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Powering Ethiopia’s Future

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The Grand Ethiopian Renaissance Dam (GERD) stands as one of the most ambitious and transformative infrastructure projects in Africa’s modern history. Perched majestically on the Blue Nile River, this colossal dam promises to be a beacon of progress, development, and regional integration—provided it is managed with wisdom, foresight, and cooperation. For Ethiopia, the GERD represents not just a source of clean energy but a foundational pillar for economic growth and poverty alleviation. For the surrounding region, it offers unprecedented opportunities for stability, development, and shared prosperity. Yet, these immense benefits hinge critically on Ethiopia’s ability and willingness to harness the dam with judicious planning and equitable partnerships.

First and foremost, the GERD is poised to revolutionize Ethiopia’s energy sector. With an installed capacity exceeding 6,000 megawatts, it is set to double the nation’s current electricity production, dramatically expanding access to power for millions of Ethiopians who have hitherto lived without reliable electricity. Access to electricity is a cornerstone of modern development—it transforms education, healthcare, industry, and business. The dam’s energy output will catalyze industrialization, enabling Ethiopia to move beyond a primarily agrarian economy to a more diversified, manufacturing-led growth path. This in turn will create jobs, raise incomes, and expand the tax base that funds social services.

Moreover, the GERD’s capacity to deliver clean hydropower aligns perfectly with global imperatives to combat climate change. Ethiopia’s commitment to renewable energy advances a sustainable development model that mitigates reliance on fossil fuels while addressing its own environmental vulnerabilities. This strategic positioning could also attract climate-friendly investments and green finance, further accelerating national development.

Regionally, the GERD offers an opportunity to redefine water resource management on the Nile Basin. Historically, the Nile waters have been a source of tension among Ethiopia, Sudan, and Egypt, owing to complex colonial-era treaties and competing downstream needs. If managed transparently and collaboratively, the dam could shift these dynamics from conflict to cooperation. The regulated flow of water from the dam can reduce devastating floods downstream, provide reliable irrigation support to boost agricultural productivity, and ensure water availability during periods of drought. Sudan, for example, stands to benefit from reduced flood damage and improved electricity imports, creating incentives for constructive partnerships.

Equitable sharing of the GERD’s benefits, however, requires trust-building and clear frameworks for water management. Mechanisms that guarantee transparent data sharing on dam operations, flow rates, and reservoir levels will prove essential. Robust regional agreements must balance Ethiopia’s sovereign right to develop its resources with downstream states’ legitimate water needs. This spirit of cooperation could serve as a blueprint for transboundary water governance across Africa, fostering peace and shared prosperity.

The hydropower generated by GERD also has the potential to stimulate power trade across the Horn of Africa and beyond. Regional power pools can optimize electricity generation and distribution, stabilizing supply and lowering costs. For instance, surplus power from Ethiopia could be exported to energy-deficient neighbors, strengthening economic ties and building interdependence that undergirds political stability. Ambitious cross-border infrastructure projects — power lines, substations, and transmission corridors — will be crucial complements to GERD’s success.

Despite its promise, the dam is not without challenges that require prudent management. Environmental considerations near and around the reservoir must be carefully addressed to prevent negative ecological impacts. Resettlement of affected communities should be conducted with fairness and transparency to avoid social grievances. Furthermore, Ethiopia must invest substantially in its national electricity grid and distribution systems to maximize the dam’s benefits internally.

Financial sustainability is another key facet. While much of the initial funding has come from Ethiopian citizens and institutions, continued investment in maintenance and infrastructure is essential for long-term operation. Harnessing revenues from electricity sales to reinvest in infrastructure and community development will be fundamental.

Importantly, the GERD’s potential will only be fully realized if Ethiopia embraces inclusive governance and strategic planning. National-level policies must ensure that the dam’s benefits extend beyond urban centers to rural, underserved populations. Proactive capacity building in technical, managerial, and regulatory domains will optimize dam operations and water use efficiency.

