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Ethiopia’s Labor and Skills Ministry Sets Plan to Secure 800,000 Overseas Employment Opportunities
Dec 15, 2025 351
Addis Ababa, December 15, 2025 (ENA) —The Ministry of Labor and Skills is pursuing an ambitious target, aiming to facilitate overseas employment for 800,000 Ethiopian citizens during the current fiscal year, Labor and Skills Minister Muferihat Kamil said. Minister Muferihat Kamil made the remark at a meeting of Public Expenditure Administration and Control Affairs Standing Committee of the House of People’s Representatives (HPR), where the performance audit report of the ministry was reviewed. Muferihat said that the Ministry actively facilitates overseas employment as a key part of its job creation strategy, securing opportunities for a significant number of citizens in foreign countries while ensuring the safety, benefits, and rights of these workers. She emphasized the remarkable growth in overseas job placements, noting that opportunities surged from 40,000 in the 2014 EFY (Four Years ago) to over 500,000 by 2017 EFY, last June. “In 2014, only 40 Ethiopians secured job opportunities abroad. However, that number skyrocketed to 503,000 citizens employed overseas. The ministry is now actively working to send an additional 800,000 Ethiopians to work abroad in the current fiscal year,” she stated. In addition to increasing job opportunities, the ministry has entered into agreements with various destination countries over the past three years, including recent collaborations with Italy and a German company. She added that a satisfaction survey conducted among citizens working abroad is significantly increasing with their new found jobs. “We conducted a satisfaction survey among citizens working in Saudi Arabia, a key overseas job destination for Ethiopia. The results revealed that 90 percent of employees are satisfied with their jobs,” Muferihat said. Public Expenditure Administration and Control Affairs Standing Committee at the Ethiopian House of People’s Representatives, Yeshemebet Demsie commended the ministry's efforts, noting that the rise in legally employed Ethiopians overseas is encouraging. However, she emphasized the need for extensive work in deploying skilled manpower, enhancing training quality, and coordinating with relevant stakeholders. Yeshemebet also stressed the importance of leveraging local resources to create job opportunities, expanding training centers, and improving the data management of job seekers.
Addis Ababa Launches Coordinated Push to Position Itself as a Global Tourism Destination
Dec 15, 2025 468
Addis Ababa, December 15, 2025 (ENA) —Addis Ababa has been accelerating coordinated efforts to position itself as a vibrant and globally competitive tourism destination. City leaders underscore renewed political commitment, institutional reforms, and flagship urban projects aimed at transforming the capital into a leading frontier city for international tourism. The first Addis Ababa City Tourism Forum opened in the capital today. A two-day dialogue brought together tour operators, hotel owners, federal and regional officials, and tourism experts to discuss the opportunities, challenges, and strategies shaping the city's tourism future. Addressing the forum, Addis Ababa City Council Speaker Buzena Alkedir emphasized Ethiopia’s vast and diverse tourism resources had long remained underutilized due to the absence of platforms that bring stakeholders together to jointly unlock the sector’s potential. “Despite our immense tourism endowments, there has been a gap in coordination and dialogue,” she said. “This forum is designed to fill that gap and create a shared vision for developing Addis Ababa as a competitive tourism destination.” She noted that the forum is expected to strengthen public private collaboration, encourage innovation, improve access to finance, enhance tourism marketing and promotion, facilitate information exchange and address pressing sectoral challenges. Buzena said the City Administration has intensified its efforts to boost tourism alongside major urban transformation initiatives, including corridor development and riverside development projects, which have already contributed to increased tourist inflows into the city. Addis Ababa Tourism Commissioner Hunde Kebede, on his part, said the federal government has given special attention to tourism as a key pillar of the economy under the homegrown economic reform agenda. “Tourism is now treated as a strategic economic sector,” he said. “For the first-time, large-scale tourism projects initiated by Prime Minister Abiy Ahmed have been developed, contributing not only to sector growth but also to the country’s image building.” Hunde added that city level initiatives such as corridor development, riverbank projects and the construction of grand conference halls are reshaping Addis Ababa’s urban landscape and enhancing its visibility as a tourism and meetings destination. “Beyond addressing infrastructure needs, corridor development is playing a critical role in expanding tourism opportunities and improving the city’s global appeal,” he said. As part of its institutional reform, the city administration recently established the Addis Ababa Tourism Commission to lead and coordinate tourism promotion, destination development, hospitality standards and stakeholder engagement. Since its establishment, the Commission has undertaken efforts to promote both newly developed and existing tourism destinations, which includes the "Visit Addis Ababa" website and social media platforms as well as mobile application is currently under development, he mentioned.
