PM Abiy: Every Single Birr of GERD Was Funded by Ethiopians Alone, No Foreign Aid Used

Addis Ababa, February 3, 2026 (FMC) — Prime Minister Abiy Ahmed (PhD) told members of the House of Peoples’ Representatives today that the Grand Ethiopian Renaissance Dam (GERD), Africa’s largest hydroelectric project, was completed entirely with contributions from Ethiopians, with not a single penny of foreign aid or loans.

Addressing lawmakers during the 10th regular parliamentary session, PM Abiy described GERD as a collective national achievement, made possible through the determination, resilience, and unity of Ethiopians both at home and abroad.

“It cannot be said that a government which successfully completed the Grand Renaissance Dam without any external financing is incapable of carrying out major projects,” he said.

The Prime Minister also highlighted other large-scale national projects that are currently under construction or recently launched, reflecting Ethiopia’s capacity to implement complex infrastructure independently.

The Koysha Hydropower Project, set to be Africa’s third-largest hydroelectric dam, is underway, while the Bishoftu International Airport, whose construction commenced last month, is expected to become the continent’s largest aviation hub. The Urea Fertilizer Plant in Gode, Somali Region, launched late last year, is progressing alongside the first phase of the Ogaden LNG Project and the Gode Oil Refinery, for which the foundation has been laid.

PM Abiy emphasized that these projects are not only vital for Ethiopia’s energy security, industrial growth, and regional connectivity but also demonstrate the nation’s ability to harness domestic resources and expertise.

He said the ongoing development of these mega-projects sets a benchmark for Africa, showcasing how national unity and determination can drive transformative progress without reliance on external financing.