Addis Ababa, May 15, 2026 —A new book titled “The Remaking of Addis Ababa: Transformation from 2020–2025” that chronicles the Ethiopian capital’s rapid modernization was officially launched today in the presence of senior government officials and international scholars. Speaking at the launch ceremony, Ethiopia’s Deputy Prime Minister Temesgen Tiruneh described the publication as an important historical record of Addis Ababa’s transformation. “Today, we proudly launched a remarkable book that documents the astonishing transformation of our capital, Addis Ababa. Written by international scholars, this work stands as a worthy historical record of our journey,” he said. The Deputy Prime Minister noted that Addis Ababa is steadily evolving into a modern, livable, and attractive city for future generations. “Addis Ababa is turning our dreams of change into reality by becoming a modern, livable, and beautiful city for generations to come,” he added. The book, independently written and published by international authors and diaspora scholars who closely followed the city’s transformation, highlights the resilience, determination, and achievements behind the ongoing efforts to reshape Ethiopia’s capital into a modern and inclusive metropolis. Produced through the authors’ own initiative and resources, the publication is being recognized as a reflection of the large-scale urban renewal projects taking place in Addis Ababa. Officials said the book goes beyond documenting infrastructure projects, capturing what they described as promises fulfilled through action and the collective contribution of Addis Ababa residents, who participated through ideas, labor, commitment, and resources. The publication was authored by prominent international and diaspora scholars, including Professor Simon Lee, Dr. Clement Katulushi, Ethiopian-born scholar Hirpo Kumbi, and their team. Their work documents Addis Ababa’s transformation from ambitious vision to tangible progress, preserving for future generations the story of one of Africa’s most significant urban renewal initiatives. “This book tells the story of all of us. Let us read it, embrace it, and share Ethiopia’s story of change and success with the world,” Temesgen said.

Addis Ababa, May 15, 2026 — The Ministry of Finance of hosted the Ethiopia–Republic of Korea Official Development Assistance (ODA) Portfolio Review today to evaluate the progress of ongoing development cooperation initiatives and discuss shared priorities for future engagement. The meeting brought together senior Ethiopian government officials and representatives of the Republic of Korea’s major development cooperation agencies. These include Export-Import Bank of Korea, Korea International Cooperation Agency, Korea Foundation for International Healthcare, and Korea Program on International Agriculture. According to its social media post, ministry of finance noted that discussions focused on the implementation status of Korean-supported projects in key sectors and explored ways to further strengthen coordination, implementation efficiency, and alignment with Ethiopia’s national reform and development agenda. Korea’s active development cooperation portfolio in Ethiopia currently exceeds 1.2 billion USD. State Minister of Finance Semereta Sewasew described the relationship between Ethiopia and the Republic of Korea as a strong and evolving partnership founded on mutual respect, shared priorities, and practical cooperation. She noted that Korean support continues to contribute to strategic sectors such as infrastructure, health, agriculture, human capital development, and climate resilience, while also enhancing institutional capacity building and knowledge transfer. “Our partnership has continued to grow through shared priorities and practical cooperation,” Semereta said. “Today’s discussion provides an opportunity not only to review progress, but also to reflect on how we can further strengthen the effectiveness, responsiveness, and impact of our cooperation,” she added. The state minister further underscored the importance of maintaining strong implementation performance, effective coordination, and mutual accountability to ensure that development cooperation delivers sustainable and tangible results. Ambassador of the Republic of Korea to Ethiopia, Jung Kang, said the latest meeting marked the fourth consecutive year of the joint portfolio review process, reflecting the continued commitment of both countries to structured dialogue and effective partnership. The ambassador also commended Ethiopia’s ongoing reform efforts under the Homegrown Economic Reform agenda and stressed the importance of continued collaboration to advance sustainable development outcomes. The revised Economic Development Cooperation Fund (EDCF) framework agreement signed in June 2024 raised the financing ceiling to 1 billion USD for the 2024–2028 period, the ambassador stated. The review covered a broad range of initiatives implemented through various Korean development cooperation agencies. The Export-Import Bank of Korea, through its EDCF program, currently manages an active portfolio valued at about 961 million USD across 13 projects in sectors including energy, transport, health, and water. The Korea International Cooperation Agency (KICA), which has partnered with Ethiopia since 1995, is implementing 18 active projects with investments exceeding 200 million USD, focusing on industry, health, and urban resilience. The Korea Foundation for International Healthcare has supported Ethiopia’s health sector since 2014 with investments totaling around 45 million USD. The support includes the Lee Jong-Wook Fellowship program, through which 197 Ethiopian health professionals have received training. The Korea Program on International Agriculture also continues to support agricultural development and innovation, including a recently launched soil health initiative in the Becho and Ada’a Plains. The meeting concluded with a shared commitment to continue regular portfolio review engagements and strengthen joint follow-up mechanisms aimed at addressing implementation challenges and ensuring the effective delivery of ongoing projects and future cooperation priorities.