Ethiopia Intensifies Efforts to Achieve Agricultural Transformation and Ensure Food Security, Minister Adisu
Dec 15, 2025 769
Addis Ababa, December 15, 2025 (ENA) —Minister of Agriculture, Adisu Arega, announced today that a range of critical initiatives are being rigorously implemented to realize Ethiopia’s agricultural transformation agenda and ensure national food security. The announcement came during a handover ceremony of essential field vehicles, motorbikes, and motorized water pumps to regional states and federal executive institutions. As Ethiopia continues to advance its agricultural transformation agenda, the country is increasingly embracing mechanized farming as a cornerstone of its development strategy. Agriculture remains the backbone of Ethiopia’s economy, employing a large share of the population and contributing significantly to national GDP. Mechanized farming has been instrumental in expanding wheat production and generating surplus supplies, marking notable successes in the sector, it was indicated. The equipment, procured under the Ministry of Agriculture's Food System Resilience Program and the Ethiopia Climate-Resilient Wheat Value Chain Development Project, includes 267 field vehicles, 1,854 motorbikes, and 2,289 water pumps, with a total value of approximately 2 billion Ethiopian Birr, funded by various development partners. During the handover ceremony, Minister Adisu emphasized the government’s ongoing commitment to agricultural transformation. He outlined plans to bring previously uncultivated land into production and promote multi-cropping systems, enabling farmers to harvest more than twice a year. Complementary efforts are also underway to expand mechanization and enhance financial accessibility for farmers. “These holistic initiatives are vital not only for ensuring food security but also for stimulating rural economic growth,” Minister Adisu said, underscoring the transformative impact of the government’s agricultural programs. According to him, these holistic efforts, Adisu concluded, are vital for guaranteeing national food security and stimulating the rural economy.
Award-Winning African Journalists Applaud Addis Ababa’s Rapid Transformation
Dec 15, 2025 577
Addis Ababa, December 15, 2025 (ENA) —Award-winning African journalists have praised Addis Ababa for its unprecedented development surge, describing Ethiopia’s capital as a fast-evolving city marked by modern infrastructure, cultural vibrancy, and inclusive growth. The journalists shared their impressions with the Ethiopian News Agency (ENA) after being recognized at the prestigious African Media Awards, jointly organized by the African Union of Broadcasting (AUB) and the Patrice Lumumba Foundation. The awards ceremony, hosted in Addis Ababa last week, evaluated more than 800 media entries from over 40 African countries, honoring 21 finalists and special award recipients in the presence of senior politicians and media leaders. Participants expressed surprise at the city’s rapid progress, citing new high-rise developments, improved services, a growing economy, strong connectivity, and a dynamic cultural scene. Ethiopia’s capital, Addis Ababa, also the political capital of Africa as host of the African Union—has in recent years embarked on an ambitious and wide-ranging infrastructure development program aimed at transforming the city into a smart, modern urban center. Driven by rapid urbanization and the need for sustainable growth, the initiative focuses on upgrading transport networks, expanding digital connectivity, modernizing public services, and developing smart governance systems to improve efficiency and quality of life, it was learned. Observers note that these efforts are designed to strengthen Addis Ababa’s role as a continental diplomatic hub, support economic expansion, enhance service delivery, and position the city as a model for smart urban development in Africa. In that regard, Ayanda Holo, President of TV BRICS Africa, said Addis Ababa’s transformation is increasingly visible with each visit. He emphasized that the city’s progress is driven by local residents and praised its inclusive urban development approach that strengthens community ties and ensures peaceful access to public spaces. RT correspondent Athi Mtongana described Addis Ababa as a city where natural beauty, rich history, and modern architecture coexist seamlessly. She highlighted the warmth of the people, vibrant markets, and lively music, noting the city’s unique blend of tradition and modernity. First-time visitor Francis Nyerere, grandson of Tanzania’s founding father Julius Kambarage Nyerere, said he was deeply impressed by the hospitality of Addis Ababa’s residents and the city’s historical landmarks, which he described as culturally enriching. Arise News Nigeria award winner Favour Barbara George also shared her admiration, pointing to landmarks such as Unity Park and the city’s modern AI complex as symbols of Addis Ababa’s balanced development. She underscored the strong cultural ties between Ethiopia and Nigeria and encouraged Africans to experience the city firsthand. The journalists collectively described Addis Ababa as a city of opportunity, resilience, and transformation—positioning it as a leading hub of Africa’s urban and cultural renaissance.
