#Ethiopian Embassy in #Djibouti advises voluntary return of nationals before migrant crackdown deadline

The Ethiopian Embassy in Djibouti has issued a caution to Ethiopian nationals without resident permits to voluntarily return to their country of origin amid warning from Djibouti authorities to deport foreign nationals residing in the country without legal permits, including "a large number of Ethiopians."

Authorities in Djibouti set a deadline for voluntary return of foreign nationals without legal permits to stay between 3 April and 2 May 2025., “after which forced repatriations may occur.”

Since 2023, Djibouti has intensified its efforts to curb irregular migration. In April 2023, the country’s Interior Minister declared that Djibouti had become “saturated” due to a large influx of migrants, citing a figure of 220,000 undocumented arrivals in 2022. The Minister announced a sweeping crackdown on irregular migration.

In October last year, Ethiopian Embassy in Djibouti has confirmed that all 48 migrants who lost their lives in an incident off the coast of Djibouti were Ethiopian nationals. https://addisstandard.com/ethiopian-embassy-in-djibouti-advises-voluntary-return-of-nationals-before-migrant-crackdown-deadline/

Forced displacement in #Sudan’s North #Darfur overwhelming aid operations: #UN

Aid organizations are struggling to respond to the deepening humanitarian crisis in Sudan’s North Darfur, being driven by attacks by the paramilitary Rapid Support Forces (RSF), the United Nations has warned.

The UN humanitarian coordinator for Sudan, Clementine Nkweta-Salami, said in a statement released late on Sunday that access for humanitarian aid remains “dangerously restricted” in the capital city of el-Fasher and surrounding areas, where the RSF has launched multiple attacks over recent weeks.

Those attacks have triggered a mass exodus from Zamzam, Abu Shouk and other refugee camps, a situation which is “increasingly fluid” and “unpredictable” amid fears that the RSF is preparing a broader offensive.

Two years into its conflict with Sudan’s military government, the RSF attacked Zamzam – said to have sheltered up to 1 million people – and Abu Shouk camps just more than a week ago, killing at least 300 people and forcing up to 400,000 residents to flee 60km (37 miles) across the desert to the town of Tawila.

https://www.aljazeera.com/news/2025/4/21/forced-displacement-in-sudans-north-darfur-overwhelming-aid-operations-un

Former #US Senator Bob Menendez's wife, Nadine Menendez, convicted at bribery trial

Nadine Menendez, the wife of former U.S. Senator Bob Menendez, was convicted on Monday of accepting hundreds of thousands of dollars' worth of bribes in exchange for her husband doing favors for #Egypt and New Jersey businessmen.

Nadine Menendez, 58, was found guilty on all 15 counts she faced, including bribery, honest services wire fraud, and conspiracy for a public official to act as a foreign agent. She had pleaded not guilty.

Menendez will be sentenced by U.S. District Judge Sidney Stein in Manhattan on June 12.

Bob Menendez, a Democrat who represented New Jersey for 18-1/2 years, was sentenced in January to 11 years in prison.

"Nadine Menendez and Senator Menendez were partners in crime," acting Manhattan U.S. Attorney Matthew Podolsky said in a statement after the verdict. "Together, Nadine Menendez and the Senator placed their own interests and greed ahead of the interests of the citizens the Senator was elected to serve."

https://www.reuters.com/legal/former-us-senator-bob-menendezs-wife-nadine-convicted-bribery-trial-2025-04-21/

Severe funding gap forces #UN to halt life-saving treatment for 650,000 women, children amid ‘rapidly deteriorating’ food insecurity in #Ethiopia

Despite optimistic projections by the government for the 2024 main Meher season crops – sown in June and July across major agricultural regions – the UN has cautioned in October last year that Ethiopia still faces significant food security challenges due to a combination of compounding crises.

“The situation is rapidly deteriorating,” the UN food aid agency stated. “Without urgent new funding, 3.6 million of Ethiopia’s most vulnerable people will lose access to WFP’s life-saving food and nutrition assistance in the coming weeks.”

Malnutrition rates have reached crisis levels, with 4.4 million pregnant and breastfeeding women and children requiring treatment. In several regions- including #Somali, #Oromia, #Tigray, and #Afar – child wasting rates have exceeded the emergency threshold of 15 percent.

