New NBE Governor in China to Advance Debt Restructuring and Strengthen Economic Cooperation

Addis Ababa, September 22, 2025 (FMC) – Eyob Tekalign, the newly appointed Governor of the National Bank of Ethiopia, is in Beijing, leading a high-level Ethiopian delegation on a visit to China this week to engage with senior government and commercial partners.

The delegation met with officials from China’s Ministry of Finance, the People’s Bank of China, and the Export-Import Bank of China, along with representatives from major financial and commercial institutions.

The visit aims to accelerate Ethiopia’s recently concluded debt restructuring agreement with the Official Creditors Committee, co-chaired by China and France, according to a press note sent to FMC from the delegation.

The delegation will also provide updates on the Home-Grown Economic Reform Agenda, explore potential investment projects, and reaffirm Ethiopia’s commitment to strengthening economic ties with Chinese partners.

The trip underscores the longstanding partnership between Ethiopia and China and reflects both countries’ shared commitment to enhancing economic cooperation and building a stronger foundation for future collaboration.