January 10, 2018 Prime Minister Abiy Ahmed (Dr.) delivered a heartfelt message to the nation during the celebration of Timket, the Epiphany of Jesus Christ, emphasizing reconciliation, renewal, and Ethiopia’s economic growing strength. Timket, one of the most significant Christian holidays in Ethiopia, symbolizes revelation, reconciliation, and rebirth. The Prime Minister reflected on the biblical…
January 10, 2018 South West Ethiopia has welcomed a landmark addition to its tourism landscape with the official inauguration of Denbi Eco Lodge, the first destination under Prime Minister Abiy Ahmed’s Dine for Generations initiative. Covered within 36.7 hectares of untouched forest, the lodge stands as a living testament to Ethiopia’s evolving tourism sector, where…
January 8, 2018 Ethiopia is making significant progress in its quest to achieve food sovereignty, with coordinated efforts across government institutions, development partners, and local communities yielding tangible results. The national economic reform agenda has placed food sovereignty at the center of policy, aiming to reduce dependency on imports and strengthen domestic capacity to feed…
January 8, 2018 Ethiopia is making significant progress in its quest to achieve food sovereignty, with coordinated efforts across government institutions, development partners, and local communities yielding tangible results. The national economic reform agenda has placed food sovereignty at the center of policy, aiming to reduce dependency on imports and strengthen domestic capacity to feed…
Riverside development in Ethiopia is guided by a comprehensive vision that goes beyond simply treating or restoring river streams. The approach focuses on integrated infrastructure development along riverbanks, with buffer zones that may extend beyond or fall within 50 meters on each side depending on the area and local conditions. By organizing land use within…
To enable the telecommunications sector to make its full contribution to national economic growth, it is crucial to follow a sound institutional regulatory framework. Accordingly, licensing, monitoring, and regulating service providers operating in the sector is essential. Since its establishment, the Ethiopian Communications Authority has been working not only to ensure the sector’s own growth,…
Established in 2014 E.C., Ethiopian Investment Holdings has brought together 41 state-owned development enterprises under one umbrella and is implementing efforts to identify national assets and manage previously fragmented assets in an organized manner. Prior to the establishment of the institution, state-owned enterprises were facing challenges related to finance, auditing, capital, debt burden, and corporate…
Among the institutions introduced to the country’s economic system as part of the national reform, the Ethiopian Capital Market Authority is one of them. The authority is building a system that promotes the development of the capital market and serves as a bridge between capital seekers and capital providers. The capital market system, first introduced…
During the past years of reform, key reform actions have included modernizing monetary policy, improving the foreign exchange system, transforming the financial sector, and undertaking institutional reforms. These reform measures have made it possible to reduce inflation from over 30 percent in June 2019 to 9.7 percent by December 2025. Through the implementation of foreign…
