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Economy
Ethiopia, UK Sign Key Power Transmission Agreements in Meeting Presided Over by PM Abiy
Feb 1, 2026 2855
Addis Ababa, February 1, 2026 (ENA—Ethiopia and the United Kingdom have signed major cooperation agreements aimed at strengthening public investment management and expanding Ethiopia’s strategic power transmission infrastructure, following high-level talks presided over by Prime Minister Abiy Ahmed. The agreements were concluded during a meeting between Prime Minister Abiy and the United Kingdom’s Secretary of State for Foreign, Commonwealth and Development Affairs, Rt. Hon. Yvette Cooper, where they discussed key bilateral relations as well as regional issues of mutual interest. As part of the engagement, the two sides oversaw the signing of a Memorandum of Understanding (MoU) on Technical Cooperation in Public Investment and Asset Management under the Ethiopia Investment Advisory Facility. The MoU is designed to enhance Ethiopia’s institutional capacity in managing large-scale public investments and strategic assets. In addition, Ethiopia and the UK witnessed the conclusion of a joint development agreement for two critical power transmission projects: the Hurso–Aysha 400 kilovolt (kV) Transmission Project and the Degehbur–Kebridehar 132 kV Transmission Project. The projects are expected to play a key role in expanding electricity access, improving grid reliability, and supporting economic growth in eastern parts of the country. In a statement shared on social media, Prime Minister Abiy Ahmed said the agreements mark a significant step forward in Ethiopia’s development agenda. “During the meeting, we oversaw the signing of a Memorandum of Understanding for Technical Cooperation on Public Investment and Asset Management under the Ethiopia Investment Advisory Facility. We also witnessed the conclusion of a joint development agreement for two critical power transmission projects: the Hurso–Aysha 400 kV Transmission Project and the Degehbur–Kebridehar 132 kV Transmission Project,” the Prime Minister stated. He added that the agreements reflect Ethiopia’s commitment to strengthening cooperation with international partners while advancing strategic infrastructure development that supports long-term economic transformation. The power transmission projects are expected to enhance connectivity within Ethiopia’s national grid and support the country’s broader efforts to expand reliable energy supply for industrial development and regional integration.
Ethiopia Solidifies Position as Regional Powerhouse, Emerging as Africa’s Renewable Energy Leader
Feb 1, 2026 1748
Addis Ababa, February 1, 2026 (ENA— Ethiopia is translating long-held development ambitions into concrete achievements, reinforcing its role as a regional powerhouse and positioning itself as Africa’s leading renewable energy hub, according to the Government Communication Service (GCS). In a statement released today, GCS highlighted the inauguration of major development projects under the leadership of Prime Minister Abiy Ahmed, noting that these milestones reflect Ethiopia’s growing influence as a driver of economic transformation and regional integration in East Africa. Among the key projects inaugurated is the Aysha-II Wind Farm, the first of its kind along East Africa’s premier wind corridor. The project marks a significant step toward Ethiopia’s renewable energy sovereignty, supplying reliable power to domestic industries while strengthening economic and energy cooperation with neighboring countries. The statement also pointed to the opening of the Shebele Resort as evidence of Ethiopia’s commitment to integrating cultural heritage with modern tourism development. By leveraging its natural and historical assets, the country aims to expand tourism revenues and create new opportunities for sustainable economic growth. Prime Minister Abiy Ahmed, quoted in the statement, said the true measure of success lies not only in launching projects but in cultivating a culture of efficiency and completion. “The greatest victory today is not only completing projects but fostering a culture of efficiently starting and finishing transformative initiatives. This is our identity,” he said. According to GCS, the Prime Minister emphasized Ethiopia’s capacity to implement rapid, large-scale development through focused leadership and strong public unity. The presence of regional leaders at the inauguration ceremonies further underscored Ethiopia’s inclusive development vision, which seeks to extend benefits beyond its borders and deepen regional cooperation. Ethiopia’s expanding portfolio of clean energy projects—spanning hydropower, geothermal, and wind—has positioned the country as a continental and global leader in sustainable development. These initiatives are contributing to reduced greenhouse gas emissions while ensuring long-term energy security for the region. The statement also noted that the transformation of formerly conflict-affected areas into centers of development sends a powerful message that peace and progress are mutually reinforcing. Ethiopia’s shift from aspiration to achievement, the statement concluded, reflects its determination to serve as a source of pride for Africa. The government reaffirmed its commitment to continued collaboration with neighboring countries to promote shared prosperity and called on citizens to seize this historic moment as a foundation for sustained growth and excellence.