Ethiopia Sustains Economic Initiatives to Drive Regional Integration in Horn of Africa: Expersts
Dec 14, 2025 1402
Addis Ababa, December 13, 2025 (ENA) —Ethiopia is carrying its continued inspiring endeavors that strengthen economic cooperation and regional integration in the Horn of Africa, according to veteran experts. Approached by ENA, experts in the field noted that Ethiopia is strengthening its commitment in carrying out activities to ensure peace, development and regional integration in the Horn of Africa. International Water Law researcher Kebede Gerba noted that Ethiopia’s development of its natural resources is generating benefits that extend beyond its borders. He emphasized that large-scale infrastructure projects play a crucial role in promoting economic integration and shared growth across the region. Ethiopia has steadily positioned itself as a catalyst for regional integration by investing heavily in transformative infrastructure, particularly in the energy and transport sectors. Major hydropower projects and regional power-interconnection lines have enabled the country to export electricity to neighboring states, fostering economic interdependence and mutual development. Similarly, the expansion of key road corridors linking Ethiopia with Djibouti, Kenya, Sudan, and Somalia has strengthened trade flows, reduced transportation costs, and improved access to ports and regional markets. These developments, Kebede added, demonstrate Ethiopia’s continued leadership in connecting neighboring countries through energy and infrastructure. On his part, Foreign Relations and Peace Affairs Standing Committee Deputy Chairman at the House of Peoples’ Representatives, Fethi Mahdi, said Ethiopia’s historic role in supporting Africa’s liberation from colonialism remains unforgettable. He further affirmed that Ethiopia’s ongoing commitments and concrete measures to promote peace and security in the region have gained global recognition. Tilahun Tefera, a senior researcher at the Policy Studies Institute, highlighted that Ethiopia is working closely with neighboring countries in a spirit of friendship to achieve mutual development and sustainable growth. He stressed that these efforts prioritize comprehensive cooperation, common development, and the establishment of lasting peace and security in the Horn of Africa. According to the experts, Ethiopia has further strengthened its regional role by deepening peaceful relations with its neighbors to advance shared prosperity. Emphasizing that the peoples of the region share common identities and values, they underscored the importance of utilizing regional resources in a fair, equitable, and mutually beneficial manner.
From Heritage to Hospitality: Ethiopia’s New Tourism Projects Redefine Global Travel
Dec 14, 2025 2497
By Staff Writer Addis Ababa, December 14, 2025 (ENA) —In recent years, Ethiopia’s tourism sector has gained remarkable momentum, fueled by substantial government investments and forward-thinking initiatives aimed at positioning the country as a premier global destination. Over the past six years, the government has actively expanded new tourist destinations nationwide, including in Addis Ababa, through the innovative “Dine for Nation” initiative. This strategic push marks a significant milestone for the East African nation, enhancing its role not only in regional tourism but also on the global stage. Home to stunning landscapes, rich cultural traditions, and extraordinary historical sites, Ethiopia is now blending its heritage with modern tourism infrastructure to attract international travelers and drive sustainable economic growth. This initiative has paved the way for the development of several world-class tourist destinations, modern lodges, and resorts built to international standards, spearheaded by Prime Minister Abiy Ahmed. By harnessing Ethiopia’s rich cultural and natural heritage, these efforts aim to boost economic growth while increasing the country’s appeal to international visitors. Among the flagship projects under the “Dine for Ethiopia” program are Halala Kela Resort, Wonchi Eco-Tourism, and Gorgora Resorts and Lodges, designed to attract both domestic and international tourists. Another notable development is Elephant Paw Lodge in Chebera Churchura National Park, offering unique eco-tourism experiences that highlight Ethiopia’s biodiversity. Additionally, the newly inaugurated Beynouna Village is emerging as a key attraction, generating revenue for the government while providing economic benefits to local communities. These projects collectively are reshaping Ethiopia’s tourism landscape, creating a supportive environment for sector growth and positioning the country as a must-visit destination for travelers worldwide. Globally, tourism is projected to generate over $16 trillion in revenue and create approximately 450 million jobs in the coming decade. Ethiopia’s comprehensive initiatives, including the development of Beynouna Village and other innovative projects, are ensuring that the nation taps into this growing global market while elevating visitor experiences through upgraded lodging facilities and world-class services. With its historical sites, natural beauty, and cultural richness, Ethiopia is steadily emerging as a leading tourist destination in Africa. Through visionary leadership and strategic investment, the country is set to attract international travelers and showcase its unparalleled heritage to the world. Discover Ethiopia’s remarkable new tourism destinations and experience the future of travel in this vibrant nation.