The Grand Ethiopian Renaissance Dam encapsulates the aspirations of a nation and a region for sustainable growth, energy security, and shared prosperity. It is a powerful symbol of how major infrastructure projects, when wisely stewarded, can unlock national potential and forge regional solidarity. By prioritizing transparent governance, regional cooperation, environmental stewardship, and inclusive development, Ethiopia can lead a transformative pathway for the Horn of Africa. The GERD is not just a dam — it is the cornerstone of a new era, the renaissance of Ethiopia and a hopeful testament to Africa’s ability to rise and thrive in the 21st century. The task ahead is immense, but so too are the rewards for Ethiopians and their neighbors if the journey is navigated with wisdom and unity.

Gateway to New Opportunities: Intra-African Trade Fair (IATF) 2025 Ushers in a New Era for Africa’s Economic Integration

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Algiers, Algeria

The vibrant city of Algiers is abuzz with optimism and strategic economic discussions as the 4th edition of the Intra-African Trade Fair (IATF 2025) officially opened on September 3, 2025, at the International Conference Center. Running until September 10, this landmark event is assembled under the timely theme “Gateway to New Opportunities” and hosted by Algeria in close collaboration with the African Export-Import Bank (Afreximbank), the African Union Commission (AUC), and the African Continental Free Trade Area (AfCFTA) Secretariat.

The fair marks a significant milestone in Africa’s journey towards economic integration and resonates with a bold vision: transforming Africa’s economic landscape by boosting intra-African trade, deepening investment partnerships, and accelerating industrial growth. Bringing together over 2,000 exhibitors and delegations from 140 countries, along with an anticipated 35,000 professional visitors, IATF 2025 is poised to generate trade and investment deals exceeding $44 billion.

Algeria: The Strategic Host and Emerging Investment Hub

The opening day was marked by the high-profile “Algeria Day,” a special segment focusing on “Algeria: An Emerging Platform for Investment and Trade in Africa,” hosted by the Algerian Agency for the Promotion of Investment (AAPI). The event underscored Algeria’s evolving role as a critical regional investment hub, leveraging its strategic geographic position bridging Africa, Europe, and the Mediterranean, alongside its growing logistical and industrial capabilities.

Algerian President Abdelmadjid Tebboune’s government received senior African officials, presidents, ministers, and business leaders with great enthusiasm — an endorsement of Algeria’s commitment to continental unity and economic development. The presence of these dignitaries highlights the fair’s vital role as a continental event fostering partnership and sustainable growth.

The Pulse of IATF 2025: Innovation, Connectivity, and Green Industrialization

Beyond Algeria Day, the week is packed with several key initiatives designed to reinforce trade and investment networks. Notable among them is the Global Africa Day, dedicated to strengthening Africa’s ties with global partners, alongside trade and investment forums, a mini-summit of African Investment Promotion Agencies, and showcases such as the African Research and Innovation Hub and the Africa Automotive Show.

A significant focus this year is placed on empowering young African entrepreneurs through the AU Youth Startup Program, which offers masterclasses, competitive pitching sessions, and networking opportunities designed to nurture innovation and connect startups with investors and policymakers.

The overarching push towards value addition and green industrialization encapsulates the continent’s forward-looking agenda. With Africa ranking among the fastest-growing economies but still grappling with commodity dependency and climate challenges, the emphasis on sustainable and innovative industrial growth symbolizes not just economic ambition but a commitment to safeguarding Africa’s future.

AfCFTA: Transforming Aspirations Into Reality

The showpiece of IATF 2025 is its embodiment of the African Continental Free Trade Area’s (AfCFTA) promise to unify the continent’s markets into a single economic space. His Excellency Wamkele Mene, Secretary-General of the AfCFTA Secretariat, delivered a powerful message during the opening remarks.

Acknowledging Algeria’s leadership and strategic importance, Mene detailed the profound progress the AfCFTA has already made. Intra-African trade remarkably rebounded in 2024 to $220.3 billion — a 12.4% increase from the previous year — as reported in Afreximbank’s African Trade Report 2025. This growth reflects the increasing confidence in Africa’s integration model.

