Addis Ababa, February 23, 2026 (ENA) –The Speaker of the House of Federation, Agegnehu Teshager, announced that 71.33 billion birr was transferred to regional states during the first seven months of the 2018 Ethiopian fiscal year. This allocation was executed in accordance with the established shared revenue administration and transfer formula. The Speaker made these remarks during a consultative forum organized by the Subsidy Budget and Shared Revenues Standing Committee of the House of Federation. The gathering focused on a financial audit report regarding the administration, collection, and transfer of shared revenues involving federal and regional stakeholders. Agegnehu Teshager noted that significant strides have been made to bolster the system of shared revenue distribution between the federal and regional governments. He emphasized that the recently implemented reform of the revenue-sharing formula has been applied to enhance equity and efficiency.   The Ministry of Revenues and the Ministry of Mines were commended for their pivotal roles in developing modern technological infrastructure that aligns with the new formula, thereby accelerating the revenue transfer process. The Speaker explained that these systemic improvements have led to a consistent growth in regional revenues over the past five years. He highlighted the dramatic shift in figures, noting that regional shares have ascended from 4.2 billion birr prior to the reforms to a substantial 91.73 billion birr by the end of 2017 fiscal year. The progress achieved through the strong coordination between federal and regional authorities is viewed as a testament to the success of the federal system and the ongoing national reform goals. In particular, royalty revenues collected from large-scale mining and petroleum resources, a key component of shared income, have shown remarkable growth. To ensure balanced development and meet the public’s growing demands, the Speaker underscored the necessity of expanding all available revenue streams while improving collection and administration. He further noted that a clear direction has been set to ensure transparency and accountability by subjecting royalty revenue transfers to independent financial audits. According to Agegnehu Teshager, a previous financial audit conducted by the Federal Auditor General on the Ministry of Revenues and the Ministry of Mines helped build consensus and establish a framework for the current reporting standards. The findings from these audits are instrumental in determining future administrative directions for both institutions. Hailu Ifa, Secretary of the Subsidy Budget and Shared Revenues Standing Committee, added that the new shared revenue administration system is grounded in firm principles and characterized by transparency. He affirmed that the implementation has resulted in significant growth for both the performing ministries and the respective shares received by the regions.

Addis Ababa, February 23, 2026 (ENA) –Ethiopian Airlines has taken another major step toward greener aviation by signing a Sustainable Food Waste Recycling Memorandum of Understanding (MoU) with Provectus Enterprising Inc. and Fusion Global Solutions. The agreement focuses on transforming food and catering waste from the airline’s operations into biomass and other environmentally friendly products. By converting waste into sustainable resources, the initiative supports circular economy principles and reduces the environmental footprint of airline catering services. The signing ceremony was witnessed by Global Affairs Canada representative Cheryl Urban, highlighting international cooperation in advancing sustainable aviation solutions. With nearly eight decades of operation, Ethiopian Airlines stands as Africa’s largest aviation group, serving over 160 passenger and cargo destinations across five continents. The airline plays a vital role in connecting African cities to global markets while prioritizing responsible and eco-conscious growth. As a proud member of Star Alliance, Ethiopian has consistently earned industry recognition, including multiple Skytrax and APEX awards for excellence in service and leadership in African aviation connectivity. Looking ahead, the airline’s Vision 2035 strategy aims to secure its place among the world’s top 20 most competitive aviation groups. Central to this vision is the expansion of its Pan-African multi-hub network through partnerships with ASKY Airlines, Malawi Airlines, and Zambia Airways. By combining modern aircraft, enhanced passenger comfort, and environmental responsibility, Ethiopian Airlines continues to set the pace for sustainable aviation across Africa and beyond.

Addis Ababa, February 22, 2026 (ENA) –Prime Minister Abiy Ahmed has reaffirmed his government’s commitment to accelerating irrigation development as a central pillar of Ethiopia’s drive toward food sovereignty. In a social media message shared on his social media channels, the Prime Minister emphasized that expanding the use of available surface and groundwater resources remains a top priority in transforming the country’s agricultural sector. According to him, areas that once lay unproductive are now being converted into thriving hubs of agricultural activity through strategic irrigation initiatives. Citing the Bilate River area as a notable example, PM Abiy highlighted the rapid progress of large-scale fruit development projects underway with strong participation from private investors. These projects, the Premier noted, are reshaping the local agricultural landscape and creating new economic opportunities for surrounding communities. “The area where the Bilate River is located is a notable example,” the Prime Minister stated. “Extensive fruit development projects are being carried out with the participation of private investors. This will greatly support the efforts being made to ensure food sovereignty,” he further elaborated.