Addis Ababa, May 15, 2026 —Ethiopia called for sweeping reforms to global governance and multilateral institutions, urging the international community to build a world order that is more equitable, representative, legitimate and just. The high-level Ethiopian delegation, in a statement delivered on the second day of the BRICS 2026, underscored Ethiopia's commitment to work within the BRICS family and the broader multilateral system to build a world order that is equitable, representative, legitimate, and just. The delegation highlighted Ethiopia's position on key reforms of global governance and multilateral systems, including the need to exercise caution and balance between reform and continuity. Accordingly, on UN Security Council Reform, the delegation noted that Ethiopia stands firmly with the African common position as enshrined in the Ezulwini Consensus and Sirte Declaration. The delegation emphasized the modality of Africa's representation must be left for the determination of the continent. On financial and Institutional reform, the delegation underscored the need to adjust representation by relative place in the global economy. It was also underlined that, beyond quota adjustment, reform must help ensure a fair and balanced economic system rooted in the realities of countries. The delegation indicated the urgent need to improve debt-restructuring mechanisms to support low-income and developing countries.   On WTO reform, the delegation noted that Ethiopia is actively negotiating its WTO accession and called on the international community to reform the accession process to accommodate the context of developing countries, to strengthen dispute resolution for fairness, and protect LDCs from trade restrictions disguised under environmental policy. The Ethiopian delegation is taking part in the BRICS Ministers of Foreign Affairs Meeting, hosted in New Delhi on May 14-15, 2026.

Addis Ababa, May 15, 2026 —France's Ambassador to Ethiopia, Alexis Lamek, has affirmed that Ethiopia’s efforts to diversify access to the sea are “perfectly legitimate”, describing the matter as a reasonable aspiration for the world’s most populous country. Recalling the position expressed by French President Emmanuel Macron during his visit to Ethiopia about a year and a half ago, the Ambassador said the issue remains “a legitimate question.” “The fact that Ethiopia wants to diversify its access to the sea is something which is perfectly legitimate,” the Ambassador stated, pointing to the challenges Ethiopia faces because of its large population and geographical location. Many observers note that the Red Sea issue is deeply connected to Ethiopia’s historical legacy, its ancient civilization, the foundation of its statehood, national security, and long-term economic ambitions. Building on its geographical, historical, and economic context, Ethiopia has initiated discussions to secure maritime access based on principles of mutual benefit and partnership, aiming to create opportunities for shared development. The country continues to pursue persistent diplomatic and legal avenues to assert its sovereign right to sea access—a quest that has spanned generations.   On the matter, Ambassador Lamek said France stands ready to support constructive efforts to help address Ethiopia’s quest for sea access “France is ready to help if there is anything we can do,” he said. As part of that support, Ambassador Lamek suggested that European experiences could offer useful lessons for the region. He noted that several European landlocked countries with strong economies have successfully secured reliable sea access through cooperation with neighboring states. According to him, those countries “managed to establish a confident relation with other countries who have harbors.” He further observed that building such relationship “took time to put in place”. But the approach is “very effective” and “probably the best way of ensuring diversity of access to the sea.” Ambassador Lamek added that such cooperation is vital in addressing the “undeniable constraints” associated with being a landlocked country. Ethiopia has remained landlocked since Eritrea’s independence in 1993 and has in recent years intensified efforts to secure diversified and sustainable access to sea as part of its broader economic and regional integration strategy.

Addis Ababa, May 14, 2026 —Ethiopia has earned more than 8.7 billion USD from export during the last 10 months of the current Ethiopian fiscal year, according to Trade and Regional Integration Minister and ECX Board Chairman Kassahun Gofe. The Minister disclosed the above at the graduation of 168 coffee sommeliers from the Ethiopian Commodity Exchange (ECX) Academy. Speaking on the occasion, Kassahun said if Ethiopia’s foreign trade has long history, remarkable achievements have been registered following the National reform. Developing a knowledgeable and skilled workforce is crucial to building a modern and effective export system, he noted, adding that the Ethiopian Commodity Exchange Academy is playing an encouraging role in developing qualified professionals. He stated that remarkable changes have been recorded in export trade over the reform years. Encouraging results are in particular being achieved in the current Ethiopian fiscal year. In the past 10 months alone, the country has earned 8.7 billion USD in export revenue, and plans are underway to increase the revenue to 10 billion by the end of the fiscal year. The Minister noted that Ethiopia could benefit from export when the products fulfill international quality and safety standards. Quality assurance and quality determination are cornerstones for our agricultural products to be competitive in the international markets, he stressed. Therefore, Kassahun said the graduates would play a significant role in ensuring international quality standards. Ethiopian Commodity Exchange (ECX) Director-General, Mergia Bayissa, said the Ethiopian Commodity Exchange Academy is sharing its experience and knowledge for other African countries as well. Since its establishment in 2023, the Ethiopian Commodity Exchange Academy has trained more than 3,200 in coffee quality evaluation, grain and oil products quality determination and agricultural products export facilitation, it was learned.

