Ethiopia has become Africa’s fifth-largest economy after revising its gross domestic product figures to account for sectors including digital finance, services and manufacturing. The country’s economy was valued at $210.7 billion in the fiscal year ended July 2026, Finance Minister Fitsum Assefa announced on November 4. The revision places Ethiopia behind South Africa, Egypt, Nigeria…
Addis Ababa — Ethiopia’s Minister of Women and Social Affairs, Shawit Shanka, called on African countries to ensure women’s equal participation in political leadership and economic decision-making, saying the continent cannot realize its full development potential while marginalizing half of its population. The Minister made the remarks while addressing the joint opening session of the…
Addis Ababa — Ethiopia’s green development initiatives provide a practical lesson for African countries seeking to reduce emissions and advance climate action, UN-Habitat Regional Office for Africa Director Oumar Sylla said. In an exclusive interview with ENA, Sylla commended Ethiopia’s efforts to curb emissions through clean cooking, cleaner energy for vehicles, green corridors and large-scale…
South African industry scores better on electrification than its counterparts in Germany, the US and the UK, according to a new 16-country index. On electric vehicles, however, the country trails far behind Ethiopia, and its grid is among the index’s weakest performers. The first edition of the Electrification Competitiveness Index (ECI), developed by the We…
The 12th Tana High-Level Forum on Security in Africa has opened in Bahir Dar, Ethiopia, bringing together African leaders, policymakers and security experts to discuss the continent’s peace and security challenges, economic sovereignty and changing geopolitical landscape. The three-day forum, running from October 23 to 25, 2026, is being held under the theme “Pathways to…
Addis Ababa — Ethiopia has reformed its statistical legislation and established an independent statistical service to strengthen the production and coordination of official data, President Taye Atske Selassie said. Taye underscored the importance of reliable statistics in driving evidence-based development in Africa. Addressing the opening of the 10th Session of the Statistical Commission for Africa…
Addis Abeba — Ghana is projected to overtake Ethiopia as Africa’s eighth-largest economy in 2026, with its gross domestic product (GDP) forecast to reach US$128.64 billion, exceeding Ethiopia’s projected US$127.15 billion by US$1.49 billion, according to the International Monetary Fund’s (IMF) October 2026 World Economic Outlook (WEO), as reported by African Business Insider on 17…
Addis Abeba — Eritrea has urged the African Union (AU) to take urgent measures to restore its representation at the organization’s headquarters in Addis Abeba, saying Ethiopia’s expulsion of 10 Eritrean diplomats has effectively deprived the country of its rights to participate in the continental body’s activities. In a letter dated October 12, 2026, and…
Addis Abeba — Kenya has overtaken Ethiopia as Eastern Africa’s largest economy measured by nominal gross domestic product (GDP) in US dollar terms, according to the International Monetary Fund’s (IMF) October 2026 World Economic Outlook (WEO), a shift largely attributed to exchange-rate movements rather than faster real economic growth. The IMF’s estimates show Ethiopia’s economy…
Rwanda’s national women’s football team face an uphill battle to reach the 2028 Olympic Games after suffering a narrow 1-0 defeat to Ethiopia in the first leg of the second qualifying round at Kigali Pelé Stadium on Wednesday evening. The result leaves coach André Cassa Mbungo’s side needing a positive result in the return leg…