Compounding the crisis is persistent violence and instability in Ethiopia’s Amhara region are severely hindering the humanitarian efforts, jeopardizing assistance to “more than half a million people in need,” the UN said, adding, a surge in criminal activity – including vehicle hijackings, threats, and theft – that is endangering staff and obstructing the safe delivery of life-saving aid. https://addisstandard.com/severe-funding-gap-forces-un-to-halt-life-saving-treatment-for-650000-women-children-amid-rapidly-deteriorating-food-insecurity-in-ethiopia/

#Somaliland eyes #UAE as strategic ally, diplomacy in push for global recognition and investment

In his Annual State of the Nation Address, President Abdirahman Mohamed Abdilahi Irro reaffirmed Somaliland’s steadfast pursuit of international recognition, while highlighting deepening diplomatic and economic ties with the United Arab Emirates (UAE) as a cornerstone of the nation's foreign policy.

Addressing Parliament, President Irro emphasized his administration’s efforts to elevate Somaliland’s global presence, stating, “We have worked diligently to ensure that the voice of the Republic of Somaliland is heard in key international forums.” He described the UAE as a “vital strategic partner,” announcing that the Gulf nation has pledged major investments across Somaliland’s key sectors - including livestock, agriculture, fisheries, and mining - while also committing to support Somaliland’s access to international markets.

Technical teams from both nations are already collaborating to implement these agreements. Additionally, the UAE is providing support in essential infrastructure development, including healthcare, education, water, and road construction.

The President further noted growing diplomatic engagement with the #United_States and the #United_Kingdom, citing renewed U.S. interest in Somaliland’s development agenda and ongoing UK support in security and broader partnerships.

“Somaliland is forging meaningful relationships with key nations capable of supporting our national cause,” President Irro affirmed, signaling a renewed push for sovereignty through strategic global engagement.

“We have also established meaningful diplomatic channels with key nations that are well-positioned to support our national cause. Notably, we have strengthened our engagement with the United States, encouraging greater interest in Somaliland’s development, and with the United Kingdom, from whom we have received support in the area of security cooperation and broader partnership initiatives..” he said.
https://www.horndiplomat.com/2025/04/somaliland-president-unveils-bold-foreign-policy-strengthens-global-ties/

#Ethiopia: #CPJ warns of ‘sensitive data misuse’ amid police’s continued seizure of multiple electronic devices confiscated in raid on Addis Standard

Committee to Protect Journalists (CPJ) has voiced “grave concerns about potential misuse of sensitive data,” and called on Ethiopian authorities to “drop their investigations into Addis Standard and return its equipment,”after recent police raids led to mass confiscation by the police of electrics devises from the home and office of the publication.

“The Addis Standard raids are the latest moves in the Ethiopian government’s campaign to silence independent media. The confiscation of the outlet’s equipment raises grave concerns about potential misuse of sensitive data,” said CPJ Africa Program Coordinator Muthoki Mumo.

Yonas Kedir, Editor-in-Chief of the publication, said that following a visit at the Federal Police Crime Investigation Unite on 22 April the police informed him and a defense lawyer present at the meeting that “they will access the confiscated devises”, which included eight laptops, two desktops, flash disks and external storage belonging to the publishing company, as well as 9 mobile phones belonging to its journalists, and one mobile phone belonging to a spouse of a senior staff member and “retain backup data” before returning the devises “may be sometime next week.”

Speaking to the CPJ, Jeylan Abdi, Federal Police spokesperson, said he could not comment, citing the matter, was “currently pending in court.” He failed to provide details or respond to further inquiries.

However, as of now, there is “no case brought to a court of law” against the publication, according to the editor-in-chief. https://addisstandard.com/?p=49833

#Turkey secures rights to 90 percent of oil and gas output in #Somalia deal, document shows

The full text of a wide-ranging hydrocarbons agreement between Turkey and Somalia has been made public following its submission to the Turkish Parliament for ratification on April 22. The release of the document has offered the first detailed insight into the scope, terms and strategic intentions behind Ankara’s deepening energy and defense partnership with Mogadishu. Turkey has secured sweeping operational and financial privileges according to the agreement.

The document, officially titled “Agreement Between the Government of the Republic of Türkiye and the Federal Government of the Federal Republic of Somalia in the Field of Hydrocarbons,” was signed on March 7, 2024, in Istanbul by Turkish Energy Minister Alparslan Bayraktar and Somali Petroleum Minister Abdirizak Omar Mohamed. It was only recently made public as part of parliamentary proceedings.