Addis Ababa, May 14, 2026 —Ethiopian Airlines has always been in the forefront of acquiring, operating, and maintaining latest technology airplanes, Ethiopian Airlines Group CEO Mesfin Tasew said today. The CEO made the remark at one of the celebrations of Ethiopian Airlines' 80-year journey of success that have been going on as of early 2026. As of early 2026, the airline is celebrating its 80-year journey of success, maintaining its status as the continent's largest and fastest-growing carrier. Speaking at a static airshow at Bole International Airport today, Mesfin said the airline has long prioritized modern aircraft to support its performance, reliability, and continued growth in passenger and cargo services.   The event, which featured aircraft displayed on site, showcased milestones from the airline’s history, spotlighting the evolution of its fleet, branding, and contribution to regional and global air connectivity. Ethiopian Airlines operates a modern and latest-generation fleet, which the CEO described as central to the airline’s success. The airline has used new aircraft to help it become one of Africa’s most successful carriers and a globally recognized operator of young technology aircraft, he added. Ethiopian Airlines currently operates 147 aircraft across different models, and has placed orders for more than 100 aircraft with Boeing and Airbus, it was learned. The deliveries are planned between now and 2032. “It is not the end,” Mefin said, framing the anniversary as part of a longer-term transformation effort aimed at strengthening capacity and connectivity.   The CEO linked the airline’s aircraft modernization to its reach and economic impact, noting that Ethiopian Airlines transports about 21 million passengers annually, moves more than 850,000 tons of cargo, and operates flights to over 140 destinations across more than 80 countries. The airline is now using its aircraft to connect travelers across 82 countries spanning five continents. The 80th anniversary airshow and program marks Ethiopia’s aviation progress and Ethiopian Airlines’ role in expanding travel access, supporting trade and tourism, and building a reputation for reliability on routes worldwide.

Addis Ababa, May 14, 2026 —Ethiopia's transformation is well within reach if the nation fully harnesses its inherent resources and vast potential, Agriculture State Minister Sofia Kassa remarked, noting that recent successes serve as a powerful testament to the possibility of achieving prosperity beyond self-sufficiency. She made the remark at a high-level consultative forum themed "From Dependency to Productivity," currently underway in Hawassa. The event is organized through a collaborative effort between the Ethiopian News Agency and the Ministry of Agriculture. Speaking during the deliberations, the state minister emphasized that Ethiopia’s journey from aid-dependency toward a productivity-led economy is progressing with encouraging momentum.   She highlighted the profound life changes observed among citizens who were once reliant on aid are a shining example of this transition, she added. According to her, Ethiopia can attain milestones that transcend basic needs and redefine the nation's future by effectively utilizing the country’s natural endowments. To sustain this progress, Sofia called for deep-rooted institutionalization, seamless coordination among leadership, and a steadfast commitment to consistency and long-term impact.   Beyond the shift to productivity, the state minister noted that the initiatives undertaken by formerly aid-dependent citizens have yielded multifaceted socio-economic benefits. Furthermore, she stressed the need for addressing the financing gaps that currently hinder the full potential of the agricultural sector. On his part, Central Ethiopia Region Agriculture Bureau Head with the rank of Deputy Chief Administrator, Usman Surur, stated that the region has identified its blessings and moved decisively into the implementation phase. He added that an ongoing movement, titled "Integrated Agriculture for Farmers' Prosperity", has been carried out to create self-reliant citizens that ensure lasting economic security.   "Our focus remains on ensuring household food security, substituting imports, and boosting the volume and quality of products destined for export and industrial inputs," Usman stated. According to him, citizens in the region, previously supported through various safety-net frameworks, are now producing surpluses and supplying local markets. This success, he explained, is rooted in a shared vision, the strategic use of resources, and the adoption of modern cultivation techniques tailored to specific production seasons. By identifying specific commodities for family-centered agricultural models, the region has translated plans into tangible, life-changing results. Usman affirmed that a new class of farmers who experience firsthand the fruits of household prosperity has emerged. He concluded with a message of optimism, asserting that the day Ethiopia fully transcends dependency to reach the heights of prosperity is fast approaching.   At the forum underway, HPR Standing Committee on Democracy Affairs Chairperson Ewnete Alene, Coordinator Minister of the Democratic System Building Center at the Prime Minister's Office, Bikila Hurisa, and Government Communication Services State Minister Tesfahun Gobezay are in attendance. The forum also brought together Sidama Region Agriculture Bureau Head, Memru Moke, along with other officials and agricultural experts.

