Abyssinia Business Network

Abyssinia Business Network Abyssinia Business Network (ABN) is Ethiopia’s fastest, reliable English-language daily news platform, providing timely and accurate updates.

In addition, ABN publishes a monthly magazine primarily focuses on business and economy.

Historic Collaboration Between AMA and WHO Supports Africa’s Health Security Goals.Addis Ababa, 4/2026 (ABN)In a signifi...
04/06/2026

Historic Collaboration Between AMA and WHO Supports Africa’s Health Security Goals.

Addis Ababa, 4/2026 (ABN)

In a significant step toward strengthening public health systems across the continent, the African Medicines Agency and the World Health Organization have signed a new Framework Agreement for Collaboration on the margins of the Seventy-ninth World Health Assembly.

The landmark agreement underscores a shared commitment to enhancing Africa’s health security through stronger regulatory systems, improved access to quality medical products, and greater cooperation among health institutions across the continent.
The collaboration will focus on advancing regulatory harmonization among African countries, enabling more efficient and coordinated oversight of medicines, vaccines, and other healthcare products. By aligning regulatory standards and practices, the partnership aims to facilitate faster access to safe, effective, and quality-assured medical products for millions of people across Africa.

A key component of the agreement is strengthening surveillance and response mechanisms against substandard and falsified medical products, which continue to pose significant risks to public health and patient safety. Through enhanced cooperation and information sharing, AMA and WHO will support national authorities in protecting communities from unsafe and ineffective medical products.

The Framework Agreement also prioritizes workforce and institutional capacity building, recognizing the critical role of skilled professionals and strong regulatory institutions in ensuring effective healthcare governance. Joint initiatives will focus on technical training, knowledge exchange, and strengthening the capabilities of national regulatory agencies throughout Africa.

In addition, the partnership supports Africa’s growing ambition to expand local pharmaceutical and vaccine manufacturing. By fostering a more robust regulatory environment, the agreement is expected to encourage investment, innovation, and sustainable growth within the continent’s healthcare and life sciences sectors.
Efforts to accelerate approval pathways for medicines and vaccines will also form a central part of the collaboration. Streamlined regulatory processes are expected to improve the availability of life-saving health products while maintaining the highest standards of safety, quality, and efficacy.

The agreement represents a major milestone in Africa’s journey toward building a stronger, more resilient, and integrated regulatory ecosystem capable of responding effectively to emerging health challenges and future public health emergencies.

Ambassador Lemlem Fiseha Takes Up Role at African Union Headquarters. Addis Ababa, 4/2026 (ABN)Ethiopia has reinforced i...
04/06/2026

Ambassador Lemlem Fiseha Takes Up Role at African Union Headquarters.

Addis Ababa, 4/2026 (ABN)

Ethiopia has reinforced its diplomatic engagement with the African Union following the official appointment of Lemlem Fiseha as the country’s Permanent Representative to the African Union.
Ambassador Lemlem formally presented her credentials to Mahmoud Ali Youssouf, Chairperson of the African Union Commission, marking the beginning of her tenure at the African Union Headquarters in Addis Ababa.

The credential presentation was followed by discussions on key continental, global, and institutional matters affecting Africa and the African Union. Both sides exchanged views on strengthening cooperation and advancing shared priorities aimed at promoting peace, stability, economic growth, and regional integration across the continent.

During the meeting, Chairperson Mahmoud Ali Youssouf welcomed Ambassador Lemlem to her new role and expressed confidence that her extensive diplomatic experience and leadership capabilities would contribute significantly to enhancing cooperation between Ethiopia and the African Union. He commended Ethiopia’s longstanding support for the African Union and its continued commitment to advancing the organization’s objectives and continental agenda.

The Chairperson also acknowledged Ethiopia’s constructive role in African affairs and highlighted the importance of continued collaboration between the African Union Commission and the host nation in addressing emerging challenges and opportunities facing the continent.

For her part, Ambassador Lemlem Fiseha reaffirmed Ethiopia’s unwavering commitment to supporting the African Union and its vision for a peaceful, integrated, and prosperous Africa. She emphasized Ethiopia’s dedication to working closely with the African Union Commission to advance key continental priorities, including peacebuilding, economic integration, sustainable development, and the implementation of Africa’s long-term strategic frameworks.

The Ambassador further underscored the Ethiopian Government’s readiness to strengthen its partnership with the African Union Commission and contribute actively to initiatives that promote collective progress and unity across the continent.

Her appointment comes at a time when the African Union is intensifying efforts to address critical continental issues and accelerate the implementation of development programs under Agenda 2063. As host nation of the African Union Headquarters, Ethiopia continues to play a pivotal role in supporting the institution and fostering dialogue on Africa’s future.

African Union
The Ministry of Foreign Affairs of Ethiopia

Ethiopia and U.S. Explore New Frontiers for Investment and Trade.Addis Ababa, 4/2026 (ABN) Ethiopia and the United State...
04/06/2026

Ethiopia and U.S. Explore New Frontiers for Investment and Trade.

