Addis Ababa, October 1, 2026 (FMC) — Ethiopia and the World Bank have agreed to deepen strategic cooperation to accelerate private sector-led growth, strengthen economic resilience and advance the country’s development priorities.

Minister of Finance Ahmed Shide and Governor of the National Bank of Ethiopia Eyob Tekalign held discussions today with World Bank Managing Director of Operations Anna Bjerde and Regional Vice President for Eastern and Southern Africa Ndiamé Diop on Ethiopia’s ongoing economic reforms and expanded areas of cooperation.

​

Addis Ababa, October 1, 2026 (FMC) — As the world marks International Coffee Day, Ethiopia stands at the heart of a global coffee story that connects ancient traditions, millions of livelihoods and a rapidly evolving international industry.

Widely recognized as the birthplace of coffee, Ethiopia has cultivated a distinctive coffee culture in which the bean is far more than an agricultural commodity.

Coffee is deeply woven into the country’s social traditions, with the Ethiopian coffee ceremony serving as a longstanding expression of hospitality, community and cultural identity.

Addis Ababa, September 30, 2026 (FMC) — Ethiopia’s comprehensive macroeconomic reform is producing measurable gains, including reduced debt pressure and a significant decline in inflation, according to senior government officials.

Finance Minister Ahmed Shide said the reform is delivering tangible results as the country pursues broad-based adjustments aimed at strengthening its economic and financial foundations.

Speaking at the opening of the 2nd Finance Forum 2026 at the Adwa Victory Memorial on Tuesday, Ahmed said the progress achieved through the reform reflects the aspirations of Ethiopia and its people.

Addis Ababa, September 29, 2026 (FMC) — Ethiopia is building a strong and vibrant financial sector capable of mobilizing the resources needed to advance investment and the country’s broader development ambitions, National Bank of Ethiopia (NBE) Governor Eyob Tekalign said.

Speaking to the media on the sidelines of the second Ethiopia Finance Forum in Addis Ababa, Governor Eyob said successful implementation of the country’s development strategy requires substantial resource mobilization, particularly financial resources to support investment and development.

Addis Ababa, September 29, 2026 (FMC) — Ethiopia’s Deputy Prime Minister Temesgen Truneh has invited investors and development partners to look beyond temporary challenges and engage with the institutions, markets and opportunities the country is building.

Opening the 2nd edition of Ethiopia Finance Forum 2026 today, the Deputy Prime Minister said Ethiopia’s economic reforms must ultimately be measured by the opportunities they create for people and businesses.

He highlighted expanding access to finance for women, youth, farmers and micro, small and medium enterprises (MSMEs), deepening financial and capital markets, strengthening digital and financial infrastructure, and mobilizing greater domestic and international private capital for productive investment.

Addis Ababa, September 25, 2026 (FMC) — A pipeline can be measured in kilometres. Its significance can be measured in something far greater: the markets it connects, the industries it enables and the economic space it helps create.

The Ethiopia-Djibouti petroleum products pipeline is one more piece in an emerging infrastructure architecture that is quietly reshaping the economic geography of the Horn of Africa. Its 120 kilometres are not simply another route for moving fuel; they form part of a growing network in which ports, railways, highways, logistics centres, storage facilities and energy systems increasingly operate as one connected economic corridor.

Addis Ababa, September 24, 2026 (FMC) — Ethiopia’s new US$12.5 billion international airport project is being advanced as a major investment in connectivity, with the potential to strengthen the country’s role as a gateway for continental trade and support the deeper economic integration envisioned under the African Continental Free Trade Area (AfCFTA), President Taye Atske-Selassie said.

Addressing the 81st United Nations General Assembly in New York, President Taye said Ethiopia has worked to promote cooperation and regional integration through infrastructure development, trade and people-to-people relations across Africa.

Addis Ababa, September 24, 2026 (FMC) — Ethiopia has highlighted its progress in digital financial inclusion, digital identity and digital payments at a high-level side event held on the margins of the 81st United Nations General Assembly in New York.

The event, convened by the Permanent Mission of Ethiopia to the United Nations in collaboration with the United Nations Capital Development Fund (UNCDF), brought together ministers, development partners and private-sector representatives to examine how digital financial inclusion can accelerate implementation of the Sustainable Development Goals (SDGs).

Addis Ababa, September 16, 2026 (FMC) — Ethiopia has the potential to sustain annual economic growth of between 9 and 11 percent for decades, supported by expanding agriculture and manufacturing, natural resource development, tourism and its large youthful population, Capital Investment Bank CEO Zemedeneh Negatu said.

