• Ethiopia and Italy signed a joint declaration to deepen cooperation during a bilateral meeting in Addis Ababa.
• The cooperation framework includes a financial package of €180 million in soft loans and grants.
• The deal targets agricultural and industrial development, plus basic health and education services.
Ethiopia and Italy signed a joint declaration to strengthen their longstanding partnership, Prime Minister Abiy Ahmed announced on his X account on July 27. The signing took place during a bilateral meeting in Addis Ababa between Ethiopian Prime Minister Abiy Ahmed and Italy’s Prime Minister Giorgia Meloni.
Abiy Ahmed emphasized that the agreement boosts ties between the two nations. He added that the leaders engaged in productive discussions on a range of bilateral and multilateral issues.
I had the pleasure once again of welcoming Prime Minister @GiorgiaMeloni of the Italian Republic to the National Palace. During our meeting, we engaged in productive discussions on a range of bilateral and multilateral issues. Our longstanding partnership was further reinforced… pic.twitter.com/6o4lofzhSc
— Abiy Ahmed Ali ?? (@AbiyAhmedAli) July 27, 2025
This declaration came on the eve of the United Nations Summit on Food Systems, held on July 28-29 2025. The summit gathers global leaders, experts, and stakeholders to fast-track sustainable food systems worldwide.
The Italian-Ethiopian Cooperation Framework features a financial commitment of €180 million—roughly $209 million—comprising soft loans and grants. The funds will support key projects to create jobs and drive economic development in agricultural and industrial sectors. In addition, they will improve access to basic health and education services.
This article was initially published in French by Lydie Mobio
Edited in English by Ange Jason Quenum
The fintech leaders primarily emerge from Nigeria, Egypt, Kenya, and South Africa, nations recognize...
By linking ECOWAS countries, the project enhances regional digital infrastructure, which is crucial ...
The acquisition signals rising confidence in Africa’s digital infrastructure as a viable, long-term ...
As digital technologies reshape Africa's job market, digital skills are becoming crucial for youth i...
- Micro, small, and medium enterprises received over half of business loans in WAEMU in 2024 - Bank ...
• Belgian investor Victoria Equity injected $6.2M loan, proposing share conversion that would dilute State control.• Minister Bussa urges matching...
• African Gold began a 40,000m drilling program at Didievi in Côte d’Ivoire, running through 2026.• Backed by Montage Gold’s \M investment, it targets...
• Ghana has terminated Rocksure International’s lease for the Nyinahin bauxite deposit, Reuters reported on July 28.• The $1.2B project with GIADEC...
After years of discussion, the plan for a rail connection between Botswana and Zambia is now entering a critical phase. This segment's development is part...
Garamba National Park, located in the northeastern Democratic Republic of Congo, is one of Africa’s oldest and most iconic protected areas. Established in...
Perched in the rugged heights of the Djebel Nefoussa in northwestern Libya, Qasr Al Haji (also spelled Ghasr Al-Hajj) is a striking example of traditional...