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AGP Executive Report

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Ethiopia–Kenya Power Deal: Kenya Power has signed a fresh electricity supply agreement with Ethiopia’s Ethiopian Electric Utility, expanding imports via the Ethiopia–Kenya 500kV HVDC interconnector at about 24.07 birr per kWh, building on a long-term trade that has already brought hundreds of megawatts of mainly hydropower to Kenya. Addis Ababa Investment Push: Addis Ababa says it has pulled in over 1.3 trillion birr in capital investment in five years, issuing thousands of new and expansion investment licenses and reporting billions of birr already injected into the city economy. Monetary Policy Update: The National Bank of Ethiopia removed the temporary bank credit cap, raised the policy interest rate by 1 point to keep tight conditions, cut the foreign exchange commission rate, and adjusted export surrender requirements to support the FX market and ease import costs. Diplomacy: Prime Minister Abiy Ahmed met Benin President Romuald Wadagni to deepen bilateral ties, while Ethiopia also said it is actively working with Saudi authorities to protect Ethiopian nationals, noting nearly 2,000 benefited from Saudi royal amnesties. Air Connectivity: Ethiopian Airlines inaugurated direct passenger service to Mauritius, adding another link to its Addis Ababa hub. Regional Security & Human Rights: Ethiopia’s foreign ministry reiterated consular engagement for citizens abroad as regional tensions and migration pressures continue to shape diplomacy.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

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X marks the spot: Inside Africa’s biggest $12.5bn airport hub in Ethiopia

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Jun. 25, 2026

Ethiopia: ICRC provides seeds and fertilizers to 132,000 people

International Committee of the Red Cross

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8 hours ago

Soap Noodles Market to Near $5.78 Billion by 2035 as Traceability and Premiumization Reshape the Cleansing Industry

EIN Presswire

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Jun. 30, 2026

Commemoration of International Day for Countering Hate Speech 2026 in Ethiopia

UNESCO

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Jun. 1, 2026

Ethiopia Votes in Landmark Election as Abiy Seeks New Term

MENAFN

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Jun. 1, 2026

Ethiopia Holds Election Amid Security Concerns, Political Strain

MENAFN

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May 31, 2026

Ethiopia Holds Election as Ongoing Conflict Prevents Widespread Voting

MENAFN

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