Ethiopia offers to host New Development Bank office in Addis Ababa
Ethiopia has offered to host a New Development Bank office in Addis Ababa, state-media reports dated September 13, 2026 said. The reports announce no agreement or opening date.
In short
- Ethiopia has offered to host a New Development Bank office in Addis Ababa, state-media reports dated September 13, 2026 said.
- The reports announce no agreement or opening date.
Ethiopia has offered to host a New Development Bank office in Addis Ababa, according to Ethiopian state-media reports dated September 13, 2026, describing Prime Minister Abiy Ahmed’s remarks at the BRICS Plus session in New Delhi.
The Ethiopian News Agency, citing a statement from the Prime Minister’s Office, said Abiy presented the offer as a way to expand the bank’s reach in Africa. Fana Media Corporation’s source-item summary also reported the proposal.
Abiy linked the offer to calls for stronger African representation and wider access to finance and markets, alongside measures to improve trade, investment and regional connectivity.
The reports describe Ethiopia’s willingness to host an office. They do not announce an agreement with the bank, an opening date or a financing commitment.
The New Development Bank was established by the founding BRICS members to support infrastructure and sustainable development. ENA notes that it is headquartered in Shanghai and already has an Africa Regional Centre in Johannesburg.