According to official justifications attached to the submission, the agreement is a key component of Turkey’s Africa Opening Strategy, which identifies Somalia as a priority country due to its strategic maritime location and untapped energy resources. Somali territory is estimated to contain 6 billion cubic meters of proven natural gas reserves and as much as 30 billion barrels of offshore hydrocarbon potential.
https://nordicmonitor.com/2025/04/turkey-secures-exceptional-rights-in-somalia-oil-agreement-documents-show/

#Anthrax outbreak kills seven people, 15 livestock in West #Omo zone, Southwest #Ethiopia region
At least seven people and 15 livestock have died following an anthrax outbreak in Koka Kebele, Suri District of West Omo Zone in the Southwest Ethiopia Regional State, local officials said.

The outbreak, which began on Thursday, 17 April, occurred in an area known for its significant livestock population.

Belete Girma, head of the West Omo Zone Pastoral Development Office, told DW that a joint team from the zone’s pastoral and health departments was dispatched to the affected area, confirming the presence of anthrax after conducting field assessments. “It has been confirmed that 7 people and 15 domestic animals have died from the disease,” he said.

According to Belete, health professionals have started providing medical treatment to affected individuals, while vaccinations for livestock have begun. He also noted that awareness-raising activities are being carried out in the community to prevent the spread of the disease to neighboring districts.https://addisstandard.com/anthrax-outbreak-kills-seven-people-15-livestock-in-west-omo-zone-southwest-ethiopia-region/

#Kenya set to overtake #Ethiopia as East Africa’s largest economy

Kenya’s economy is set to surpass Ethiopia’s to become East Africa’s largest this year, the International Monetary Fund (#IMF) said, after the birr was devalued. The fund estimates Kenya’s gross domestic product will be $132 billion in 2025, higher than Ethiopia’s $117 billion.

The shift follows Ethiopia’s decision to liberalize its exchange rate regime in July, ending more than five decades of tight currency controls. The birr has since depreciated by over 55% against the US dollar. The move enabled the country to secure a $3.4 billion financing package from the IMF and an additional $16.6 billion from the World Bank. It also allowed authorities to initiate negotiations with creditors to restructure at least half of Ethiopia’s $28.9 billion in external debt.

In contrast, the Kenyan shilling appreciated by around 21% in 2024, making it the world’s best-performing currency, according to the IMF. The strengthening was supported by Kenya’s $1.5 billion Eurobond sale in February, which increased gross reserves. Kenya’s Treasury said the improved external position was also driven by higher remittance inflows and export earnings over the past year.

Despite the gains, Kenya faces internal economic pressures. A plan to increase taxes and reduce the budget deficit triggered widespread protests in 2023, which left at least 60 people dead. The government later withdrew key measures, undermining fiscal targets under its four-year $3.6 billion IMF-supported program. The arrangement was terminated early, with Kenya forgoing about $850 million in expected disbursements.

https://www.bloomberg.com/news/articles/2025-04-22/kenya-set-to-overtake-ethiopia-as-east-africa-s-largest-economy

#Ethiopia: "Very disappointed to see Addis Ababa police raid Addis Standard. This is not an irresponsible scandal sheet but an objective publication. No government likes independent media - which holds those in power accountable - but democracies accept it."

Former U.S. Assistant Secretary of State for African Affairs Ambassador Tibor Nagy reacting to the news of the police raid on this publication and seizure of multiple electronics devises on 17 April.

#Egypt-#Djibouti: President Sisi, Djiboutian counterpart reject threats to security, freedom of navigation in #Red_Sea

Egypt’s President Abdel Fattah El Sisi and his Djiboutian counterpart Ismail Omar Guelleh have witnessed the signing of several agreements and memoranda of understanding (MoUs) on Wednesday.

This came during their meeting at the Djiboutian presidential palace, where an official reception ceremony was held for president Sisi, the presidency spokesperson said.

The two leaders held a tete-a-tete meeting, followed by an expanded session attended by the delegations of both countries. Then, the Djiboutian president held a luncheon in honor of President Sisi.

They witnessed the signing of several agreements and MoUs, and then held a press conference during which they reviewed the highlights of the discussions.

During the conference, President Sisi and his Djiboutian counterpart reiterated their rejection of threats to security and freedom of navigation in the international trade in the Red Sea, underlining the importance of adhering to the principles and foundations of regional security.

