Ethiopia and IFC Partner to Launch Country’s First Mortgage Refinance Company Capitalized at 100 Billion ETB

Today, I oversaw the signing of a landmark Framework for Cooperation between the National Bank of Ethiopia and the IFC to establish our country’s first dedicated Mortgage Refinance Company. Capitalized at 100 Billion ETB, with the IFC set to contribute a minimum of $200 million, this wholesale institution will resolve long-standing liquidity mismatches in our…

Ethiopia Achieves Historic Landmarks Signaling Strong National Economic Renewal

August 27, 2018 The Government Communication Service has announced that the concluding year of 2018 E.C. marked historic turning point signaling Ethiopia’s national economic renewal and stability. The Service issued a statement officially revealing the context, designations, and core themes under which this year’s Pagumedays will be celebrated.  During a media briefing, State Minister Kebede Desisa stated that the…

Ethiopia’s Diplomatic Influence is Growing, Strategic Demands Continue to Gain

August 25, 2018 Ethiopia’s diplomatic relations, built on peace, mutual benefit, and respect for sovereignty, are achieving tangible victories today. Our country’s stance is increasingly respected in continental and international arena, and its diplomatic influence continues to expand. As a nation of over 130 million people playing a leading role in peacekeeping, counterterrorism, and regional…

Rural development must be measured not only by what is built, but by how people’s lives change as a result.

The rural corridors initiative is therefore taking a practical, people-centered approach: improving connectivity, creating better living conditions, and unlocking economic opportunities within rural communities. The goal is to move beyond fragmented interventions and build rural areas that are productive, connected, resilient, and attractive places to live and work. #PMOEthiopia#EthiopiaDelivers

Ethiopia’s new foreign policy has liberated the nation from dependency and passive compliance, granting it an influential standing honoring its history, independence, and rapid growth.

Ethiopia’s new foreign policy has liberated the nation from dependency and passive compliance, granting it an influential standing honoring its history, independence, and rapid growth.

Guided by the “4As” principle, the country forges strategic self-reliance by serving as an Active global participant, pursuing Alternative multi-bloc diplomacy, remaining Adaptive amid fast-moving geopolitical shifts, and acting as an Agenda Setter that secures national interests over external dictates. To sustain this posture, Ethiopia is rapidly building its economic, defense, people-to-people, and technological capabilities…

Friendship Park, in the heart of Addis Ababa, stands as one of the first multi-utility public spaces developed under the Medemer Government over the past eight years.

Friendship Park, in the heart of Addis Ababa, stands as one of the first multi-utility public spaces developed under the Medemer Government over the past eight years.

In just the last four years, this park by itself has generated close One Billion Birr in revenue, while creating employment and economic opportunities both directly and indirectly. More importantly, it has become a space where people from all walks of life converge. From families and children, sports groups and wedding parties, to digital creators…

“A digital skills experience-sharing program for the ‘5 Million Ethiopian Coders’ initiative was held, hosted by the Office of the Prime Minister.”

Following Prime Minister Abiy Ahmed’s public call for Ethiopia’s youth to join the 5 Million Ethiopian Coders Initiative and expand its reach to 7 million participants by the end of the rainy season, the Office of the Prime Minister hosted an experience-sharing program on the Initiative. The event brought together certified graduates, industry leaders, policymakers,…

Big points: Prime minister Abiy Ahmed’s stay with Oromia Broadcasting Network (OBN)

Unlawful joint and union: The armed forces in Oromia, Amhara and Tigray regions can’t defeat the government, they have created unlawful arrests. Old political view: TPLF group is in trouble with old political ideas, leadership and ideas that cannot be succeeded at this time. Making weapons: This group is using the armed forces in other…