The Ethiopian Diplomatic Mission paid a Courtesy Call to Mr. Andrew McDowell
H.E. Ambassador Eshete Tilahun, accompanied by his delegation held a courtesy meeting with Mr. Andrew McDowell, Director General of the European Investment Bank (EIB) – Global and his team on 27 February 2025.
After brief introduction during the meeting Mr. McDowell and his team have provided an overview of the EIB’s operations, highlighting the strategic presence of the bank in Ethiopia’s key sectors. The priority sectors being finance, energy, infrastructure, water and agriculture. They elaborated on the ongoing and upcoming projects, emphasizing the institution’s commitment to support and work with Ethiopia. Particular attention drawn to the economic development through sustainable investments and financing partnerships.
Ambassador Eshete on his part expressed his appreciation for the bank’s long-lasting collaboration with Ethiopia and the role of EIB in financing development initiatives and specific project. He provided insights into Ethiopia’s priority sectors as major drivers of growth and development of the country. He also outlined key areas where further cooperation could be strengthened. The Ambassador emphasized the importance of sustained financial support and technical assistance to drive Ethiopia’s economic development. In the context of the country’s ongoing reform, EU’s Global Gateway, the depth investment and business opportunities for entrepreneurs from European countries and Ethiopia are explored. The officials agreed to consult and exchange information regularly.
