Addis Ababa, April 26, 2026 (FMC) – Industrial reforms undertaken in the aftermath of Ethiopia’s withdrawal from the African Growth and Opportunity Act (AGOA) have reshaped the country’s energy and manufacturing strategy, Ethiopian Prime Minister Abiy Ahmed said.

The Prime Minister made the remarks while addressing an inauguration ceremony held at the Hawassa Industrial Park, where the second phase of Toyo Solar Energy, Origin and Lumitech solar factories, and the HZ gas production plant were launched.

He recalled that the industrial park, previously centered on textile production, faced severe operational setbacks following Ethiopia’s withdrawal from AGOA, which reduced access to key export markets and left much of the facility underutilized. This, he said, exposed the risks of relying heavily on a single economic sector.

Addis Ababa, April 25, 2026 (FMC) — Ethiopian Prime Minister Abiy Ahmed has inaugurated four major industrial and energy projects in Hawassa Industrial Park, marking another step in Ethiopia’s expansion of renewable energy and industrial capacity.

The inaugurated facilities include Toyo Phase 2, Origin, and Lumintech solar factories, alongside the HZ Gas plant, all located within Hawassa Industrial Park.

The combined solar factories are expected to generate 11.3 gigawatts of clean energy annually, strengthening the country’s renewable energy output, the Prime Minister said in a social media post after inaugurating the projects.

The HZ Gas plant will produce 900 tons of oxygen, 40,000 tons of nitrogen, and 7 tons of hydrogen each year, contributing to Ethiopia’s growing industrial gas supply chain.

Addis Ababa, April 24, 2026 (FMC) – Ethiopia has substituted imported goods worth 4.85 billion US dollars with locally produced alternatives over the past nine months, marking a notable development in the country’s industrial transformation, according to Industry Minister Melaku Alebel.

Presenting the sector’s performance report in the presence of Prime Minister Abiy Ahmed, the Minister said the result reflects growing momentum in import substitution and ongoing economic reforms aimed at strengthening domestic production capacity.

He noted that the “Made in Ethiopia” initiative, also known as “Ethiopia Tamirt (Let Ethiopia Produce),” has played a central role in driving this progress by supporting domestic manufacturing and promoting rural industrialization.

Implemented by the Ministry of Industry, the initiative provides policy incentives, technical assistance, and improved market access to manufacturers, with the objective of boosting local production and enhancing export competitiveness.

Addis Ababa, April 22, 2026 (FMC) – Ethiopia’s progress in its accession process to the World Trade Organization (WTO) has intensified as updated commitments were presented during the 7th Working Party Meeting currently underway in Geneva, Switzerland.

In his opening statement, Ethiopia’s Chief WTO Accession Negotiator and Minister of Trade and Regional Integration Kassahun Gofe expressed appreciation to the Chair of the Working Party, WTO Members, and the Secretariat for their continued support and engagement in advancing Ethiopia’s accession process.

He stated that since the 6th Working Party Meeting held in September 2025, Ethiopia has made significant progress on the multilateral track, including the submission of more than 226 comprehensive responses to outstanding questions, refinement of the Draft Working Party Report, and incorporation of 32 specific commitment provisions.

Addis Ababa, April 21, 2026 (FMC) – Ethiopian Airlines and Boeing have announced the purchase of six Boeing 787 Dreamliner aircraft, with the airline fully exercising commitments from its 2023 landmark order.

The airline said it will deploy the 787-9 aircraft to expand its intercontinental network from Addis Ababa and increase cargo capacity, as demand for long-haul travel continues to rise.

Ethiopian Airlines Group Chief Executive Officer Mesfin Tasew said converting the options into a firm order marks a significant step for the airline’s fleet development.

He said the order reflects Ethiopian Airlines’ continued growth and preparation for further expansion, adding that the integration of ultra-modern aircraft such as the Boeing 787-9 Dreamliner will support operational excellence and passenger comfort.

Addis Ababa, April 17, 2026 (FMC) — Ethiopia is expanding its energy, transport, and logistics infrastructure as part of a coordinated effort to strengthen industrial capacity and support long-term economic transformation, Prime Minister Abiy Ahmed (PhD) has said.

In the second part of his interview with the Ethiopian Broadcasting Corporation (EBC) under the theme “The Heart of Sovereignty,” the Prime Minister emphasized that industrial development is closely linked to the strength of supporting infrastructure systems, particularly energy supply and transport connectivity.

