Ethiopia and EIB Global Deepen Strategic Partnership to Mobilize Investment

The Ministry of Finance and an EIB Global delegation met to discuss strategic partnerships for Ethiopia’s economic transformation. The talks focused on advancing 190 million Euro in financing, including 110 million Euro for the Third Rural Financial Intermediation Program (RUFIP III) and 80 million Euro for the Renewable, Integrated and Sustainable Energy and Digitalization (RISED) project. The sides also explored financing opportunities for the new Bishoftu International Airport to boost aviation capacity and regional connectivity. State Minister Tiguist Fisseha emphasized Ethiopia's commitment to macroeconomic stability, private sector-led growth, and the development of green finance and capital markets. EIB Global reaffirmed its commitment to supporting Ethiopia's priorities in infrastructure, energy, and regional integration, while leveraging EU Global Gateway strategies to foster broader economic cooperation.