Ethiopia and Italy engage on strategic infrastructure cooperation

An Ethiopian delegation led by Finance Minister Ahmed Shide held high-level consultations in Rome with Italy’s Mattei Plan Task Force. The talks focused on key projects including the Koysha Hydropower Project and Bishoftu International Airport Development Project.

Ethiopia and Italy have held talks on strategic cooperation to bolster bilateral ties and speed up key infrastructure projects. A delegation from Ethiopia, headed by Finance Minister Ahmed Shide, conducted high-level consultations in Rome with Italy's Mattei Plan Task Force. The discussions focused on flagship initiatives vital to Ethiopia's development, namely the ongoing Koysha Hydropower Project and the planned Bishoftu International Airport Development Project. The Ministry of Finance described the talks as productive, with both sides demonstrating commitment to strategic investments that foster sustainable economic growth. These projects are set to boost Ethiopia's energy capacity and aviation infrastructure. Italy reaffirmed its dedication under the Mattei Plan to strategic partnerships with African nations, including Ethiopia, via innovative financing and enhanced public-private collaboration.

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Italian Deputy Foreign Minister Maria Tripodi and Addis Ababa Mayor Adanech Abebe inspect the beautified river corridor project in Addis Ababa.
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Italian deputy foreign minister inspects Addis Ababa river corridor

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Italian Deputy Foreign Minister Maria Tripodi inspected the river corridor development from Entoto to Arada in Addis Ababa during the first Italo-Ethiopian forum on construction, infrastructure, and urban solutions. Addis Ababa Mayor Adanech Abebe highlighted the event as a key step in bilateral cooperation. Officials emphasized enhanced urban beautification and environmental protection.

An Ethiopian delegation trained by Finance Minister Ahmed Shide held discussions with high-level officials from Italy's Mattei Plan in Addis Ababa. The talks focused on progress in the Koysha electric power plant and Bishoftu world-class airport apron projects. These efforts seek to strengthen Ethiopia's power exports and aviation development for sustainable growth.

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Italian industrial and financial firms stand ready for the $12.5 billion Bishoftu International Airport project tender. Ethiopian authorities have yet to issue the official tender. Italian representatives say technical and financial preparations are complete.

Ethiopia's Finance Minister Ahmed Shide called for intensified financial support for future road corridor construction at the 28th African Development Bank Ministerial Meeting, held alongside the World Bank and IMF Spring Meetings. Ethiopia participated in the gathering.

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Ethiopia's Finance Minister Ahmed Shide has met with Ben Black, CEO of the US International Development Finance Corporation (DFC), in Addis Ababa. The meeting, held on the sidelines of the 2026 World Bank and IMF Spring Meetings, aimed to strengthen the strategic partnership between Ethiopia and the DFC. The two sides discussed cooperation in trade, economy, transport, and mining sectors.

Egypt's planning minister met a World Bank official to discuss stronger cooperation and an innovative financing model for infrastructure projects.

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Ahmed Rostom, Egypt's Minister of Planning and Economic Development, held talks with a World Bank mission led by Stéphane Guimbert, the Bank's Regional Director for Egypt, Yemen, and Djibouti. The discussions centered on advancing joint cooperation and reviewing progress on the Public Finance Review report. Rostom reaffirmed the government's commitment to using the report to support economic reforms aligned with Egypt Vision 2030.

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