Adwa Victory Memorial Emerges as Powerful Symbol of Ethiopia’s National Heritage, Draws Visitors
Feb 1, 2026 525
Addis Ababa, February 1, 2026 (ENA—The Adwa Victory Memorial continues to attract thousands who see it as a vibrant symbol of Ethiopia’s historic stand against colonialism and a testament to the nation’s enduring spirit. This landmark commemorates the 1896 Battle of Adwa, where Ethiopian forces achieved a decisive victory over Italian invaders, safeguarding the country’s sovereignty and inspiring oppressed peoples across the globe. Yoseph Beka, Director General of the Adwa Victory Memorial, told ENA that over 350,000 visitors from Ethiopia and abroad toured the site in the last six months, underscoring its significance not only as a historical monument but also as a place for reflection and education. He highlighted the deep pride Ethiopians feel for their ancestors’ sacrifices, which resonate beyond Ethiopia’s borders, inspiring Black communities worldwide. At a time when much of Africa was under colonial rule, the victory preserved Ethiopia’s independence and made the country a global symbol of resistance, dignity, and self-determination for African and Black peoples worldwide. The battle united Ethiopians from across regions and backgrounds under the leadership of Emperor Menelik II and Empress Taytu Betul, leaving a legacy that continues to inspire generations. He emphasized that the sacrifice of Ethiopia’s forefathers in defending the country’s honor and independence remains a profound source of pride, not only for Ethiopians but also for oppressed Black peoples worldwide. The Adwa Victory, celebrated annually, is recognized as one of the greatest triumphs of Black peoples against colonial aggression, underscoring its lasting historical and symbolic importance. Built in the heart of Addis Ababa, the memorial was established to preserve and pass on to future generations the legacy of heroism, unity, and patriotism demonstrated at Adwa. It serves to deepen understanding of the price paid for national unity and inspire citizens to contribute to the country’s shared goals. Yoseph described the memorial as a permanent tribute to the fierce struggle of Ethiopia’s ancestors, a living testimony that helps current and future generations grasp the history of the Adwa victory and foster a shared national narrative. He also noted the memorial’s role as a major tourism destination, with more than 10,000 of the recent visitors being teenagers, a meaningful indicator of growing historical awareness and collective identity among youth. “The Adwa Victory Memorial narrates our shared history, anchors our hopes for tomorrow, and forms the foundation of our collective narrative,” he said, adding that today’s generation, like the heroes of Adwa, is expected to make its own lasting contribution to the country’s development. Ethiopians living abroad have also expressed strong appreciation for the memorial and said the site vividly illustrates the immense sacrifice their ancestors made for the unity and sovereignty of the nation. Kia Yadene, an Ethiopian born in Italy, said the Adwa Victory Memorial powerfully commemorates the extraordinary struggle of Ethiopian patriots and serves as a national narrative that conveys hope and courage not only to Ethiopians but also to Black people around the world. Another visitor, Azeb Yadene, an Ethiopian living in California, the United States, shared her experience during her first visit. “It’s my first time here, and it’s very beautiful. I know that it was built two years ago to commemorate the many Ethiopians who refused to surrender to colonialism,” she said. “The sacrifices of Ethiopians during that time were a great inspiration not only for Ethiopia but also for Africa, and they sent a powerful message to the world. I am very happy to be here,” she added. According to her, the memorial offers an important opportunity to learn more about the history of Adwa and pass it on to future generations.
Ethiopia’s Clean Energy Drive Anchored in Regional Integration, Connectivity: PM Abiy
Jan 31, 2026 987
Addis Ababa, January 31, 2026 (ENA) —Ethiopia’s clean energy development strategy is firmly anchored in regional integration and cross-border connectivity, Prime Minister Abiy Ahmed said, underscoring that the country’s energy ambitions are inseparable from cooperation with neighboring nations. The Prime Minister made the remarks on Saturday while inaugurating the Aysha II Wind Power Project in the Somali Region, alongside President Ismail Omar Guelleh of Djibouti and Somali President Hassan Sheikh Mohamud. The Aysha II project has a total installed capacity of 120 megawatts, with 80 megawatts from its first phase already connected to the national grid, marking a significant step in Ethiopia’s renewable energy expansion. Speaking at the inauguration ceremony, Prime Minister Abiy said Ethiopia has reached a defining moment where national development goals are closely linked to energy growth. “By expanding our renewable energy sources, we are lighting up every corner of the country—not just its streets, but also the hopes and prosperity of our people,” he said. The Prime Minister noted that the Aysha II project reflects Ethiopia’s pursuit of self-reliance through collective effort and effective utilization of local resources, emphasizing that clean energy is central to the country’s long-term economic transformation. He stressed that Ethiopia’s clean energy agenda aligns with global economic trends and climate priorities, adding that sustained investment in energy infrastructure forms the backbone of sustainable growth. Highlighting the link between energy development and environmental protection, Prime Minister Abiy cited the Grand Ethiopian Renaissance Dam (GERD) as a flagship achievement constructed entirely with domestic resources. “The GERD stands as a source of pride for Africans and a practical example of what clean energy cooperation can achieve,” he said. According to the Prime Minister, Ethiopia’s renewable energy vision extends beyond domestic needs and is designed to strengthen ties with neighboring countries. He noted that Ethiopia is working closely with Djibouti on energy, water management, and infrastructure, while parallel efforts are underway to deepen energy and transport connectivity with Somalia and South Sudan. In this context, the commissioning of the first phase of the Aysha II wind farm was described as a milestone in reinforcing regional cooperation and shared development. Prime Minister Abiy also said Ethiopia’s progress in clean energy contributed to its selection as host of the upcoming COP-32 Summit, noting that the country is prepared to showcase Africa’s ambitions and solutions on the global stage. He concluded by emphasizing the vast potential of East Africa, stating that coordinated regional action could secure reliable energy futures for individual countries while delivering broad economic and environmental benefits across the region.
