Ethiopian foreign policy is based on ambitious domestic objectives, including aiming to become a middle-income country by 2025. Economic interdependence and integration are portrayed as the methods necessary to stabilize the region and fulfil those objectives. Why, then, is Ethiopian power challenged by regional actors when it claims to be acting as a security provider? This article interrogates the nature of one of Africa's powerful states in a region of conflict and examines the idea of hegemony. It proposes that Ethiopia sees itself as the regional hegemon while acting differently, and we analyse this notion by focusing on the concepts of hegemony. We conclude that Ethiopia is an imperfect hegemon, espousing a foreign policy characterized by a relationship of dominance over and assumption of allegiance from its neighbours, which could paradoxically lead to destabilizing policies. This policy was given momentum by former Prime Minister Meles Zenawi, and must now be studied in a new light in the absence of this charismatic leader.