Mene emphasized the shift in trade composition: African economies are moving away from mere primary commodity exports toward more industrial diversification, including machinery, motor vehicles, electronics, and chemicals. He highlighted the protocols underpinning the AfCFTA, including rules of origin, digital trade, and the Pan-African Payment and Settlement System, which facilitate seamless cross-border trade. The digital trade protocol, notably, opens promising avenues in e-commerce, fintech, and ICT services, long seen as engines for youth employment and economic empowerment.

However, Mene also drew attention to challenges that require collective focus: enhancing physical and air transport connectivity by fully implementing initiatives like the Single African Air Transport Market; ensuring no country or sector is left behind through support mechanisms such as the newly launched AfCFTA Adjustment Fund; mobilizing domestic resources and diaspora investment; and adopting green industrial strategies that integrate renewable energy and climate resilience.

Reflections on Africa’s Economic Liberation: Remarks by Prof. Benedict Oramah

Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, eloquently articulated the historical and economic significance of IATF 2025 in his opening ceremony speech. He positioned the fair within the continuum of Africa’s liberation struggles — from political independence in the 1960s to today’s peaceful economic emancipation.

Highlighting Algeria’s role as a symbolic and active host, Oramah acknowledged the country’s economic transformation and its contribution to Africa’s integration agenda. He praised the exceptional organization that accommodated thousands of visitors and exhibitors, crediting Algeria’s recent infrastructure and development.

Oramah recounted inspiring success stories cultivated through IATF platforms — such as Tanzania’s Rufiji dam project, a $2.9 billion effort to improve energy self-sufficiency and agricultural productivity executed by African contractors and financiers; the rise of African innovators like Nigerian drone producer Ndubisi Arinze Eze; and transformative industrial partnerships fostering growth in tourism, industrial parks, and regional trade financing.

Central to Oramah’s message was the concept of economic empowerment as a new “struggle,” where ideas, innovations, and investments replace armed conflict, and where partnerships built on mutual respect drive Africa’s future. He envisioned IATF as a launching pad for young entrepreneurs from all corners of Africa to showcase their creativity and find meaningful support.

African Union’s Vision and Commitment: Remarks by Amb. Selma Malika Haddadi

Deputy Chairperson of the African Union Commission, H.E. Amb. Selma Malika Haddadi, delivered remarks emphasizing the alignment of IATF 2025 with the African Union’s Agenda 2063 — a blueprint for a prosperous, integrated, and peaceful Africa driven by inclusive growth and sustainable development.

She reinforced that this year’s theme — “Boosting Intra-African Trade for a Sustainable Future: Innovation, Value Addition, and Green Industrialization” — reflects Africa’s urgent need to transition from exporting raw materials to being producers and innovators of value-added goods and services.

Statistics cited indicated a steady increase in intra-African trade, which grew by 27% between 2017 and 2023, nearing $200 billion. Notably, manufactured goods dominate intra-continental trade at 45%, compared to 20% for Africa’s exports beyond the continent, underscoring the industrial potential of regional markets.

However, Haddadi noted that despite progress, intra-African trade represents only 15% of total African trade, highlighting untapped opportunities. She called for stronger commitment to translating agreements into action, underscoring the role of cooperation, investment, and reforms to boost connectivity, improve logistics, and foster an enabling business environment.

The African Union Commission’s active role at IATF, including programs such as the Youth Start-Up Pavilion and African Women in Processing Pavilion, underscores a strategic effort to ensure inclusivity and harness the dynamism of Africa’s youth and women entrepreneurs.

The Road Ahead: A Continental Marketplace for Inclusive Growth

As IATF 2025 unfolds, it stands as a powerful testament to Africa’s collective will and capacity to chart its own economic destiny. The fair not only serves as a marketplace for goods and services but also as an incubator for ideas, partnerships, and innovations that transcend borders.

Africa’s future economic transformation hinges on the continued momentum of AfCFTA, strategic investments in infrastructure and industrialization, and the embrace of green and digital economies. Crucially, the inclusiveness of this growth — integrating youth, women, small and medium businesses, and all regions — will determine its sustainability.

