Ethiopia signs $9.6 million grant agreement with Japan

Addis Ababa, November 20, 2024 (FBC) — The Federal Democratic Republic of Ethiopia and the Government of Japan have signed an exchange of notes for a grant aid project titled “The Project for the Improvement of Secondary Schools in Sidama Region.”

The project, valued at approximately US$9.6 million, will benefit around 3,600 students in the Sidama region through the construction of five new secondary schools equipped with facilities such as student desks, chairs, and laboratory equipment.

During the signing ceremony, Minister Ahmed Shide commended the Japanese government for its unwavering commitment to promoting quality growth, poverty eradication, peace, and stability. He expressed appreciation for Japan’s support, emphasizing how it aligns with Ethiopia’s development priorities.

The Minister also highlighted recent progress in Ethiopia’s reform agenda, reflecting the country’s commitment to building a more resilient and stable economy.

He stressed the need for continued support from partners like Japan to implement this historic reform program effectively.

Ambassador Shibata Hironori expressed hope that the grant aid project would benefit children in the Sidama region and contribute to Ethiopia’s future, emphasizing the importance of education as the foundation of a nation.

He also noted that the initiative would further strengthen the friendship between the governments and peoples of Ethiopia and Japan.

The agreements were signed by Mr. Ahmed Shide, Minister of Finance, and

Mr. Shibata Hironori, Ambassador Extraordinary and Plenipotentiary of Japan to the Federal Democratic Republic of Ethiopia and Mr. Oshima Kensuke, Chief Representative of the Japan International Cooperation Agency (JICA) Ethiopia Office, on behalf of the Government of Ethiopia and Japan respectively.