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Ethiopia’s Local Manufacturing Covers $4.85 Billion in Imports Within Nine-Month Period
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…
WTO Accession Progress Intensifies as Ethiopia Presents Updated Commitments in Geneva Meeting
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…
Ethiopia and AfDB strengthen partnership on economic reforms and development priorities
Addis Ababa, April 2026 (FMC) — Ethiopia and the African Development Bank have reaffirmed their strategic partnership during talks held on the sidelines of the 2026 Spring Meetings of the…
Ethiopia’s Reform Agenda Gains Strong IMF Backing Amid Global Uncertainty
Addis Ababa, April 19, 2026 (FMC) — The International Monetary Fund has expressed strong support for Ethiopia’s economic reform agenda as the country continues to navigate a challenging…
Macroeconomic Reform Drives Strong Economic Performance Across Key Sectors: Prime Minister Abiy
Addis Ababa, April 17, 2026 (FMC) — Ethiopia’s comprehensive macroeconomic reform has delivered significant improvements across key sectors of the economy, strengthening productivity,…
Major Investments in Energy and Logistics Drive Ethiopia’s Industrial Transformation: PM Abiy
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…
Ethiopia Calls for Accelerated Financing of Regional Corridors at Horn of Africa Initiative Meeting
Addis Ababa, April 17, 2026 (FMC) — Ethiopia has called for faster and more coordinated financing of regional transport corridors, emphasizing their central role in driving trade and…
Ethiopia and Afreximbank Discuss African Self-Reliance, Economic Cooperation
Addis Ababa, April 12, 2026 (FMC) — Ethiopia’s Minister of Finance Ahmed Shide and Governor of the National Bank of Ethiopia Eyob Tekalign held talks with African Export-Import Bank…
Ethiopia’s Reform of State-Owned Enterprises Shifts Them from Fiscal Burden to Engine of Growth and…
Addis Ababa, April 7, 2026 (FMC) — A landmark transformation of Ethiopia’s state-owned enterprises (SOEs) has turned entities that once relied on government support into major contributors…
National Bank of Ethiopia and China’s Central Bank Strengthen Strategic Financial Partnership
Addis Ababa, April 2, 2026 (FMC) – The Governor of the National Bank of Ethiopia, Eyob Tekalign, met in Beijing with the Governor of the People’s Bank of China, Pan Gongsheng, in discussions…