He noted that industrial parks are being upgraded into special economic zones, a shift aimed at improving efficiency, reducing costs, and integrating services for investment and production. The approach, he said, reflects a broader effort to improve the quality and functionality of industrial infrastructure rather than expanding numbers alone.

Addis Ababa, April 17, 2026 (FMC) — Ethiopia’s manufacturing sector is registering notable progress under the “Made in Ethiopia” initiative, with expanded private sector participation, rising production capacity, and growing import substitution, Prime Minister Abiy Ahmed (PhD) has said.

Speaking in the second part of his interview with the Ethiopian Broadcasting Corporation (EBC) under the theme “The Heart of Sovereignty,” the Prime Minister outlined key outcomes of reforms aimed at strengthening domestic industrial capacity and reducing reliance on external inputs.

He indicated that one of the central pillars of the initiative has been the expansion of private sector engagement in production, noting a significant increase in the number of licensed businesses across the commercial landscape. According to him, the number of small and medium industries has grown markedly in recent years, alongside a rise in medium and large-scale enterprises.

Addis Ababa, April 17, 2026 (FMC) — Ethiopia and China’s Aladdin Holdings Group have signed a memorandum of understanding to establish a China–East Africa Modern Agriculture and Cultural Tourism Industry Innovation Center, marking a new phase in economic cooperation between the two sides.

The agreement was signed between the Chinese company and the Ethiopian Embassy in Beijing, according to a report by China Daily.

The proposed initiative aims to integrate renewable energy, modern agriculture, equipment manufacturing, and cultural tourism into a unified industrial and agricultural development cluster.

Under the memorandum, the two sides will focus on solar power development, industrial energy storage systems, cold-chain logistics, and agricultural robotics, with the objective of developing a scalable model for replication in Ethiopia, East Africa, and across the continent.

Addis Ababa, April 16, 2026 (FMC) — Prime Minister Abiy Ahmed said Ethiopia’s power generation capacity has reached 10,000 megawatts from the 4,000 at the beginning of the reform period.

Speaking at the inauguration of the Assela Wind Farm that adds over 100 megawatts of energy to the national grid today, he revealed that Ethiopia’s electricity generation capacity has reached 10,000 megawatts, following sweeping sector reforms over the past six to seven years.

According to PM Abiy, the sector has more than doubled its output while also recording a dramatic increase in revenue from around 7 billion Birr to over 75 billion Birr, marking a major turnaround for an institution once burdened by debt.

Addis Ababa, April 16, 2026 (FMC) — Prime Minister Abiy Ahmed this morning presided over the inauguration of the Assela Wind Farm in the East Arsi Zone of Oromia Regional State, marking a significant step in Ethiopia’s renewable energy development.

The wind farm adds 100 megawatts of clean energy to the national grid, advancing the country’s efforts to diversify its energy mix and strengthen the reliability of electricity supply, the Prime Minister said in a social media post after the commissioning of the Assela Wind Farm.

“From our determined efforts to break the darkness through wind energy, Ethiopia has steadily advanced as we proudly inaugurate the Assela Wind Farm today,” he disclosed.

The project reflects Ethiopia’s ongoing commitment to a sustainable and prosperous energy future.

Addis Ababa, April 13, 2026 (FMC) — Ethiopia’s Ministry of Finance has announced that investors operating in free trade zones and engaged in the marketing of inputs and finished products will be exempted from income tax.

In an official communication addressed to the Ministry of Revenues (MoR) and the Ethiopian Investment Commission (EIC), the Ministry stated that the government is implementing a range of measures aimed at easing structural constraints hindering domestic industrial growth, including capital shortages, limited access to inputs, and skills gaps.

As part of these efforts, Ethiopia has introduced a free trade zone framework designed to facilitate business operations by allowing investors to import inputs and goods without immediate payment of taxes and duties. Under this system, taxes are deferred until the imported inputs or products are supplied to the market.

Addis Ababa, April 3, 2026 (FMC) — China has reiterated its commitment to supporting Ethiopia’s bid to join the World Trade Organization, highlighting the strengthening economic and strategic relations between the two countries.

Speaking in Addis Ababa, Wu Weihua, Vice Chairman of the Standing Committee of China’s National People’s Congress, said China stands ready to “continue playing a positive coordination role” in advancing Ethiopia’s accession process.

