Ethiopia’s Finance Minister Ahmed Shide held talks with U.S. Treasury and State Department officials on the sidelines of the 2025 IMF–World Bank meetings, discussing support for Ethiopia’s Homegrown Economic Reform agenda. The discussions focused on transparency, governance, and expanding trade and investment ties. The U.S. praised Ethiopia’s reform progress and pledged continued collaboration. Ahmed also met ICSID Secretary-General Martina Polasek to advance Ethiopia’s accession, reinforcing investor confidence and alignment with global investment standards.

Etihad Airways and Ethiopian Airlines launched a frequent flyer partnership under their joint venture agreement, linking Etihad Guest and ShebaMiles loyalty programs. Members of both airlines can now earn and redeem miles across each other’s global networks. The partnership follows Etihad’s inaugural flight to Addis Ababa on October 8. It aims to expand travel options across Africa, the Middle East, and Asia, offering passengers greater flexibility, seamless connections, and enhanced reward benefits.

Ethiopia and the European Union signed a €90 million financing agreement for the 2025 Annual Action Plan, targeting economic reform, post-conflict recovery, and green growth. State Minister Semereta Sewasew and EU Ambassador Sofie From-Emmesberger signed the deal, which supports Ethiopia’s Homegrown Economic Reform Agenda and Green Legacy Initiative under the Team Europe framework. The partners also launched a Public-Private Dialogue to remove investment barriers, improve business cooperation, and strengthen Ethiopia’s investment climate.

Ethiopia’s Council of Ministers launched a 100-day macroeconomic review with a visit to the Koysha Hydropower Project, now 70% complete. Prime Minister Abiy Ahmed said the KSh1.2 billion facility demonstrates progress toward energy self-sufficiency and export potential. Located in the Southwest Ethiopia People’s Region, Koysha will be the country’s second-largest dam after GERD, generating clean energy to drive industrial growth. The project also supports local employment, infrastructure expansion, and renewable investment opportunities.

The Ethiopian Minerals Corporation (EMC) signed an MoU with Sunbird Bioenergy Africa to expand Ethiopia’s renewable energy and biofuel production capacity. The partnership will develop an integrated bioenergy project producing bioethanol from cassava, with plans to scale into sustainable aviation fuel (SAF). EMC CEO said the project aligns with Ethiopia’s green economic agenda and aims to boost energy security, reduce fuel imports, and create 120,000 jobs through large-scale cassava cultivation and biofuel processing.

Ethiopia’s Finance Minister Ahmed Shide led a high-level delegation in Washington for talks with IMF Managing Director Kristalina Georgieva on ongoing reforms and future cooperation. Shide highlighted progress in fiscal management, domestic resource mobilization, and structural transformation. The IMF praised Ethiopia’s growth and reform momentum, pledging continued support. Discussions also covered debt treatment, access to the Resilience and Sustainability Facility, and climate resilience initiatives aimed at sustaining economic stability and private sector expansion.

Ethiopia’s House of People’s Representatives (HPR) began its second regular session of the fifth year of the sixth parliamentary term in Addis Ababa, attended by Prime Minister Abiy Ahmed. Lawmakers raised questions on national priorities, government performance, and key policy directions for the fiscal year. Prime Minister Abiy is expected to address the inquiries later in the session. Diplomats, religious leaders, and representatives of political parties also attended the opening proceedings.

Ethiopia expressed readiness to host the 2026 Russia-Africa Summit, highlighting Addis Ababa’s status as Africa’s political capital and its capacity for major international conferences. Consultations between Ethiopian and Russian officials underscored the country’s suitability, with Ambassador Evgeny Teryokhin affirming strong AU support. The summit will aim to deepen cooperation in security, technology, and energy within the Russia-Africa Partnership Forum framework, continuing efforts initiated in Sochi in 2019 to enhance diplomatic and economic collaboration.

Ethiopian Foreign Minister Gedion Timotheos hailed the signing of an action plan with Russia’s Rosatom for nuclear power plant construction as a historic milestone in bilateral relations. Speaking during his official visit to Moscow, Gedion said the agreement marks a new era in Ethiopia-Russia cooperation. He also highlighted the importance of Prime Minister Abiy Ahmed’s recent talks with President Vladimir Putin, which strengthened diplomatic and energy collaboration between the two nations.