Namibian Official Hails Ethiopia as Wheat Production Model, Urges Africa-Wide Unity on Food Security
Dec 14, 2025 1148
Addis Ababa, December 14, 2025 (ENA) —Namibia’s Deputy Minister of Agriculture, Fisheries, Water and Land Reform, Ruth Masake, has praised Ethiopia’s expanding wheat production as a model for Africa, while calling for stronger continental cooperation to address food insecurity. In an interview with the Ethiopian News Agency, Masake said Ethiopia’s wheat gains, alongside Namibia’s developing winter wheat schemes, demonstrate the continent’s growing potential to improve food production through coordinated efforts. Ethiopia’s rapid expansion of wheat production has emerged as one of Africa’s most notable agricultural success stories, transforming the country from a major wheat importer into an increasingly self-sufficient producer and exporter within a short period. For decades, wheat consumption in Ethiopia outpaced domestic production, forcing the country to rely heavily on imports to meet growing demand driven by population growth and urbanisation. However, sustained government commitment, combined with targeted investments and farmer mobilisation, has reshaped the sector, it was learned. Masake stressed that deeper collaboration among African states could unlock solutions to persistent agricultural challenges. She said harmonised policies, technical partnerships, and formal agreements are essential to accelerating progress and ensuring collective growth. She highlighted the importance of investing in education and technical capacity, particularly in plant health, animal disease management, and biosecurity, to strengthen intra-African agricultural trade. Masake also called for the removal of unnecessary import charges within the continent, warning that such barriers hinder regional trade and limit food availability. Continued dialogue among African nations, she added, is critical to building resilience against climate-related shocks. Emphasising innovation, Masake urged greater investment in drought-resistant seeds, climate-smart agricultural practices, and closer engagement with farmers, noting that knowledge-sharing among African experts could help maximise wheat’s nutritional and economic value. Meanwhile, Andrey Dalnov, a representative of the Russian Agricultural Bank, underscored the importance of mutual learning between Africa and Russia, particularly in understanding how climate change is reshaping agricultural production. Speaking at the International Conference on Ensuring Food Sovereignty for African Countries held in Addis Ababa in November 2025, Dalnov described the forum as a key platform for strengthening direct trade relations. He proposed a complementary production model in which African countries focus on high-value crops such as fruits and vegetables, while Russia supplies bulk grains. Dalnov also criticised unequal global value chains, citing Ethiopian coffee that sells for high prices internationally while farmers receive only a minimal share. Expanding direct trade partnerships, he said, would help ensure producers benefit more fairly from their products.
Ethiopia, South Korea Deepen Strategic Construction and Investment Partnership
Dec 13, 2025 1145
Ethiopia and South Korea have taken a major step toward deepening long-term economic and construction-sector partnerships through the Ethio–Korea Specialty Contractors Business Forum held in Addis Ababa. The forum opened the door for concrete project implementation by Korean contractors, backed by feasibility studies and risk analysis, signaling real investment momentum rather than just discussion. South Korea reaffirmed its position as one of Ethiopia’s key strategic partners in manufacturing, infrastructure, energy, ICT, digital systems, and industrial modernization. Korean companies were praised for their high-quality construction, engineering excellence, discipline, and accountability, setting strong benchmarks in Ethiopia. With Korea Specialty Contractors Association (KOSCA) representing 60,000 companies and 2 million experts, Korea committed to sharing advanced construction technology, skills development, education, and training, directly supporting Ethiopia’s ambitious infrastructure expansion. Ethiopian officials highlighted that the partnership aims to evolve from projects to long-term investment ecosystems, while Korea’s Embassy pledged full support to ensure a stable and investor-friendly environment. Overall, the forum marks a high-impact turning point toward shared growth, technology transfer, and sustained economic cooperation between Ethiopia and South Korea.
