Ethiopia, Denmark Sign 238.4 Million USD Bilateral Dev’t Agreement

Addis Ababa, June 20, 2025 (ENA) -- The Government of Ethiopia and the Royal Danish Government today formalized a significant bilateral development agreement, the Danish–Ethiopian Bilateral Development Program for the period 2025 to 2029.

The signing ceremony signifies a deepening partnership and enduring commitment between the two nations.

This ambitious five-year program, backed by a substantial contribution of 238.4 million USD, stands out as one of Denmark's largest global development aid programs, according to Ministry of Finance. 

State Minister of Finance, Semereta Sewasew speaking on behalf of the Government of Ethiopia, offered profound gratitude for Denmark’s unwavering support.

"The program we are launching today... comes at a very important time for Ethiopia. We are emerging from a difficult period of conflict and global economic challenges, and are now working hard to rebuild what has been lost—homes, livelihoods, and most importantly, hope".

The State Minister underscored the critical timing of the program. She further elaborated on the direct impact, noting, "This partnership will support some of the most vulnerable Ethiopian families who are striving to recover their livelihoods, young people who are looking to work and communities that are adapting with changes in climate".

The program directly aligns with Ethiopia's national plan and reflects the people-centered vision we have for development in Ethiopia, the state minister added. 

Ambassador Sune Krogstrup of the Royal Danish Embassy to Ethiopia said "This is a testament to the strong bilateral relationship between Ethiopia and Denmark and the excellent partnership that we have enjoyed throughout the years".

Ambassador Krogstrup expressed his delight in signing the agreement, which he confirmed was "developed in close partnership with the Ethiopian government". He noted, "Ethiopia and Denmark share many priorities, and most of them are reflected in this program".

Key areas of support will include water, electricity, agriculture, social cohesion and social safety net which is very important in these times of change.

The Ambassador conveyed his confidence that this program will pave the way for an even deeper cooperation between Ethiopia and Denmark and that the partnership will continue to grow over the next five years.

He concluded by affirming, "Ethiopia can count on the support of the government of Denmark, of the people of Denmark".