Ethiopia's Ministry of Finance has announced the strengthening of its strategic partnerships with major international financial institutions at a recent meeting held during the African Union Summit. Minister of Finance Ahmed Shide engaged with senior officials from the African Development Bank (AfDB), International Fund for Agricultural Development (IFAD), and the Arab Bank for Economic Development in Africa (BADEA) to discuss advancing Ethiopia's reform agenda and key investment programs. These engagements are crucial as the country seeks to enhance its climate resilience initiatives while promoting economic growth.

Significantly, Minister Shide held discussions with BADEA President Abdullah Almusaibeeh focusing on financing opportunities for major infrastructure projects, which include vital developments like the Bishoftu International Airport and the Koysha Hydropower Project. These projects are expected to bolster Ethiopia's infrastructure capabilities and support its overall development strategy, attracting further international investments and partnership opportunities.

The outcome of these high-level meetings underscores Ethiopia's commitment to pursuing investment that aligns with its national priorities, particularly in light of global discussions surrounding climate resilience and sustainable development. As Ethiopia continues to strengthen its ties with key international financial bodies, it is likely to gain increased support for its ongoing reforms and economic initiatives, fostering a pathway towards sustainable growth and development in the region.