New Zealand’s Outgoing Envoy Praises Ethiopia’s Transformation, Reaffirms Strong Bilateral Ties
Dec 13, 2025 1743
Addis Ababa, December 13, 2025 (ENA) —Outgoing New Zealand Ambassador Michael Upton praised Ethiopia’s visible physical transformation while reaffirming his country’s commitment to expanding engagement across diverse spheres. Following the completion of his tenure as New Zealand’s envoy to Ethiopia, Ambassador Upton recently held talks with President Taye Atske Selassie and subsequently gave an exclusive interview to ENA. Citing his conversation with the president, the ambassador noted that, despite the currently modest trade relationship, New Zealand is seeking to strengthen bilateral ties, particularly in the areas of trade, services, and technology. “We have a small trade relationship, and we are exploring ways to grow it, particularly in the areas of services and technology. We also have development cooperation in areas such as geothermal energy, food systems, climate-smart agriculture, and education scholarships,” he noted. He also highlighted New Zealand’s ongoing support in geothermal energy development, agro-food systems, climate-smart agriculture, education, scholarships, and humanitarian assistance. Upton also emphasized the importance of Ethiopia’s aspiration toward resilience and self-reliance. The ambassador acknowledged the visible transformations taking place in Addis Ababa, stating that the physical changes in the city are “undeniable.” He underlined the need to focus as well on addressing the human cost of development as part of a resilient nation including issues related to housing, public transportation, and support for vulnerable communities. Speaking on Ethiopia’s far-reaching reforms, Ambassador Upton observed that the country is advancing key initiatives, including homegrown economic reforms, the national dialogue process, and efforts toward accountability and transitional justice, describing them as complex, long-term processes unfolding in parallel. The ambassador shared his views on the geopolitical dynamics in the Horn of Africa, highlighting Ethiopia’s leading role and its commitment to maintaining dialogue with neighboring countries to promote regional stability. The outgoing ambassador expressed hope that win-win solutions would prevail through sustained dialogue to ensure durable regional stability. He particularly urged countries in the Horn of Africa to capitalize on their shared interests. Upton said New Zealand is finalizing arrangements with the African Union to establish a facility that will support Ethiopia and other countries in the region in geothermal development. He further confirmed that New Zealand will continue its scholarship program, with Ethiopian students set to travel to New Zealand in the coming year to study geothermal energy and agriculture. Diplomatic relations between Ethiopia and New Zealand are rooted in early informal support dating back to the 1930s, when New Zealand backed Ethiopia’s sovereignty at the League of Nations following Italy’s invasion of the country. This gesture is widely regarded as the foundation of the long-standing goodwill between the two nations. The relationship has since been strengthened through formal diplomatic engagement. Notably, New Zealand opened its embassy in Addis Ababa in June 2013. In turn, the Ethiopian Embassy in Canberra has been accredited to cover New Zealand, further solidifying bilateral ties.
Ethiopia Sees Strong Investment Growth and Revival, Says Commissioner Zeleke
Dec 13, 2025 687
Addis Ababa, December 13, 2025 (ENA) —Investment has been showing significant growth and revival in Ethiopia due to the activities undertaken to create enabling environment for investors, Ethiopian Investment Commissioner Zeleke Temesgen said. A joint consultative forum of investment executives from federal, regional, and city administrations is taking place in Harar city. Speaking on the occasion, Investment Commissioner Zeleke Temesgen said diverse measures have been taken to address challenges in the sector and leap forward. During the reform period, he noted that a conducive investment climate has been created for both domestic and foreign investors. The primary drivers behind the growth and revitalization are the revisions made to over 130 laws, proclamations, guidelines, and procedures. Accordingly, sectors closed to investors were opened up; and investments have been showing substantial growth and expansion. The Commissioner further expressed his hope that the forum will enhance collaboration, pinpoint challenges, and foster a coordinated approach to define roles and responsibilities. Harari Regional State Deputy Chief Administrator, Rosa Umer said efforts are underway to generate foreign exchange by effectively leveraging the manufacturing sector, diversifying products, and enhancing marketing strategies. She underscored that the regional government is committed to supporting investors in harnessing the region's abundant resources. The support will be complemented by strengthening comprehensive development initiatives, aimed at advancing the region's growth and overall prosperity, Rosa added. Federal, regional and city administrators, investment and industry bureau heads are taking part in the forum.
