Ethiopia

Startup Proclamation was unanimously approved by Council of Ministers: it is a long-due policy to address chronic barriers faced by entrepreneurs and support Ethiopia's for early‑stage, technology‑driven companies with a dedicated framework

Parliament removed a controversial salary deduction clause from disaster risk bill citing ‘overlapping burden on workers’; the clause was withdrawn following “discussion and consensus” and the proclamation was unanimously approved

The Ethiopia Peace Observatory reported that in the days 26 April and 9 May there has been a 71% decrease in fatalities due to political violence compared to the previous two weeks, with 82 reported casualties and -37% political violence events (37)

40 trade investment permits for export, import, retail and wholesale will be granted to foreign companies as part of the government’s steps to liberalize economy; the Ethiopian Investment Commission said the permits follow months of work on guidelines

The country called for more investment and international collaboration to address growing pressures on global ecosystems and biodiversity; the address has been made during celebrations for World Wildlife Day

Ethiopian Prime Minister Abiy Ahmed was welcomed in the Somali capital Mogadishu by President Hassan Sheikh Mohamud for talks aimed at reaffirming their ties, after tensions escalated last year following an agreement between Ethiopia and Somaliland

The Addis Ababa Municipal Administration's Land Registration and Information Agency is implementing a modern address system to standardise street names and house numbers to improve accessibility by simplifying the location of roads and key infrastructure

Ethiopia's ruling Prosperity Party re-elected Prime Minister Abiy Ahmed as its president during the party's second congress

Ethiopia-Djibouti Railway S.C. achieved profitability in Q4 2024 for the first time since its operational launch; the announcement followed a comprehensive evaluation of the 2024 performance and the result opens to a three-year plan to consolidate profit