Addis Ababa, February 21, 2026 (ENA) –Prime Minister Abiy Ahmed has emphasized that Ethiopia’s corridor development projects are playing a transformative role in reshaping cities and laying the foundation for a better future for coming generations. The Prime Minister noted that the large-scale initiatives are designed to support the country’s rapid urban growth, ensuring that cities are better planned, more resilient, and capable of meeting the demands of a rising population. According to him, the projects are not only modernizing infrastructure but also contributing to long-term national development goals. Speaking after a visit to Hawassa corridor projects in the early hours of the evening, Prime Minister Abiy observed the progress of the second phase of corridor development works underway in the city. He commended the advancements made so far and reiterated the government’s commitment to sustainable urban transformation. “Today, we observed the corridor development works carried out in the second phase in the beautiful city of Hawassa,” the Prime Minister shared on his social media channels. The corridor development program forms part of broader national efforts to prepare Ethiopia for the accelerating trend of urbanization while enhancing the quality of life for citizens across the country.

Addis Ababa, February 21, 2026 (ENA) –The National Bank of Ethiopia (NBE) has conducted a special foreign exchange auction which resulted in a rare surplus of hard currency today. Although the central bank made a massive 500 million USD available to the market, the bidder banks only absorbed 455.29 million USD, leaving approximately 9 percent of the total unclaimed, it was learned. ​Today’s auction sent a strong signal to the financial sector that the era of chronic, systemic “forex thirst” is transitioning into a more managed and liquid market environment. The undersubscription also indicated that demand for foreign currency was lower than the amount supplied that signals easing pressure on the forex market. The auction saw all the 30 participating banks were successful in securing 100 percent of the funds they requested. This fulfillment of bids is a stark contrast to previous years, where banks often received only a fraction of their requirements. The next foreign exchange auction will be held in line with the announced schedule.  

Addis Ababa, February 21, 2026 (ENA) –The Ethiopian Capital Market (ECMA) Administrative Tribunal announced that has integrated modern technology into its operations with to view ensuring efficiency and accessibility. As a vital and relatively new pillar within the nation's economic architecture, the Tribunal was established under the Capital Market Proclamation No. 1248/2021. It was conceived to address the specialized nature of the financial sector, providing expert adjudication that relieves the traditional court system of complex technical burdens. The primary mission of the Tribunal is to provide an impartial, expert-led review of disputes arising among market participants by upholding the highest standards of integrity, it was learned. Presiding Judge of the Tribunal, Abnet Zerfu, told ENA that the court is empowered to examine and resolve grievances stemming from decisions made by the Ethiopian Capital Market Authority. Since its inception a year ago, the Tribunal has made commendable progress, including the assembly of a dedicated professional team and the finalization of its comprehensive procedural guidelines, he added. Abnet noted that the institution has been organized to bridge the gap between the law and the public, introducing a digital system that allow individuals to file appeals from any location. Furthermore, the Tribunal has established a video conferencing infrastructure, enabling parties to participate in hearings remotely. The courtroom itself is now fitted with audio and video recording technology to ensure that every proceeding is documented with absolute precision and clarity. In a bid to strengthen regional ties and build institutional capacity, the Tribunal is working in close harmony with the Ministry of Foreign Affairs, the Presiding Judge said. Among these efforts is an upcoming Memorandum of Understanding with its Tanzanian counterpart, a partnership poised to facilitate a rich exchange of judicial wisdom and collaborative growth. Beyond bilateral ties, Abnet revealed that preparations are underway to establish a forum for Capital Market Administrative Tribunals across East Africa. This initiative is envisioned as a cornerstone for regional market integration, paving the way for a unified and consistent judicial standard across the borders of the Horn and beyond.

