Ethiopian officials stress African unity at 16th risk capacity assembly

At the 16th African Risk Capacity assembly in Addis Ababa, Ethiopian officials described the initiative as a symbol of African unity beyond national finance mechanisms. Commissioner Dr. Sheferaw Teklemariam and Deputy Prime Minister Temesgen Tiruneh highlighted Ethiopia's work on aviation risks and disaster resilience amid climate change. The event focused on unity, togetherness, and institutional strengthening.

The 16th African Risk Capacity assembly, held in Addis Ababa, is proceeding under the theme of unity, togetherness, and legality.

Ethiopian Disaster Risk Management Commissioner Dr. Sheferaw Teklemariam stated that the African Risk Capacity is a symbol of African unity, not merely a national finance mechanism. He noted that risks to aviation assets in Ethiopia are increasing in frequency, scope, and complexity due to climate change. As global financial integration declines, African institutions must assume greater responsibility, he said.

Deputy Prime Minister Temesgen Tiruneh said Ethiopia is working on African disaster prevention by linking economic challenges to risk management capacity building. Investments in aviation, industry, mining, tourism, and technology have integrated resilience into national development, he added. National programs in green agriculture, food security, corridor development, and hydropower expansion aim at self-reliance and strengthening.

Temesgen Tiruneh urged Africa to adopt the Ethiopian model, aligning with Agenda 2063 to empower institutions for self-managed, self-reliant, and united risk capacities.

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Photorealistic image depicting the construction of Bishoftu Airport in Ethiopia, financed via Wall Street model, with Ethiopian Airlines involvement and African Union Summit backdrop.
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Ethiopia adopts Wall Street model for Bishoftu Airport

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Ethiopia is employing a Wall Street-inspired financing model for the Bishoftu Airport project amid discussions at the African Union Summit. Ethiopian Airlines has contributed 700 million dollars as initial investment toward the 12.5 billion dollar venture. A special-purpose company will oversee borrowing, with financiers choosing contractors.

Ethiopia's Government Communication Service Minister Desta Tesfahu Gobezie stated that the country has numerous experiences to offer Africans. Two summits—the 39th African Union Heads of State Summit and the African Union Parliaments Summit—will occur from Katit 6 to 8, 2018 E.C. These experiences focus on Agenda 2063 for sustainable development.

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Ethiopia's Government Communication Service Minister Desta Tesfahuen Gobazay stated that conference tourism, the highest revenue generator in tourism, can greatly enhance the country's image. He highlighted preparations for the 16th African Risk and Safety Summit in Addis Ababa.

Ethiopia's Ministry of Urban and Infrastructure Development has announced a shift from isolated construction projects to integrated systems and a robust national construction industry to drive long-term growth. The statement came during the Ethiopia-Italy Construction Infrastructure and Development Forum in Addis Ababa.

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At a high-level side event during the 2026 African Union Summit, Claver Gatete, executive secretary of the United Nations Economic Commission for Africa, urged African leaders to integrate health financing into broader fiscal and economic reforms, calling health central to the continent's sovereignty. He highlighted a sharp drop in global development assistance for health, from about $80 billion in 2021 to $39 billion in 2025. This underscores Africa's reliance on external funding and imported medical supplies.

Eritrean Defense Minister Aisha Mohammed met with counterparts from various African nations on the sidelines of the second African Defense Ministers Conference in Addis Ababa. The discussions focused on implementing peace agreements and addressing collective security challenges. The meeting coincided with the 130th anniversary of the Battle of Adwa.

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The manufacturing capacity in Ethiopia's Amhara region's manufacturing sector has reached 62.4 percent, up from below 40 percent three years ago. This was announced by Dr. Ahmedin Ahmed, head of the region's Urban and Infrastructure Development Office. The 'Ethiopian Tamir; We Also Cultivate' program is being implemented in Bahir Dar's Oromo community administration sub-city.

 

 

 

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