Thank you Prime Minister Abiy Ahmed Ali for your warm words.
I fondly recall our meeting in Ethiopia last year and look forward to continuing our close cooperation for the mutual benefit of our peoples and the Global South.
@AbiyAhmedAli
Ethiopia Targets Historic $10 Billion Export Milestone
Prime Minister Abiy Ahmed announced Saturday that Ethiopia is on track to generate $10 billion in export revenue this fiscal year, a first in the country’s history.
Speaking at the opening of the 4th ‘Made in Ethiopia’ Expo, Abiy said the projected figure marks a “dramatic increase” from just three years ago, when annual exports had not exceeded $3 billion.
What’s driving the surge:
Industrial growth: Manufacturing growth has climbed from 4.7% to 10.7% this year.
Import substitution: Ethiopia has produced $14.5 billion worth of import-substitute goods over the past four years and plans to double that figure.
Reopened factories: 993 previously closed industries have resumed operations, boosting jobs and trade.
New investment: 3,680 new investors have entered the manufacturing sector since the national industrial drive began.
More exports mean more foreign currency, easing debt pressure and strengthening Ethiopia’s trade position. Abiy warned that without expanding domestic production, the country risks “mounting debt burdens that could affect future generations”.
He urged manufacturers to embrace “economic patriotism,” reject contraband and corruption, and look beyond the local market: “The time of producing only for the domestic market is over,” Abiy said, calling on firms to expand across Africa. 47b5
Ethiopia’s economic strategy has shifted toward boosting exports while cutting import dependence. The jump from $3 billion to $10 billion would reshape how the country negotiates trade, attracts investment, and positions itself in continental supply chains. With coffee and gold exports already surging and a recent $13 billion investment haul at Addis Ababa’s investment conference, the $10 billion target signals Ethiopia’s bid to become a regional manufacturing and export hub.
I have been briefed on the Record Cold Wave and Historic Winter Storm that will be hitting much of the United States this weekend. The Trump Administration is coordinating with State and Local Officials. FEMA is fully prepared to respond. Stay Safe and Stay Warm! President DJT
Here’s my afternoon update of the beautiful city we all know as Dubai in the United Arab Emirates
Last night the air force put on a little show for us and further proving the safety and security they have for us
They protect us while we sleep
And that’s why I choose to stay here
We extend our gratitude to the UAE authorities for their invaluable assistance in enabling the return of Israeli citizens back home from the United Arab Emirates.
The friendship between Israel and the United Arab Emirates stands strong, proving its worth in times of peace and in times of war. 🇮🇱🇦🇪
Big Breaking: @mill100n has hit 1 million active users! 🔥🔥
The big alpha on $TON has achieved a major milestone today 🚀
This is the first-ever crypto project with a pre-defined price for $FAM Token at $0.01 💰
Join the army before it's too late: https://t.co/xRnBCvse10
GMillion
We told you SBTs on TON is the Alpha. Many doubted. Now, with a 100Million @mill100n project is unfolding, the truth is about to hit hard. Most have no clue what's coming.
1,000 GMillion back, and I'll drop it here on X. 🔥💎👀