Monday, August 24, 2026

Ethiopia positions digital transformation, skills dev’t as drivers of economic competitiveness

Ethiopia positioned digital transformation, skills development, and macroeconomic reform as central drivers of economic competitiveness and investment-led growth.

This was asserted during the opening of the Elevate Africa 2026 forum opened in the Ethiopian capital on Tuesday, bringing global leaders together to explore opportunities in the digital services and outsourcing ecosystem.

The three-day continental forum, convened by CCI Global in collaboration with Ethiopian Investment Holdings and MMCY, gathers more than 150 participants including government officials, corporate executives, investors, and innovation leaders. Discussions are taking place at Minab Spa within Jubilee Palace in Addis Ababa.

Opening the forum, Eyob Tekalign, Governor of the National Bank of Ethiopia, framed Ethiopia’s structural reform agenda and digital transformation as pillars of macroeconomic stability and productivity enhancement.

He noted that the Homegrown Economic Reform Program (HGER) seeks to address structural challenges, strengthen private sector participation, and modernize economic institutions while improving productivity across strategic sectors. A core component of the reform is macroeconomic stabilization, including efforts to enhance fiscal discipline, improve foreign exchange management, and create an investment-friendly environment. (FMC)

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