FfD3 Basically Changed Ethiopia's Image: Officials

The Third International Conference on Financing for Development (FfD3), which was concluded yesterday, has basically changed Ethiopia's image, it was indicated.

Foreign Affairs Minister Dr Tedros Adhanom and Minister of Finance and Economic Development, Sufian Ahmed, gave a joint press conference today following the conclusion of the conference.

Minister of Finance and Economic Development, Sufian Ahmed, said Ethiopia has successfully hosted the conference surpassing expectations and with unmatched the hospitality that was appreciated by delegates of the conference.

During the conference, Ethiopia showcased its economic sectors, cultural heritages, as well as untapped investment and tourism potentials through the Ethiopian Village and Exhibition, he said.

The Exhibition was visited by close to 3,000 delegates as well as representatives of international businesses attending the international business forum that took place during the conference, he said.

The country has also promoted its investment areas at the high level event with the theme “Ethiopia rising” a carbon neutral middle income manufacturing hub by 2025,” he said.   

The success of the conference and the groundbreaking agreement, the Addis Ababa Action Agenda, show the world’s faith on Ethiopia, Foreign Affairs Minister Dr Tedros Adhanom said.

Ethiopia has played a significant role to bring participant countries to a common consensus on the Addis Ababa Action Agenda, he said.

The Addis Ababa Action Agenda includes important policy commitments and key deliverables in critical areas for sustainable development, including infrastructure, social protection, and technology.

There were agreements for international cooperation, for financing of specific areas where significant investments are needed, such as in infrastructure for energy, transport, water and sanitation, and other areas to help realize the proposed sustainable development goals, it was noted

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