Financial Assistance Targeted at Agribusiness, Digital Expansion, and Democratic Institutions The European Union (EU) has agreed to provide Ethiopia with a grant of €240 million to support development initiatives across key sectors. This financial assistance will primarily bolster projects in agribusiness, enhance digital competencies, and strengthen democratic institutions. Furthermore, the agreement will support public administration and facilitate efforts to promote stability and recovery in regions emerging from conflicts, including the Tigray Regional State. On Thursday, April 3, 2025, the Ministry of Finance announced the details of the grant agreement. Finance Minister Ahmed Shide and the EU Ambassador to Ethiopia, Sofie From-Emmesberger, signed the agreement. Ahmed Shide stated that the financial package would not only encourage private sector investment but also aid in the overhaul of tax and customs frameworks. He emphasised that this assistance aims to enhance agribusiness, health, and education services throughout the nation. Emmesberger said that, asserting that the grant reflects a mutual commitment to fostering long-term progress in Ethiopia.
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