Addis Ababa — Ethiopia's Minister of Finance, Ahmed Shide, arrived in Mogadishu today to participate in the 27th Ministerial Roundtable of the Horn of Africa Initiative (HoAI). On the sidelines of the meeting, Minister Ahmed held a productive bilateral discussion with Myriam Ferran, Deputy Director-General for International Partnerships at the European Commission, focusing on strengthening cooperation under the Horn of Africa Initiative framework. The two sides discussed ways to further enhance collaboration and reached an understanding on the EU's commitment to finance the Ethiopia-Djibouti transport corridor, a flagship regional project under the Horn of Africa Initiative. They also agreed to strengthen support for macroeconomic reform programs, recognizing their importance for sustainable growth and regional stability. The 27th HoAI Ministerial Roundtable will focus on accelerating access to reliable and affordable electricity, including advancing the financing of transmission and regional energy connectivity, as well as other priority interventions aimed at promoting resilience, integration, and inclusive development across the Horn of Africa.

Source: Ethiopian News January 28, 2026 15:00 UTC