa's most ambitious environmental initiatives, attracting international attention while helping combat land degradation and climate-related challenges.   Together, these two initiatives illustrate a broader national vision: investing simultaneously in the future of Ethiopia's people and the future of its land. Record Federal Budget Signals Economic Confidence The defining story of the week was the presentation of Ethiopia's draft federal budget for the upcoming fiscal year, the largest in the country's history. Presenting the budget to Parliament, Finance Minister Ahmed Shide described an economy undergoing significant transformation. According to the minister, coordinated macroeconomic reforms have helped sustain robust economic growth while significantly reducing inflation from previous highs. The proposed budget represents more than a financial plan; it serves as a statement of confidence in Ethiopia's reform trajectory. Designed to consolidate recent achievements, the budget prioritizes infrastructure development, social services, productive sectors, and macroeconomic stability. It reflects the government's determination to sustain growth while expanding opportunities for citizens across the country.   At a time when many developing economies continue to grapple with inflationary pressures, debt burdens, and external shocks, Ethiopia's ability to propose a substantially expanded budget while maintaining a focus on economic stability stands out as a noteworthy achievement. Democratic Institutions Continue to Mature The week also brought encouraging developments regarding Ethiopia's democratic evolution. President Taye Atske Selassie emphasized that the peaceful conduct and active participation of citizens in the country's Seventh General Election have strengthened the foundations of democratic governance and nation-state building.   Equally significant was the progress reported by the Ethiopian National Dialogue Commission. Following extensive consultations across the country, preparations for the National Dialogue have entered their final stage, with the nationwide forum scheduled to commence on July 15. For many Ethiopians, the National Dialogue represents one of the most important political initiatives in recent history—a platform designed to address long-standing national questions through dialogue rather than confrontation. The upcoming forum is therefore expected to mark another major milestone in Ethiopia's pursuit of lasting peace, national consensus, and political stability.   Peace and Stability Remain National Priorities Peace and security continued to feature prominently in national discussions throughout the week. In an interview with ENA, former TPLF Chairman Aregawi Berhe argued that the Federal Government's peace initiatives in Tigray region were not reciprocated and were instead exploited by elements within the defunct TPLF leadership to reorganize politically and militarily. Similarly, Professor Kindeya Gebrehiwot, Head of the Cabinet Secretariat of the first Tigray Interim Regional Administration, warned that recent developments pose a serious threat to the region's fragile recovery process. Speaking to ENA, Professor Kindeya asserted that a belligerent faction within the divided TPLF is actively pursuing actions that could drag northern Ethiopia back into conflict. He described the group as a "criminal faction" that unlawfully displaced the Interim Regional Administration and continues to obstruct efforts aimed at implementing the Pretoria Peace Agreement and restoring constitutional order.   According to the professor, the faction has consistently worked to undermine peace implementation and disrupt the post-conflict recovery process in Tigray. Beyond internal peacebuilding efforts, Ethiopia also adopted a new Integrated Border Management Roadmap aimed at strengthening border governance, improving institutional coordination, facilitating legal trade and movement, and addressing security concerns. In an increasingly interconnected region, effective border management is both a security necessity and a development imperative. Sea Access and Regional Cooperation Ethiopia's pursuit of sustainable sea access also remained a subject of significant discussion during the week. Experts and scholars emphasized that sea access should not be viewed as a source of regional tension but rather as an opportunity for enhanced cooperation, trade, and shared prosperity throughout the Horn of Africa. Ethiopia’s sovereign access to the sea would foster economic, political, and security cooperation in the region, Kenea Yadeta, Security Advisor to the Prime Minister with the rank of State Minister told ENA. According to him, Ethiopia’s quest for access to sea is, first and foremost, a matter of sovereignty. He noted that Ethiopia has already securitized the issue of lack of sea access, emphasizing that it holds historical and legal grounds to pursue the route to the sea. “Access to sea, in the Ethiopian context, is fundamentally an issue of sovereignty. And the country in fact has all the historical and legal justification to sovereign access to sea.”   Analysts argued that reliable maritime access would benefit not only Ethiopia but also neighboring countries by expanding economic integration, connectivity, and regional development. These discussions reinforced Ethiopia's consistent position that strategic national interests should be pursued through dialogue, mutual benefit, and peaceful engagement. Investing in Human Development Progress was equally visible in the social sector. A major healthcare partnership between Ethiopia and a leading Indian healthcare group was announced during the week, with the goal of expanding specialized medical services and strengthening the country's healthcare system. The initiative is expected to improve access to advanced treatment while contributing to the broader modernization of healthcare delivery nationwide. Meanwhile, a scholar from Harvard University praised Addis Ababa's early childhood development initiatives and urban corridor projects, offering international recognition of efforts to improve public spaces and enhance quality of life for residents. Across the capital, corridor development projects continue to serve as visible symbols of Ethiopia's urban transformation agenda. A Week Defined by Momentum Viewed individually, each development tells an important story. Together, they reveal something larger. A government preparing the largest budget in its history. Millions of citizens gaining digital skills. An ambitious environmental restoration campaign. Democratic institutions continuing to mature. A National Dialogue approaching a decisive stage. Expanding international partnerships. New healthcare investments. And a growing emphasis on regional integration and economic cooperation. Challenges undoubtedly remain, as they do for every developing nation. Yet the events of the week suggest a country increasingly focused on long-term transformation rather than short-term uncertainty. If there was one theme connecting the week's developments, it was momentum. And for Ethiopia, momentum may be among its most valuable assets as it continues its journey toward prosperity, stability, and national renewal.

Addis Ababa, June 14, 2026 (ENA) —Participants in a diplomatic football event held in Addis Ababa have praised Ethiopia’s cultural heritage, historical legacy and warm hospitality. The tournament, organized in anticipation of the 2026 World Cup, brought together diplomatic football teams and invited guests who later toured key historical and cultural sites in the city. The delegation visited the Ethiopian National Museum, the Adwa Victory Memorial and Addis Sport Park, gaining what many described as a deeper appreciation of Ethiopia’s past and present development. Several participants said the experience reshaped their understanding of the country. Gordon Johnson, one of the participants, expressed admiration for what he witnessed during the visit. “The people are so welcoming and friendly. I love the culture,” he said.   He further stated that: “We had a tour of the museum, and the guide showed us hominid fossils recovered in the ’60s, ’70s, and ’90s that date back millions of years.” Johnson said the experience reflected Ethiopia’s deeper historical significance beyond modern perceptions. Cameroonian guest Loic Kovamo also said the visit challenged her previous perceptions of the country. “I am speechless because I didn’t picture Ethiopia like this. It’s a very developed country, and the people are so proud of who they are,” she said, noting, “I’m going back with a lot of pride as an African because I discovered the incredible courage and bravery of the Ethiopian people.” Mark Hayes, one of the visitors, said his expectations were changed after arriving in Addis Ababa.   “You have a perception before you come, but it’s the complete opposite. It’s an amazing country,” he said, adding, “What we do now is go home and tell stories about how good Ethiopia is. I feel like a proud advocate.” He further noted that he intends to share his experience in the United Kingdom, saying he would “educate others in England about what he had seen in Addis Ababa.” Joseph Kirule, who works with the Food and Agriculture Organization of the United Nations in Addis Ababa, highlighted the importance of the historical sites visited. “Today we saw different milestones in human civilization that originated here,” he said, adding, “Most importantly, we learned about the Adwa victory. That is a massive milestone that raises our prestige as Africans.”