Zemedeneh said Ethiopia’s prospects should be considered against the backdrop of its ongoing economic transformation and the significant resources that remain available for development.

He identified several potential drivers of sustained growth, including the transformation of agriculture from subsistence farming toward mechanized and commercial production.

Addis Ababa, September 18, 2026 (FMC) — Ethiopia’s new year marks more than a change in the calendar, with the country opening what the FDRE Government Communication Service (GCS) described as a new chapter shaped by national choices, consultation, resilience and development.

In a message shared Friday, the GCS said Ethiopia has recorded achievements over the past few years that had remained unattained for decades, attributing the progress to sustained efforts and a new culture of setting ambitious goals, starting projects and completing them.

Addis Ababa, September 17, 2026 (FMC) — The International Finance Corporation (IFC) has welcomed Ethiopia’s economic reform efforts, noting that progress in the foreign-exchange market, international reserves and inflation is helping ease some of the major constraints that had previously discouraged private-sector investment.

IFC Managing Director Makhtar Diop said Ethiopia had made substantial headway in addressing economic challenges that had historically generated uncertainty for investors.

Recalling his earlier engagement with Ethiopia, Diop identified three major constraints: elevated inflation, foreign-exchange pressures and insufficient reserve levels.

Addis Ababa, September 15, 2026 (FMC) — Ethiopia did not arrive at the 18th BRICS Summit in New Delhi only with a list of expectations.

It arrived with assets, capabilities and a proposition about its place in a changing global economy.

Across Prime Minister Abiy Ahmed’s interventions, a broader message emerged: Ethiopia wants to participate in the emerging economic architecture of the Global South not merely as a country seeking finance, technology and markets, but as a country capable of contributing to the connections, capacities and opportunities that make such cooperation work.

Addis Ababa, September 15, 2026 (FMC) — For Ethiopia, the search for reliable access to the sea has never been only about reaching the coastline. At the 18th BRICS Summit in New Delhi, Prime Minister Abiy Ahmed placed that long-standing national quest inside a much larger economic picture: how a large and growing economy can move more efficiently toward international markets, deepen trade with fellow BRICS economies, attract investment, strengthen commercial resilience and widen its participation in the global economy.

The significance of his intervention lay in the way he connected issues that are often discussed separately.

Addis Ababa, September 16, 2026 (FMC) — Ethiopia is advancing an integrated transition toward a green, climate-resilient and sustainable transport system, linking electric mobility with renewable energy, digital infrastructure, domestic manufacturing, investment and skills development, Minister of Transport and Logistics Alemu Sime said.

The Minister made the remarks while delivering an opening address at the Nordic–Africa Climate Summit in Addis Ababa, where he emphasized stronger international cooperation, technology transfer and financial support as essential to accelerating the transition to green transport.

Addis Ababa, September 14, 2026 (FMC) — BRICS member states have reaffirmed their support for Ethiopia’s bid to join the World Trade Organization (WTO), its candidacy for the International Civil Aviation Organization (ICAO) Council, and its presidency of the UN climate change conference COP32.

The positions are reflected in the New Delhi Declaration adopted at the 18th BRICS Summit held in New Delhi, India, from September 12 to 13, according to a social media post by the Office of the Prime Minister.

The declaration states that BRICS strongly supports Ethiopia and Iran in their bids for accession to the WTO, within efforts to strengthen the participation of developing countries in the multilateral trading system.

Addis Ababa, September 13, 2026 (FMC) — Ethiopia has offered to host a New Development Bank (NDB) office in Addis Ababa, as Prime Minister Abiy Ahmed called for stronger African representation and wider access to finance and markets during the BRICS Plus Session.

The session brought together BRICS member states and partner countries, providing a platform for discussions on Africa’s role in emerging global economic arrangements and opportunities for stronger cooperation across developing economies.

Prime Minister Abiy called for stronger African representation, greater access to finance and markets, and practical measures to advance trade, investment and connectivity.

Addis Ababa, September 13, 2026 (FMC) — Ethiopian Prime Minister Abiy Ahmed has put easier cross-border payments and greater use of local currencies on the BRICS economic agenda, highlighting their potential to lower costs and support trade among participating countries.

Addressing the 18th BRICS Leaders’ Summit in New Delhi, Prime Minister Abiy said Ethiopia’s experience with major economic reforms and external debt restructuring had given it a direct perspective on the pressures faced by economies navigating financial constraints.

“We have undertaken major economic reforms. And we are restructuring our external debt,” he said, before underscoring the cost of prolonged pressure on an economy.