Addis Ababa, May 14, 2026 —Ethiopia and Italy have signed a 5 million Euro grant agreement to launch the Kebena Tributaries Riverside Development Project. The project is a major urban environmental initiative aimed at restoring degraded river ecosystems in the Yeka Sub-city of Addis Ababa, according to the Ministry of Finance. The 24-month project will be implemented by the Addis Ababa Urban Beautification and Greenery Development Bureau and is designed to advance Ethiopia’s green economy transition while strengthening urban climate resilience in line with the 2030 Sustainable Development Agenda.   The intervention focuses on rehabilitating two heavily polluted tributaries of the Kebena River through integrated infrastructure works, including sewer line construction, improved stormwater drainage, riverbank protection using geo-engineering techniques, and the creation of riparian buffer zones with native vegetation and public recreational spaces. Speaking at the signing ceremony, Ethiopia’s Minister of Finance, Ahmed Shide, said the project aligns with national reform priorities by promoting sustainable urban development, job creation, and environmental restoration. He noted that the initiative will help reduce pollution, control erosion, and transform the river corridor into a safe and accessible public space, while also contributing to green tourism and inclusive urban growth. He further emphasized that the agreement reflects strengthened cooperation between Ethiopia and Italy, particularly through development partnership frameworks supporting macroeconomic stability and reform efforts.   On his part, Italian Ambassador to Ethiopia, Sem Fabrizi, underscored the technical and environmental significance of the collaboration, reaffirming Italy’s long-standing partnership with Ethiopia. He highlighted that the project supports Addis Ababa’s broader vision under the Beautifying Sheger initiative, which seeks to create greener, more resilient, and inclusive urban spaces. He also stressed the importance of clean rivers, sustainable infrastructure, and community-centered development in improving quality of life and climate resilience. The project is expected to directly benefit around 9,000 residents living in the surrounding catchment areas. Beyond environmental restoration, it will support local livelihoods by involving communities in the management of new facilities and expanding opportunities for women in sanitation and recreational service provision.   As part of the wider Beautifying Sheger program, which includes landmark developments such as Friendship Park, the initiative reinforces efforts to integrate urban renewal with Addis Ababa’s sanitation and stormwater master planning—positioning the partnership as a model for sustainable urban transformation in Africa.

Addis Ababa, May 14, 2026 —Ethiopia is making measurable progress in its national effort to reduce dependence on humanitarian aid and transition toward a self-reliant economy, officials said at a consultative forum held in Hawassa. The forum, organized by the Ethiopian News Agency in collaboration with the Ministry of Agriculture under the theme “From Dependency to Productivity,” brought together senior government officials, policymakers, and agricultural experts to assess ongoing reforms aimed at strengthening resilience and promoting sustainable livelihoods.   Participants included Ewnete Alene, Chairperson of the Standing Committee on Democratic Affairs at the House of People’s Representatives; Minister Coordinator for Democratic System Building Center at the office of the Prime Minister, Bikila Hurisa; Tesfahun Gobezay, State Minister for Government Communication Services; and Sofia Kassa, State Minister for Agriculture. Regional representatives, including Usman Surur, Deputy Chief Administrator and Head of the Agriculture Bureau of the Central Ethiopia Region, also attended. Ewnete Alene said Ethiopia is beginning to see concrete results aligned with its national goal of reducing dependence on humanitarian assistance while advancing a production-driven economy.   He noted that ongoing reforms are focused on structural transformation, particularly in rural areas historically affected by drought, conflict, and poverty. Government efforts include expanding irrigation infrastructure, strengthening food security systems, supporting small and medium-sized enterprises, improving access to finance, and enhancing agricultural productivity. Officials highlighted the Homegrown Economic Reform Agenda as a key driver of recent gains, pointing especially to improvements in wheat production as evidence of progress toward food self-sufficiency. Despite continued challenges, including climate change, inflation, and regional and global instability, authorities emphasized that Ethiopia has made significant strides and remains committed to long-term economic resilience and sustainable livelihoods.   Agricultural productivity has shown encouraging growth in recent years, with wheat production often cited as a flagship example of the country’s efforts to strengthen domestic food supply and reduce imports. Ewnete stressed that while humanitarian assistance remains essential during emergencies, it should not become a permanent mode of survival. He described the shift toward productivity and self-reliance as critical for national stability and sovereignty. In his opening remarks, Seife Deribe, Chief Executive Officer of the Ethiopian News Agency, said that achieving food self-sufficiency requires sustained public awareness and a broader cultural shift toward productivity.   He noted that the agency, as a leading national news institution, has remained at the center of the country’s development communication efforts by consistently reporting on and amplifying government and societal initiatives. He further emphasized that the agency is working closely with relevant stakeholders to produce content that supports Ethiopia’s ongoing transition from aid dependency to self-reliance.