Addis Ababa, June 13, 2026 (ENA) —Ethiopia’s sovereign access to the sea would foster economic, political, and security cooperation in the region, Kenea Yadeta, Security Advisor to the Prime Minister with the rank of State Minister told ENA. According to him, Ethiopia’s quest for access to sea is, first and foremost, a matter of sovereignty. He noted that Ethiopia has already securitized the issue of lack of sea access, emphasizing that it holds historical and legal grounds to pursue the route to the sea. “Access to sea, in the Ethiopian context, is fundamentally an issue of sovereignty. And the country in fact has all the historical and legal justification to sovereign access to sea.” The Advisor added that the issue has increasingly gained domestic acceptability while also becoming more recognized at the international level. The campaign for access to sea has unified Ethiopians, regardless of political affiliation or religious differences, Kenea noted. Ethiopia is an anchoring state in the region, the Advisor said, pointing out that the country has been playing a major role in regional economic growth, integration, security, and stability.   He stressed that the issue of sovereign access to the sea extends beyond internal considerations, contributing to broader regional and neighbor-to-neighbor integration, including Ethiopia’s ties with surrounding countries. “The issue of access to sea has even to go beyond domestic needs, it has a big implication on economic, political and social integration in the region.” Highlighting the interconnected nature of security, Kenea said stability in Ethiopia directly affects neighboring countries; and problems in places such as Somalia and Sudan can also have implications for Ethiopia’s peace and security, reflecting what he described as a security complex. Under this view, Ethiopia supports security cooperation and connectivity, and sovereign sea access to Ethiopia would bring economic, political, and security benefits across the region. The Advisor pointed out that the country’s claim is backed by historical and legal justification as well as a population of over 130 million people; and achieving sovereign access to sea would influence the political, social, and security environment across the region. “If Ethiopia gets sovereign access to sea in one way or another, this will have positive impact on the political, social and security of the Horn of Africa,” Kenea noted. He underscored that Ethiopia’s sovereign presence at the sea would contribute positively to regional peace and security, should the country secure the access it seeks.

Addis Ababa, June 13, 2026 (ENA) —Ethiopia and the United Arab Emirates (UAE) have forged ideal diplomatic relations that transcend generations, Jemal Beker, Ethiopia’s Ambassador to the UAE, said. Since 2018, Ethiopia and the UAE have built a multifaceted, strategic alliance grounded in mutual trust, including solid collaborations in renewable energy and technology. In an exclusive interview with ENA, Ambassador Jemal said Ethiopia is undergoing deep reforms led by the reformist government. He noted that Ethiopia has, in particular, established an ideal diplomatic relationship with the United Arab Emirates after the reformist government led by Prime Minister Abiy Ahmed took office. Commending the strong relationship between the leaders of the two countries, the Ambassador stressed the need for this relationship to further evolve down to the institutions, to the people, and to become intergenerational. With regard to the economy, he noted that Ethiopia has been undertaking a reform that has opened up a new opportunity not only to the United Arab Emirates but also to other foreign businesses working and seeking opportunities in Ethiopia. Noting the strategic location of Ethiopia to the Middle East and the rest of the world, Ambassador Jemal elaborated that “within eight hours of flight, we can reach more than half of the global population. (And) this is an amazing geographical location.” The country is the second most populous nation in the continent, and 70 percent of the young population is easily trainable. Ethiopia provides cheap, clean, and green energy supported by the government's readiness to accommodate and welcome all investors. As a result, the country is becoming a global investment destination, one of the biggest economies in Africa, and the fastest growing economy in the world, he noted. Ethiopia, which has been opening up its economy, is now becoming a global destination, and the country’s business environment is becoming more favorable for investors, the Ambassador pointed out. The country has also made significant strides in ease of doing business and fostering one-stop service as business is booming in Ethiopia, he added. Ambassador Jemal called on investors, including those from the UAE, to invest in Ethiopia in the priority areas: agriculture and agro-processing, manufacturing, mining, and technology. He also encouraged investors to engage in tourism, the hospitality sector, urban development, and real estate. The relationship between Ethiopia and the United Arab Emirates (UAE) has evolved into a comprehensive and strategic partnership anchored in diplomatic solidarity.

Addis Ababa, June 13, 2026 (ENA) —The High-Level Policy Dialogue on strengthening Ethiopia’s border governance concluded on Friday by adopting the roadmap for integrated border management. The Institute of Foreign Affairs, in partnership with GIZ-African Union Border Programme (GIZ-AUBP), hosted the two-day High-Level Policy Dialogue on strengthening Ethiopia’s border governance. Speaking at the policy dialogue, Security Adviser to the Prime Minister with the Rank of State Minister, Kenea Yadeta, said the roadmap for the implementation of improved border governance in Ethiopia is of paramount contribution for evidence based policy making as effective policies cannot be developed in the absence of reliable knowledge and informed analysis.   Borders are not only territorial lines, but spaces where security, development, governance, and mobility intersect—requiring balanced, innovative responses to meet competing demands, he added. According to the Adviser, Ethiopia’s border areas both offer opportunities and present challenges, connecting the country with neighboring states through trade, cultural ties, and people-to-people relations, while also requiring effective governance structures to respond to evolving security conditions. The ongoing assessment on strengthening border governance supports evidence-based improvements in border governance, he added. In this respect, the state minister said consultations and dialogue are crucial in validating findings and helping to develop a practical roadmap for strengthening Ethiopia’s border governance, with the ultimate goal of translating recommendations into implementable action. Institute of Foreign Affairs Executive Officer, Jafar Bedru, emphasized on the outcomes of the researches on strengthening Ethiopia's border governance to ensure that the roadmap reflects realities experienced directly in border communities.   According to him, border governance should not treat border communities primarily as beneficiaries, but as active partners whose participation is essential for sustainable security and development. He noted that restrictive approaches that limit legitimate movement can push trade into informal channels and weaken trust in the state, while effective governance can transform borders into gateways for cooperation and shared prosperity. The Horn of Africa cannot be stabilized only from capitals, but must be made secure from peripheries and frontiers—where early warning and local peacebuilding mechanisms operate, the Executive Officer stressed. Deputy Permanent Observer of Germany to the African Union, David Gudisch said the adopted roadmap will serve as a strategic framework for national implementation. He praised Ethiopia’s evidence-based leadership through the Institute of Foreign Affairs and noted Germany’s long-term support for border governance efforts since 2008, including collaboration involving the African Union and Ethiopia. Gudisch said Germany shares the vision of viewing frontiers not as areas of separation, but as bridges for human security, economic cooperation, and regional prosperity.   He highlighted Germany’s support for enhancing operational capacity on the ground, investing in institutional coordination, and strengthening human capital particularly through efforts connected to water management bodies and cross-border conflict prevention initiatives. The adoption of the roadmap marks the beginning of a new phase, Gudisch said, underscoring that Germany stands ready to support Ethiopia and African Union partners in turning the strategic blueprint into tangible results for peace, security, and prosperity across African borderlands.