GERD Boosting Regional Power Connectivity, Says Water and Energy Minister
Jan 31, 2026 683
Addis Ababa, January 31, 2026 (ENA) —The Grand Ethiopian Renaissance Dam (GERD) is serving as a catalyst for Ethiopia's developmental transition and fostering regional economic cooperation through enhanced power connectivity, Water and Energy Minister Habtamu Iteffa said. In an exclusive interview with ENA, Habtamu emphasized that the GERD, constructed independently, not only accelerating Ethiopia's development transition but also amplifying energy connectivity among countries of the religion while generating mutual economic benefits. He elaborated the pivotal role of water resources in ensuring energy supply, achieving food sovereignty, and supporting industrial transformation. According to Habtamu, Ethiopia's successes in both urban and rural industrial and agricultural development owe much to the power and irrigation infrastructure reliant on water resources. The Minister noted that the completion of the GERD has doubled Ethiopia's power generation capacity to 9.6 gigawatts. In the past six months alone, 1.1 gigawatts of power have been produced, significantly advancing industrial and agricultural transformation in both urban and rural areas, he added. Residents in off-grid rural regions now also benefit from electricity sourced from solar, wind, and biogas. Notably, the investment in power supply infrastructure is enhancing Addis Ababa's urban landscape and industrial productivity, marking a considerable achievement, he stated. The GERD stands as a testament to Ethiopian ingenuity and self-reliance, instilling pride across the African continent, he indicated. Habtamu pointed out that Ethiopians have demonstrated the power of self-reliance in the dam’s construction, resistant to external pressures, reiterating the dam's role in fostering shared economic blessings and improved energy connectivity in the region. Nearly 21,000 kilometers of power transmission infrastructure have been installed in recent years, linking Ethiopia with its neighbors and enhancing trade and investment opportunities, he explained. Additionally, the dam ensures reliable water flow to downstream Nile basin countries, mitigating flood risks. The Minister also revealed that an integrated master plan will be initiated for Lake Nigat and its surrounding areas to leverage social and economic benefits in sectors such as fisheries and tourism.
Ethiopia’s Remarkable Dev’t Strides Vital for Regional Growth: President Hassan Sheikh Mohamud
Jan 31, 2026 877
Addis Ababa, January 31, 2026 (ENA) —The impressive development milestones achieved by the people and government of Ethiopia play a pivotal role in the economic advancement of the Horn of Africa, President of Somalia Hassan Sheikh Mohamud stated. The President shared these remarks during the inauguration of the Aysha-2 Wind Power Project; an event presided over by Prime Minister Abiy Ahmed. Located in the Somali Regional State, the Aysha-II project possesses a total generation capacity of 120 MW. The first phase, capable of producing 80 MW, officially commenced operations today. Speaking at the inaugural ceremony, President Mohamud extended his congratulations to the Ethiopian people and government for their successes across various development sectors. He noted that Ethiopia continues to register extraordinary achievements through the implementation of massive infrastructure projects. "The time is now for us to work together to accelerate regional growth," the President remarked, emphasizing that sustainable peace and infrastructural integration are essential pillars for the prosperity of the region. The President further commended the committed leadership of PM Abiy Ahmed, noting that his dedication to accelerating Ethiopia's progress is ensuring the nation's natural resources are effectively utilized for the benefit of its citizens. He highlighted that Ethiopia's success in generating renewable electricity from water and other green energy sources plays a significant role in building a climate-resilient environment. In conclusion, President Mohamud reaffirmed that the government and people of Somalia remain dedicated to strengthening cooperation and sharing in the fruits of Ethiopia’s development journey for the mutual benefit of both nations. The impressive development milestones achieved by the people and government of Ethiopia play a pivotal role in the economic advancement of the Horn of Africa, President of Somalia Hassan Sheikh Mohamud stated. The President shared these remarks during the inauguration of the Aysha-2 Wind Power Project; an event presided over by Prime Minister Abiy