Addis Ababa, May 13, 2026 — Investors say the conducive environment created by the government is enabling them to expand production of export oriented and import substitution products. Among the investors, Ras Guba Flour and Biscuit Factory Manager Daniel Abera said the government has been giving greater attention to private investors by addressing key investment related challenges. According to him, initiatives such as the “Made in Ethiopia” Expo have encouraged investors and helped create solutions to challenges facing the sector. The factory currently produces more than 600 quintals of wheat flour and nearly 10,000 cartons of biscuits per day for the local market. Daniel noted that, in addition to contributing to import substitution efforts, the factory is also working to enter the international export market. On his part, Walia Cork Factory representative Tamiru Alebachew said the government’s support for investors enabled the factory to begin operations quickly and become productive within a short period. The factory is contributing to import substitution by producing more than 6,000 soft drink bottle caps daily, he added. Mohamed Amin Yusuf, Mayor of Kombolcha City Administration, said significant achievements have been registered in the investment sector due to the attention given by the government in recent years. He stated that industries participating in the “Made in Ethiopia” initiative have increased their production capacity from 47 percent to 60 percent. According to the mayor, during the past nine months industries in the city generated more than 40 million USD from export products and over 70 million USD through import substitution products.

By Henok Tadele HAILE Addis Ababa, May 13, 2026 —Prime Minister Abiy Ahmed on Wednesday officially welcomed French President Emmanuel Macron at the historic National Palace as the French leader began his latest official visit to Ethiopia, signaling the continued strengthening of relations between the two nations. Sharing moments from the welcoming ceremony at the National Palace, Prime Minister Abiy posted on social media that he had formally received President Macron, whose latest trip underscores France’s growing strategic interest in Ethiopia and the wider Horn of Africa region. The two leaders later visited the Ethiopia Science Museum, where discussions focused on innovation, technology, and future opportunities for cooperation. In another social media post following the visit, PM Abiy said Ethiopia and France are “walking ahead to the future,” describing the Science Museum tour as a reflection of both nations’ shared commitment to innovation and technological advancement.   Welcoming President Macron on his third official visit to Ethiopia, Prime Minister Abiy said France’s friendship with Ethiopia “speaks for itself,” emphasizing that bilateral ties continue to deepen. Beyond the ceremonial engagements, the visit produced tangible diplomatic outcomes. The two leaders held substantive bilateral talks at the National Palace, addressing a broad range of issues of mutual interest. Among the key agreements signed was a 54.6 million Euro loan for Ethiopia’s Renewable, Integrated, Sustainable Energy and Digitalization Program, which is expected to support the country’s green energy transition and digital transformation agenda. Additional cooperation agreements were also exchanged, reinforcing collaboration in sustainable development, energy, and technological modernization. Macron’s latest visit comes at a time when relations between Ethiopia and France are gaining remarkable momentum across political, economic, cultural, and development sectors.   The relationship between the two countries dates back to the 19th century when Ethiopia and France signed the Treaty of Friendship and Commerce in 1843. Formal diplomatic relations were established in 1897 following agreements signed between Emperor Menelik II and French representative Léonce Lagarde. That same year also marked the beginning of construction of the historic Djibouti–Addis Ababa Railway, one of the earliest major infrastructure partnerships between Ethiopia and France. France later opened its diplomatic legation in Addis Ababa in 1907 on land granted by Emperor Menelik II. Throughout the 20th century, cooperation expanded into infrastructure development, legal reforms, education, administration, and cultural exchanges. One of the most notable milestones came in 1966 when former French President Charles de Gaulle visited Addis Ababa, resulting in the signing of a cultural convention that remains active today. Relations entered a new phase in 2018 following Prime Minister Abiy’s rise to power. His visit to Paris later that year opened a new chapter in bilateral engagement, followed by Macron’s state visit to Ethiopia in 2019, during which both countries signed agreements on heritage preservation, security, and infrastructure development. Diplomatic engagement continued in subsequent years. In 2023, French and German foreign ministers visited Addis Ababa in support of Ethiopia’s peace process following the northern conflict. Abiy also visited Paris that same year, further strengthening dialogue between the two governments. The momentum continued in 2024 when French Minister for Europe and Foreign Affairs Jean-Noël Barrot visited Ethiopia. Macron later returned to Addis Ababa in December of that year for the inauguration of the restored National Palace, which was renovated with French support and transformed into a museum. Prime Minister Abiy’s visit to France in May 2025 and France’s hosting of a Europe-Ethiopia investment forum later that year further demonstrated the growing strategic importance of the partnership.   Economic cooperation has increasingly become one of the strongest pillars of Ethiopia-France relations. The partnership is particularly active in aerospace, energy, infrastructure, and manufacturing sectors. According to diplomatic sources, bilateral trade reached 812.6 million Euros in 2024, making Ethiopia one of France’s major trading partners in East Africa. The aviation sector remains especially significant, with Airbus supplying aircraft to Ethiopian Airlines. French investments have also expanded into logistics, agriculture, energy, infrastructure, and digital services. The Franco-Ethiopian Chamber of Commerce continues playing an important role in strengthening business partnerships between companies from both countries. Renewable energy cooperation remains another critical area of engagement. France previously supported Ethiopia through the development of the Ashegoda Wind Farm, one of the country’s major wind energy projects and a symbol of growing cooperation in sustainable development.   Cultural ties remain equally strong. Alliance Française Addis-Ababa and Alliance Française Dire Dawa continue promoting French language education and cultural exchange through exhibitions, language programs, concerts, and film screenings. France has also supported Ethiopia’s creative industries through initiatives such as the Habesha Creative Lab, which helps young Ethiopian innovators and entrepreneurs expand their creative potential. President Macron’s latest visit reflects more than diplomatic tradition. It signals a partnership increasingly focused on innovation, sustainable development, investment, and future opportunities. As Ethiopia continues pursuing economic reform and technological transformation, its growing partnership with France appears poised to play an increasingly important role in shaping that future.