Addis Ababa, February 21, 2026 (ENA) –Even if Ethiopia is a land graced by history and natural splendor, its tourism has been primarily challenged with scarcity of destinations. Visitors would often briefly tour the few well-known sites and depart shortly. Today, that narrative is changed through a blend of vision and steadfast commitment. The nation has transitioned from a lack of alternatives to a new chapter where the abundance and quality of destinations are harmoniously integrated. Tourism was strategically selected as one of the five pillars of Ethiopia’s Homegrown Economic Reform program for profound reasons. The sector possesses a unique capacity to generate extensive employment, secure foreign currency, and portray the true image of the country on the global stage. As tourism flourishes, it acts as a catalyst —invigorating agriculture, accelerating transport and construction, and breathing life into small enterprises that craft traditional attire and artifacts. To realize this vision, the strategic projects initiated by PM Abiy Ahmed have fundamentally reshaped the nation’s tourism map. The Dine for Sheger initiative transformed the heartbeat of Addis Ababa through the Unity, Sheger, and Entoto parks. Similarly, the Dine for Nation projects —including the historic Halala Kela, the pristine Chebera Churchura, and the breathtaking Wenchi — have renewed Ethiopia's allure by blending natural beauty with historical footprints. The Dine for Generation initiative continues this momentum with modern destinations such as Gorgora, Dembi, Shebelle, and Lake Logo. These sites elegantly marry nature with history and comfort with modernity, standing as the new jewels of Ethiopian tourism. These developments have provided compelling reasons for domestic tourism to thrive and for international travelers to make Ethiopia a primary destination. Industry experts note that this transformation extends beyond physical construction to the quality of service. The owner of Celebrity Ethiopia Tour and Travel, Ashenafi Kassa, observed that the previous shortage of destinations has been solved, offering tourists diverse options that encourage longer stays beyond the traditional historical circuit. Pleasure Ethiopia Tour and Travel Agency Manager, Nahom Admasu, emphasizes that the greatest success lies in the completion of the service chain. He recalls that while beautiful sites existed in the past, they were often bypassed due to a lack of suitable accommodations. Now, the construction of international-standard lodges and resorts allows tourists to linger and enjoy their stay without haste. The proliferation of destinations has also opened new creative avenues for tour operators. Ashenafi highlights the "Night Out" package, a fresh offering that allows guests to savor the nocturnal beauty of the city. Such innovations lead to increased revenue, job creation, and extended tourist stays, he noted. The tourism sector is indeed yielding promising results. Industry stakeholders affirm that the government’s efforts to expand destinations are not only making the country competitive on the global stage but also becoming a backbone for overall economic growth. Ethiopia stands today not just as a cradle of history, but as a vibrant source of modern destinations.

  Addis Ababa, February 20, 2026 (ENA) –Ethio telecom has officially launched teleStream, a cutting-edge internet-based streaming platform designed to transform Ethiopia’s digital and media landscape. The platform was unveiled on Thursday evening at Science Museum, marking a major milestone in the company’s ambitious corporate roadmap, “Next Horizon Digital and Beyond 2028.” Speaking at the launch ceremony, Ethio telecom CEO, Frehiwot Tamiru emphasized that teleStream is positioned as a comprehensive national digital content platform that goes far beyond entertainment. “It goes beyond mere entertainment,” Frehiwot said. “We are building a massive platform that allows the education and health sectors, as well as various institutions, to easily digitize and market their offerings,” according to the CEO. Frehiwot noted that teleStream is designed to empower key sectors including education, healthcare, tourism, cultural heritage, as well as governmental and non-governmental institutions. The platform enables these sectors to seamlessly digitize, distribute, and monetize their products and services at scale. At its core, teleStream functions as a dynamic digital ecosystem for producers, media organizations, and creative industry professionals. It offers a centralized space where ideas can be transformed into high-quality digital content capable of reaching millions of users nationwide and beyond. While many institutions already distribute content through various online channels, Frehiwot noted that teleStream differentiates itself by providing integrated, scalable infrastructure that enhances visibility, accessibility, and commercial opportunities. The platform places particular emphasis on supporting universities and academic institutions, the tourism sector, cultural and heritage organizations, government and non-government entities, as well as private enterprises and innovators. By bridging technology with creativity and institutional needs, teleStream is positioned as a catalyst for national digital growth—strengthening content production, expanding audience reach, and unlocking new economic opportunities in Ethiopia’s rapidly evolving digital economy. The launching ceremony brought together prominent figures from the creative industry, entertainers, heads of media institutions, and other invited dignitaries, the Ethiopian News Agency (ENA) reported from the scene.