Vietnam, African Nations Seek Stronger Economic Ties at ‘Meet Africa 2025’
Dec 12, 2025 851
​​​​​​Addis Ababa, December 12, 2025 (ENA)— Seeking to tap the potential of two emerging markets, Vietnamese enterprises and African diplomats gathered in Hanoi for the “Meet Africa 2025” event, a push to expand trade, diversify investment flows, and strengthen long-term economic partnerships. The event brought together ambassadors and representatives from 11 African countries, including Algeria, Angola, Egypt, Ethiopia, Chad, Gabon, Equatorial Guinea, Somalia, Senegal, Nigeria, and the Democratic Republic of the Congo. Officials from several Vietnamese ministries and leaders of major enterprises also attended. Earlier today, Ethiopia and Vietnam reaffirmed their commitment to shared prosperity as Ethiopian Ambassador to Republic of Korea, Dessie Dalkie met with Deputy Foreign Minister Nguyen Minh Hang during the Meet Africa 2025 roundtable, strengthening a growing partnership in economic and diplomatic cooperation. In her opening remarks, Vietnamese Deputy Foreign Minister Nguyen Minh Hang emphasized the long-standing friendship between Vietnam and African nations, rooted in shared historical struggles for independence and aspirations for development. She noted that Vietnam’s goal of becoming a high-income country by 2045 aligns well with Africa’s emergence as a major global growth engine, creating a strong foundation for deeper partnership. Hang highlighted vast cooperation potential in infrastructure, energy, green transition, digital transformation, tourism, agriculture, and food security. She affirmed Vietnam’s readiness to share its experiences in economic reform, development, and global integration with African partners. To strengthen Vietnam–Africa relations in a more substantive manner, the Deputy Minister stressed the essential role of businesses. She affirmed that her country will continue to create favorable conditions for Vietnamese enterprises to expand cooperation with African countries. She also called on ministries, localities, and companies to be more proactive in building connections, pledging the Foreign Ministry’s support to elevate bilateral ties into a model of South–South Cooperation. African ambassadors expressed admiration for Vietnam’s socio-economic achievements over 40 years of Doi moi (Renewal) and voiced interest in learning from the country’s development path and governance reforms. They urged reputable Vietnamese firms to explore investment opportunities in Africa, particularly in transport, infrastructure, and energy—key sectors underpinning regional integration through the African Continental Free Trade Area (AfCFTA). Ethiopian Ambassador Dessie Dalkie Dukamo said Africa, including Ethiopia, has great demand and potential for cooperation in such fields as energy, infrastructure, and digital transformation. Meanwhile, Chad Ambassador Abakar Saleh Chahaimi introduced the country’s advantages in gold, petroleum, and farmland, adding that it is interested in energy transition, infrastructure development, and tourism cooperation. At the event, Vietnamese enterprises at the event likewise expressed growing interest in expanding cooperation with African markets, signaling promising prospects for future partnerships.
Ethiopia Poised to Become One of Africa’s Great Economic Powers: Rwanda CMA CEO
Dec 12, 2025 803
Addis Ababa, December 12, 2025 (ENA) — Ethiopia is expanding the scope and the opportunity for foreign direct investment to meet its potential of becoming a great economic power in Africa, Thapelo Tsheole, CEO of Rwanda’s Capital Markets Authority (CMA) said. Ethiopia has been undertaking a major economic transformation driven by the comprehensive Homegrown Economic Reform Agenda, which includes liberalizing key sectors and improving the business climate. In an exclusive interview with ENA, the CEO stated that the comprehensive economic reform is a step in the right direction in a country where outstanding transformation, including in the infrastructure sector, have been undertaken. “Ethiopia is a big country, potentially a great economic power, especially in Africa,” he added. According to him, the reform is going to have some very massive impact on the economic potential and growth of the nation’s economy; and things are moving quite fast in the right direction. Liberalizing and opening the economy is what a number of foreign investors need, Tsheole said, adding that those are providers of capital the country can use to grow its economy. By opening up, Ethiopia is actually expanding the scope and the opportunity for foreign direct investment to come into the country, he stated. Regarding the significance of the operationalization of the capital market in Ethiopia, the CEO said every economic growth is anchored on capital markets as companies are essential in raising capital for an economy to grow. “If you liberalize and transform your capital markets, you are actually setting a very strong foundation for entities that have got a great economic potential to actually tap into the capital markets.” Therefore, it is a very good policy change to liberalize, transform and anchor capital markets in Ethiopia, which is going to be quite beneficial to the overall economic direction of the country. Tsheole also commended Ethiopia’s commitment to creating a conducive business climate in the country that is a benchmark in attracting foreign direct investment and a lot of potential investors. Overall, Ethiopia is going in the right direction and something that is going to be very positively affecting the growth potential of Ethiopia, he further stated. Ethiopia's economic reforms under its Homegrown Economic Reform Agenda are successfully attracting foreign direct investment and boosting export revenues. The country secured record export earnings of 8.3 billion USD last Ethiopian fiscal year, and a surge in FDI inflows, creating jobs and improving market access.
