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Ethiopia
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for the 19 Jan - 25 Jan
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Ethiopia is advancing reforms to position itself as a regional aviation hub, Transport and Logistics Minister Alemu Sime said. The Ethiopian Civil Aviation Authority licensed an aircraft maintenance provider under the Ethiopian Air Force and an aviation training school for international cargo services. Officials said the measures will reduce airline maintenance costs, expand the skilled workforce, and support new infrastructure, including the Bishoftu International Airport, to strengthen Ethiopia’s aviation and logistics sector.
Ethiopia and the World Bank signed an additional $250 million financing agreement to support the Urban Productive Safety Net and Jobs Project. The funding will improve incomes for the urban poor, expand labour market inclusion for youth and women, and support refugees and host communities. Key measures include labor-intensive public works, livelihood grants, and strengthened social assistance systems through cash transfers and reintegration services.
Ethiopia is accelerating nationwide road development as part of its broader economic transformation agenda, according to the Office of the Prime Minister. Ongoing projects include new highways, upgraded transport corridors, and expanded rural and urban road networks. Officials said the investments are reducing travel times, lowering logistics costs, and improving safety. The expanded network is supporting trade, agriculture, and industrial activity while improving access to services and strengthening regional connectivity.
Ethiopia recorded major macroeconomic improvements following seven years of Home-Grown Economic Reforms, Finance Minister Ahmed Shide said at the Finance Forward Ethiopia conference. He cited stronger fiscal stability, higher revenues, and reduced deficits. Government revenue increased more than fourfold, tax revenue rose sharply, and $25 billion in external resources were mobilized. Officials said the reforms strengthened public institutions, supported inclusive growth, and stabilized the broader macroeconomic environment.
Ethiopia and Japan advanced bilateral economic engagement as a Japanese delegation led by State Minister for Foreign Affairs Kunimitsu Ayano visited the Bole Lemi Special Economic Zone in Addis Ababa. Officials from the Industrial Parks Development Corporation briefed the delegation on investment opportunities and expansion plans. The visit, alongside the Ethiopia–Japan Business Forum, aimed to strengthen trade ties and promote Japanese private sector investment.
Ethiopia promoted its renewable energy market and green investment framework at the 16th Assembly of the International Renewable Energy Agency in the United Arab Emirates. Officials highlighted Ethiopia’s 98% clean power mix, renewable-backed industrial policies, and electric mobility initiatives as opportunities for private sector participation. Ethiopia also positioned the upcoming COP32 in 2027 as a platform to attract green finance, expand regional energy markets, and scale commercial renewable projects across Africa.