News

Ethiopia's Council of Ministers approved €80M from the French Development Agency and €110M from the European Investment Bank for economic reforms and rural microfinance. The council also approved agreements for a urea fertilizer facility and cyber security infrastructure regulations.

Ethiopia introduced a mandatory aviation security fee applicable to all air passengers. The policy is intended to strengthen airport security infrastructure and raise operational standards across the sector.

The European Union committed over €420 million in development funding to Ethiopia. The package supports economic development, institutional capacity-building, and sector reforms.

The European Union reinstated direct budgetary support to Ethiopia following a prior suspension. The resumption signals renewed international confidence in Ethiopia's reform trajectory and fiscal management.