By Yordanos D. For generations, Ethiopia's story was shaped by its fertile highlands, vast pastoral landscapes, and rural communities whose livelihoods depended on agriculture. The smallholder farmer was not merely an economic actor but the foundation of social organization, cultural identity, and local governance. Throughout much of the twentieth century and into the early years of the twenty first century, the countryside defined the nation's economy, while cities primarily served as administrative centers and regional marketplaces. Today, however, Ethiopia is undergoing a profound urban transformation. Across the country, expanding road networks, industrial parks, modern housing developments, commercial centers, and large-scale corridor development projects are reshaping both the physical landscape and the economic foundations of society. Cities that once played a limited role in national development have emerged as powerful engines of industrialization, innovation, investment, and economic growth. This transformation is evident not only in Addis Ababa but also in rapidly expanding urban centers such as Hawassa, Adama, Bahir Dar, Dire Dawa, Jimma, Mekelle, and many others. A nation that was once overwhelmingly rural is becoming increasingly urban, driven by demographic change, infrastructure investment, industrial development, and ambitious urban renewal initiatives.   According to the World Bank, Ethiopia was among the least urbanized countries in Africa at the turn of the century. In 2000, only about 14 percent of the population lived in urban areas. By 2010, the urbanization rate remained below 18 percent, significantly lower than the Sub-Saharan African average. This was largely because the country's economy depended heavily on agriculture, which accounted for nearly half of economic output and employed the vast majority of the labor force. For most Ethiopians, agriculture was not simply an economic activity but the foundation of daily life, social structures, and community identity. The Ethiopia of the early 2000s was vastly different from the country that exists today. Urban centers were relatively small, infrastructure was limited, and municipal governments often struggled with inadequate resources and planning capacity. The 2007 Population and Housing Census showed that Addis Ababa had approximately 2.7 million residents. Although it was already the country's largest city, its skyline bore little resemblance to what is seen today. High rise buildings were concentrated in a few commercial districts, while much of the capital consisted of traditional residential compounds, aging public housing, and informal settlements. Secondary cities were even smaller. Hawassa had a population of around 188,000, while Bahir Dar was home to approximately 180,000 residents. Cities such as Adama, Jimma, Dire Dawa, Mekelle, and Jigjiga functioned primarily as administrative centers and agricultural trading hubs. Industrial activity was limited, and urban expansion proceeded gradually. Beneath this seemingly stable landscape, however, powerful demographic and economic forces were beginning to reshape the country. Urbanization accelerated significantly after 2010 as Ethiopia increasingly embraced development as a central pillar of its economic transformation strategy. Policymakers came to view cities as engines of industrialization, job creation, investment attraction, and structural economic change. Large scale investments were directed toward transportation infrastructure, industrial parks, housing programs, electricity generation, telecommunications, and logistics networks. These investments created the conditions for sustained urban growth and economic diversification. The impact has been substantial. Ethiopia's urban population more than doubled between 2010 and the mid 2020s, rising from about 13 million people to more than 26 million. During much of this period, urban population growth exceeded four percent annually, making Ethiopia one of Africa's fastest urbanizing countries. Today, urban centers play an increasingly important role in national economic development. Manufacturing, construction, trade, logistics, financial services, tourism, and technology related activities are becoming increasingly concentrated in cities, generating employment opportunities and attracting investment. No city better illustrates this transformation than Addis Ababa. Studies examining land use changes in the capital reveal dramatic urban expansion over the past three decades. Areas once characterized by farmland, open spaces, and low-density settlements have gradually been transformed into residential neighborhoods, commercial districts, industrial zones, and transportation corridors. The eastern and northeastern parts of the city, including Bole, Yeka, Ayat, Summit, and Lemi Kura, have experienced particularly rapid growth. New housing developments, commercial centers, public infrastructure projects, and transportation networks have expanded the city's footprint well beyond its historical boundaries. At the same time, secondary cities have undergone remarkable transformation. Hawassa has emerged as a major industrial and investment destination, supported by one of the country's most successful industrial parks. Adama has strengthened its position as a logistics and commercial hub, while Dire Dawa has expanded its role as a gateway for trade and transportation. Bahir Dar, meanwhile, has leveraged tourism, education, and commerce to drive urban growth and attract investment. The nationwide Corridor Development Program provides perhaps the clearest illustration of Ethiopia's urban transformation. While urbanization has been driven by population growth, industrialization, and infrastructure investment, corridor development has become the framework through which these changes are reshaping cities. Over the past few years, Ethiopia has increasingly embraced corridor based development as a strategic tool to modernize urban centers, improve transportation networks, stimulate economic activity, and enhance the quality of life of urban residents. What began as an urban renewal initiative in Addis Ababa has evolved into one of Africa's most extensive city transformation programs, expanding to more than 120 cities and towns across the country. The concept operates at two levels. The first involves transport and trade corridors that connect Ethiopia to regional and global markets. The second encompasses urban transformation corridors designed to modernize cities, improve mobility, create green public spaces, and stimulate local economic activity. As one of the world's largest landlocked nations, Ethiopia has prioritized the development of strategic transport corridors to strengthen access to international markets. The Ethio Djibouti Corridor remains the backbone of the country's trade, supported by the Addis Ababa Djibouti Railway and an extensive highway network linking Ethiopia's economic centers to the Port of Djibouti. At the same time, Ethiopia has pursued alternative trade routes through the Berbera Corridor and the Lamu Port South Sudan Ethiopia Transport Corridor. These initiatives are intended to diversify market access, strengthen resilience, improve regional integration, and reduce dependence on a single maritime outlet. Within Ethiopia's cities, however, corridor development has become one of the most visible symbols of modernization and urban renewal. Addis Ababa serves as the flagship of the program. Major corridors, including Torhayloch Mexico, Piassa, Arat Kilo, Megenagna, Kazanchis, Bole, Sar Bet, and Merkato, have undergone extensive redevelopment. Roads have been widened, intersections redesigned, utility infrastructure upgraded, and pedestrian facilities significantly improved. The transformation extends far beyond transportation. Public plazas, landscaped green spaces, cycling lanes, recreational facilities, riverfront developments, and modern lighting systems have created more attractive, accessible, and functional urban environments. The integration of green spaces into urban planning has also strengthened environmental sustainability while enhancing the city's overall livability. The initiative has expanded beyond the capital. Major regional cities, including Adama, Bishoftu, Hawassa, Dire Dawa, Bahir Dar, Gondar, Jimma, Dessie, Kombolcha, Jigjiga, Harar, Mekelle, Semera, Assosa, Nekemte, Shashemene, Arba Minch, Wolaita Sodo, Debre Birhan, Debre Markos, Dilla, and Hosaena, have launched corridor development projects. These projects are improving mobility, modernizing public infrastructure, enhancing tourism destinations, strengthening industrial zones, and creating new opportunities for investment and employment. In many cities, corridor development is transforming previously congested urban centers into vibrant economic and social spaces. Beyond their aesthetic appeal, these corridors are increasingly serving as engines of economic growth. The Addis Ababa Bishoftu Corridor, stretching through key industrial centers such as Dukem and Gelan, has attracted substantial domestic and foreign investment. Manufacturing facilities, logistics centers, industrial parks, and residential developments have emerged along the corridor, transforming formerly rural areas into dynamic economic zones. Similar development patterns are emerging around Hawassa Industrial Park, Dire Dawa Industrial Park, Kombolcha Industrial Park, and other manufacturing centers across the country. Improved infrastructure and connectivity have enhanced productivity, attracted investors, and created thousands of jobs. In many respects, corridor development represents the physical manifestation of Ethiopia's broader urban transformation. It brings together transportation, housing, commerce, industry, environmental sustainability, and public services within a comprehensive development framework. More importantly, it demonstrates how strategic urban planning can transform cities from congested administrative centers into dynamic hubs of economic activity and improved quality of life. In conclusion, Ethiopia's urban transformation represents one of the most significant socioeconomic shifts in the country's modern history. A nation once defined primarily by its rural character is steadily evolving into an increasingly urbanized and interconnected economy, driven by infrastructure investment, industrialization, and strategic urban planning.   The nationwide Corridor Development Program has become a defining feature of this transition, modernizing cities, improving connectivity, and creating new opportunities for economic growth and social development. As cities continue to expand and new urban centers emerge, the challenge will be to ensure that this growth remains inclusive, sustainable, and responsive to the needs of a rapidly changing population. If successfully managed, Ethiopia's ongoing urban transformation has the potential to create competitive cities, stronger regional economies, and a more prosperous future, positioning the country as one of Africa's leading examples of urban led development in the twenty first century.

