Addis Ababa — Ethiopia has dispatched a high-level economic delegation to Beijing this week, led by Eyob Tekalign (PhD), the newly appointed governor of the National Bank of Ethiopia (NBE), to advance crucial debt restructuring negotiations and deepen the country’s economic partnership with China, state media reported.
High-Stakes Mission to Beijing
According to officials, the delegation will meet senior figures at China’s Ministry of Finance, the People’s Bank of China, and the Export–Import Bank of China (Exim Bank). Discussions are also planned with representatives from leading Chinese financial and commercial institutions.
These talks build directly on the recently concluded debt restructuring agreement with the Official Creditors Committee, co-chaired by China and France, which Ethiopia hopes will unlock faster progress toward comprehensive debt relief.
Aligning With Reform and Investment Goals
The Ethiopian team is expected to brief Chinese counterparts on the latest progress of the Home-Grown Economic Reform Agenda, the government’s flagship plan to stabilize the economy, attract foreign investment, and modernize key sectors. Officials say Addis Ababa will also explore opportunities for expanded Chinese investment in infrastructure, manufacturing, and green energy, reaffirming Ethiopia’s commitment to a long-term strategic partnership with Beijing.
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