Addis Ababa, May 13, 2026 — Ethiopia and France have signed a 54.6 million Euro concessional loan agreement aimed at digitalizing and modernizing Ethiopia’s national electricity transmission network. Ethiopia’s Minister of Finance, Ahmed Shide, and France’s Minister for Europe and Foreign Affairs, Jean-Noël Barrot signed the agreement today in Addis Ababa. The strategic investment, financed by the French Treasury, is intended to strengthen Ethiopia’s energy infrastructure through advanced digital technologies. According to a statement issued by the French Embassy, the project will be implemented by GE Vernova France and RTE International in close collaboration with Ethiopian Electric Power. The initiative will focus on automating substations, improving grid asset management, and enhancing maintenance systems and training capacity at the National Grid Control Centre. The financing forms part of the 270 million Euro Renewable Integrated Sustainable Energy and Digitalization (RISED) programme, a flagship initiative under the European Union Global Gateway strategy. According to the embassy, the programme is designed to support Ethiopia’s green and digital transition by building a more resilient and sustainable power grid. The project is expected to expand electricity access to more than four million people while reducing the frequency and duration of power outages by 50 percent. It is also projected to support Ethiopia’s climate ambitions by cutting an estimated 150,000 tonnes of carbon dioxide emissions annually and reducing energy losses through the modernization of ageing infrastructure.

Addis Ababa, May 13, 2026 —Prime Minister Abiy Ahmed and French President Emmanuel Macron held substantive bilateral discussions at the National Palace in Addis Ababa today, focusing on a wide range of issues of mutual interest between Ethiopia and France. The leaders also oversaw the exchange of key cooperation agreements between the two countries, marking a significant step in strengthening bilateral ties in the areas of sustainable development, energy, and digital transformation.   Among the agreements exchanged was a €54.6 million loan for the Renewable, Integrated, Sustainable Energy and Digitalization Program, aimed at supporting Ethiopia’s green energy transition and digital development agenda. In addition, the two sides exchanged a new Framework and Roadmap for the 150MW Geothermal Public–Private Partnership (PPP), designed to advance Ethiopia’s renewable energy expansion and attract private sector investment in geothermal power development.   Prime Minister Abiy, in a social media post, noted that the discussions and agreements reflect the growing partnership between Ethiopia and France and their shared commitment to sustainable growth and cooperation. The talks underscore deepening Ethiopia–France relations, particularly in strategic sectors such as energy, infrastructure, and technology.

Addis Ababa, May 13, 2026 —Africa is advancing plans to establish a continental credit rating institution aimed at addressing long-standing concerns over perceived biases in global rating systems, according to the African Union Commission. The Chairperson of the African Union Commission, Mahamoud Ali Youssouf, said the continent is preparing to launch the Africa Credit Rating Agency (AfCRA) in Mauritius in June as part of broader efforts to reform the global financial architecture and improve Africa’s access to international capital markets.   Speaking at the 10th African Union–United Nations Annual Conference, Youssouf said existing international financial institutions, largely designed after the Second World War—no longer fully reflect Africa’s economic realities, development priorities, and financing needs. The proposed Africa Credit Rating Agency is expected to operate as an independent, private-sector-led institution under African Union backing. It will focus on providing context-sensitive credit assessments for African sovereign, sub-sovereign, and corporate borrowers. Officials say the initiative is intended to strengthen local capital markets, improve investor confidence, and potentially reduce borrowing costs across the continent.   Youssouf confirmed that the agency is expected to be formally launched in June in Mauritius, describing it as a key milestone in Africa’s push for financial sovereignty and reform of global credit rating structures. He said the initiative aligns with broader continental priorities, including the implementation of Agenda 2063 and the United Nations Sustainable Development Goals. During the conference, discussions also focused on peace and security, governance challenges, and the impact of global economic shifts on African economies. Youssouf expressed concern over ongoing conflicts in regions including Somalia, South Sudan, and the Sahel, warning that terrorism, separatist movements, and organized crime continue to undermine stability across the continent. He also highlighted delays in implementing UN Security Council Resolution 2719, saying they have limited Africa’s capacity to finance peacekeeping and conflict resolution operations. “Peacekeeping and conflict resolution is very costly,” he noted.   On the economic front, Youssouf warned that rising global food and fuel prices—driven in part by geopolitical tensions in the Middle East—are placing significant pressure on African economies. Citing preliminary assessments prepared with the United Nations Economic Commission for Africa, he said fuel prices have surged by up to 150 percent in some countries. He added that prolonged instability in strategic shipping routes such as the Strait of Hormuz could reduce GDP in several African economies by as much as 4 percent. Youssouf urged G7 nations to support mitigation measures for vulnerable economies, including mechanisms similar to the Special Drawing Rights introduced during the COVID-19 pandemic. He also praised cooperation between the African Union and the United Nations, thanking UN Secretary-General António Guterres for supporting Africa’s development and peace priorities. Concluding his remarks, Youssouf reaffirmed Africa’s commitment to multilateral cooperation and called for stronger global partnerships to address the continent’s interconnected peace, security, and development challenges.