Addis Ababa, June 11, 2026 (ENA) —The 2.339-trillion Birr federal government draft budget for the upcoming 2019 Ethiopian fiscal year aims at maintaining the achievements registered through the comprehensive economic reforms, Finance Minister Ahmed Shide said today. The House of People's Representatives (HPR) has referred the draft budget to the Plan, Budget, and Finance Affairs Standing Committee for further review. The proposed federal budget is expected to support continued investments in infrastructure, agriculture, industrial development, and social services while preserving the government’s commitment to macroeconomic stability. On Tuesday, the Council of Ministers passed a record-breaking over 2.3 trillion birr draft federal budget for the upcoming 2019 Ethiopian fiscal year (2026/27). The draft Federal Government Budget has been prepared based on the goals set in the fiscal year's Development and Investment Plan, which is part of the Ten-Year Development Plan, it was learned. Presenting the draft budget to the House of People’s Representatives during its 25th regular session, Finance Minister Ahmed Shide stressed that it is aimed at maintaining the achievements registered through the economic reforms. According to him, preparation of the draft budget took into consideration the macroeconomic and other development plans as the country’s economy is expected to grow by 10.1 percent for the upcoming EFY.   Stating that the implementations of the country's Homegrown Economic Reform and the Ten-Year Development Plan have been successful, Ahmed said Ethiopia’s economy has registered significant achievements, effectively withstanding the internal and external pressures. The Minister revealed that more than 1.2 trillion Birr out of the 2.339 trillion Birr is allocated for recurrent expenditure, 568.2 billion Birr for capital expenditure, 520.6 billion Birr for regional states support, and 14 billion Birr for regional states SDGs. From the total budget, 52.9 percent is alloted to recurrent expenditures, including for domestic and foreign debt repayment, fertilizer, and petroleum subsidy, among others.   Ethiopia achieved an average annual economic growth rate of 6.8 percent between the 2018/19 and 2023/24 fiscal years, before registering a remarkable 9.2 percent expansion in the 2024/25 fiscal year. Driven by the country’s comprehensive economic reforms, Ethiopia’s economy is expected to register 10.2 percent growth by the end of this Ethiopian fiscal year. Ethiopia’s coordinated monetary and fiscal reforms are delivering strong economic results, helping position the country among the world’s fastest-growing economies.

Addis Ababa, June 11, 2026 (ENA) —United Nations Deputy Secretary-General Amina Mohammed has called on Africa to move “from policy design to delivery of scale” and from “promising pilots to measurable impact.” In her message at the Africa Development Impact Forum (ADIF) in Addis Ababa today, she said that while the African continent is rich in ideas and strategies on what works, the central challenge is implementation. According to Agenda 2063, the Sustainable Development Goals, and the Pact for the Future require more than commitments. The Deputy Secretary-General emphasized that strategies must be matched with delivery if they are to improve people’s daily lives.   Moreover, Mohammed pointed out the urgency of delivering opportunities for Africa’s young people, describing youth as the continent’s greatest asset while calling for investment in sustainable, inclusive, and decent work. She also pointed to the need for exploiting the potential of digital transformation to expand access to services, open new markets, and increase productivity. Noting that successful models already exist across sectors such as agriculture, manufacturing, services, the digital economy, green jobs, creative industries, and micro, small, and medium-sized enterprises, the Deputy Secretary-General said too often these efforts remain fragmented, are not replicated, and fail to evolve from pilots into long-term transformation.   She urged governments to lead with vision, the private sector to drive innovation and investment, development partners to align behind regional and national priorities, researchers and think tanks to keep policy evidence-based, and young innovators to be central to designing future solutions. On his part, UN Economic Commission for Africa Executive Secretary, Claver Gatete, said Africa’s future will increasingly hinge on its ability to mobilize domestic resources, attract investment, build competitive industries, and generate sustainable employment for its rapidly growing population. The Executive Secretary noted that artificial intelligence is reshaping industries and labor markets, while declining development assistance and tighter financing conditions mean governments can no longer assume the scale of support relied upon in previous years. For him, the challenge is substantial but the opportunity is equally significant because Africa’s most important strategic asset is its people.   More than 60 percent of Africans are under the age of 25, making the continent the youngest globally; and that by 2035 Africa is expected to have the world’s largest workforce. Gatete, however, cautioned that demographic advantage will not automatically translate into prosperity. More than 15 million young Africans enter the labor market each year seeking opportunity, while ILO data show that 53 million young people were not in employment, education, or training in 2023, he added. According to him, many of those who do find work remain concentrated in informal and low-productivity jobs. Yet, Africa has key ingredients for economic transformation, including entrepreneurial talent, renewable energy resources, critical minerals vital to the global energy transition, expanding digital ecosystems, growing urban markets, and opportunities created by the African Continental Free Trade Area (AfCFTA).   The Executive Secretary says he believes AfCFTA could raise intra-African trade by up to 45 percent by 2045. This would open avenues for industrialization, regional value chains, and millions of jobs. Gatete thus underscored the need for leveraging AfCFTA to develop regional value chains and expand markets, and strengthening implementation capacity and accountability to ensure policies produce measurable results. He further outlined the priorities to strengthen inclusive and job-rich growth, including investing in skills and capabilities aligned with a changing economy, shifting focus from start-ups to scaling enterprises that grow, innovate, compete, and create jobs, and accelerating industrialization and value addition.