Ahmed. Located in the Somali Regional State, the Aysha-II project possesses a total generation capacity of 120 MW. The first phase, capable of producing 80 MW, officially commenced operations today. Speaking at the inaugural ceremony, President Mohamud extended his congratulations to the Ethiopian people and government for their successes across various development sectors. He noted that Ethiopia continues to register extraordinary achievements through the implementation of massive infrastructure projects. "The time is now for us to work together to accelerate regional growth," the President remarked, emphasizing that sustainable peace and infrastructural integration are essential pillars for the prosperity of the region. The President further commended the committed leadership of PM Abiy Ahmed, noting that his dedication to accelerating Ethiopia's progress is ensuring the nation's natural resources are effectively utilized for the benefit of its citizens. He highlighted that Ethiopia's success in generating renewable electricity from water and other green energy sources plays a significant role in building a climate-resilient environment. In conclusion, President Mohamud reaffirmed that the government and people of Somalia remain dedicated to strengthening cooperation and sharing in the fruits of Ethiopia’s development journey for the mutual benefit of both nations.
Ethiopia’s Development Milestones Catalyze Regional Prosperity, Says President Ismail Omar Guelleh
Jan 31, 2026 599
Addis Ababa, January 31, 2026 (ENA) — The President of Djibouti Ismail Omar Guelleh said that Ethiopia’s strides in development serve as a powerful engine for the economic integration and growth of the entire region. The President shared these insights during the inauguration of the Shebelle Resort by Prime Minister Abiy Ahmed, a ceremony graced by the presence of both President Ismail Omar Guelleh and Somali President Hassan Sheikh Mohamud. President Ismail Omar Guelleh characterized the Shebelle Resort as a landmark achievement that bolsters the burgeoning tourism integration within the Horn of Africa. He noted that the visionary leadership of Prime Minister Abiy Ahmed has resulted development projects that solidify regional linkages and that the resort stands as an evocative destination which will significantly elevate the standard of regional tourism. Furthermore, he explained that such infrastructure is instrumental in deepening the economic ties between sisterly nations. President Ismail Omar Guelleh also extended his appreciation to the people of the Somali Region for their dedication to peace, which has laid the groundwork for development projects that yield tangible public benefits. He further called upon the diaspora and local communities alike to actively participate in these nation-building efforts, ensuring that the dividends of development reach the people of Ethiopia and resonate across the wider region.
Ethiopia Inaugurates Landmark Aysha-II Wind Power Project
Jan 31, 2026 1348
Addis Ababa, January 31, 2026 (ENA) — Ethiopia reached a defining milestone in its journey toward energy sovereignty today with the official inauguration of the Aysha-II Wind Power Project in Somali Region, according to Office of the Prime Minister. This flagship initiative represents a decisive stride in diversifying the nation’s renewable energy portfolio and fortifying its green economy. According to the office, the project serves as a foundational pillar for a technology-driven economy. The successful completion of Aysha-II demonstrates Ethiopia’s unique capability to translate bold national aspirations into tangible reality. Located in the Somali Region, Aysha-II is strategically positioned to harness one of East Africa’s premier wind corridors. Inaugurating the landmark project, Prime Minister Abiy Ahmed noted that the facility is central to the national energy security strategy, boasting an annual generation capacity of 467 GWh. The project integrates advanced SCADA and SVG technologies, ensuring a stable and scalable power supply essential for modern industrial growth. Beyond domestic utility, the project leverages a significant geographic advantage. Its proximity to neighboring borders positions Ethiopia to become a central hub for regional energy trade, fostering deeper ties across the Horn of Africa. Guided by the principle of Medemer, the government remains committed to transforming Ethiopia’s vast natural endowments into shared resources. This approach seeks to physically and economically bind the region together, ensuring that the nation's renewable wealth contributes to collective prosperity and stability, the prime minister.