They agreed on the exclusive responsibility of the countries bordering the Red Sea and the Gulf of Aden to govern and secure this important international maritime passageway.

https://www.egypttoday.com/Article/1/139755/President-Sisi-Djiboutian-counterpart-reject-threats-to-security-freedom-of

#Ethiopia: More than 100 people killed in drone strike in East #Gojjam zone, #Amhara region; eyewitnesses report civilian casualties

More than 100 people were reportedly killed in a drone strike on Thursday, 17 April, in Gedeb, a rural town in Enarj Enawga district of East Gojam Zone, Amhara region, according to residents and eyewitnesses who spoke to the BBC. The attack, which occurred near Gedeb Primary School, struck an area where locals had gathered for what they described as “development work,” including building a fence for the school. One resident, who said he was present at the time, described a scene of “screaming, commotion, and panic,” and added, “Everything turned black… there were no recognizable human forms in the entire area.” Another resident who sustained injuries said there was a “heavy explosion” and claimed that “many people were injured.”

Locals reported that between 115 and 120 bodies were buried at Gedeb St. Giorgis Church, with one man saying, “I think there might be more unaccounted for because we were in a state of panic.” Residents said that bodies were buried in a mass grave in about five graves. The incident, which occurred days before the Easter holiday, left the community in mourning, with one witness saying, “It didn’t feel like a holiday at all.” However, Enarj Enawga district administrator Mulu Gete told the BBC the drone strike targeted “extremist” #Fano militants and dismissed reports of civilian deaths as “enemy propaganda.”

https://addisstandard.com/?p=49854

#Ethiopia: “Going to #Saudi-Arabia, or to my grave”; despair drives #Oromia youth to risk deadly migration

Negesu Tabse, an elderly farmer in Kofele, a district of the Arsi Zone in central Oromia, remembers the day his 17-year-old son disappeared from their home. “Sometimes Abdelfattah would say, ‘This life is not good; maybe I need to go somewhere else,’” he recalled. Weeks later, the family received a phone call from Las Anod, a contested Somali town between breakaway #Somaliland and Puntland. Abdelfattah, who had left with the help of a dalala (smuggler), said he had been “beaten” and forced “to call for money or be killed.” Negesu sent 30,000 birr to the traffickers. “Please come back, my son, I will share everything I have with you,” he pleaded. “He didn’t accept,” said Negesu. “He said he needed to work and change his life.”

In Oromia, where protests led by the #Qeerroo youth movement erupted in 2014, frustration has increasingly given way to despair. The movement, once a powerful symbol of resistance to unemployment, displacement, and repression, is now eclipsed by a sense of resignation. “In the small towns, there is just no work,” said Terje Østebø, professor at the University of Florida and an expert on Oromia. “Corruption is completely out of control, and prisons across Oromia are filled with people.” Government forces, he added, “can accuse anyone of being #OLA… if you don’t pay, you’ll be put in prison.”

According to local officials, tens of thousands are now leaving Oromia each year, most via the so-called Eastern Route that passes through Somaliland and Puntland before attempting a crossing to Yemen and onward to Saudi Arabia. In 2024 alone, nearly 185,000 Ethiopians were recorded by the International Organization for Migration (IOM) as taking this route — a one-third increase from the previous year. Aid workers and local authorities say a significant proportion of them are Oromo. “They feel they have no choice but to go abroad and change their lives,” said Bushra Ibrahim, a Qeerroo representative in Ashoka, a small town in Kofele.

The risks are grave. Boats crossing the Gulf of Aden frequently capsize, and violence by smugglers is rampant. “Musa said: ‘Don’t follow me. The road and the situation is very difficult,’” recalled Bonsai Said, whose eldest son eventually reached Saudi Arabia after paying a ransom. But her younger son, Ramato, followed just weeks later. He too called to request money. “We are very worried,” she said. The family has not heard from him since February.

Despite the dangers, more young men continue to leave. As a popular local saying now goes: “Gala Suudii, yookin gala luudii” — “I am going to Saudi Arabia, or to my grave.”

https://www.thenewhumanitarian.org/news-feature/2025/04/23/ethiopia-frustrated-youth-south-south-migration-africa

Why #Somalia’s oil deal with #Turkiye is facing growing backlash

Billed as a win-win for development, the pact has ignited sharp criticism, with opponents arguing it grants Ankara outsized control and chips away at Mogadishu’s sovereignty.

Turkiye’s ambitions in the Horn of Africa have taken a significant leap with a hydrocarbons agreement granting Ankara extensive control over Somalia’s oil and gas exploration. While Somali and Turkish officials tout the deal as a landmark step towards energy development, critics warn it marks a troubling erosion of Somalia’s resource sovereignty.