Addis Ababa, June 11, 2026 (ENA) —Ethiopia’s coordinated monetary and fiscal reforms are delivering strong economic results, helping position the country among the world’s fastest-growing economies while significantly reducing inflation, Finance Minister Ahmed Shide told lawmakers on Thursday. Presenting the federal government’s draft budget to the House of People’s Representatives during its 25th regular session, Ahmed said the alignment of fiscal and monetary policies under Ethiopia’s Homegrown Economic Reform Agenda has strengthened macroeconomic stability, accelerated growth, and enhanced the country’s resilience to both domestic and external shocks. According to the minister, Ethiopia achieved an average annual economic growth rate of 6.8 percent between the 2018/19 and 2023/24 fiscal years, before registering a remarkable 9.2 percent expansion in the 2024/25 fiscal year.   Despite ongoing geopolitical tensions and economic uncertainties affecting global markets, particularly in the Middle East, Ethiopia’s economy is projected to grow by 10.2 percent during the current fiscal year, further highlighting the country’s rising economic momentum. “Ethiopia’s growth story is increasingly distinguished by its ability to sustain strong economic expansion while simultaneously reducing inflationary pressures,” Ahmed told Parliament. The minister attributed the achievement to disciplined macroeconomic management, including close coordination between fiscal and monetary authorities, targeted supply-side interventions, and structural reforms designed to boost domestic productivity. A central pillar of the government’s reform strategy has been tighter control of money supply growth.   Ethiopia has also ended the long-standing practice of financing federal budget deficits through direct central bank advances, a move widely regarded as critical to restoring macroeconomic stability and strengthening fiscal discipline. As a result, inflation has fallen dramatically from a peak of 34.5 percent in August 2021 to 9.4 percent by March 2025. This marks one of the most significant declines in the country’s recent economic history, it was learned. The Finance Minister noted that increased agricultural output, improved livestock supply chains, and expanded urban farming initiatives have boosted food availability and helped ease cost-of-living pressures. These measures, alongside market stabilization efforts and foreign-exchange reforms, have contributed to sustained moderation in both food and non-food prices. Recent data from the Ethiopian Statistics Service points to continued stabilization in consumer prices, reinforcing confidence in the government’s broader economic management framework.   The finance minister further emphasized that Ethiopia’s economic transformation is being guided by the nation’s Ten-Year Development Plan, which aims to build a more productive, resilient, and competitive economy capable of delivering inclusive and sustainable growth. Economists view Ethiopia’s recent performance as particularly noteworthy at a time when many emerging economies continue to grapple with high inflation, debt burdens, and slowing growth. The combination of robust economic expansion and declining inflation has strengthened confidence in the country’s reform trajectory and reinforced its standing as one of Africa’s leading growth engines. The proposed federal budget is expected to support continued investments in infrastructure, agriculture, industrial development, and social services while preserving the government’s commitment to macroeconomic stability and fiscal responsibility. As Ethiopia advances its reform agenda, policymakers say the country is laying the groundwork for sustained growth, increased investment attraction, and long-term prosperity in one of Africa’s largest and most dynamic economies.

Addis Ababa, June 11, 2026 (ENA) —Africa’s future will increasingly hinge on its ability to mobilize domestic resources, attract investment, build competitive industries, and generate sustainable employment for its rapidly growing population, the Executive Secretary of the UN Economic Commission for Africa (ECA), Claver Gatete, said. Speaking at the Africa Development Impact Forum (ADIF) in Addis Ababa, Gatete noted that the meeting comes as the continent faces major global upheaval, including climate shocks, geopolitical fragmentation and conflicts, rising debt risks, supply chain disruptions, and rapid technological change. He observed that artificial intelligence is reshaping industries and labor markets, while declining development assistance and tighter financing conditions mean governments can no longer assume the scale of support relied upon in previous years. Gatete acknowledged that the challenge is substantial, but the opportunity is equally significant because Africa’s most important strategic asset is its people. He stated that more than 60 percent of Africans are under the age of 25, making the continent the youngest globally, and that by 2035, Africa is expected to have the world’s largest workforce. However, he cautioned that this demographic advantage will not automatically translate into prosperity. Gatete warned that more than 15 million young Africans enter the labor market each year seeking opportunities, while ILO data show that 53 million young people were not in employment, education, or training in 2023. He added that many of those who do find work remain concentrated in informal and low-productivity jobs. Gatete mentioned that Africa has key ingredients for economic transformation, including entrepreneurial talent, renewable energy resources, critical minerals vital to the global energy transition, expanding digital ecosystems, growing urban markets, and opportunities created by the African Continental Free Trade Area (AfCFTA). He noted that AfCFTA—covering a market of 1.5 billion people with a combined GDP exceeding USD 3.4 trillion—could raise intra-African trade by up to 45 percent by 2045. Gatete said this would open avenues for industrialization, regional value chains, and millions of jobs. He argued that while successful solutions exist across the continent, they often remain isolated pilot projects or fail to translate into implemented policies. Gatete outlined five priorities to strengthen inclusive, job-rich growth: investing in skills and capabilities aligned with a changing economy; shifting focus from start-ups to scaling enterprises that grow, innovate, compete, and create jobs; accelerating industrialization and value addition; leveraging AfCFTA to develop regional value chains and expand markets; and strengthening implementation capacity and accountability to ensure policies produce measurable results. In her video message, United Nations Deputy Secretary-General Amina J. Mohammed noted that while the continent is rich in ideas and strategies on what works, the central challenge is implementation—moving “from policy design to delivery at scale” and from “promising pilots to measurable impact.” Citing Agenda 2063, the Sustainable Development Goals, and the Pact for the Future, she emphasized that strategies must be matched with delivery to improve people’s daily lives. The Deputy Secretary-General also stressed the urgency of delivering opportunities for Africa’s young people, describing youth as the continent’s “greatest asset” while calling for investment in sustainable, inclusive, decent work. She stated that job creation should enable livelihoods, expand opportunities, and allow young women and men to shape their societies. She pointed to the potential of digital transformation—including digital public infrastructure, innovation ecosystems, artificial intelligence, fintech, and e-commerce—to expand access to services, open new markets, increase productivity, and create pathways to decent work. On her part, Head for Youth, Employment and Skills Program at the African Centre for Economic Transformation (ACET), Mona Iddrisu, said ADIF is aimed at an economically transformed Africa driven by inclusive growth, competitiveness, and sustainable development. Iddrisu said ACET’s mission is to support African governments and institutions with evidence, policy solutions, and partnerships that accelerate economic transformation and improve livelihoods. She emphasized that evidence alone does not create change, adding that it must be translated into policies, partnerships, and actions that are implementable and scalable.

