News

Singapore to Open First Embassy in East Africa as It Deepens Ties With Ethiopia

Singapore to Open First Embassy in East Africa as It Deepens Ties With Ethiopia
Thursday, 27 November 2025 07:14
  • Countries sign MOUs on skills development and carbon credit cooperation

  • Bilateral trade hit $138M in 2024; new programs to deepen partnerships

Singaporean Prime Minister Lawrence Wong announced during a visit to Ethiopia this week that his country will open an embassy there, its first in East Africa and third on the continent after Egypt and South Africa.

The announcement was made at a joint press conference with Ethiopian Prime Minister Abiy Ahmed. Wong said the opening "bears witness to the commitment" of Singapore towards Ethiopia. He added the embassy will allow his country to strengthen ties with other nations in the sub-region, collaborate better with the African Union and explore new areas of cooperation.

The two sides also signed two memoranda of understanding on skills development and carbon credits, enabling their countries to contribute to achieving their respective climate goals. The second agreement lays the groundwork for cooperation in carbon markets. Singapore is counting on African partnerships to advance towards carbon neutrality and create a regional carbon offset platform.

Ethiopia and Singapore committed in June 2024 to consolidate their partnership in investment, finance, economic development, air connectivity and logistics. Their bilateral trade reached $138 million in 2024, according to the International Trade Centre.

Singapore has launched the "Singapore-Africa Partnership Leading to Growth and Sustainability" (SAPLINGS) program, designed to offer African officials customized study visits, continuing education and postgraduate scholarships at Singaporean universities.

Lydie Mobio

On the same topic
1.5 million Dollvet FMD vaccine doses arrive from Turkey Shipment delayed by Middle East tensions, government statement says South Africa battles...
The government collected CFA501.6 billion in tax revenue in 2025, 22.76% above target. Officials credit reforms and digitalization for the CFA93.12...
Macky Sall has formally entered the race to become the next UN secretary-general, with his candidacy submitted by Burundi on behalf of the African...
The Democratic Republic of Congo reduced emergency spending to 10.78% of total expenditure in Q4 2025, down from 20.97% in Q2. Security...
Most Read
01

Senegal launches 200 billion CFA bond in UEMOA Proceeds to fund 2026 budget, transformation agend...

Senegal Launches $360 Million Regional Bond Sale
02

Amazon begins talks with Kenya on low-Earth orbit satellite broadband Kenya’s digital market ...

Amazon Turns to Kenya as Its Next Low-Orbit Satellite Internet Bet in Africa
03

Algeria’s NESDA and the Algerian‑Saudi Investment Company sign cooperation deal focused on researc...

Algeria’s NESDA, ASICOM Sign SME Investment Deal; Funding Details Unspecified
04

DRC seeks ITC support for local battery value chains Musompo SEZ targets $2 billion private ...

DRC seeks ITC support to advance battery mineral value chains
05

BOAD says sovereign bond purchases are liquidity management Member states accelerate borrow...

BOAD Defends Sovereign Bond Purchases as Liquidity Management, Not Budget Support
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.