Ethiopia, African Development Bank Pledge Deeper Partnership to Boost Economy and Infrastructure

Ethiopia and African Development Bank Strengthen Partnership

Addis Ababa, November 27, 2025 (FMC) — Ethiopia and the African Development Bank (AfDB) have committed to deepening their collaboration to drive economic growth and infrastructure development across the country.

Key Focus Areas

The agreement highlights the prioritization of:

Expanding infrastructure projects in transportation and energy sectors.
Enhancing economic reforms to promote sustainable growth.
Supporting job creation and industrial development.

Statements from Leadership

During the signing ceremony, Ethiopian officials underlined the importance of this partnership for national development. Abdalla Hamdok, AfDB Vice President for Power and Infrastructure, emphasized:

"Our collaboration will accelerate Ethiopia’s transformation by mobilizing resources for critical infrastructure and inclusive economic policies."

Impact on Ethiopia’s Economy

This strengthened alliance is expected to:

Boost the country's regional trade capabilities.
Improve access to essential services like electricity and roads.
Foster investment climate conducive to private sector growth.

The partnership reflects mutual commitment to achieving Ethiopia’s development goals while contributing to Africa’s wider economic progress.

Author’s note: Ethiopia's renewed cooperation with AfDB aims to catalyze key infrastructure and economic reforms, enhancing long-term growth and regional integration.

Fana Media Corporation S.C — 2025-11-29

Ethiopia and African Development Bank Strengthen Partnership

Key Focus Areas

Statements from Leadership

Impact on Ethiopia’s Economy

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