Addis Ababa, June 11, 2026 (ENA) —Prime Minister Abiy Ahmed has congratulated Ethiopians on the successful achievement of the 5 Million Ethiopian Coders Initiative milestone, describing it as a testament to the country's determination, talent, and digital potential. In a social media post shared today, the Prime Minister announced that Ethiopia has surpassed its target ahead of schedule, recording 5,005,146 enrollments in Programming, Data Analysis, Android Development, and Artificial Intelligence fundamentals since the initiative was launched on July 23, 2024. "What we set out to achieve in three years, we have accomplished in less than two," Prime Minister Abiy stated, attributing the achievement to the commitment and limitless potential of the Ethiopian people. The Prime Minister emphasized that the milestone marks not the end of the journey, but the beginning of a new phase of ambition. PM Abiy further noted that Ethiopia is now aiming to reach 7 million enrollments by August 2026, further accelerating the country's digital transformation agenda. Calling on young Ethiopians to seize the opportunity, he urged students to use their summer break to acquire valuable digital skills through the program's free training courses. "Register, learn, and return to your classrooms not just as students, but as certified digital leaders," the Premier said, highlighting that participants receive internationally recognized certification upon completion. The 5 Million Ethiopian Coders Initiative is one of the country's flagship digital capacity-building programs, designed to equip millions of citizens with skills needed to compete in the global digital economy and contribute to Ethiopia's technological advancement. "The future you build starts today," the Prime Minister concluded.

By staff writer There are moments in the life of nations when numbers tell a story far greater than economics. They become symbols of confidence, ambition, and national direction. The Ethiopian Council of Ministers' approval of a draft federal budget equivalent to 14.51 billion USD for the upcoming Ethiopian fiscal year, up from 11.98 billion USD in the previous fiscal year, is one such moment. The increase is not merely an accounting exercise. It is a reflection of a country determined to accelerate its transformation despite the formidable challenges it has faced in recent years. At a time when many developing economies continue to struggle with debt pressures, geopolitical uncertainty, climate shocks, and post-pandemic recovery, Ethiopia is positioning itself for a projected economic growth rate of more than ten percent, signaling confidence in the future. The message emerging from Addis Ababa is increasingly clear: Ethiopia is no longer merely a country with potential; it is becoming a country determined to realize that potential. The Giant at the Heart of Africa Throughout history, Ethiopia has occupied a unique place on the African continent. Home to one of Africa's oldest civilizations, the headquarters of the African Union, and a population exceeding 130 million, Ethiopia has long been recognized as a strategic pillar of the continent. Yet the country's significance extends beyond its size. The stability of Ethiopia affects the stability of the Horn of Africa. Its prosperity influences the prosperity of neighboring economies. Its infrastructure projects connect markets across borders. Its diplomatic engagement shapes regional cooperation. For decades, analysts have argued that no sustainable peace or economic integration project in the Horn can succeed without Ethiopia playing a central role. Today, that assessment appears more relevant than ever. A strong Ethiopia does not merely benefit Ethiopians. It creates opportunities for investors, traders, transport corridors, energy cooperation, and regional integration across East Africa and beyond. Democracy's Gradual Consolidation Political development, like economic development, is rarely linear. What matters is direction. Recent electoral processes have demonstrated an evolving democratic culture that continues to attract attention from international observers and partners. While challenges remain—as they do in all developing democracies—the growing participation of citizens, institutional strengthening, and the peaceful conduct of electoral exercises have been acknowledged by numerous international partners.   The significance lies not in claiming perfection but in recognizing progress. Countries are not judged solely by where they stand today but by the trajectory they are following. And Ethiopia's trajectory increasingly points toward stronger institutions, expanding civic participation, and greater political stability. The Spirit of Adwa Lives On No discussion about Ethiopia's future can be separated from its history. The Battle of Adwa remains one of the most consequential events in African history. It was not simply a military victory. It was a declaration that Africans could defend their sovereignty and determine their own destiny. The descendants of Adwa continue to carry that legacy. The same spirit that defended independence now drives the country's developmental ambitions. Today, the battlefield is different. It is fought through infrastructure, technology, industrialization, education, agricultural productivity, and economic competitiveness.   Nations no longer rise through military victories alone. They rise through innovation, productivity, and strategic vision. Ethiopia's challenge is therefore not merely to remember Adwa, but to translate its spirit into twenty-first century success. Security as a Foundation for Development History demonstrates that economic transformation requires security. Over the years, Ethiopia has maintained one of Africa's most capable defense establishments and has played a major role in peacekeeping and regional stabilization efforts. Ethiopian forces have contributed significantly to regional security missions and counter-terrorism efforts across the Horn of Africa. The importance of this cannot be overstated. Investors seek stability. Businesses seek predictability. Economic growth flourishes where peace is protected. A stable and secure Ethiopia remains one of the strongest guarantees for peace and development across the wider region. The Economy's New Engines Perhaps the most exciting story emerging from Ethiopia today is the diversification of its economy. Agriculture remains a cornerstone of national development, but new engines of growth are beginning to emerge. Ethiopia has become Africa's leading wheat producer, demonstrating that strategic investment and policy reforms can dramatically improve food security and reduce import dependence. Beneath Ethiopia's mountains, valleys, and vast plains lies another story of promise. Gold is increasingly flowing from the earth into national coffers, strengthening export earnings and signaling the emergence of a more diversified economy. Deep below the soil, natural gas resources await fuller development, offering the prospect of powering industries, generating foreign exchange, and supporting a new phase of economic transformation. What was once considered potential is gradually becoming production; what was once a dream is steadily moving toward reality.   Combined with ambitious fertilizer projects, expanding agricultural productivity, and ongoing economic reforms, these developments suggest that Ethiopia's future prosperity will not rest on a single pillar. Wheat fields, gold mines, energy projects, industrial parks, digital innovation, and a young workforce are together creating multiple engines of growth. For investors and partners looking toward the future, the message is increasingly clear: Ethiopia is not building merely for the next fiscal year—it is building for the next generation. Exports have shown encouraging momentum across multiple sectors, while macroeconomic reforms are creating a more competitive environment for investment. The government's economic reform agenda has sought to address longstanding structural challenges while laying the foundation for sustained growth. No transformation occurs overnight. But the trend line increasingly points upward. Building a Modern Economy The Ethiopia of tomorrow will not be defined solely by what it grows. It will be defined by what it produces, innovates, and exports. Artificial intelligence, digital services, manufacturing, logistics, renewable energy, and value-added agriculture all represent sectors with enormous potential. The country's youthful population—one of the largest labor forces in Africa—could become one of its greatest strategic advantages if matched with skills, technology, and investment. Global investors searching for the next major growth story would be wise to pay attention. The economic center of gravity is gradually shifting toward emerging markets with large populations, growing consumer demand, and untapped productive capacity. Ethiopia possesses all three. Why the World Should Work With Ethiopia? Too often, international discussions about Africa focus on challenges while overlooking opportunities. Yet successful investors and strategic partners understand a simple principle: the greatest opportunities frequently emerge where transformation is underway. Ethiopia represents one of the largest emerging opportunities on the African continent. Its population provides scale. Its location provides connectivity. Its resources provide potential. Its reforms provide momentum. Its history provides resilience. Its future provides promise. No serious discussion about Africa's economic future can exclude Ethiopia. The Road to the Top Predicting that any country will become Africa's number one economy within a decade is ultimately a matter of aspiration rather than certainty. Many variables will shape the future. Yet one fact is difficult to ignore. Few African countries combine Ethiopia's population size, strategic location, agricultural capacity, infrastructure investments, reform momentum, and untapped natural resources. The ingredients for extraordinary growth are present. The task ahead is execution. If current reforms continue, if peace and stability are consolidated, if productivity continues to rise, and if investment flows into strategic sectors, Ethiopia's economic ascent could become one of the defining African stories of the twenty-first century. The budget approved this week may therefore represent more than a fiscal document. It may be another marker on the long journey of a nation determined to transform its immense potential into tangible prosperity. For Ethiopia, the future is not guaranteed. But it is increasingly visible. And for the region, a strong Ethiopia remains one of the surest foundations upon which lasting peace, shared prosperity, and African renaissance can be built. This version keeps the patriotic and strategic framing while avoiding categorical claims such as "Ethiopia will definitely be Africa's No. 1 economy in ten years," which would weaken credibility. Instead, it argues that Ethiopia possesses many of the conditions that could make such an outcome possible.