Shabeely Resort Significant Milestone in Making Ethiopia one of Africa’s Top Tourist Destinations: PM Abiy
Jan 31, 2026 745
Addis Ababa, January 31, 2026 (ENA) — Shabeely Resort marks a significant milestone in fulfilling the promise to make Ethiopia one of Africa’s top tourist destinations, Prime Minister Abiy Ahmed noted. PM Abiy today officially inaugurated the Shabeely Resort in the Somali region, a landmark 385-hectare development realized under the Dine for Generations initiative. This flagship project signifies a major leap in the national effort to harness Ethiopia’s diverse natural and cultural wealth for sustainable tourism growth, according to Office of the Prime Minister. “We inaugurated Shabeely Resort, one of the flagship projects under the Dine for Generations initiative, which spans 385 hectares,” Abiy stated following the inauguration. Shabeely is not only a resort, but also a living expression of the rich heritage of the Somali Region, seamlessly blending modern architecture with ancient traditions, he elaborated. For the Prime Minister, this eastern region project, among many others, marks a significant milestone in fulfilling our promise to make Ethiopia one of Africa’s top tourist destinations. The region’s abundant natural landscape, combined with the partnerships forged through Medemer’s endeavor, powerfully demonstrates that Ethiopia is not only a nation that dreams, but one that turns those dreams into reality, PM Abiy noted. Reflecting on the achievement, Office of the Prime Minister shared: "The Shabeely project, which is part of the Dine Initiative in the Somali region, with three restaurants serving up to 400 guests, a dedicated cultural venue, high-tech meeting halls, children’s play areas, and shaded walkways across its 15.4 km expanse, Shabeely is designed to foster connection and community.” From the 10,000-tree Fruit Park to the authentic Camel Park, every feature celebrates Ethiopia’s natural and cultural wealth, PMO Ethiopia stated, adding with 51 completed keys and world-class hospitality facilities, Shabeely marks a milestone in Ethiopia’s journey to become one of Africa’s top tourist destinations. PMO further elaborated that this project embodies the Medemer spirit—turning Ethiopia’s dreams into reality by transforming our abundant natural and cultural endowments into a shared heritage for the world.
PM Abiy Commends Somali Region’s Transformation at Shabeely Resort Inauguration
Jan 31, 2026 521
Addis Ababa, January 31, 2026 (ENA) — PM Abiy Ahmed officially inaugurated the Shabeely Resort today in Somali Region, hailing it as a testament to Ethiopia’s burgeoning status as a premier African tourism destination. The 385-hectare development, nestled within the Somali Region, stands as a crowning achievement of the ‘Dine for Generation’ initiative. During the ceremony, the Prime Minister reflected on the profound shift in the region's development trajectory. He noted that the Somali Region has evolved into a vibrant hub for mega-projects, ranging from thousands of kilometers of new roadways and vital gas projects to industrial milestones like car assembly plants. The Prime Minister spoke with particular admiration for the urban renewal unfolding in Jigjiga , the capital of Somali Region. He observed that the corridor development in Jigjiga has redefined the city's character, suggesting that the Somali people's unique architectural ingenuity and housing construction methods serve as a model that should be shared across the entire nation. Turning his attention to the local administration, PM Abiy praised the leadership for their exceptional dedication to both urban and rural progress. He remarked that the success of the Shabeely project is a source of pride not only for Ethiopians but also people of the Horn, describing the region's governance as an exemplary standard for the Horn of Africa. While celebrating these achievements, the Prime Minister shared a dual message for the future. He emphasized that the journey has only just begun, urging leaders to expand the grandeur of Jigjiga tenfold or even twentyfold until it becomes a jewel of the entire continent. He cautioned against the dangers of complacency, stressing that the immense potential of the region requires relentless labor. The Shabeely Resort itself is a sprawling sanctuary featuring a 10,000-tree fruit park, an authentic camel park, and over 15 kilometers of shaded walkways. With world-class hospitality facilities and high-tech meeting halls, the resort embodies the spirit of Medemer—the philosophy of blooming through collective synergy. PM Abiy concluded by expressing his deepest gratitude to those whose tireless efforts brought this vision to fruition, transforming Ethiopia’s natural endowments into a shared heritage for the global community.
PM Abiy Inaugurates Shabeely Resort
Jan 31, 2026 455
Addis Ababa, January 31, 2026 (ENA) — Prime Minister Abiy Ahmed today officially inaugurated the Shabeely Resort in the Somali region, a landmark 385-hectare development realized under the Dine for Generations initiative. This flagship project signifies a major leap in the national effort to harness Ethiopia’s diverse natural and cultural wealth for sustainable tourism growth. Reflecting on the achievement, office of the Prime Minister shared: "The Shabeely project, which is part of the Dine Initiative in the Somali region, with three restaurants serving up to 400 guests, a dedicated cultural venue, high-tech meeting halls, children’s play areas, and shaded walkways across its 15.4 km expanse, Shabeely is designed to foster connection and community.’’ According to the post: ‘‘From the 10,000-tree Fruit Park to the authentic Camel Park, every feature celebrates Ethiopia’s natural and cultural wealth. With 51 completed keys and world-class hospitality facilities, Shabeely marks a milestone in Ethiopia’s journey to become one of Africa’s top tourist destinations.’’ PMO further elaborated that this project embodies the Medemer spirit—turning Ethiopia’s dreams into reality by transforming our abundant natural and cultural endowments into a shared heritage for the world."
