Italy and Ethiopia sign an agreement on riverside development project in Addis Ababa

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The Ambassador of Italy Arturo Luzzi and the Deputy Minister of Finance and Economic Cooperation of Ethiopia Admasu Nebebe signed an agreement on Riverside Development Project in Addis Ababa, worth 5 Million Euros, in the framework of the “Beautifying Sheger project” launched by the Ethiopian Government. Italy intends to contribute to the efforts of the Ethiopian Government aimed at promoting a fully sustainable development of the Country with a positive impact on mitigation of climate change and enhancement of local communities.
In related development the two also signed five bilateral agreements concerning technical and financial assistance for a total amount of 28.7 Million Euros.
The five implementing agreements are focused on the agro-industrial development, on strengthening the health system with special attention given to gender and nutrition component, on urban natural resources management, on education and job creation.