The hydrocarbon exploration and production agreement was signed on 7 March 2024 in Istanbul by the energy ministers of Somalia and Turkiye, against the backdrop of escalating tensions between Somalia and #Ethiopia over the latter’s controversial maritime deal with #Somaliland.

https://www.theafricareport.com/382210/why-somalias-oil-deal-with-turkiye-is-facing-growing-backlash/

#Ethiopia: Three opposition parties in #Tigray reject new interim cabinet; cite “dominance by one group,” “lack of inclusivity”

Three opposition parties in Tigray—Arena, the Tigray Independence Party, and Baytona—have rejected the legitimacy of the newly formed cabinet under the Interim Administration led by Lt. Gen. Tadese Werede, citing a “lack of inclusivity” and what they described as “dominance by one group.” In a joint statement released on 23 April, the parties, which operate under the “Covenant for Tigray National Security,” claimed the administration “came to power by force” following the expiry of the previous administration’s mandate and criticized the cabinet for being “not inclusive and participatory.”

Dr. Dejen Mezgebe, Chairperson of the Tigray Independence Party, said the cabinet “only involves one group” and lacks recognition from the Tigray Interim Council. Amdom G/Selassie, Chairperson of Arena, argued that decisions by the new cabinet should be subject to council approval, a step he claimed “has been overlooked.” Yosef Berhe, Deputy Chairperson of Baytona, criticized the administration’s actions, stating that at a time when “Tigray is fragmented” and “displaced citizens in tents are dying from hunger,” the government has focused on forming a cabinet “that represents only one group” with the primary aim of “controlling the region’s resources.”

https://addisstandard.com/?p=49861

#Commentary: Roadblocked in a landlocked nation: #Gindabarat’s 75-year plea for connection

In this commentary, Teshome Hunduma (PhD), Senior Advisor for Biodiversity and Sustainable Food Systems at the Norwegian Forum for Development and Environment (ForUM), highlights Gindabarat’s decades-long struggle with geographic and infrastructural isolation. Located in the west-central highlands of #Ethiopia, approximately 193 kilometers from #Addis_Abeba, the district remains, in the author's words, “as physically close to the capital as it is politically and economically isolated.” Through a personal lens and development expertise, the piece draws attention to what he describes as “a 75-year plea for connection” — a reference to the persistent lack of an all-weather road linking the district to the rest of Ethiopia.

The article underlines how deep gorges, escarpments, and unreliable roads have left over 300,000 residents effectively cut off from essential services, markets, and national development agendas. The commentary recalls a string of unfulfilled promises by successive governments since the 1960s, including an asphalt road project re-tendered in 2024 but, according to residents, “abruptly closed without explanation or result.” Reflecting on these delays, the author recounts walking 103 kilometers barefoot in 1994 to take a passport-sized photo required for school exams — a story shared, he notes, by many in the area who continue to face what he calls “not merely administrative” but “profoundly personal” consequences.

The piece further details Gindabarat’s untapped economic potential — from diverse crop production and oilseed exports to natural gas indications and ecotourism sites like the Yaddii hot spring. Yet, as the commentary underscores, this potential remains unrealized due to “inadequate infrastructure and institutional support,” particularly the absence of reliable roads. Citing development economist Paul Collier, Teshome argues that “connectivity is foundational” to growth and warns that Ethiopia’s development rhetoric may ring hollow without rural infrastructure investments. In the words of local advocate Guddataa Taaddasaa Bantii, whose public plea is cited in the article, Gindabarat has become “an island” — not for lack of effort, but because “the road remains unbuilt.”

https://addisstandard.com/?p=49869

#Ethiopia: Police detain journalist Abebe Fikir of The Reporter Newspaper while on assignment

Addis Abeba - Abebe Fikir, a journalist with the privately owned The Reporter Newspaper, was detained on the evening of 23 April while carrying out an assignment. At the time of his detention, he was gathering information from officials in Lideta Sub-city as part of an effort to present a balanced news story, according to The Reporter.

The circumstances surrounding his detention remain unclear. Following his sudden disappearance, The Reporter said they contacted the Addis Abeba Police Commission to inquire about his whereabouts. The PR office cooperated in locating the journalist, confirming that he is currently being held at a police station in Gejja Sefer, within Lideta Sub-city.

"Abebe was simply doing his job - seeking the truth and ensuring all sides of a story were represented. His arrest is deeply concerning and raises serious questions about press freedom and the treatment of journalists in Ethiopia."

