Ethiopian ambassador holds talks with vice president of CAD Fund in Beijing

Addis ababa, April 1, 2025 (FMC) — Ambassador Tefera Derbew, Extraordinary and Plenipotentiary Ambassador of the Federal Democratic Republic of Ethiopia to the People’s Republic of China, had a discussion with Mr. Yu Zhuorui, Vice President of the China-Africa Development Fund, this morning.

During their engagement, they addressed various mutual cooperation opportunities and concerns shared by both countries.

The Ambassador emphasized the necessity of strengthening existing partnerships and diversifying investments, particularly focusing on projects such as the new international airport and highlighted recent developments from Ethio-telecom and Ethiopian Investment Holdings Group.

He outlined the economic development trajectory of Ethiopia and invited CAD Fund to explore investment opportunities within the nation.

Mr. Yu Zhuorui, on his part expressed gratitude to the Ambassador for facilitating the meeting, noting that it would enhance the bilateral relations between the two countries.

The Vice President underscored the importance of joint consultations to foster shared development cooperation and explore new avenues for collaboration, also expressing interest in participating in the new airport project.

He revealed that representatives have been assigned to the branch office of CAD Fund in Addis Ababa.

While concluding the meeting, Ambassador Tefera assured that the government would extend all necessary support to the newly deployed staff of the China-Africa Development Fund.