The remarks came during talks with Tagesse Chafo, Speaker of Ethiopia’s House of People’s Representatives, where the two sides discussed ways to enhance cooperation at bilateral, regional, and global levels.

Tagesse underscored the long-standing and evolving partnership between Ethiopia and China, describing it as an “all-weather strategic partnership” grounded in mutual trust and shared interests.

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Addis Ababa, April 2, 2026 (FMC) – Ethiopia has undergone a far-reaching economic transformation over the past eight years, transitioning from a state-led model to a more diversified, resilient, and market-oriented economy, according to a statement issued by the Office of the Prime Minister of Ethiopia.

The statement, released to mark the eighth anniversary of the reform era launched on April 2, 2018, outlined sweeping structural changes across key sectors aimed at addressing longstanding economic constraints and unlocking new sources of growth.

Prior to 2018, Ethiopia’s economic performance was constrained by structural challenges, including limited job creation, weak export diversification, and heavy reliance on external borrowing. The Agriculture Development-Led Industrialization (ADLI) framework expanded agricultural output but remained insufficiently action-oriented and did not fully utilize the country’s agricultural potential or generate adequate rural incomes to drive industrialization. Manufacturing exports remained below three billion dollars for . . . .. . .

Addis Ababa, April 1, 2026 (FMC) – Ethiopia’s ongoing economic reforms are drawing major global investments, reflecting the momentum generated by the country’s Homegrown Economic Reform Agenda, the Office of the Prime Minister said today.

At the recent Invest in Ethiopia 2026 high-level business forum, the government announced $13.1 billion in investment agreements with partners from China, Poland, India, Singapore, and Kenya, spanning renewable energy, mining, and green ammonia, the PM Office said.

In a post on its social media pages, the PM Office highlighted that decisive reforms, including currency liberalisation and opening the banking and telecom sectors, have established a transparent, investor-friendly ecosystem, supported by modern Special Economic Zones and access to global markets through the African Continental Free Trade Area (AfCFTA).

Addis Ababa, March 31, 2026 (FMC) – Ethiopia is inviting strategic investment in its transport and logistics sector, emphasizing opportunities in sustainable and renewable energy projects.

Speaking with the leadership of the Ethiopia-China Friendship and Cooperation Committee, Transport and Logistics Minister Alemu Sime (PhD) highlighted the country’s long-standing partnership with China and reaffirmed Ethiopia’s commitment to facilitating foreign investment in key sectors.

Minister Alemu confirmed that investors will receive full support to engage in areas such as logistics, public transport, and the adoption of new energy technologies. He also noted Ethiopia’s recent decision to ban the import of gasoline-powered vehicles as a significant step toward promoting renewable energy and advancing the transition to cleaner transport solutions.

Addis Ababa, March 27, 2026 (FMC) — Ethiopia has secured investment agreements worth $13.1 billion following the conclusion of the “Invest in Ethiopia 2026” Forum, underscoring growing investor interest across key sectors of the economy, Ethiopian Investment Commission (EIC) confirmed.

The agreements, signed during the forum’s closing session, span manufacturing, agriculture and agro-processing, energy, construction, and other strategic areas, reflecting broad-based investment commitments.

The deals are expected to play a significant role in job creation, foreign exchange generation, and the transfer of technology, reinforcing their importance to the country’s economic development agenda.

Addis Ababa, March 26, 2026 (FMC) — Investment agreements in Ethiopia are increasingly being translated into tangible outcomes as reforms create a system where investors can enter, operate, and grow with confidence, Ethiopian Investment Commissioner Zeleke Temesgen said.

The Fourth Invest in Ethiopia High-Level Business Forum 2026, held under the theme “Ethiopia Ready for Business,” opened in Addis Ababa today.

The forum reflects Ethiopia’s shift toward targeted investment attraction, robust regulatory reforms, and a more integrated approach to facilitating investments that drive exports, create jobs, and advance economic transformation.

Addressing participants at the two-day forum, the Commissioner highlighted that the event comes at a critical turning point for investment in Ethiopia.

Addis Ababa, March 26, 2026 (FMC) — The deepening conflict in the Middle East has triggered one of the most serious global energy disruptions in decades, sending oil prices soaring, unsettling markets, and prompting countries around the world to rethink energy policy.