Addis Ababa, February 20, 2026 (ENA) –Ethio telecom has officially launched teleStream, a cutting-edge internet-based streaming platform poised to revolutionize Ethiopia’s media and entertainment sector. Announced this evening at Science Museum, the launch marks a significant milestone in the company’s ambitious corporate roadmap, “Next Horizon Digital and Beyond 2028.” The initiative underscores Ethio telecom’s commitment to accelerating digital inclusion and driving sustainable national economic growth. A Game-Changer for Digital Entertainment TeleStream delivers more than 60 live television channels and over 350 video-on-demand titles, powered by Ethio telecom’s advanced fiber and telecloud infrastructure. Utilizing high-speed fiber, 4G, and 5G technologies, the platform guarantees low-latency, high-definition streaming — eliminating the need for satellite dishes and transforming how Ethiopian households access entertainment. The service is expected to redefine digital lifestyles across the country by modernizing media consumption and elevating the quality of content available to viewers. Empowering Users, Creators, and Institutions Designed with innovation and inclusivity at its core, teleStream integrates features that enhance user experience and support a digitally empowered economy. Stable fiber broadband connectivity ensures uninterrupted streaming, while built-in parental controls and educational programming make it a family-friendly solution. For content creators and broadcasters, teleStream offers a cost-effective, locally hosted distribution platform that expands audience reach and reduces reliance on expensive foreign satellite services. By strengthening domestic content hosting and distribution, the platform reinforces Ethiopia’s growing digital sovereignty. Businesses and institutions — including hotels — stand to benefit from streamlined entertainment solutions, while educational institutions can leverage the platform for digital libraries and remote learning resources, enriching teaching and learning experiences nationwide. Supporting Smart Cities and Digital Sovereignty Aligned with Ethiopia’s smart city vision, teleStream contributes to reducing visual pollution by limiting dependence on satellite dishes. Local content hosting further strengthens national data control and technological self-reliance. Infrastructure Upgrade to Power the Future In parallel with the launch, Ethio telecom has upgraded its fixed broadband infrastructure, replacing legacy copper networks with modern fiber systems. The introduction of “Fiber to the Room” service delivers ultra-fast, targeted connectivity tailored to individual user needs — setting a new benchmark for broadband performance in Ethiopia. To mark the launch, Ethio telecom is offering a special introductory discount for customers who bundle teleStream with fixed broadband packages. With teleStream, Ethio telecom is not only launching a platform — it is laying the foundation for Ethiopia’s next digital frontier.

Addis Ababa, 20 February 2026 —The Kingdom of Eswatini has commended Ethiopia for its strong track record in delivering large scale development projects, highlighting the Grand Ethiopian Renaissance Dam (GERD) as a landmark achievement that reflects national resolve and technical capability. In an exclusive interview with ENA, Eswatini’s Minister of Natural Resources and Energy, Prince Lonkhokhela Dlamini, praised Ethiopia’s momentum in executing transformative projects that are reshaping its economic landscape. Describing Ethiopia’s ability to implement mega projects through its own capacity as “impressive and exemplary,” he said the GERD stands as clear proof of what determined leadership and coordinated national effort can accomplish. According to the minister, the dam represents more than a national project. He said it offers a practical blueprint for African countries seeking greater self-reliance in infrastructure development and energy production. “The GERD not only serves Ethiopia but stands as a vital resource for neighboring nations,” he stated, adding that the project has the potential to strengthen regional cooperation through energy sharing.     Prince Dlamini emphasized that electricity generated from the dam could benefit countries across the continent, from southern to northern Africa, reinforcing economic integration and shared growth. Reflecting on his recent visit, he observed that Ethiopia has undergone visible transformation since his last trip eight years ago. He pointed to significant improvements in infrastructure, roads, and water supply systems as evidence of sustained development. “The progress observed is a clear reflection of effective leadership and serves as an inspiring example for other African nations,” he said.     In this regard, Prince Dlamini commended Ethiopia’s leadership in water sustainability and clean energy, noting that the country’s initiatives in renewable power generation and largescale afforestation demonstrate a forward-looking strategy. The minister further expressed Eswatini’s strong interest in deepening collaboration with Ethiopia in the energy sector and other development initiatives, underscoring the importance of African partnerships built on mutual benefit and shared ambition.

