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Ethiopia

Ethiopia is a landlocked country in the Horn of Africa. Its capital is Addis Ababa. With a population exceeding 120-million, it is the second most populous nation on the continent after Nigeria. The economy is primarily agricultural, with coffee as the leading export, though manufacturing and services sectors have expanded in recent years. The Ethiopian birr is the national currency. Ethiopia operates under a federal parliamentary republic, with power shared among regional states including Oromiya, Amhara, Tigray and others. The country is a member of the African Union, whose headquarters are located in Addis Ababa, and belongs to regional blocs including the Common Market for Eastern and Southern Africa. Ethiopia has pursued ambitious infrastructure development, including the Grand Ethiopian Renaissance Dam on the Blue Nile, and has positioned itself as a hub for light manufacturing and horticulture exports. Political tensions, including conflict in Tigray from 2020 to 2022 and ongoing unrest in Amhara and Oromiya regions, have affected stability and economic growth. The country has a long history as one of the few African nations never colonised, with a distinct cultural and religious heritage. Prime Minister Abiy Ahmed, leader of the Prosperity Party, has driven economic reforms and regional diplomacy, including normalising relations with Eritrea in 2018.

Latest Articles in 60 Seconds

Prosperity Party secures another large parliamentary majority in Ethiopia

Ethiopian Prime Minister Abiy Ahmed's Prosperity Party won 438 seats, roughly 90% of those announced by the national election board, securing another large parliamentary majority in elections held in June 2026. Voting did not take place in the Tigray region or some parts of Amhara owing to unfavourable conditions, with more than 50-million people registered to vote across the country.

US imposes visa restrictions on Tigray hardliners

The US State Department announced targeted visa restrictions on individuals it said were undermining peace in Ethiopia, focused on hardliners in the Tigray People's Liberation Front and their immediate family members. The department warned that rising tensions between the group and the Ethiopian government threatened to reignite conflict in northern Ethiopia and undermine regional peace and security.

Ethiopia cited as hydropower resource hub in regional power pool discussion

Ethiopia is identified as one of several African countries with abundant hydropower potential, alongside the Democratic Republic of Congo and Zambia, in discussions on regional electricity integration. The Africa Energy Indaba, scheduled for March 2027 in Cape Town, will explore how regional power pools can accelerate electrification and unlock investment across the continent.

Ethiopia Updates


The Jomo Kenyatta airport in Nairobi
Kenya signs $1.2bn deal with Chinese firm to expand Nairobi airport
24th June 2026 By: Reuters

Kenya's government has signed a 154.2-billion Kenyan shilling ($1.2-billion) agreement with China Road and Bridge Corporation to expand Jomo Kenyatta International Airport, Transport Minister Davis... 


Regional Power Pools: Africa's Greatest Opportunity to Accelerate Electrification
Regional Power Pools: Africa's Greatest Opportunity to Accelerate Electrification
23rd June 2026

As Africa strives to achieve universal access to electricity while supporting economic growth and industrialisation, regional power pools are increasingly being recognised as one of the continent's... 


Mission 300 achieving results as 50m more people gain access to electricity
Mission 300 achieving results as 50m more people gain access to electricity
17th June 2026 By: Sabrina Jardim

The World Bank Group and the African Development Bank (AfDB) have announced that their joint initiative Mission 300 has connected over 50-million people to electricity across 40 countries – a major... 


SLR Consulting business development director for the Middle East Andrew Burrow
SLR highlights growing regional energy and investment links
17th June 2026 By: Mariaan Webb

SLR Consulting business development director for the Middle East Andrew Burrow speaks to Engineering News at the Africa Energy Forum in Cape Town about opportunities and challenges in the energy... 


Minister of Justice and Constitutional Development Mmamoloko Kubayi
Xenophobic attacks are hurting South Africa's image abroad, says minister
15th June 2026 By: Reuters

A surge in attacks on foreign nationals in South Africa is damaging the country's global image and fuelling a backlash against businesses and artists, the justice minister has warned. Speaking at a... 


Busi Mavuso
Structural reforms gain traction but criminal justice enforcement lags, BLSA says
15th June 2026 By: Lumkile Nkomfe

There are emerging signs that South Africa’s structural reforms are slowly improving the country’s investment potential. In her weekly newsletter titled 'Three good news signals, one unfinished... 