AU Official Says Ethiopia Sets New Benchmark for Africa in Digital Agriculture
Dec 12, 2025 785
Addis Ababa, December 12, 2025— Ethiopia’s rapid progress in digitalizing its agricultural sector is setting a new standard for African nations, African Union Commissioner for Agriculture, Rural Development, Blue Economy and Sustainable Environment (ARBE), Moses Vilakati, told ENA. In an exclusive interview, the Commissioner emphasized that digital agriculture is essential for transforming Africa’s farming systems and ensuring long-term food security. By integrating tools such as digital soil mapping, data-driven farm management, and precision resource use, countries can boost productivity, increase crop yields, and reduce environmental pressure through more efficient use of water and fertilizers. Vilakati praised Ethiopia’s momentum in adopting these technologies, describing the country’s digital agricultural transition as “impressive” and instrumental in its journey toward food self-sufficiency. Supported by strong government commitment and capacity-building through technical and vocational training programs, Ethiopia is modernizing its farming practices and achieving significant gains, particularly in wheat production. “Ethiopia's progress in digitalizing its agricultural processes is remarkable and stands as a model for other nations,” he stated. Currently, Ethiopia has launched the second phase of its flagship Agricultural Commercialization Clusters program, known as ACCII (Agricultural Commercialization through Climate-Smart and Inclusive Innovations). The program integrates a significant digital agriculture component to modernize the sector and improve market access for smallholder farmers The Commissioner highlighted that the country’s experience demonstrates how digital tools can strengthen food security, enhance sustainability, and reshape traditional agriculture, positioning Ethiopia as a benchmark for other African nations striving for similar transformation. He added, “Agricultural transformation is enabling Ethiopia to become self-reliant, especially evident in the surge of wheat production. This is exactly the kind of progress Africa needs,” noting that the continent now looks to Ethiopia as an inspiring example of success.
Ethiopia, Poland Pledge Stronger Partnership
Dec 12, 2025 1405
​​​​Addis Ababa, December 12, 2025 (ENA) — Ethiopia and Poland have renewed their commitment to deepen political and economic cooperation as senior officials from both countries met on Friday in Addis Ababa for the 4th round of political consultations. The Ethiopian delegation was led by Ethiopia’s State Minister of Foreign Affairs Ambassador Hadera Abera, while Poland was represented by Under-Secretary of State and Deputy Foreign Minister Wojciech Jacek Zajączkowski. During the talks, the two sides reviewed the status of bilateral relations and exchanged perspectives on regional and global issues. Discussions extended across several fields, including political dialogue, economic partnerships, security collaboration, and social development. Ambassador Hadera highlighted the progress of Ethiopia’s economic reforms and encouraged greater Polish investment in priority sectors such as pharmaceuticals, agriculture, renewable energy, mining, ICT, and agro-processing. He also emphasized opportunities for cooperation in education, water resource management, capacity building, and air transport services. The state minister underlined the importance of closer institutional ties between Ethiopia’s Institute of Foreign Affairs and the Polish Diplomatic Institute, particularly in areas of digital transformation and e-governance. He also noted the need to revisit previously signed agreements to ensure they remain relevant in today’s global landscape. On his part, Deputy Minister Zajączkowski praised Ethiopia’s economic strides and reaffirmed Poland’s readiness to expand collaboration, especially in trade, investment, and knowledge exchange. ​​​​​​He underscored Poland’s own economic experience as a strong basis for future cooperation and proposed the organization of business forums to boost private-sector engagement. Both sides concluded the consultation with a pledge to enhance cooperation in areas such as education, agriculture, digital technology, defense, and economic policy. They also agreed to strengthen follow-up mechanisms, hold consultations regularly, organize business forums, and promote more high-level visits between the two nations.
Certified Accountants Institute Launched to Reinforce Ethiopia’s Rapid Economic Growth
Dec 11, 2025 1863
Addis Ababa, December 11, 2025 (ENA)— The Ethiopian Institute of Certified Public Accountants (ETiCPA) has been officially launched, marking a significant milestone in strengthening the country’s financial architecture and supporting its fast-growing economy. The institute aims to enhance financial skills, establish a system for training globally certified accountants, and address financial inefficiencies across the nation. Speaking at the launching ceremony, Minister of Finance Ahmed Shide emphasized that the institute will play a critical role in sustaining Ethiopia’s rapid economic growth by building robust institutions, ensuring a reliable financial system, and developing a skilled workforce. He described its establishment as a landmark in the ongoing modernization of the financial sector. “The institute will enhance transparency, raise public awareness, and provide decision-makers with reliable financial information—functions essential for driving economic transformation,” Minister Shide said. Highlighting that Ethiopian accountants previously had to seek certification abroad, Ahmed noted that the ETiCPA will now allow professional accreditation to be conducted domestically, strengthening the country’s human capital in the accounting sector. On his part, Governor of the National Bank of Ethiopia, Eyob Tekalign, added that the institute will contribute to building a modern, transparent, and resilient economy by enabling institutions to produce standardized accounting reports that meet international standards. He noted that this advancement is expected to boost investor confidence and attract both domestic and foreign investment. Acting Director-General of the Accounting and Auditing Board of Ethiopia (AABE), Fikadu Agonafer, underscored that while Ethiopia has many accounting professionals, the number of certified chartered accountants remains limited. He stated that the operationalization of the ETiCPA will help cultivate a highly skilled and trusted workforce, further supporting the country’s economic ambitions.