Addis Ababa, September 12, 2026 (FMC) — Ethiopian Prime Minister Abiy Ahmed has reaffirmed Ethiopia’s readiness to build partnerships within BRICS around minerals, renewable energy and the country’s growing industrial base, while stressing the opportunity to bring capital, technology and markets together to create greater value where resources are found.

Prime Minister Abiy made the remarks at the 18th BRICS Summit in New Delhi, India, held under the theme “Building for Resilience, Innovation, Cooperation and Sustainability.”

He highlighted the economic capabilities represented across BRICS and the opportunity to connect them in ways that generate greater value and strengthen productive activity where resources are found.

Addis Ababa, September 10, 2026 (FMC) — Prime Minister Abiy Ahmed today inaugurated the first phase of the expansion of a state-of-the-art logistics center in Mojo, describing the 60-hectare facility as a major step in Ethiopia’s efforts to make the African Continental Free Trade Area (AfCFTA) a success for the country and the continent.

In a message shared on his social media pages following the inauguration, Prime Minister Abiy said the logistics hub is designed to strengthen Ethiopia’s capacity to handle cargo, support domestic value addition and expand its links with regional and continental markets.

Addis Ababa, September 7, 2026 (FMC) — Ethiopia is laying the foundations for broad-based prosperity by mobilizing its national capabilities, expanding productive sectors and advancing major infrastructure and institutional reforms, the Government Communication Service (GCS) said.

The GCS made the remarks in a statement issued on Pagume 2, observed as the Day of Renewal under the overarching theme “Ethiopia’s Renewal,” highlighting the country’s efforts to turn its development ambitions into tangible and sustainable progress.

Addis Ababa, September 4, 2026 (FMC) — Ethiopia’s establishment of its first dedicated mortgage refinance institution is poised to transform access to homeownership, expand affordable housing and create new avenues for household wealth accumulation, prominent Ethiopian-American investment banker and economist Zemedeneh Nigatu said in an exclusive interview with Fana Media Corporation.

His assessment follows the signing of a landmark Framework for Cooperation between the National Bank of Ethiopia (NBE) and the International Finance Corporation (IFC) to establish the institution, which will be capitalized at 100 billion Birr, with the IFC contributing a minimum of 200 million US dollars.

Addis Ababa, September 3, 2026 (FMC) – Ethiopia is moving to build a new layer of financial infrastructure behind one of its most consequential development challenges: how to make homeownership more attainable in a country where housing demand has expanded faster than both housing supply and access to long-term finance.

The move took concrete shape on September 3, 2026, when Prime Minister Abiy Ahmed oversaw the signing of a landmark Framework for Cooperation between the National Bank of Ethiopia (NBE) and the International Finance Corporation (IFC) to establish Ethiopia’s first dedicated Mortgage Refinance Company, capitalized at 100 billion Birr.

Addis Ababa, September 3, 2026 (FMC) — Ethiopian Prime Minister Abiy Ahmed today oversaw the signing of a landmark Framework for Cooperation between the National Bank of Ethiopia (NBE) and the International Finance Corporation (IFC) to establish Ethiopia’s first dedicated Mortgage Refinance Company, capitalized at 100 billion Birr.

In a message shared on his social media pages following the signing, Prime Minister Abiy said the IFC is set to contribute a minimum of $200 million to the wholesale institution. He said the institution will address long-standing liquidity mismatches in Ethiopia’s banking sector and unlock accessible mortgage financing across the country.

Addis Ababa, August 29, 2026 (FMC) — The International Monetary Fund (IMF) has applauded Ethiopia’s ongoing reform efforts, saying the measures have significant potential to propel economic growth and advance the country’s broader development agenda.

The assessment was made during a wrap-up meeting between Ethiopia’s Ministry of Revenues and IMF representatives on the progress of the country’s reform agenda and areas of continued cooperation.

State Minister of Revenues Yasmin Wohabreb said Ethiopia is implementing key measures to sustain its reform agenda and strengthen overall economic growth.

Addis Ababa, August 29, 2026 (FMC) — Modernizing logistics infrastructure and reducing trade frictions are critical to Africa’s economic transformation, with Ethiopia’s Mojo Dry Port offering a practical model for advancing regional integration, according to the World Bank.

World Bank Vice President for Eastern and Southern Africa Ndiamé Diop made the remarks at the launch of the World Bank report, “Integrating Africa: From Threads to Hubs.”

Diop emphasized that reducing non-tariff barriers, including border delays, inefficient payment systems and high transportation costs, is essential to expanding regional trade and strengthening cross-border supply chains.