Addis Ababa, 4/2026 (ABN)

Ethiopia and the United States have reaffirmed their commitment to expanding economic cooperation and unlocking new opportunities for investment and trade following a high-level meeting between Dr. Zeleke Temesgen, Commissioner of the Ethiopian Investment Commission (EIC), and Ervin Jose Massinga, U.S. Ambassador to Ethiopia.

The discussions focused on strengthening bilateral investment relations, attracting greater participation from American companies, and advancing initiatives that support Ethiopia’s ongoing economic transformation.

During the meeting, Dr. Zeleke presented a comprehensive overview of Ethiopia’s investment landscape, highlighting the country’s vast opportunities across key sectors and the government’s continued efforts to improve the business environment. He outlined ongoing policy and institutional reforms aimed at creating a more predictable, transparent, and investor-friendly climate for both domestic and international investors.

The Commissioner emphasized the importance of elevating Ethiopia U.S. investment cooperation to a new level, noting that stronger engagement between the two countries could unlock significant opportunities for trade, technology transfer, job creation, and sustainable economic growth. He also expressed the Ethiopian Investment Commission’s readiness to collaborate closely with stakeholders and the U.S. Embassy to strengthen Public-Private Dialogue platforms, support Ethiopia’s accession to the World Trade Organization, and organize a U.S.– Ethiopia Trade Forum.

Ambassador Massinga commended Ethiopia’s reform agenda and welcomed the liberalization measures being implemented to open key sectors to foreign investment. He noted that continued progress in these reforms would enhance investor confidence and further position Ethiopia as an attractive destination for American businesses seeking opportunities in Africa’s rapidly growing markets.

According to the Ambassador, U.S. investors have demonstrated strong interest in several strategic sectors, including airport development, mining, healthcare, infrastructure, finance, and technology. He reaffirmed the Embassy’s commitment to supporting efforts that facilitate investment flows and strengthen economic ties between the two countries.

The meeting also reviewed progress achieved through the Ethiopia–U.S. Structural Dialogue, a platform that has played an important role in advancing bilateral economic and commercial cooperation. Discussions covered issues affecting U.S. investors, mechanisms for improving information exchange, opportunities within Ethiopia’s evolving financial sector, and ways to enhance the operating environment for American companies already active in the country.

Both sides agreed that deepening economic engagement and exploring new frontiers for investment and trade would contribute to stronger bilateral relations while supporting Ethiopia’s broader development objectives. They further noted that continued collaboration would help advance Ethiopia’s integration into the global economy, including its efforts to join the World Trade Organization.

As Ethiopia continues to implement ambitious economic reforms and expand opportunities across strategic sectors, the strengthening of Ethiopia–U.S. relations is expected to create new pathways for investment, innovation, and long-term economic partnership, benefiting businesses and communities in both nations.

Driving Innovation: BDU and ENEC Unite to Strengthen Ethiopia’s Nuclear Science Ecosystem.Addis Ababa, June 3/2026 (ABN)...
03/06/2026

Driving Innovation: BDU and ENEC Unite to Strengthen Ethiopia’s Nuclear Science Ecosystem.

Addis Ababa, June 3/2026 (ABN)

In a significant step toward strengthening Ethiopia’s scientific and technological capabilities, Bahir Dar University and the Ethiopian Nuclear Energy Commission have agreed to establish a strategic partnership focused on the development of nuclear science, technology, research, and innovation.

The high-level meeting, held at the Commission’s headquarters, brought together senior leadership from both institutions, led by ENEC Commissioner Sandokan Debebe and the President of Bahir Dar University. The discussions centered on creating a comprehensive framework for long-term cooperation that will support the peaceful application of nuclear science and technology across Ethiopia.

During the consultations, both institutions reaffirmed their commitment to advancing nuclear science in accordance with Ethiopia’s National Nuclear Policy and the standards and guidelines of the International Atomic Energy Agency. The partnership is expected to play a pivotal role in strengthening national capacity, fostering innovation, and supporting the country’s broader socio-economic transformation agenda.

Key areas of collaboration identified during the meeting include human resource development, workforce capacity building, curriculum and academic program enhancement, joint research and innovation projects, technology transfer, and practical training opportunities. Particular emphasis was placed on developing a highly skilled generation of scientists, researchers, engineers, and professionals capable of supporting Ethiopia’s emerging nuclear science and technology sector.

The two institutions also agreed to collaborate in facilitating international education and professional development opportunities through scholarships, fellowships, academic exchange programs, and specialized training initiatives. These efforts are expected to expand Ethiopia’s pool of expertise and strengthen the country’s competitiveness in advanced scientific fields.

Leaders from both organizations highlighted the growing importance of nuclear science and technology in addressing national development priorities, including energy security, healthcare services, agricultural productivity, water resource management, industrial development, and environmental sustainability.

The meeting concluded with a shared commitment to transform the discussions into concrete programs and sustainable initiatives that will drive scientific excellence and technological advancement. The partnership marks an important milestone in Ethiopia’s efforts to build a knowledge-based economy and position itself as a regional leader in the peaceful and responsible use of nuclear science and technology.

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