Addis Ababa, June 9, 2026 —Ethiopia is embracing its hopes and moving steadily toward a brighter future, Deputy Prime Minister Temesgen Tiruneh said during the inauguration of a series of development projects in Woldia City. Temesgen underscored the country's determination to sustain its development momentum despite ongoing challenges. The Deputy Prime Minister made the remarks while officially inaugurating several projects completed in Woldia city in Amhara region, describing them as clear evidence of Ethiopia's continued progress and transformation.   Speaking at the event, Temesgen said the newly completed projects reflect the nation's forward march and demonstrate that no force can derail Ethiopia's pursuit of growth, prosperity, and modernization. He praised the people of Woldia for their commitment to peace and stability, describing them as a community that consistently rejects extremism and division in favor of unity, development, and strong state institutions. The Deputy PM stressed that the government's struggle extends beyond confronting armed groups in specific areas.   Rather, he said, it is a broader effort against forces that seek to perpetuate division, poverty, and stagnation. He further revealed that those clinging to outdated mindsets have failed to recognize the scale and pace of Ethiopia's ongoing transformation. The Deputy Prime Minister noted that insurgents operating in remote areas are unable to witness the sweeping changes taking place across the country, pointing to flagship national initiatives such as the Corridor Development Program, the Lemat Trufat (Bounty of the Basket) agricultural initiative, Dine for Ethiopia projects, and the country's wheat production drive.   He emphasized that the Corridor Development Program is far more than an urban beautification effort, describing it as a strategic initiative aimed at modernizing cities, improving living standards, and enhancing economic competitiveness. Ethiopian cities, he said, should aspire to compete with leading urban centers across East Africa and beyond. Temesgen also highlighted the nationwide expansion of the Mesob One-Stop Service initiative, noting that it is helping modernize public service delivery and improve efficiency and accessibility for citizens. Referring to the newly established public library, digital library, and science cafés in Woldia, he said the facilities will help nurture a knowledge-driven generation by promoting research, innovation, and critical thinking. He added that newly built market centers and commercial facilities will strengthen local economic activity and create greater opportunities for businesses and entrepreneurs.   Underscoring the importance of food security, the Deputy Prime Minister called for the further expansion of the Bounty of the Basket initiative to accelerate Ethiopia's drive toward sustainable food self-sufficiency. Reaffirming the country's commitment to development, Temesgen said Ethiopia will continue "shedding its debts and embracing its hopes," stressing that no coalition of adversaries can obstruct the nation's progress. He also called on government institutions, investors, and the public to work in close partnership to expand ongoing development initiatives and extend their benefits to rural communities, thereby accelerating Ethiopia's journey toward inclusive growth and lasting prosperity.

Addis Ababa, June 9, 2026 — Corridor development projects are being carried out in 43 cities and towns of the Amhara Region, according to officials of the region. This was disclosed during the visit of Amhara region senior officials in Woldia city last night. The Amhara Regional State Urban Sector Coordinator with the rank of Deputy Chief Administrator, Ahmedin Mohammed, said the corridor development project has increased the strategic value of Woldia City as it connects with many cities. He pointed out the upgrading of previously narrow roads and congested areas by wide bridges and spacious entertainment and commercial areas in the city.   Corridor development is a matter of generation and nation building beyond beauty, Ahmedin stressed, adding that the renewal project is intergenerational as the children who are walking on these roads today will take over the country tomorrow. According to him, the other cities in the region should learn from the creative and resource-saving experience of Woldia. Amhara Regional State Urban and Infrastructure Development Bureau Head, Molla Melkamu, said corridor development projects are being carried out in 43 cities and towns of the region. He stated that the cities and towns of the region are emerging from their shabby appearance and becoming comfortable places for work, living, and tourism. Woldiya city has brought about remarkable changes by working at high speed and quality, the Head said. The Medemer government is implementing the entrepreneurial idea of using limited resources efficiently and effectively to finalize many projects quickly, which makes the city's development unique, he explained. Molla said the leadership and residents of Woldia have raised resources and taken quick action to increase the economic value of the city. This is great proof that any challenge can be overcome if the leadership works together with the people and provides a lesson for the region, he underscored.

Addis Ababa, June 9, 2026 — Prime Minister Abiy Ahmed has highlighted the potential of advanced construction technologies to transform Ethiopia’s national housing program, following a visit to a housing development demonstration site after a meeting of the Council of Ministers. Following the meeting, the PM visited ''a housing development demonstration site featuring construction that is both exceptionally modern and driven by highly accelerated technology." On this single site, he added that three modern construction methods were simultaneously deployed: 3D printing, light steel prefabrication, and container housing. "Each stands as living proof that premium-quality homes can be delivered in a matter of days and weeks, rather than months and years, demonstrating that speed and quality no longer need to be compromised when the right technology is embraced." According to PM Abiy, this caliber of innovation has the power to fundamentally alter the trajectory of the national housing program, offering a model that can easily be deployed, replicated, and scaled across every corner of the country. "We have seamlessly aligned advanced technology with our national vision. Today serves as tangible proof that we are moving decisively in the right direction."

