South Korea and Ethiopia are preparing a new pipeline of projects under the Economic Development Cooperation Fund (EDCF), while also working to fast-track the implementation of existing investments worth about Officials from the Ministry of Finance, the Korea Exim Bank (KEXIM) and Project Execution Agencies reviewed implementation progress, coordination challenges and project delivery, with discussions also focusing on new investments aligned with Ethiopia's Homegrown Economic Reform Agenda. The EDCF finances projects in energy, roads, irrigation, health and higher education through highly concessional loans with extended grace periods and long repayment maturities, making it one of Ethiopia's key sources of development finance.

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