Nurturing young African leaders is crucial to spur continental change: President Taye

Nurturing young leaders who are aware of the evolving global geopolitical landscape is crucial to spearhead continental change in Africa.

Africa’s quest for freedom and equality is essential in overcoming colonial oppression. The struggle was championed by remarkable African leaders and laid the groundwork for the formation of the African Union.

The young generation of the continent should devise solutions rooted in wisdom and knowledge to tackle pressing issues such as unemployment, climate change, and political instability in Africa. Young leaders will generate ideas and make decisions that are relevant to the new global geopolitics.

Taye Atske-Selassie, President of Ethiopia, said at the opening ceremony of Pan African Youth Leadership Summit, here in Addis Ababa

         -Diaspora investment, engagement with their homeland improve significantly: EDS-Lead

The diaspora investment and engagement in Ethiopia’s development endeavors are showing significant development. The Ethiopian diaspora’s growing commitment to their homeland shows a significant increase in investments, knowledge transfer, and social contributions.

There’s tremendous dedication from Ethiopians and those of Ethiopian origin to engage across various sectors, particularly in investment in their homeland. Similarly, the country received over 3 billion USD in remittances from the diaspora in the past eight months of this budget year, which indicates the diaspora’s increased engagement.

The government’s establishment of a favorable investment climate, including enhanced digital access to platforms like the Ethiopian Securities Exchange, creates significant opportunities for contributions from the Diaspora.

Ambassador Fistum Arega, Ethiopian Diaspora Service (EDS) Director General

            -Macro-economic reform enhances the mining sector: Minister

The national reform, as well as the homegrown macro-economic reform implemented by the reformist government, boosts investment and productivity of the mining sector in Ethiopia. The reform brings an extraordinary transformation in the mining sector.

Following the reform, the mining sector achieved a lot of success and helped the country’s economy in creating job opportunities, boosting export earnings, and attracting investments. The reform enables the country to harness its natural resources for its growth.

To transform the mining sector, the Ethiopian government revised policies to ensure the proper identification and development of mineral resources. And the adoption of appropriate policies attracts local and foreign investors in the sector.

Engineer Habtamu Tegegn, Minister of Mines

April 2nd reform historic milestone for Ethiopia: GCS Minister

The national reform, which commenced on April 2nd seven years ago, is a historic milestone and a turning point for Ethiopia. The national reform launched unprecedented government reform, transforming the nation’s political, economic, social as well as diplomatic sectors.

Two April 2018 represents the beginning of a transformative journey for Ethiopia. The day marks the dawn of a new era for Ethiopia, which helped the nation build a strong nation with a unified nation-building narrative.

The reform reinforces national unity and reduces the risks of fragmentation. Thanks to the reform, Ethiopia is achieving wonderful progress in manufacturing, tourism, digital economy, urban infrastructure, and the agriculture sector.

Legesse Tulu (PhD), Government Communication Service (GCS) Minister

                 –Ethiopia secures 4.5 billion USD from exports in eight months: MoTRI Minister

Ethiopia’s production-driven trade strategy helps the country achieve wonderful results in enhancing its export destinations as well as trade competitiveness. Following the national reform, Ethiopia has achieved significant results in export diversification and competitiveness.

Following the reform measures, the nation’s export earnings showed extraordinary development during the past seven years. For example, Ethiopia’s annual export revenue was 2.6 billion in 2017/2018.

Currently, Ethiopia has earned over 4.5 billion USD during the past eight months of the 2024/25 fiscal year, which shows significant development.

Kassahun Gofe (PhD), Minister, Ministry of Trade and Regional Integration (MoTRI)

 THE ETHIOPIAN HERALD SATURDAY 5 APRIL 2025

Recommended For You