Addis Ababa, June 8, 2026 — The Ethiopia Tamirt (Made in Ethiopia) Movement has been pivotal to producing high-quality products that meet domestic demand and generate foreign exchange, Minister of Industry Melaku Alebel said. The regional Ethiopia Tamirt Movement closing program was held in the Amhara Regional State, Kombolcha City, under the theme “Ethiopia Tamirt for Inclusive Sovereignty.” Addressing the program, Minister of Industry Melaku Alebel said the movement has played a significant role in the growth of the industrial sector and in stimulating the country’s economy in recent years. In addition, the Minister stated that the movement has supported industries, improved infrastructure, modernized service delivery, and addressed challenges, noting that tangible results have been registered in such areas. The minister further stated that, in addition to substituting imported products and boosting the production of quality goods that generate foreign exchange earnings, the movement has enabled the creation of job opportunities for citizens. The movement has created a favorable environment for many industries to make a transition into producers and attract new investors in the investment sector, he underscored. Amhara Regional State Chief Administrator Arega Kebede said Ethiopia Tamirt movement has enabled the region to provide efficient services in the industrial and investment sectors, which have contributed significantly to the growth of the region’s economy. In addition to substituting imported products and producing goods for foreign markets, he said the movement has also made a significant contribution to developing a culture of using domestic products and taking pride in locally produced goods. Head of the Region’s Industry and Investment Bureau, Endris Abdu, said that through the movement, 496 new and existing industries have transitioned into operational status over the past four years. Furthermore, he said that more than 125,000 jobs have been created in the industry and investment sectors. The movement has enabled it to enhance close collaboration with investors, helping them promote their products, access credit facilities, obtain the necessary infrastructure, and receive sustained and strengthened support, he emphasized

Addis Ababa, June 6, 2026 —Ethiopia will continue to strengthen its efforts to strengthen regional energy connectivity, Ethiopian Electric Power (EEP) CEO Ashebir Balcha said. According to him, the construction of projects that ensure Ethiopia's development and prosperity are in progress. The CEO told ENA that Ethiopia has given special attention toward developing renewable energy. Over the past years, 3 major projects, including the Grand Renaissance Dam, have been completed and have become operational, he added. The CEO noted that Ethiopia's extensive work in renewable energy development has enabled it to be among the leading countries in the sector. He also explained that the electricity generated by Ethiopia comes entirely from renewable and clean energy. Ashebir further stated that Ethiopia is working at the forefront of the East African Energy Connectivity Initiative and will continue to strengthen its efforts to enhance regional energy connectivity. He also revealed that, in addition to Djibouti, Sudan, and Kenya, to which Ethiopia supplies power to, an attempt is being made to sell power to Tanzania. Moreover, studies are being conducted to connect power with other countries. The CEO said that Ethiopia exports less than ten percent of its energy to foreign countries. Thus, efforts are underway to prioritize renewable energy by integrating domestic and foreign energy. The construction of the Koysha Power Generation Project, which has a huge generation capacity, is underway, and efforts are being made to complete it quickly and get it operational. In addition, 16 power transmission and distribution station projects are under construction.

Addis Ababa, June 5, 2026 —The Canadian Chamber of Commerce in Ethiopia was officially launched in Ottawa, Canada, in the presence of government officials, diplomats, business leaders, members of the Ethiopian diaspora community, and stakeholders from both countries. Speaking at the event, Ambassador Tewodros Girma, Special Envoy and Plenipotentiary Ambassador of Ethiopia to Canada, highlighted Ethiopia’s ongoing economic reforms aimed at improving the business environment and strengthening private sector participation. He noted that the Chamber would serve as an important bridge connecting businesses, entrepreneurs, investors, and innovators from both countries while helping to enhance trade and investment relations. In her remarks, Cheryl Urban, Assistant Deputy Minister for Africa and Pan-Geographic Affairs at Canada’s Department of Foreign Affairs, reaffirmed Canada’s commitment to expanding economic engagement with African countries and strengthening commercial relations with Ethiopia. Canada’s Ambassador to Ethiopia, Nicolas Simard, noted that the Chamber would further reinforce the longstanding relationship between the two countries and help unlock new opportunities for trade, investment, and business collaboration. The Vice President of the Chamber, Abiy Raymond, expressed confidence that the institution would provide a strong platform for businesses and investors seeking to expand opportunities in both markets. The Chamber is expected to contribute to fostering partnerships, facilitating investment, and promoting sustainable economic growth for the mutual benefit of both countries.

Addis Ababa, June 5, 2026 —The Industrial Parks Development Corporation (IDPC) has introduced a major policy shift aimed at accelerating industrialization by supporting domestic manufacturers through reduced service fees and four years of free access to selected industrial parks. Speaking to ENA, IDPC Chief Executive Officer Fisseha Yitagesu emphasized that the new approach is designed not only to help local investors establish production facilities more easily but also to create employment opportunities and strengthen supply chains. “We are backing manufacturers so that they can easily begin production, create job opportunities, and supply outputs for both export and local markets,” Fisseha noted. He explained that while foreign direct investment has contributed significantly to the country's industrial development, the corporation is now placing greater emphasis on supporting domestic investors and helping small and micro enterprises grow into medium and large scale industries. “Primarily, supporting our country’s investors, promoting them, and enabling small and micro enterprises to grow into medium and heavy industries is highly critical,” he added. As part of the new policy, eligible enterprises will benefit from reduced fees and an unprecedented incentive that allows them to operate in selected industrial parks free of charge for four years. “Doing this is very essential because a country’s growth and industrial development are primarily driven by domestic investors,” Fisseha noted. According to the CEO, the policy is already yielding results, with local investors now accounting for more than 65 percent of businesses operating in industrial parks across the country. Fisseha said the availability of integrated infrastructure, including land, electricity, water supply, telecommunications services, and waste treatment facilities, is helping reduce the high startup costs that have traditionally discouraged local manufacturers from entering the sector. “The biggest challenge local investors faced in joining the manufacturing sector was infrastructure, and we have now addressed that problem,” he said. The CEO also highlighted the growing participation of youth and women entrepreneurs in the parks and underscored the importance of strengthening collaboration between industry and academia. He pointed to the proximity of Kilinto Industrial Park to Addis Ababa Science and Technology University as a valuable opportunity for internships, research partnerships, skills development, and technology transfer. “University-industry linkage contributes to increasing production and productivity while also improving the quality of education,” he said. As part of the first phase of the initiative, the corporation recently allocated 10 hectares of fully serviced land equipped with electricity, water, telecommunications, and sewerage infrastructure to 26 medium sized enterprises in the Bole Lemi and Kilinto industrial parks. The move is expected to boost production capacity, improve productivity, and strengthen the role of domestic manufacturers in Ethiopia’s industrial transformation.