Vietnam Deepens Diplomatic Ties with Ethiopia


Vietnam Deepens Diplomatic Ties with Ethiopia

Prime Minister Abiy Ahmed (PhD) and his Vietnamese counterpart, Phm Minh Chính, oversaw the signing of a series of cooperation agreements during Abiy’s official visit to Hanoi—the first by an Ethiopian leader in over half a century. Two memoranda of understanding were signed to expand collaboration in trade and education, while a civil aviation agreement was also concluded, setting the stage for Ethiopian Airlines to begin direct flights between Addis Abeba and Hanoi. Marking more than 50 years of diplomatic relations, both countries expressed optimism that the agreements would open doors to deeper engagement across key sectors. Following the ceremony, the two leaders led bilateral talks alongside their delegations. Discussions covered domestic reforms and outlined potential areas for political and economic cooperation, including investment and knowledge exchange.

[ssba-buttons]

Radar

Ethiopia Unveils Consortium to Insure Millions of Farmers

Ethiopia has launched its Agricultural Insurance Consortium (AICE), pledging to protect three million farmers by 2026. Announced on July 3, 2025, at the Hyatt Regency, the initiative is backed by Pula Advisors and five major Ethiopian insurers. AICE plans to promote climate resilience through insurance bundled with the government's input voucher system. Leveraging AI platforms like Mavuno and PIE, it plans to standardise products, lower costs, and expand coverage to over 200 woredas. With agricu...


Radar

New Coopbank Partnership Targets Youth Economic Empowerment

The Cooperative Bank of Oromia (Coopbank) has signed a strategic agreement with Melka Ethiopia to provide loan services to over 120,000 young men and women nationwide. The partnership plans to promote youth economic empowerment by expanding access to finance and creating jobs, with a strong focus on rural and underserved areas. Both institutions held joint discussions to explore ways to improve youth livelihoods and financial inclusion. By closing access gaps, the partnership is expected to help...


Radar

Ethiopian Netpreneur Program Training Kicks Off

The Ethiopian Netpreneur 2025 Training Program has officially launched its first cohort in Addis Abeba with 64 entrepreneurs beginning their first round of training. Organised by the Global Digital Talent Academy, the initiative plans to empower local business owners, startup founders, and digital sector players with global-level e-commerce skills. At the launch event, Innovation and Technology Minister Belete Mola (PhD) urged participants to leverage the opportunity to build networks and shape...