Source: Ministry of Finance, Ethiopia |

Ethiopia and Norway signed a grant Agreement

The grant agreement was signed by H.E Semereta Sewasew, State Minister of MoF and H.E Stian Christensen, Ambassador of Norway to Ethiopia, on behalf of the Norwegian Ministry of Foreign Affairs

The Ministry of Finance and the Norwegian Ministry of Foreign Affairs (MFA) represented by the Royal Norwegian Embassy in Addis Ababa signed a 273 million Norwegian Kroner (approximately 25 million USD) grant agreement for the second phase of the REDD+ Investment Program. The grant agreement also constitutes an unfunded amount…

Source: Ministry of Finance, Ethiopia |

H.E. Ato Ahmed Shide, Minister of Finance of the Federal Democratic Republic of Ethiopia, held a fruitful bilateral discussion with H.E. Madam Jutta Urpilainen, Commissioner for International Partnerships of the European Union

The Minister briefed the Commissioner the current socio-economic and political situation of Ethiopia

H.E. Ato Ahmed Shide, Minister of Finance of the Federal Democratic Republic of Ethiopia, held a fruitful bilateral discussion with H.E. Madam Jutta Urpilainen, Commissioner for International Partnerships of the EU on the sidelines of the Ministerial Meeting of the Horn of Africa Intiative. The Minister briefed the Commissioner the current socio-economic…

Source: Ministry of Finance, Ethiopia |

Ethiopia is hosting the 18th Horn of Africa Initiative Ministerial Conference

The discussion is focused on the development of borderland and attracting private sector investments through public- Private partnerships or by creating a favorable investment climate

The Horn of Africa Ministerial Initiative Meeting is being held in Addis Abeba chaired by Ahmed Shide, Ethiopia's Finance Minister, and Jutta Urpilainen, the European Commissioner for International Partnerships. The discussion is focused on the development of borderland and attracting private sector investments through public- Private partnerships or by creating…

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    • Ministry of Finance has Held a Consultative Meeting with Tigray Inclusive Interim Administration Cabinet Members
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Source: Ministry of Finance, Ethiopia |

Ministry of Finance has Held a Consultative Meeting with Tigray Inclusive Interim Administration Cabinet Members

The government of Ethiopia and TPLF has reached into a peace agreement which has triggered the revitalization of basic services and pubic services in the region

On April 10, 2023, H.E Semereta Sewasew, the State Minister of Finance, and six officials visited Tigray Interim Administration (TIA). On November 02, 2023 the government of Ethiopia and TPLF has reached into a peace agreement which has triggered the revitalization of basic services and pubic services in the region. Among…

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    • The European Union, France and Ethiopia signed a 32 million Euro Financial support agreement
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Source: Ministry of Finance, Ethiopia |

The European Union, France and Ethiopia signed a 32 million Euro Financial support agreement

The financing agreement was signed by H.E Semereta Sewasew state minister of Finance, H.E Valérie Tehio, AFD director in Ethiopia and Dr. Stefan Lock

The European Union (EU), France Development Agency and Ethiopian government signed a 32 million Euro Financial support agreement at a ceremony held in Ministry of Finance. The financing agreement is intended to the project Food security and Agriculture Rehabilitation measures in Conflict-Affected Regions of Ethiopia which is funded 18 million Euro…

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    • Ministry Undertakes Consultations on a New Cooperation Framework between Federal Democratic Republic of Ethiopia and the Czech Republic focusing on developing practices in climate resilient agriculture and the Water sector
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Source: Ministry of Finance, Ethiopia |

Ministry Undertakes Consultations on a New Cooperation Framework between Federal Democratic Republic of Ethiopia and the Czech Republic focusing on developing practices in climate resilient agriculture and the Water sector

The consultative meeting was chaired by H.E. Semereta Sewasew in the presence of representatives from the Ministry of Agriculture, Ministry of Planning and Development and Ministry of Water and Energy

Consultations were held between the Government of the Federal Democratic Republic of Ethiopia and mission from the Czech Republic. The purpose of the meeting was to present Ethiopia’s ongoing development plan, future perspective and reach agreement on sectors of priority to be indicated in the upcoming Development Cooperation Agreement that is…

Source: Ministry of Finance, Ethiopia |

Ethiopia and China sign an Memorandum of Understanding (MOU) to establish a Working Group to boost investment and economic cooperation

The MOU was co-signed by H.E. Ahmed Shide, Ethiopia’s Minister of Finance, representing the Federal Democratic Republic of Ethiopia and H.E. Li Fei, Assistant Minister of Commerce of the People’s Republic of China

During the Joint Economic and Trade Commission meeting held on February 21, 2023, Ethiopia and China signed a Memorandum of Understanding (MOU) to establish an investment and economic cooperation working group aimed at jointly boosting bilateral economic and trade relations in strategic fields. The MOU was co-signed by H.E. Ahmed…

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    • H.E. Minister Ahmed Shide chaired a meeting with Ministers for a briefing on Reconstruction and Recovery
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Source: Ministry of Finance, Ethiopia |

H.E. Minister Ahmed Shide chaired a meeting with Ministers for a briefing on Reconstruction and Recovery

The meeting discussed the findings of the comprehensive assessment of damages and losses caused by the recent conflict

Yesterday, Minister of Finance H.E. Ahmed Shide, held a meeting with fellow ministers on the Government’s ongoing and planned efforts for reconstruction in the directly affected regions as well as national scale measures taken to address the recovery needs. The meeting discussed the findings of the comprehensive assessment of damages…

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    • Ethiopia and the World Bank signed Financing Agreements amounting to a total of 745 million US Dollars
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Source: Ministry of Finance, Ethiopia |

Ethiopia and the World Bank signed Financing Agreements amounting to a total of 745 million US Dollars

The Agreements was signed by H.E. Mr. Ahmed Shide, Minister, Ministry of Finance and Mr. Ousmane Dione, Country Director for Ethiopia, Eritrea, Sudan and South Sudan, the World Bank

Today January 26, 2023, the Ministry of Finance and the World Bank signed two Financing Agreements amounting to a total of 745 million US Dollars (approximately 39.8 billion ETB) both in the form of grants. The first Grant Agreement amounting to 445 million US dollars will finance to implement/ Program for Results…