Algeria’s role as host symbolizes Africa’s bridging potential: geographically linking diverse regions, economically connecting markets, and ideologically uniting aspirations. As President Tebboune’s government and partners oversee this ambitious gathering, the hope resonates that IATF 2025 will indeed be a “Gateway to New Opportunities” — unlocking jobs, empowering enterprises, and fostering an Africa that is not just independent politically, but sovereign and prosperous economically.

With trade and investment deals expected to surge beyond $44 billion at IATF 2025, the event demonstrates that Africa’s marketplace is vibrant and ripe with possibility. The real victory lies beyond these numbers—in jobs created, industries diversified, innovators inspired, and the dreams of millions of Africans moved closer to realization.

The 4th Intra-African Trade Fair cements its role as a beacon of African integration, a catalyst for industrial and green transformation, and a harbinger of a more inclusive, prosperous, and resilient continent. The journey from Algiers this September will echo across Africa and the world — Africa’s future is open, its opportunities vast, and its time is now.

President Xi Jinping Proposes Global Governance Initiative at SCO Summit

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On September 1, 2025, at the Shanghai Cooperation Organization (SCO) Plus Meeting in Tianjin, Chinese President Xi Jinping proposed the Global Governance Initiative. This initiative calls for countries to work together for a more just and equitable global governance system amid a world facing Cold War mentalities, hegemonism, protectionism, and mounting challenges. Xi emphasized the importance of sovereign equality for all countries regardless of size or wealth and insisted on abiding by international rule of law without double standards. He advocated practicing true multilateralism, promoting a people-centered approach where all people are beneficiaries of governance, and focusing on practical actions to achieve tangible outcomes.

Xi underscored safeguarding the status and authority of the United Nations and ensuring its irreplaceable role in the global governance system. He urged efforts to narrow the development gap between North and South and promote greater democracy in international relations. China is committed to deepening cooperation within the SCO framework by advancing high-quality Belt and Road cooperation, and establishing key platforms and centers for energy, green industry, digital economy, scientific and technological innovation, and education among SCO countries. Xi also announced plans to increase renewable energy capacity and foster collaboration in artificial intelligence and space exploration.

The initiative received wide support from SCO members and international partners, highlighting the need for a more effective governance philosophy in a world marked by governance deficits and unilateralism. Foreign Minister Wang Yi described the launch of the Global Governance Initiative as the biggest highlight of the SCO summit, noting its alignment with the UN Charter and its support for the UN’s central role in international affairs. This initiative marks Xi’s fourth major global proposal, alongside the Global Development Initiative, Global Security Initiative, and Global Civilization Initiative, reflecting China’s vision for a stable, cooperative, and inclusive new world order.

Washington Healthcare launches family health insurance 

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Washington Healthcare, a key player in Ethiopia’s private health services sector, has announced plans to launch a new commercial health insurance company alongside a hospital service aimed at addressing the significant shortage of commercial health insurance in the country.

Markos Feleke (MD), CEO of Washington Healthcare, revealed that the company is in the final stages of forming a partnership with several leading medical institutions to establish “Family Health Insurance” (FHI). This new entity is designed to offer accessible and consistent healthcare coverage to individuals and families while enhancing service delivery within the private health sector — an area currently underserved in Ethiopia.

“One of the biggest challenges in the health sector is the lack of commercial health insurance,” said Markos. “Although community-based and social insurance programs exist, the absence of business-driven options is glaring. Our new company will be the first collaborative effort to build a robust and extensive insurance network spanning multiple medical facilities.”

The initiative has already secured initial capital and is now awaiting legal and regulatory clearances to commence operations.

The launch of Family Health Insurance coincides with a rebranding of Washington Healthcare, which unveiled a new logo symbolizing its decade of success and an expanded mission. Having served over 2 million patients in the past 10 years, Washington Healthcare is now set to broaden its range of services.

In addition to the insurance company, the new hospital under Washington Healthcare will be the first private facility in Ethiopia to offer a variety of specialty hospital services, reinforcing the company’s commitment to becoming an advanced healthcare service center.

Washington Healthcare also plans to make its successful digital health portfolio and best practices available to medical facilities nationwide, aiming to improve quality, transparency, and operational efficiency across the sector.