Month: July 2025

UK Reinforces Commitment to Boosting Ethiopia’s Economic Landscape

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Addis ababa: Ethiopia’s Finance State Minister Semereta Sewasew held discussions with Baroness Jane Ramsey of Wall Heath, the UK Prime Minister’s Trade Envoy to Ethiopia. As one of only 32 global Trade Envoys, Baroness Ramsey expressed her profound honor in her role and her eagerness to cultivate strong ties with Ethiopian partners and investors. According … Read more

Ethiopian Government Finalizes Memorandum of Understanding with Official Creditor Committee

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Addis ababa: Ethiopia’s Ministry of Finance announced the conclusion of an agreement on a Memorandum of Understanding (MoU) with its Official Creditor Committee (OCC), formalizing the debt treatment agreed in principle in March 2025, offering a relief of over 3.5 billion USD. According to Ethiopian News Agency, the agreement represents an important milestone in Ethiopia’s … Read more

Ethiopian Diaspora Spearheads Innovation, Economic Growth, Says Ambassador Fitsum

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Addis ababa: The Director General of Ethiopian Diaspora Service, Ambassador Fitsum Arega underscored the pivotal and escalating role of the Ethiopian diaspora in fostering the nation’s innovation landscape and propelling its economic growth. Speaking on recent developments concerning diaspora engagement, he noted how their engagement, particularly through enhanced foreign currency inflows and strategic partnerships, is … Read more

Ethiopian Airlines Launches New Flight Route to Porto, Portugal

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Addis ababa: Ethiopian Airlines announced the commencement of a new passenger flight service to Porto, Portugal, effective as of today. According to Ethiopian News Agency, in a colorful event attended by ambassadors, ministers, and Ethiopian Airlines Executives at Ethiopian Skylight Hotel, Ethiopian marked the commencement of its new four times weekly passenger service to Porto, … Read more

PM Abiy to Appear before Parliament & Respond to Inquiries of MPs

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Addis ababa: Prime Minister Abiy Ahmed has scheduled to appear before the House of People’s Representatives (HPR) tomorrow and provide detailed explanations and respond to questions from members of the House. The session, marking the 42nd regular meeting of the HPR, will also focus on the performance of the government’s concluding budget year. According to … Read more

Africa Must Prioritize Projects that Drive Regional, Continental Integration: AU

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Addis ababa: The African Union (AU) has called on its member states to prioritize development projects that promote regional and continental integration as the continent enters the second phase of implementing Agenda 2063. In an exclusive interview with ENA, Botho Kebabonye, Director of Strategic Planning and Delivery at the African Union Commission, emphasized the importance … Read more