#Somalia's parliamentary committee criticises oil deal with #Turkey; cites lack of transparency

Somalia’s parliamentary Natural Resources Committee has expressed strong opposition to a controversial oil and gas deal signed with Turkey, following leaked documents indicating that Ankara would receive 90% of the revenue from offshore oil and gas production, while Somalia would earn only 5%.

In a statement issued on Thursday, the committee said the agreement—reportedly signed by former petroleum minister Abdirisak Omar Mohamed in early 2024—was concluded “without prior consultation with Parliament.” It added that “lawmakers were not informed of the deal,” and claimed the agreement contravenes “Somalia’s legal and constitutional frameworks.”

Committee members further alleged that the deal was “pushed through without proper scrutiny,” and said the public and civil society have only recently become aware of its contents. “The fact that Turkey gets the lion’s share while Somalia receives just 5% is unacceptable and shocking,” said one member of the committee, adding that the arrangement “raises questions about whose interest this deal really serves.”

https://www.garoweonline.com/en/news/somalia/somalia-s-parliamentary-committee-opposes-secretive-oil-deal-with-turkey

#Ethiopia: #ONLF accuses #Somali region security forces of disrupting women’s meeting, reports injuries and detentions

The Ogaden National Liberation Front (ONLF) chaired by Abdirahman Mahdi has accused security forces in the Somali Region of disrupting a women’s meeting in #Jigjiga, detaining its members and injuring others. In a statement issued on April 24, the group said the incident was part of a “widening crackdown” on its supporters and political space.

The statement said “a peaceful meeting” of the Ogaden Women’s Association held at its “regional office in Jigjiga” was “violently disrupted by armed security forces.” It claimed that “several ONLF members were injured,” a “renowned cultural figure” was hospitalized, and “a number of ONLF officers” were detained. The group described the incident as “an attack” on “unarmed civilians and legitimate political actors.”

https://addisstandard.com/?p=49873

Al-Shabaab terrorists attack strategic army base in #Somalia, multiple casualties on both sides

Al-Shabaab militants launched a pre-dawn assault on a National Army base in #Wargaadhi village, Middle Shabelle region, on Thursday, leading to what officials described as “fierce combat” between government forces and the al-Qaeda-linked group. The attack, which targeted one of the most strategic bases in the area, reportedly caused multiple casualties on both sides.

A security official, who spoke to Anadolu Agency on condition of anonymity, said the army, supported by local militias, “engaged in heavy fighting” after the group attempted to overrun the base. While al-Shabaab claimed it had seized control of the village, the Defense Ministry rejected the assertion, stating that Wargaadhi “remains fully under the control of the National Army and local forces.”

Wargaadhi, the second-largest army base in Middle Shabelle after Adan Yabaal, is seen as a critical location due to its connection with other military sites in Eel-Dheer and Masagaway, located in the neighboring Galmudug state. The group has escalated its operations in the region, particularly targeting military infrastructure, since the beginning of Ramadan.

https://www.aa.com.tr/en/africa/al-shabaab-terrorists-attack-strategic-army-base-in-somalia-multiple-casualties-on-both-sides/3547720

#Ethiopia's inflation rate to decline to 10% in 2025/2026 fiscal year, central bank governor says

Ethiopia’s annual inflation rate is projected to decline to 10% in the 2025/26 fiscal year, National Bank Governor Mamo Mihretu said on Thursday, attributing the expected drop to a set of economic reforms underway. Speaking during the IMF and World Bank Spring Meetings in Washington, Mamo stated that the current trajectory marks the lowest inflation in ten years.

The East African nation struck a four-year, $3.4 billion program deal with the International Monetary Fund last July and is undertaking far-reaching reforms which included the floatation of its birr currency and getting its debt restructuring back on track.

Mamo said inflation, which had remained around 30% for three consecutive years, fell to 13% in March. He also said the government’s reform agenda has begun to stabilize key macroeconomic indicators. “One of the most serious issues that we faced before the reform was the dwindling and falling reserves that we had to worry about on a daily basis,” he said. “After the reform, our reserves level increased threefold.”

He projected a doubling of exports and at least a 25% increase in remittance inflows, and said foreign currency reserves had shown “a clear impact” from the reforms, with reserves across the banking system rising significantly.

https://www.reuters.com/world/africa/ethiopias-inflation-rate-decline-10-20252026-fiscal-year-2025-04-24/