Jul 7 , 2024
Prime Minister Abiy Ahmed (PhD) made a series of appointments last week, assigning Kassahun Goffe (PhD) as the new Minister of Trade & Regional Integration. Kassahun, who previously served as the State Minister, succeeds Gebremeskel Chala, who navigated the country through various trade reforms. The appointment comes amidst an export slump, as Ethiopia has faced major economic and political headwinds over the past few years. The Ministry reported a shortfall of 863 million dollars from its half-year export target, highlighting ongoing difficulties in balancing import needs and export earnings. In another key appointment, Fisseha Yiagesu (PhD), who briefly served as State minister for Trade, has been named the new head of the Industrial Parks Development Corporation, succeeding Aklilu Tadesse, who transitioned to the role of State Minister for Tourism. Fisseha's initial visit was to the Dire Dewa Free Trade Zone, where he observed activities in the area.
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