March 18, 2026
Ethiopian Delegation Holds High-Level Consultations with Italy’s Mattei Plan Task Force to Advance Strategic Infrastructure Projects
Ministry of Finance
ROME – – An Ethiopian delegation led by H.E. Ahmed Shide, Minister of Finance of the Federal Democratic Republic of Ethiopia, held productive consultations in Rome with Italy’s High-Level Task Force for the Mattei Plan, aimed at deepening bilateral cooperation and advancing priority infrastructure projects.
The discussions focused on key flagship initiatives central to Ethiopia’s development agenda, notably the ongoing Koysha Hydropower Project and the planned Bishoftu International Airport Development Project. These projects are expected to play a transformative role in enhancing Ethiopia’s energy capacity and aviation infrastructure, while supporting sustainable economic growth.
The Italian side reaffirmed its strong commitment under the Mattei Plan to support strategic partnerships with African countries, including Ethiopia, through innovative financing mechanisms and strengthened public-private collaboration.
The Task Force comprises senior representatives from the Italian Ministry of Economy and Finance, the Ministry of Foreign Affairs and International Cooperation, as well as leading Italian financial institutions and private sector actors, including SACE, Cassa Depositi e Prestiti (CDP), and Webuild.
During the consultations, both sides exchanged views on financing arrangements for the Koysha Hydropower Project, including ongoing efforts to mobilize additional resources and optimize financing structures. Discussions also covered potential financing modalities for the Bishoftu Airport Development Project, with a focus on leveraging blended finance instruments and fostering private sector participation.
The Ethiopian delegation underscored the importance of these projects in supporting the country’s macroeconomic reform agenda and long-term development priorities, while expressing appreciation for Italy’s continued partnership and support.
Both sides agreed to maintain close engagement and technical collaboration to accelerate progress on the identified projects and translate shared commitments into concrete outcomes.
__
Support Borkena : https://borkena.com/subscribe-borkena/
Join our Telegram Channel : t.me/borkena
Like borkena on Facebook
Borkena Ethiopian News Youtube Channel
To submit Press Release, send submission to info@borkena.com