Ethiopia’s WTO Membership Negotiations Enter Decisive Phase, Says Deputy PM
Dec 11, 2025 838
Addis Ababa, December 11, 2025 (ENA)— Ethiopia’s WTO membership negotiations have entered a decisive and hopeful phase, driven by the resolute leadership and unwavering commitment of the government, Deputy Prime Minister Temesgen Tiruneh said. A Grand National Platform dedicated to Ethiopia’s journey toward World Trade Organization (WTO) membership and the ongoing negotiation process held in Addis Ababa today, under the theme “Integrating Ethiopia, Transforming Trade”. Delivering his message at the event, the Deputy Prime Minister emphasized that despite Ethiopia’s role as a founding member of many major global institutions, the country has been absent from the WTO for far longer than it should have been. For Temesgen, a nation with Ethiopia’s population, promise, and economic potential should not remain outside the international trading system. “Our rightful place is at the table—shaping the rules, expanding opportunity, and ensuring our people can compete, innovate, and prosper on a global stage,” he stated. Thanks to the resolute leadership and unwavering commitment of the government, reinforced by bold homegrown economic reforms, negotiations that had stalled for more than two decades have now entered a decisive and hopeful phase, he affirmed. He added that the remarkable progress achieved over the past seven months clearly signals that the country is, at long last, approaching the finish line. “WTO membership will unlock new horizons for Ethiopia—dramatically expanding our market access, enhancing transparency and predictability in trade and investment, and positioning our nation as an even more attractive and reliable destination for global partners.” He further noted that membership will also provide the discipline needed to strengthen economic governance, ensuring that new reforms are not only ambitious but also stable, credible, and enduring. In doing so, he said, Ethiopia will bolster its institutions, reinforce the rule of law in its markets, and anchor itself firmly within a system built on fairness and reciprocal opportunity. The Deputy Prime Minister underscored that the government is fully committed to completing the negotiations in the shortest possible time, but emphasized that this effort requires the collective strength of the nation. “I call on the private sector to bring its full energy and expertise, on all executive institutions to rise to the task, and on our international partners to continue deepening their support.” Through united effort, he stressed, Ethiopia will integrate into the global trading system and usher in a new era of prosperity. “Together, we will cross the final mile—and open a new chapter of shared opportunity, shared confidence, and shared success for Ethiopia.”
WOAH Urges Stricter Measures to Protect East Africa’s Livestock
Dec 11, 2025 769
Addis Ababa, December 11, 2025 (ENA) —The Horn of Africa’s livestock sector, a cornerstone of the region’s economy and a critical source of food, income, and employment, faces growing threats that require urgent action, according to Baba Soumare, Deputy Director General of the World Organization for Animal Health (WOAH). “Livestock has huge potential for food security, livelihoods, business, and employment,” Soumare said, highlighting the sector’s vital role in supporting smallholder farmers, local trade, and regional economies. East Africa’s livestock population is substantial, with recent estimates of 107.2 million cattle, 178.8 million goats and sheep, and 1.3 million camels. Ethiopia has the largest cattle population in Africa, with Kenya and Tanzania also hosting significant herds. The region has a long history of livestock production and export, particularly to the Middle East, contributing to both rural livelihoods and national economies. However, livestock diseases, recurrent droughts, insecurity, and cross-border challenges pose serious risks. Soumare emphasized that protecting the sector requires stronger regional collaboration, resilient veterinary services, and harmonized legislation to ensure safe cross-border trade. “Without strong veterinary services, you cannot prevent, detect early, or control livestock diseases,” he said. Soumare also called for greater investment in sustainable livestock production, stressing that healthy ecosystems and resilient farming systems are essential. According to Pulse of Africa, a Pan-African media reported he advocated for a multisectoral approach involving agriculture, environment, trade, and health sectors to coordinate efforts and secure the sector’s future WOAH, formerly the Office International des Epizooties (OIE), has worked since 1924 to improve animal health worldwide. The organization sets international standards, strengthens veterinary services, supports disease surveillance, and facilitates safe trade in animals and animal products across its 180+ member countries.
Ethiopian News Agency
2023