Addis Ababa, October 21, 2025 (FMC) – Ethiopia and the Abu Dhabi Fund for Development (ADFD) have agreed to deepen their strategic development and investment partnership.
The agreement follows a high-level meeting between Finance Minister Ahmed Shide and ADFD Director General Mohamed Saif Al Suwaidi, held on the sidelines of the 2025 World Bank Group and International Monetary Fund (IMF) Annual Meetings in Washington, D.C.
The discussion focused on enhancing the longstanding collaboration between Ethiopia and the United Arab Emirates through targeted development engagement and investment initiatives.
Minister Ahmed Shide commended ADFD for its continued support of Ethiopia’s national development priorities, highlighting the Fund’s key role in financing projects across sectors that drive sustainable growth and create jobs.
Director General Mohamed Saif Al Suwaidi reaffirmed ADFD’s commitment to expanding collaboration with Ethiopia and emphasized the Fund’s readiness to explore new opportunities that strengthen economic resilience and deepen bilateral relations.
Both sides concluded the discussion by reaffirming their shared commitment to advancing sustainable development and expanding economic cooperation for the mutual benefit of Ethiopia and the UAE.