Addis Ababa, February 20, 2026 (ENA) –The President of the Pan-African Tourism Board (PATB), Mariam Lesian, has recognized Ethiopia as a leading model for tourism development in Africa, citing the country’s rapid growth, rich cultural heritage and expanding infrastructure as key drivers of its continental influence. In an exclusive interview with ENA, Lesian highlighted the nation’s unique attractions—from its globally renowned coffee heritage to its landscapes, museums, parks, and lakes—as strong draws for visitors. Lesian described Ethiopia as a rising tourism powerhouse driven by a strong cultural identity, stable aviation connectivity, and improving infrastructure. “When you come to Ethiopia, you get that appetite to come again because there are so many things to see,” she said. “It’s peaceful, it’s clean and the people are very friendly.” Ethiopia is widely recognized for its rich blend of natural beauty and historical depth, making its national parks, lakes, museums, and heritage sites central pillars of the country’s tourism appeal. From the iconic rock-hewn churches of Lalibela to the ancient obelisks of Aksum, the country’s heritage sites showcase thousands of years of civilization and religious history, offering visitors profound insight into Ethiopia’s cultural legacy. Combined with its national parks, scenic lakes, and museums, these attractions create a diverse and compelling tourism portfolio that positions Ethiopia as one of Africa’s premier travel destinations. Lesian credited Ethiopian Airlines as a strategic pillar in Ethiopia’s tourism expansion, describing the carrier as a major force in positioning the country as a gateway to Africa. “You are very lucky to have a stable airline,” she emphasized. “It plays a major role in bringing people to Ethiopia and connecting the continent.” According to her, aviation stability combined with strong cultural branding gives Ethiopia a competitive edge in Africa’s tourism market. Ethiopian Airlines, the national flag carrier founded in 1945, has grown into one of Africa’s most successful and reliable airlines, operating an extensive network of domestic, regional, and international routes. With a modern fleet of Boeing and Airbus aircraft, the airline maintains high standards of safety, reliability, and passenger comfort. By transporting millions of passengers annually, the airline plays a central role in supporting Ethiopia’s hospitality sector, national parks, heritage sites, and cultural tourism, reinforcing its strategic importance in the country’s tourism expansion. Lesian further underscored that Ethiopia’s strong embrace of its heritage—from traditional attire and music to the globally recognized coffee ceremony—remains a defining feature of its tourism success. Ethiopia’s tourism appeal is deeply rooted in its rich cultural heritage, which continues to shape the visitor experience. The country has maintained a strong and visible connection to its traditions, spanning centuries of history, art, and daily practices, she added. “You walk everywhere, you smell the aroma of the coffee. You hear Ethiopian songs. People proudly wear their cultural attire,” she said. “They are really embracing their culture.” She noted that this visible and authentic cultural expression creates a memorable visitor experience and strengthens Ethiopia’s international image. Commending Ethiopia’s strides, Lesian argued that Africa’s tourism industry remains constrained by movement restrictions and underdeveloped transport networks. “We must open our borders for intra-Africa tourism,” Lesian urged. “For inter-Africa tourism, we should release the visas. Free movement will boost trade, tourism and economic integration.” She called for immediate and decisive action from African leaders. Lesian emphasized that sustainable tourism is not only a cultural asset but also a powerful economic engine capable of strengthening GDP, creating jobs, and enhancing financial stability across the continent. However, she cautioned that many African countries still rely too heavily on limited tourism models such as ecotourism and beach tourism. “We must diversify,” she stressed. “Africa has immense cultural and heritage wealth. Cultural tourism, medical tourism and heritage tourism are underutilized but highly attractive.”

Addis Ababa, 20 February 2026 —The Grand Ethiopian Renaissance Dam (GERD) stands as a shining example of African capability and a remarkable continental development achievement, renowned economist and public policy expert Dr. Ogho Okiti said. Constructed on the Abay River in Ethiopia, the GERD is the largest hydroelectric power project in Africa. Since its launch in 2011, the project has been financed through domestic resource mobilization, including public contributions, bond sales, and government funding. Beyond its national significance, the GERD is envisioned as a transformative regional energy initiative aimed at expanding electricity access, promoting clean energy, and strengthening regional power interconnection. Dr. Okiti, who also serves as a senior official at Nigeria’s Federal Ministry of Finance, noted that the GERD represents a living testament to what Africans can accomplish through determination and self-reliance. He emphasized that the unwavering commitment demonstrated by Ethiopians in successfully advancing the construction of the dam through domestic capacity will remain an unforgettable chapter in Africa’s history. “For the Ethiopians themselves to mobilize the resources to complete that dam was fantastic, unique and unprecedented,” he noted. According to the expert, the active and broad-based participation of Ethiopians in the realization of the GERD has been both inspiring and exemplary, proving that Africans can mobilize their own resources to execute mega projects of continental significance. Dr. Okiti further stated that Ethiopia’s resounding development achievement—realized through strong public mobilization—has helped reshape Africa’s future development and growth strategies.     He underscored that the success of the GERD clearly reflects the strong bond of trust and cooperation between the Ethiopian government and its people, demonstrated in practice through the implementation of a massive continental project. “It signals that people trust the government to deliver, that citizens can directly contribute, and that resources required can also be found domestically — not every time relying on debt or aid.” The project, he added, has reinforced Ethiopia’s unity and practically confirmed that African nations can undertake and complete large-scale continental projects without overreliance on external loans and aid. The success of the GERD, he said, serves as a model for achieving broader continental development goals. Moreover, the dam is an important indicator of the need to expand continental economic integration and partnerships by strengthening cooperation across Africa. Looking ahead, Dr. Okiti stressed that African countries are expected to work collaboratively to enhance trade and investment ties in order to realize shared continental development agendas. The GERD, he concluded, exemplifies collective resolve and solidarity in fulfilling Africa’s development aspirations by fostering regional energy connectivity across the continent.

