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UAE, Ethiopia Hold Talks on Climate Action, Regional Security


UAE, Ethiopia Hold Talks on Climate Action, Regional Security

UAE Minister of State for Foreign Affairs Sheikh Shakhboot bin Nahyan held talks with Ethiopian officials on bilateral relations, with a focus on cooperation in climate action, peace and security. The UAE welcomed Ethiopia’s participation in COP32, with both sides agreeing to work together on climate initiatives launched during COP28. On regional peace and security, the discussions condemned attacks on civilians by warring parties. The ministers also recalled the High-Level Humanitarian Conference for the People of Sudan, co-hosted by the UAE, Ethiopia, IGAD and the African Union on the sidelines of the AU Summit in February 2025, underscoring the need to protect civilians and humanitarian workers. Water security also featured in the talks ahead of the upcoming UN Water Conference, to be co-hosted by the United Arab Emirates and Senegal later this year.

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Radar

Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Sa...


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MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

The Council of Ministers, led by Prime Minister Abiy Ahmed (PhD), approved Ethiopia's first unified trade policy last week, ending a three-year deliberation period to fill a decades-long regulatory vacuum,. This institutional milestone mandates the Ministry of Trade & Regional Integration (MoTRI) to overhaul consumer protection frameworks, specifically requiring a rigorous revision of the Trade Competition and Consumer Protection Proclamation to eliminate market distortions and the prolifera...


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Regional Power Exports Yield $366m as Capacity Hits 9.6GW

Ethiopian Electric Power (EEP) generated 365.99 million dollars from regional exports in the first nine months of the fiscal year as national capacity reached 9,579MW. The revenue followed the sale of 24,940GWh, representing 91pc of gross generation. Hydropower remains dominant, providing 9,500MW. To diversify assets and mitigate climate risks, the utility integrated the 100MW Asela Wind Power Project. The transmission network has expanded to 148,600km to secure domestic industrial supply and...