Akobo’s Ethiopian operations normalise following fuel supply disruptions
Akobo’s Ethiopian operations normalise following fuel supply disruptions
10th June 2026 By: Sabrina Jardim

Following the fuel supply disruptions that temporarily impacted its Ethiopia operations during April, gold producer Akobo Minerals says key activities progressively resumed during May as diesel... 


Armscor welcomes African scientists for advanced analytical chemistry programme
Armscor welcomes African scientists for advanced analytical chemistry programme
5th June 2026 By: Sabrina Jardim

The Armaments Corporation of South Africa (Armscor) is hosting 21 scientists from 16 African countries at its Protechnik Laboratories, in Pretoria, Gauteng, from June 8 to 19 for the yearly... 


Image of Canninah Dladla
Revealing Africa’s great potential
2nd June 2026

By Canninah Dladla, Cluster President for SSA at Schneider Electric The well-known Richard Mullin quote: The only man I envy is the man who has not yet been to Africa, for he has so much to look... 


Dump truck at Allied Gold's Sadiola mine
Allied, Zijin gets greenlight for C$5.5bn merger from Canadian, African authorities
1st June 2026 By: Marleny Arnoldi

TSX- and NYSE-listed Allied Gold Corporation has received approval under the Investment Canada Act to have Hong Kong-listed Zijin Gold International acquire all of Allied’s issued and outstanding... 


Ariel view of housing
African countries to draft climate roadmaps
22nd May 2026

Ethiopia, Kenya, Nigeria and South Africa will be supported by green building network World Green Building Council (WorldGBC) to develop or advance national climate action roadmaps for the building... 


Image of Cassava Technologies CEO South Africa and Botswana Ziaad Suleman
Africa’s data centre market a generational opportunity
20th May 2026 By: Natasha Odendaal

Africa has the foundation to benefit from the growing global data centre ecosystem, delegates heard during law firm Bowmans seminar, titled Data centres and Africa’s digital opportunity: Business,... 


Dangote raises planned investment in Ethiopia fertiliser project to over $4bn
18th May 2026 By: Reuters

Nigerian-billionaire Aliko Dangote's group of companies has increased planned investment in a fertiliser plant in Ethiopia to more than $4-billion from $2.5-billion announced last year. Dangote... 


Courts that constrict freedom
15th May 2026 By: Martin Zhuwakinyu

Concluding an 11-day, four-nation African trip in Malabo, Equatorial Guinea, last month, the Catholic Church’s Pope Leo XIV spoke of the need to promote the dignity of prisoners and not to use the... 


Image of Vodacom Group CEO Shameel Joosub
Vodacom starts Vision 2030 strong as double-digit earnings reported for year
11th May 2026 By: Natasha Odendaal

JSE-listed Vodacom Group on Monday said it has had a strong start to its Vision 2030 strategy, after delivering double-digit earnings growth for the year ended March 31. During the year under... 


Most African countries not yet capable of achieving sustained industrial growth
6th May 2026 By: Rebecca Campbell

Africa still has a long way to go to achieve industrialisation, the Business Council for Africa has highlighted, in its '2025 Annual RED Index of Industrial Development in Africa'. (RED stands for... 


Global body partners with four African green building councils on the creation of climate action roadmaps
6th May 2026 By: Schalk Burger

Global organisation the World Green Building Council (WorldGBC) will support Ethiopia, Kenya, Nigeria and South Africa to develop or advance national climate action roadmaps for their building... 


Chrysos reports new fleet record, processes over one-million samples monthly
Chrysos reports new fleet record, processes over one-million samples monthly
4th May 2026 By: Sabrina Jardim

In its latest trading update, ASX-listed technology company Chrysos Corporation has reported that it achieved a new fleet record in March, processing over one-million samples in a single month,... 


African governments need to prioritise aviation, says IATA
29th April 2026 By: Rebecca Campbell

Aviation was a strategic enabler for African social and economic development, the International Air Transport Association (IATA) has highlighted, at its Focus Africa Conference, in Addis Ababa,... 


Leslie Maasdorp, Hilina Legesse and British Embassy Addis Ababa development director Amanda McLoughlin
BII funds electric mobility in Ethiopia as it targets ‘frontier markets’ under Maasdorp
28th April 2026 By: Irma Venter

UK development finance institution British International Investment (BII) has committed $5-million in debt financing to Ethiopia’s Dodai as part of the company’s $13-million Series A round. A... 


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