Addis Ababa, 20 February 2026 — Ethiopia and Italy have pledged to strengthen trade and investment cooperation as the Ethio-Italy Coffee Business Forum convened here on Thursday, bringing together exporters, industry leaders and policymakers to advance collaboration in the coffee sector. The forum, reported by Agenzia Nova, assembled Ethiopian coffee exporters and Italian industry representatives to expand market access, reinforce commercial ties and boost investment across Ethiopia’s coffee value chain. Organized by BonelliErede in collaboration with the Ethiopian Embassy in Rome, the Ethiopian Coffee Association and Confindustria Assafrica & Mediterraneo, the event provided a platform for Ethiopian producers to showcase their products and explore new partnerships in one of Europe’s most strategic coffee markets. Speaking to Agenzia Nova on the sidelines of the event, Ethiopia’s Ambassador to Italy, Demitu Hambisa, said Ethiopian exporters are actively promoting their products to create a larger market presence in Italy. “Coffee is one of our major export products, with the highest quality, and with our strong brand, we have a large market. Wherever there is a market opportunity, we are ready to export. We have potential, we have quality coffee, and our businessmen are ready to bring it to all the countries where it is needed,” the ambassador said. Ambassador Demitu noted that Ethiopia’s coffee production is steadily expanding, with estimates indicating output could reach a record level of over 11.6 million 60-kg bags in the 2025/26 market year. She added that in areas such as the Jimma Zone of Oromia Region, increased productivity is also supporting coffee-related tourism. In the 2024/25 fiscal year, coffee exports generated approximately 2.65 billion U.S. dollars, significantly contributing to Ethiopia’s trade balance. The ambassador also underscored that Ethiopia’s coffee sector development is linked to broader cooperation initiatives, including projects supported under Italy’s Mattei Plan. Addressing concerns related to European anti-deforestation regulations and climate change, she emphasized Ethiopia’s environmental commitment. “In the last six years, we have planted about 50 billion trees, so this contributes to climate control,” she stated, highlighting the country’s large-scale reforestation efforts. Massimiliano Fabian, board member of Confindustria Assafrica & Mediterraneo, described Ethiopia as a key player in meeting growing global coffee demand. “In the coffee sector, Ethiopia is one of the countries that can certainly best meet the world’s greatest coffee demand. Africa in general is a continent with the potential to do much more, and Ethiopia is certainly one of the countries that can contribute most to increasing the world’s coffee supply,” Fabian told Agenzia Nova. He noted that Ethiopia’s coffee is “an extremely interesting origin thanks to the intrinsic genetic diversity of the green bean,” making it particularly valued from an organoleptic standpoint. Though not considered a low-cost origin, he said it offers significant biodiversity and quantitative potential for buyers. Fabian further stressed that investments in the coffee sector can serve as a catalyst for broader development. “Coffee-producing countries have the potential for further strong development in Africa, and among these is certainly Ethiopia, which can contribute significantly and, at the same time, grow economically thanks to coffee. Economic growth is also correlated with social and environmental growth, therefore, in terms of all-round sustainability,” he explained. On his part, Gizat Worku, General Manager of the Ethiopian Coffee Exporters Association, acknowledged that exports to Italy have not grown rapidly over the past decade and emphasized the need to better understand the Italian market. “Our goal is to better understand the Italian market and the buyers’ perspective,” Gizat told Agenzia Nova. “We’re here to understand buyers’ interests and meet their needs. On the sellers’ side, we always listen to our customers: this is the heart of the program.” According to data presented at the forum, Italy is the third largest importer of green coffee globally, after the United States and Germany. It is also the second largest roasted coffee exporter in the European Union and the leading EU producer, accounting for about 25 percent of total EU production. Italy further leads global exports of roasted coffee to non-EU countries, holding a 32.9 percent share of the European total. Despite Italy’s major role in the global coffee industry, Ethiopia’s share of the Italian market remains relatively modest. In 2024/25, Ethiopia exported 16,294 tons of coffee to Italy, valued at 88.67 million U.S. dollars. However, Italy’s total green coffee imports during the same period reached approximately 655,000 tons, placing Ethiopia’s share at about 2.5 percent by volume. Gizat expressed optimism about future growth. “It will definitely grow. We are making up ground from the sector’s difficulties and are committed to resolving any issues so as to fully meet buyer demand. This is why we will sell more coffee to Italy,” he said. The forum is expected to pave the way for enhanced trade, deeper industrial cooperation and increased Italian investment in Ethiopia’s coffee value chain, further strengthening the longstanding economic ties between the two countries.