Italy, Its Companies Back Ethiopia’s Growth and Reform Drive, Says Ambassador Fabrizi
Jan 31, 2026 715
Addis Ababa, January 31, 2026 (ENA) — Italy and companies are ready to support Ethiopia’s economic growth and reform agenda, Italy’s Ambassador to Ethiopia, Sem Fabrizi, said in an exclusive interview with the Ethiopian News Agency (ENA). “Ethiopia is embarking on a strong economic growth and reform path, and Italy and Italian companies are prepared to support this trajectory,” Ambassador Fabrizi stated, underscoring the Italian government’s strong focus on Ethiopia. Ambassador Fabrizi, who noted that Ethiopia is entering an important phase of reform and development, stated that Italy and Italian companies stand ready to support this trajectory, including through participation in major national development projects such as the Grand Ethiopian Renaissance Dam (GERD) and the recently launched Bishoftu New International Airport project. He also highlighted Italy’s role in supporting Ethiopia within the European Union and in global forums. “Italy can leverage its friendship and partnership with Ethiopia in Europe, but also in other global forums such as the United Nations,” the Ambassador said, emphasizing the importance of coordinated engagement on regional and international issues. Areas of cooperation between Italy and Ethiopia cover education, skills development, scientific research, and cultural exchange as key priorities, alongside efforts to contribute to a stable, prosperous, and peaceful region, it was learned. Ambassador Fabrizi said that Italy aims to remain a reliable and close partner, sharing expertise and friendship to support Ethiopia’s long-term development, describing Ethiopia as a country with a long history and a young, dynamic population. He finally stressed the growing importance of diplomacy in an increasingly complex global environment, calling for dialogue and engagement as essential tools for peace and stability.
UNIDO Describes Ethiopia’s Industrial Transformation Model Developing Nations
Jan 30, 2026 889
Addis Ababa, January 30, 2026 (ENA) - The United Nations Industrial Development Organization (UNIDO) emphasized that Ethiopia’s ongoing industrial transformation, driven by sustained investment in energy, value addition and agro-industrial parks, is increasingly being recognized as a model for developing countries. In an exclusive interview to ENA, UNIDO Representative to Ethiopia Stephen Bainous Kargbo affirmed that the country’s experience shows how a clear and strategic industrial policy can accelerate broad based development and attract international attention. He underlined that energy has been the backbone of Ethiopia’s industrial progress, noting that industrialization cannot advance without reliable and expanded power supply. “Ethiopia’s focus on developing access to energy and having more installed energy capacity is very key to industrialization and therefore all forms of development,” Kargbo said. According to him, Ethiopia’s industrial drive is positioning the country as a major force in Africa’s industrial growth, with visible results in job creation, sustainability and shared prosperity. He further stressed that energy supports every sector of the economy and society. “Energy is for every aspect of life,” he said, adding that health, education and social services all depend on adequate energy supply. Kargbo also highlighted the performance of agro-industrial parks developed with UNIDO support, describing them as concrete evidence of Ethiopia’s industrial momentum. “Huge investments have been attracted to these industrial parks and large numbers of jobs have been created and more companies are showing interest,” he stated. He further noted that Ethiopia’s strong emphasis on value addition follows a proven development path taken by industrialized nations. “Building industries is something every developed country has taken as a step,” he said. Calling for inclusive and sustainable growth, the UNIDO representative emphasized the wide economic impact of industrial investment. “One dollar investment in industry or in manufacturing is able to generate multiplier effects in all other aspects, including the Sustainable Development Goals (SDGs),” he said. He added that industry has the potential to drive prosperity by creating jobs and income while protecting the environment and ensuring that growth benefits all segments of society. Ethiopia’s progress is also attracting growing international interest, with several countries visiting the country to learn from its experience in developing industrial parks. “Many other countries have come to Ethiopia… this is already for me an indication that more and more Ethiopia is going to serve as an example,” Kargbo said. He also reaffirmed UNIDO’s continued commitment to supporting Ethiopia through technology transfer, partnerships and industrial networks. “This is the route to development,” Kargbo said, adding, “I see that the future is bright.”
