Rome, March 18, 2026 (FMC) — An Ethiopian delegation led by Ahmed Shide, Minister of Finance, held productive consultations in Rome with Italy’s High-Level Task Force for the Mattei Plan to advance bilateral cooperation and priority infrastructure projects.
The discussions focused on flagship initiatives central to Ethiopia’s development agenda, including the ongoing Koysha Hydropower Project and the planned Bishoftu International Airport Development Project. These projects are expected to enhance the country’s energy capacity and aviation infrastructure while supporting sustainable economic growth.
The Italian side reaffirmed its commitment under the Mattei Plan to strengthen partnerships with African countries, including Ethiopia, through innovative financing mechanisms and enhanced 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 financial institutions and private sector actors such as 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 explored financing approaches for the Bishoftu Airport Development Project, with emphasis on blended finance instruments and private sector participation.
The Ethiopian delegation highlighted the importance of these projects in supporting the country’s macroeconomic reform agenda and long-term development priorities, expressing appreciation for Italy’s continued partnership.
Both sides agreed to maintain close engagement and technical collaboration to accelerate progress on the projects and translate shared commitments into tangible outcomes.