Addis Ababa, 19 February 2026 — Baroness Jane Ramsey, UK Trade Envoy to the Horn of Africa, held discussions with Semereta Sewasew and senior officials from the Ministry of Finance regarding Ethiopia’s ongoing economic reforms and opportunities for UK investment, according to the Ministry of Finance’s social media post. During the discussion, Semereta highlighted Ethiopia’s progress, including single-digit inflation, strengthened economic growth, improved tax revenues, increased export earnings, and higher foreign exchange reserves, achieved through comprehensive fiscal, monetary, and financial sector reforms. Baroness Ramsey acknowledged these achievements, noting reforms that facilitated support from the World Bank and agreements with Gridworks to advance green energy transmission, followed by the Tulu Kapi gold mining project. Discussions also covered key infrastructure initiatives, including the new Bishoftu International Airport, which has attracted substantial interest from UK companies in aviation, mining, logistics, and related services. The need to enhance customs operations to facilitate trade was also emphasized. Semereta outlined measures to strengthen corporate governance, manage state-owned enterprise debt, and engage investors through government–private sector dialogue platforms. Both parties reaffirmed their commitment to close coordination to promote a transparent and investor-friendly environment, encouraging increased UK participation in Ethiopia’s strategic infrastructure and investment projects.

Addis Ababa, February 19, 2026 (ENA) –Prime Minister Abiy Ahmed has conducted an extensive inspection tour of key development projects across the three Wollega zones in the Oromia region, highlighting ongoing progress in agro-industry, tourism, and rural transformation initiatives. In a statement shared on social media, Office of the Prime Minister said the premier “continued reviewing key development initiatives across the Wollega zones today, emphasizing progress in agro-industry, tourism, and rural transformation.” During the visit, the Prime Minister toured the Gibe Dedesa Farmers’ Cooperative Union’s modern flour mill, a facility designed to strengthen agricultural value chains and create employment opportunities for local communities. According to the Office, the project is enhancing value addition in the agricultural sector while expanding job creation through agro-processing. Abiy also launched construction of the Busa Gonofa Integrated Food Industry, a large-scale soybean processing facility expected to boost agro-industrial capacity and provide greater market access and support for farmers in the region. In the tourism sector, the Prime Minister reviewed progress on the Sorga Eco Lodge project, which aims to harness the area’s eco-tourism potential while generating local employment opportunities. The Office noted that the lodge is set to contribute to sustainable tourism development in Wollega. Additionally, the Prime Minister assessed the implementation of the Rural Corridors Program in Mede Jalela kebele. The initiative focuses on improving rural livelihoods through expanded access to renewable energy and modern infrastructure, with the goal of raising living standards in underserved communities. “Together, these initiatives reflect sustained economic growth and community-centered development across Oromia,” the Office of the Prime Minister emphasized. The inspection tour forms part of the government’s broader efforts to accelerate inclusive development and ensure that economic progress translates into tangible benefits for communities at the grassroots level.

Addis Ababa, February 19, 2026 (ENA) –Emphasizing the growing potential of Ethiopia, United Nations Global Compact CEO and Executive Director Sando Ojambo said the economy seems to be booming because of the enabling environment created in the country. Local private sector engagement is helping the economy to boom, she added, pointing at recent liberalizations in banking and telecommunications. “We have seen the liberalization of a couple of things. We have seen it in banking and telecommunications. So it looks like there is very strong engagement and good environment for private sector,” the CEO noted. Ojambo further underscored the vital role of small and medium enterprises (SMEs) in promoting economic growth of the country. According to her, the engagement of young people and women in SMEs are key contributors to sustainable development in Ethiopia. The creation of favorable environment has been playing a critical role for the growth of private sector, she stressed. The CEO, who has recently visited Addis Ababa, observed the significant development of the city, saying that there is lots of growth in the city. “I've been in Addis a couple of times. I have to say there is lots of growth in the city, obviously booming, from real estate to restaurants to other things. I mean the economy seems to be booming.” In addition to Ethiopia, Ojambo noted that many of the world’s fastest-growing economies are in Africa, reflecting a vibrant and expanding private sector. Underlining the importance of engaging with Africa's burgeoning private sector, she called for fostering investment opportunities, mobilizing domestic capital, and enabling Africans to invest more within their own continent. The CEO mentioned the prevalent “risk perception’’ surrounding Africa, often labeled as un-investable. However, she argued that statistics tell a different story, emphasizing the need to shift this narrative by de-risking investments through patient and domestic capital. She highlighted the key investment opportunities in sectors such as energy, infrastructure, and digital jobs, particularly pointing to Africa's youthful population as a significant asset. The CEO, expressing optimism about the political and business leadership in Africa, finally called for a collective movement away from dependency, noting that it is time for Africa to prioritize self-investment.