Grand Ethiopian Renaissance Dam Wins Africa Trade Chamber’s Industrial Energy Project of the Year Award
Jan 30, 2026 529
Addis Ababa, January 30, 2026 (ENA) - The Grand Ethiopian Renaissance Dam (GERD) has been named Industrial Energy Project of the Year by the Africa Trade Chamber, a prestigious recognition that underscores the project’s continental significance. According to the social media post of the Ethiopian Embassy in Accra, the award was presented during the Africa Trade Awards ceremony in Accra. "This honor highlights GERD’s role as a landmark investment in power generation capacity, energy security, and long-term industrial development across Africa," it added. The Africa Trade Chamber cited the project’s significant contribution to expanding Africa’s industrial energy base, supporting sustainable economic growth, strengthening trade development, and advancing regional economic integration. The Awards Committee also formally acknowledged the pivotal role of Ethiopian Electric Power (EEP) as the entity responsible for the management and operation of the dam. Representing the Ethiopian Electric Power (EEP), Acting Head of the Embassy of Ethiopia in Accra, Ambassador Asaye Alemayehu, attended the event and formally received the award on behalf of the organization. The ceremony was attended by high-level dignitaries, senior government officials, private-sector leaders, and media representatives from across Africa.
Int’l Trade Fair to Take Place in Addis Ababa Next Week
Jan 30, 2026 1201
Addis Ababa, January 30, 2026 (ENA) - An international trade fair aimed at promoting Ethiopia’s products and facilitating market linkages will take place at Meskel Square in Addis Ababa from 4th–8th February, 2026. The 15th Ethio-Chamber International Trade Fair, which is expected to bring together manufacturers, exporters, investors, and industry leaders across multiple sectors, also targets to foster trade partnerships and promote investment opportunities. Briefing the media today, Ethiopian Chamber of Commerce and Sectoral Associations (ECCSA) Secretary-General, Kenenisa Lemi said about 50 giant companies from 20 countries are expected to participate at the fair while more than five companies have already shown desire to invest in Ethiopia. In addition, more than 300 local companies will participate at the international trade fair. The Secretary-General stressed that the trade fair is pivotal in expanding trade and investment, promoting Ethiopian products and strengthening market linkages, among others. Domestic Trade Lead Executive Officer at the Ministry of Trade and Regional Integration, Liku Beneberu said the trade fair will be instrumental for Ethiopian products to be competitive in the global market. At a time when Ethiopia is striving to become a member of the World Trade Organization, such platforms have a great contribution to the promotion of the country's products and image building, he added. For Liku, the trade fair will play a significant role in stimulating the country's trade activities and attracting new foreign investments. According to the organizers of the trade fair, the international trade fair acts as a gateway for international and domestic stakeholders to showcase products and foster partnerships.
Barbadian PM Hails GERD as Model for Ending Africa’s Energy Poverty
Jan 30, 2026 1640
Addis Ababa, January 30, 2026 (ENA) -Barbadian Prime Minister Mia Amor Mottley has hailed Ethiopian Grand Ethiopian Renaissance Dam (GERD) as a powerful symbol of African self-determination, declaring it a living proof that the continent can defeat energy poverty even when locked out of international financing. Speaking in a widely watched interview with a globally renowned South African comedian, writer, producer, and television host, Trevor Noah, Mottley said Africa’s most urgent development crisis remains access to electricity, an issue often ignored amid global debates about artificial intelligence and advanced technology. “When the world is talking about technology, 600 million people out of 1.4 billion in Africa do not have electricity,” she said. Mottley pointed to Ethiopia’s flagship hydropower project as a historic achievement born out of resistance and resolve. She noted that major international financial institutions refused to finance the dam, forcing Ethiopians to rely entirely on domestic resources. “They turned inward between the central bank—the National Bank of Ethiopia) and ordinary citizens,” she said. “Citizens buying bonds, citizens giving donations. This is the 21st-century Adwa.” Her reference evoked the 1896 Battle of Adwa, where Ethiopian forces defeated Italian colonial troops, a victory that electrified the Black world and became a cornerstone of Pan-African consciousness. “Adwa showed the world that Black people could achieve something after centuries of domination and subjugation,” Mottley said, adding that the triumph helped lay the foundation for Pan-Africanism and later independence movements, including those inspired by the 1945 Manchester Pan-African Congress. Describing the sheer scale of the GERD, Mottley said the dam, the largest in Africa—stretches nearly two kilometers wide and rises approximately 550 feet. “You have to see it to believe it. I have never seen water move at that speed,” she said. Underscoring the political and symbolic weight of the project, she added: “They did it when the world said no. It took 14 years—but they did it.” Mottley warned that the same global systems that denied Ethiopia financing continue to reflect colonial-era power structures, cautioning that without urgent reform, today’s international economic and political order threatens the long-term stability of nations across the Global South. Her remarks positioned the GERD not only as an engineering feat, but as a continental manifesto—a statement that Africa can finance, build, and control its own future.
