Addis Ababa, October 2, 2025 (ENA) – Speaker of the House of People's Representatives, Tagesse Chafo, highlighted the importance of developing human capital to achieve Ethiopia's growth and development.
The 2025 Ethiopia Human Capital Forum, jointly organized by the Ethiopian government and the World Bank Group, commenced today at the Adwa Memorial Hall in Addis Ababa.
The two-day event, themed "Building Skills, Fueling Jobs, Driving Development," has gathered government officials, international development collaborators, decision-makers, and specialists to discuss creative approaches for enhancing Ethiopia's human capital growth.
At the start of the forum, HPR Speaker Tagesse Chafo emphasized that human capital plays a crucial role in maintaining a country's development and success.
He highlighted that the most valuable asset of a country is not its natural resources or physical structures, but the "knowledge, well-being, imagination, and capabilities of its citizens".
In this context, efforts that have been implemented in Ethiopia concerning education, health, nutrition, and social protection are yielding measurable outcomes, he noted.
Specifically, the Bounty of the Basket, Made in Ethiopia, and Green Legacy initiatives, along with other national development projects, have produced measurable outcomes by enhancing human resources and providing advantages.
The President emphasized the importance of enhancing collaboration to maintain the progress achieved in social and economic areas as a result of focusing on human resources.
Tagesse highlighted that Ethiopia is dedicated to maintaining cooperation with regional and global development partners to enhance the country's human resources.
From his perspective, Finance Minister Ahmed Shide highlighted that human capital serves as a key instrument for achieving prosperity through the elimination of poverty.
Therefore, Ethiopia has been implementing successful initiatives that improve human capital in the fields of education, healthcare, and social services.
The Minister stated that Ethiopia will increase its collaboration with the World Bank and other development allies to continue improving its efforts in developing human capital.
He mentioned that holding the event at the historic Adwa Memorial Hall—a location that symbolizes perseverance, togetherness, and triumph—emphasizes the dedication to overcoming poverty and inequality by "investing in our population."
Ahmed stated that Ethiopia's population represents its biggest asset and source of optimism, emphasizing that the country's future success depends on how well it prepares its youth with the necessary skills and prospects.
The Finance Minister affirmed the government's dedication, saying, "Investing in human resources is investing in Ethiopia's future. Our emphasis on training will aid in generating employment and achieving broad-based prosperity."
The director of the World Bank's division covering Ethiopia, Eritrea, Sudan, and South Sudan, Maryam Salim, emphasized the essential nature of such investments: “No nation can attain lasting growth and generate employment without focusing on its human resources.”
She pointed out that Ethiopia's progress in increasing school enrollment, health access, and social safety nets demonstrates that "targeted investments are already generating opportunities for millions of households."
Diop emphasized again the importance of inclusive growth in education, healthcare, and social security areas to improve human resources.
A World Bank representative also confirmed the institution's willingness to strengthen its assistance for Ethiopia's current efforts.
The two-day gathering offers attendees the opportunity to examine Ethiopia's accomplishments and difficulties, discuss research findings, and exchange effective strategies.
The Forum will take place again tomorrow, featuring discussions centered around evidence, teamwork, and practical steps to enhance human resources and unleash Ethiopia's capabilities.
Provided by SyndiGate Media Inc. (Syndigate.info).
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