Addis Ababa, February 19, 2026 (ENA) – Urgent reform of the United Nations system and comprehensive debt relief for African countries are essential to the continent’s development and global fairness, Angola's Permanent Representative to the UN, Francisco José da Cruz, said. The Permanent Representative stressed that reform of the UN, particularly the Security Council, is long overdue. While Africa now represents 54 member states at the UN, it remains without permanent representation in the Security Council. “Africa is the only continent which is not represented in the permanent seat category. This is a historical injustice that must be corrected,” he noted. Citing Africa’s common position under the Ezulwini Consensus and the 2005 Sirte Declaration, Francisco José da Cruz firmly reiterated the continent’s demand for two permanent seats with veto power and two additional non-permanent seats on the Security Council. “We represent the largest bloc at the UN. If we stand united and clear about our strategy, we can make a real difference,” he said, urging African countries to continue speaking with one voice in multilateral forums.     Moreover, Francisco José da Cruz highlighted the pressing need to reform the international financial architecture, warning that Africa’s growing debt burden is severely limiting its development prospects. “The burden of debt is undermining our capability of advancing the development agenda. The way we have access to financing is not in a preferable condition, and at the end we have to pay heavily for it.” He cautioned that without meaningful debt relief and improved access to financing on more favorable terms, achieving the Sustainable Development Goals (SDGs) will remain out of reach. “As long as we cannot address the debt and financing issue, it will be very difficult to accomplish the development goals and truly leave no one behind,” the Permanent Representative emphasized. He argued that achieving sustainable development requires a dual approach: Reforming global financing systems to ensure fairer access to capital, and strengthening internal resource mobilization. While advocating for more equitable international financial structures, Francisco José da Cruz said that African countries can undertake transformative projects through domestic efforts, highlighting Ethiopia’s financing of the Grand Ethiopian Renaissance Dam. “If Ethiopia did it, other African countries can also mobilize internal resources for transformative infrastructure projects,” he noted. He urged African nations to adopt a pragmatic, step-by-step approach to continental integration. Regional integration, according to him, remains key to accelerating development. The Permanent Representative finally remarked that unity among African nations remains critical in pushing forward both UN reform and financial restructuring. “We can only advance our interests if we stand together, stronger and more united,” he said.

Addis Ababa, February 19, 2026 (ENA) – The national initiative to modernize the lives of farmers through the Rural Corridors Program is gaining momentum across the country, according to Prime Minister Abiy Ahmed. Commenting on the progress of the Mede Jalela kebele Rural Corridors Program in East Wellega zone of Oromia Region today, he said the project is "creating a sustainable and dignified living environment for the community." The transformation in the kebele includes modern solar power, biogas systems, livestock pens, bathrooms, and landscaped green spaces, he added. The PM emphasized that this broader "initiative to transform the lives of our farmers through the Rural Corridors Program is advancing nationwide," marking a shift toward integrated and climate-resilient rural development.

Addis Ababa, February 19, 2026 (ENA) –The construction of the Sorga Eco Lodge, a landmark project situated on the serene shores of Sorga Lake, is advancing with remarkable momentum, Prime Minister Abiy Ahmed said. Located a mere 6 kilometers from Nekemte city and spanning 14 hectares, the project represents a significant stride in the nation’s commitment to expanding its tourism footprint while fostering local economic vitality. In a social media post regarding the project’s progress, PM Abiy Ahmed said "…, the lodge is designed to preserve the local environment while creating jobs for skilled professionals in construction and hospitality. It will support the surrounding community and promote sustainable tourism in the region." The lodge is envisioned as a sanctuary that harmonizes modern hospitality with environmental stewardship.

Addis Ababa, February 19, 2026 (ENA) – Prime Minister Abiy Ahmed today laid the foundation stone for the construction of the Busa Gonofa Integrated Food Industry.     The project once completed will have a processing capacity of 2,000 tons of maize and 120 tons of soy bean per day. ‘‘the Busa Gonofa Integrated Food Industry for which we have launched the construction will be a modern facility for processing maize and soy bean flour, along with 14 other maize-based products.’’ prime minister Abiy announced in his social media.     According to him, the project will also create jobs for over 6,500 permanent and contract employees and generate a wide market for local farmers, cooperatives, and private seed producers, enhancing the value chain and boosting the local economy.