Addis Ababa, May 13, 2026 —French President Emmanuel Macron has arrived in Addis Ababa, Ethiopia in the early hours of the afternoon for an official visit aimed at strengthening bilateral relations. Upon his arrival at Bole International Airport, Macron was warmly received by Ethiopian Prime Minister Abiy Ahmed, who welcomed him in a message shared on social media. “My brother Emmanuel Macron, President of the Republic of France, it is always a pleasure to welcome you back to Ethiopia, and on your third official visit, France’s friendship with our nation speaks for itself. As we look ahead to meaningful conversations, one thing is certain—the ties that bind Ethiopia and France only grow stronger,” Abiy wrote.   The visit marks Macron’s third official trip to Ethiopia, underscoring ongoing diplomatic engagement between the two countries. Discussions are expected to focus on strengthening cooperation in areas including development, regional stability, investment, and cultural exchange. The French leader’s arrival highlights the continued expansion of Ethiopia–France relations at a time when both countries are seeking deeper collaboration on economic and geopolitical priorities in the region.

Addis Ababa, May 12, 2026 — Ethiopia’s Minister of Foreign Affairs Gedion Timothewos on Tuesday engaged with researchers and regional experts from leading think tanks during a roundtable discussion hosted by the Hudson Institute. During the discussion in the United States, Gedion outlined Ethiopia’s economic growth and prosperity model, while also providing insights into the country’s political trajectory. He also briefed participants on recent regional developments and the evolving geopolitical dynamics shaping the Horn of Africa. During an extensive question-and-answer session, the foreign minister emphasized that peace, stability, and security remain central to Ethiopia’s national vision and are critical to ensuring sustainable prosperity for both Ethiopia and the wider region. “Peace, stability, and security are the cornerstones of Ethiopia’s vision and essential foundations for advancing all-round prosperity for both Ethiopia and the wider region,” Gedion emphasized. Earlier in the day, an Ethiopian delegation led by Gedion—including Macroeconomic Advisor to the Prime Minister Girma Birru and Director General of the National Intelligence and Security Service Redwan Hussein—held discussions with senior U.S. officials. As part of the visit, Gedion also met with U.S. Secretary of State Marco Rubio to discuss ways of strengthening the longstanding bilateral relationship between Ethiopia and the United States, while addressing regional issues of mutual interest. Both sides reaffirmed their commitment to deepening cooperation and advancing a stronger strategic partnership between the two countries.

United Nations Secretary-General António Guterres has called for urgent reforms to global climate financing. The secretary-general warned that Africa is bearing the harshest consequences of climate change despite contributing the least to global emissions. Speaking at the Africa Forward Summit in Nairobi, Kenya, Guterres said African nations are facing devastating climate-related challenges, including prolonged droughts, severe flooding, food insecurity, and economic instability. The summit, co-hosted by Kenyan President William Ruto and French President Emmanuel Macron, brought together African leaders, global investors, and development partners to discuss sustainable growth and climate resilience across the continent.   During discussions on green industrialization and energy transition, Ethiopian Prime Minister Abiy Ahmed highlighted Ethiopia’s growing role in renewable energy development and sustainable industrialization. He said Ethiopia continues to play a major role in advancing Africa’s green growth agenda. Guterres urged wealthy nations and international financial institutions to overhaul existing climate funding systems and deliver meaningful support to vulnerable countries.   He stressed that Africa contributes less than four percent of global greenhouse gas emissions but continues to suffer disproportionately from climate disasters. Meanwhile, French President Macron announced a 27 billion USD investment package aimed at supporting Africa’s energy transition, artificial intelligence, maritime infrastructure, and agricultural modernization.   Guterres warned that without immediate action and stronger financial commitments, millions of lives and livelihoods across Africa remain at risk as the climate crisis deepens.