Ethiopia Triumphs in National Wheat Production, Harvest Surpasses 126 million Quintals in Six Months
Jan 30, 2026 601
Ethiopia’s ambitious journey toward food sovereignty has achieved a remarkable milestone, with national wheat production reaching 126.69 million quintals within the first two quarters of the 2018 Ethiopian calendar, Prime Minister Abiy Ahmed announced. In a social media post today, PM Abiy said: "Ethiopia’s National Wheat Program is anchored in the goal to shift the country to a self-sufficient producer by increasing productivity, expanding irrigated cultivation, strengthening seed systems, and supporting smallholder farmers in key regions. " He further said that, "During the first two quarters of the 2018 Ethiopian calendar, total national wheat production has already reached 126.69 million quintals, excluding output from irrigated wheat. I say well done and keep the momentum to our farmers!" ,PM Abiy said.
Ethiopia Expands Rural Roads and Essential Services to Boost Market Access
Jan 30, 2026 602
Addis Ababa, January 30, 2026 (ENA) -Ethiopia’s government is scaling up investments in rural roads and essential services to better connect farmers with local and regional markets, strengthening the movement of goods and resources nationwide, according to Office of the Prime Minister. The improved infrastructure is significantly reducing travel times and transportation costs, allowing farmers to bring their products to market more efficiently and increase their incomes. Beyond economic gains, enhanced connectivity is expanding access to critical services such as healthcare, education, and agricultural support. These efforts are helping to stimulate local economies, promote inclusive growth, and ensure that development reaches even the country’s most remote communities—empowering rural households to build more resilient and prosperous livelihoods.
Ethiopia, Brazil Sign Market Access Protocol that Enhances Ethiopia's Accession to WTO
Jan 29, 2026 1112
Addis Ababa, January 29, 2026 (ENA) - Ethiopia and Brazil have signed a Bilateral Market Access Protocol on trade in goods and services, an important milestone in Ethiopia’s accession process to the WTO. The Protocol was signed by Ambassador Tsegab Kebebew, Permanent Representative of Ethiopia to the United Nations Office at Geneva and other International Organizations in Switzerland, and Ambassador Guilherme de Aguiar Patriota, Permanent Representative of Brazil to the WTO, according to Ministry of Foreign Affairs. Speaking at the ceremony, Ambassador Tsegab described the signing as both a significant technical achievement and a political affirmation of the strong and growing partnership between Ethiopia and Brazil, rooted in South–South cooperation, multilateralism, and development-oriented engagement. He emphasized that the successful conclusion of the bilateral negotiations with Brazil represents a major step forward in Ethiopia’s WTO accession process and contributes meaningfully to Ethiopia’s deeper integration into the multilateral trading system. In his remarks, Ambassador Guilherme de Aguiar Patriota highlighted the longstanding and friendly relations between Brazil and Ethiopia and reaffirmed Brazil’s consistent support for Ethiopia’s efforts to accede to the WTO. He noted that Ethiopia’s membership would strengthen the multilateral trading system by bringing in a dynamic and growing economy, and reiterated Brazil’s commitment to supporting Ethiopia as it advances toward the successful completion of its accession. He further underlined Brazil’s strong interest in deepening economic relations with Ethiopia. Both Permanent Representatives expressed their appreciation to the WTO Secretariat for its continued support and facilitation of the process. The ceremony concluded with the exchange and formal deposit of the signed Protocol and its annexes with the WTO Secretariat, it was learned.
WB, Ethiopia Agree to Strengthen Partnership, Support for Macroeconomic Reforms
Jan 29, 2026 1204
Addis Ababa, January 29, 2026 (ENA) -The World Bank and Ethiopia have agreed to strengthen their partnership and continuous support to sustain the macroeconomic reforms. According to a press release of Ministry of Finance, World Bank Vice President for the Eastern and Southern Africa Region, Ndiame Diop, and Finance Minister Ahmed Shide had talks on the sidelines of the 27th Horn of Africa Initiatives Ministerial Meetings in Mogadishu, Somalia. During the meeting, the Minister briefed the Vice President on the role Ethiopia plays in the region and the importance of investing in regional integration. He also commended the World Bank for the strong partnership and portfolio performance. On his part, the Vice President congratulated the Government of Ethiopia on the achievements from the implementation of the macroeconomic reforms. Diop further reaffirmed the World Bank’s commitment to supporting Ethiopia’s development aspirations. The two parties have finally agreed on more collaboration to strengthen the partnership and continuous support to sustain the macroeconomic reforms, it was learned.