Tuesday, May 26, 2026

Ethiopia, Italy Engage on Strategic Infrastructure Cooperation

Ethiopia and Italy have engaged on strategic cooperation aimed at strengthening bilateral cooperation and accelerating priority infrastructure projects.

An Ethiopian delegation led by Finance Minister Ahmed Shide has held high level consultations in Rome with Italy’s Mattei Plan Task Force.

The discussions centered on flagship initiatives critical to Ethiopia’s development agenda, including the ongoing Koysha Hydropower Project and the planned Bishoftu International Airport Development Project.

According to Ministry of Finance, the discussion was productive as both show commitment to advancing strategic investments that support sustainable economic growth.

These projects are expected to play a transformative role in enhancing Ethiopia’s energy capacity and aviation infrastructure, while supporting sustainable economic growth.

The Italian side reaffirmed its strong commitment under the Mattei Plan to support strategic partnerships with African countries, including Ethiopia, through innovative financing mechanisms and strengthened public-private collaboration.

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Ethiopia lifts monopoly on China-bound export licenses, opening access to all commercial banks

The Government of Ethiopia has officially lifted the long-standing...

NBE eases LC rules, caps fees in FX reform push

The National Bank of Ethiopia (NBE) has revised its...

Elon Musk’s SpaceX plans for biggest IPO in history to shake Wall Street

SpaceX’s IPO filing – the biggest in history -...

COP 31 President urges world to switch on to electrification

COP31 President-Designate Murat Kurum called for an urgent increase...

Ethiopia sets course for a decade of capital market reform

The Economic Commission for Africa (ECA), the Ethiopian Capital...
spot_img

Related Articles

Popular Categories

spot_imgspot_img