Addis Ababa, May 12, 2026 —The Ministry of Finance today convened a high-level meeting of the Development Partners Group (DPG) Heads of Agencies to deliberate on Ethiopia’s accession to the World Trade Organization (WTO) and the implementation of the African Continental Free Trade Area (AfCFTA), underscoring the country’s deepening commitment to global and regional economic integration. Opening the session, State Minister Semereta Sewasew underscored that WTO accession is firmly embedded within the government’s Homegrown Economic Reform Agenda 2, strengthening Ethiopia’s position in international trade negotiations and enhancing its integration into global value chains.   Trade and Regional Integration Minister, Kassahun Gofe, emphasized that trade integration is a strategic pathway to achieving national development objectives, attracting foreign direct investment, and creating job opportunities for Ethiopia’s youth. He highlighted the "sustained momentum" of the WTO accession process, which has transitioned from a 23-year slow-moving process into an advanced stage, with a clear target to complete the accession by the end of 2026.   The meeting highlighted notable strides in Ethiopia’s dual-track trade integration efforts. Over the past year alone, Ethiopia has made remarkable progress with the WTO, hosting three Working Party meetings, culminating in the pivotal 7th meeting in Geneva in April 2024, it was learned. Bilateral negotiations have advanced significantly, with agreements reached with nine out of seventeen members to date. Meanwhile, it was noted that Ethiopia has officially launched shipments under the AfCFTA framework in October 2025, opening trade channels to Kenya, Somalia, and South Africa. This move grants access to a combined market of over 1.4 billion people, bolstering Ethiopia’s export potential. In addition, Kassahun told development partners that the government has taken steps to strengthen institutional support by establishing the Fund and Project Coordination Office (FPCO) within his ministry. This dedicated unit serves as a centralized platform for trade initiatives, promoting transparency, accountability, and better coordination of partner funding with national priorities, he added.   He also called on development partners to collaborate closely with the Ministry in addressing constraints faced by private sector actors. He reaffirmed the government’s full commitment to advancing WTO accession and accelerating the effective implementation of the AfCFTA, according to the Face Book of Ministry of Finance. Representatives from the World Bank, Germany, and UNCTAD commended Ethiopia’s progress. The World Bank praised the country’s economic reforms, Germany highlighted support for customs and SMEs, and UNCTAD emphasized efforts to enhance Ethiopia’s manufacturing capacity, particularly in agro-processing and leather products.

Addis Ababa, May 12, 2026 —Ethiopia and Cyprus have expressed commitment to deepen cooperation across multiple sectors following their first-ever bilateral political consultations launched in Addis Ababa on Tuesday. The meeting, hosted at Ethiopia’s Ministry of Foreign Affairs, marked a new phase in relations aimed at elevating diplomatic and economic engagement between the two countries. Opening the talks, Ambassador Mulie Tarekegn, Deputy Director General for European and American Affairs said the consultations reflect a shared commitment to strengthening ties built on mutual respect, friendship, and expanding cooperation at both bilateral and multilateral levels.   He noted that recent high-level exchanges, including the 2025 visit of Cyprus Foreign Minister Constantinos Kombos, helped reinvigorate momentum in relations. He also highlighted Cyprus’s support for efforts to ease European Union visa measures affecting Ethiopia. On economic cooperation, he stressed that while trade remains limited, both countries see significant untapped potential in sectors such as agriculture, manufacturing, ICT, mining, tourism, energy, and logistics. Cyprus currently has a growing presence in Ethiopia, particularly in pharmaceuticals, and both sides agreed on the need to expand trade and investment flows.   The talks also underscored shared positions on global issues, including climate change, migration, counterterrorism, and international peace and security. Ethiopia’s flagship environmental initiative, the Green Legacy Initiative, and its upcoming role as host of COP32 were highlighted as areas for potential cooperation. For Cyprus, Head of the African Department at its Foreign Ministry, Stelios Makriyiannis, described the consultations as a milestone in bilateral relations, noting intensified diplomatic engagement in recent months, including visits and high-level meetings in Addis Ababa. He said the new dialogue framework will focus on implementing existing agreements, particularly in education and higher education—as well as exploring fresh opportunities in investment, trade, agriculture, tourism, and cultural exchange.   Makriyiannis also pointed to the strategic importance of Ethiopia–EU relations and ongoing progress in easing visa restrictions, adding that Cyprus supported efforts to lift remaining EU visa measures on Ethiopia during its presidency of the Council of the European Union. Both sides emphasized that the consultations mark the beginning of a more structured and forward-looking partnership, with a shared commitment to deepening political dialogue and expanding cooperation in a changing global landscape.

Addis Ababa, May 12, 2026 —Prime Minister Abiy Ahmed, at the Africa Forward Summit held in Nairobi, highlighted Ethiopia’s growing role in advancing green industrialization and the global energy transition. The summit, co-hosted by Kenyan President William Ruto and French President Emmanuel Macron, brought together leaders to discuss sustainable development pathways across Africa. During a session focused on green industrialization and energy transition, Prime Minister Abiy shared Ethiopia’s experiences and policy direction in these sectors.   He emphasized that Ethiopia is actively contributing to Africa’s broader efforts in clean energy development and sustainable industrial growth. He also noted that Ethiopia continues to play a significant role in shaping and advancing both green industrialization and energy transition agendas on the continent. More than 2,000 participants are attending at the event, including representatives from the European Union, African Union, global financial institutions, and development banks.   The summit is focused on addressing shared challenges while creating new opportunities for innovation-driven growth, with a strong emphasis on amplifying the voices of Africa’s young leaders and shaping the continent’s future.