Ethiopia’s Finance Minister, Saudi Fund CEO Discuss Cementing Strategic Partnership and Mega Airport Financing

Addis Ababa, March 25, 2026 (ENA) —Minister of Finance, Ahmed Shide held a high-level strategic meeting with Sultan bin Abdulrahman Al-Marshad, Chief Executive Officer of the Saudi Fund for Development, aimed at reinforcing bilateral development cooperation and exploring new avenues for partnership.

The discussions reviewed ongoing development programs, evaluated the progress of current SFD-supported initiatives, and identified opportunities to accelerate project execution.

Both sides explored expanded collaboration, including financing options for Ethiopia’s upcoming mega airport project, and outlined next steps for the bilateral signing of the debt restructuring under the G20 Common Framework.

Minister Ahmed  and CEO Al-Marshad also examined key priority sectors for future investment, emphasizing their shared commitment to sustainable development, economic growth, and enhanced bilateral cooperation.

The meeting reaffirmed the strong, long-standing partnership between Ethiopia and the Saudi Fund for Development, setting the stage for a new phase of ambitious joint initiatives.