In this extraordinary context, Ethiopia’s renewable energy and electric vehicle transition has emerged as a striking — and increasingly relevant — example of resilience in a world still dependent on volatile fossil fuel markets.

The conflict intensified following military action by the United States and Israel against Iranian targets. In response, Iran’s forces effectively restricted commercial transit through the Strait of Hormuz, a narrow maritime chokepoint through which about 20 % of the world’s crude oil and LNG normally passes.

Addis Ababa, March 26, 2026 (FMC) – Ethiopia is rolling out a nationwide project to install 500,000 smart prepaid electricity meters for both existing and new customers, with a total investment of $48.8 million.

Mr. Anwar Abrar, Communications Executive Director at the Ethiopian Electric Utility (EEU), explained that the rollout includes 125,000 smart three-phase meters, 25,000 smart single-phase meters, and 350,000 offline single-phase modern prepaid meters.

According to Mr. Abrar, the project has already seen the installation of 60,457 single-phase meters for residential and commercial customers consuming up to 7.5 kilowatts of power. Additionally, 7,013 three-phase meters are currently being installed for residential, commercial, and small-scale industrial users consuming between 8 and 24 kilowatts.

The modern meters will enable prepaid customers to recharge their electricity directly via mobile phones, eliminating the need to visit service centers.

Addis Ababa, March 25, 2026 (FMC) — Prime Minister Abiy Ahmed stressed that Ethiopia’s development must be intentionally built with children and future generations in mind, warning that a nation developed only for the present cannot sustain long-term progress.

Speaking to.local TV station Kana TV, the Prime Minister framed Ethiopia as a country with unique global significance. He highlighted its indigenous alphabet, status as the birthplace of humanity, and origin of staple crops such as coffee and teff, emphasizing that these cultural and natural endowments position Ethiopians to contribute meaningfully to global innovation and development.

Pointing to the nation’s demographic strength, PM Abiy noted that Ethiopia has the second-largest population in Africa and the tenth-largest worldwide. He described this population not merely as a statistic, but as a reservoir of talent and creativity that, if nurtured through education, skill development, and opportunity, can propel the country into long-term prosperity.

Addis Ababa, March 22, 2026 (FMC) — The Ministry of Agriculture has rolled out mechanization equipment worth 2.32 billion Birr to all regional states and the Dire Dawa City Administration, advancing Ethiopia’s nationwide efforts to modernize farming and boost agricultural productivity.

The large-scale distribution is part of ongoing initiatives to reduce dependence on traditional farming methods and strengthen rural development across the country.

Minister of Agriculture Addisu Arega officially handed over the machinery to regional and city representatives at a ceremony held today, emphasizing that the rollout aims to improve both farm operations and service delivery in rural areas.

The equipment package includes 63 tractors, 71 walking tractors, 150 rice threshing machines, four egg incubators and hatcheries, five groundwater pumps, 460 solar-powered water pumping units, 15 field vehicles, 243 motorcycles, and 980 desktop and laptop computers.

Addis Ababa, March 18, 2026 (FMC) — The Industrial Parks Development Corporation (IPDC) has announced expanded financial access for investors operating in Special Economic Zones (SEZs), a move aimed at boosting investment and enhancing competitiveness.

The reform is intended to improve service delivery and create a more enabling business environment within the zones.

A half-day consultation workshop was held to strengthen banking services and enhance coordination among investors, financial institutions, and relevant government entities operating in the SEZs.

Speaking at the event, IPDC Chief Officer for Operations and Park Management, Fitsum Ketema, said financial services in the zones had previously been limited to the Commercial Bank of Ethiopia, but are now open to all banks to improve access and competition.

Addis Ababa, March 13, 2026 (FMC) — Ethiopia’s Ministry of Mines has granted investment licenses to three companies to develop potash, iron and gold resources, marking a step toward expanding domestic mineral production and export capacity.

The licenses were issued during a ceremony held today for companies that completed exploration activities and are transitioning into production.

Accordingly, Ethiopian Investment Holding received a license for potash development, ZYTB-DIM Steel Manufacturing obtained a license for iron development, and Bero Mining secured a license for gold production.

The projects are expected to require a combined investment of 4.2 billion U.S. dollars.

Speaking at the event, Mines Minister Habtamu Tegegn said Ethiopia is taking significant steps to develop its mineral resources in a structured manner and utilize them for national development.