Energy Access and Connectivity Part of African Development Bank Strategy for Ethiopia
By Nomvuyo Tena
The African Development Bank (AfDB) has released its new 2023-2027 Country Strategy Paper for Ethiopia that highlights energy access and connectivity as priorities.
The key objective of the strategy is to support Ethiopia in expanding inclusive and sustainable growth through agro-industrialisation, improved connectivity and competitiveness and reduced vulnerability to shocks.
The blueprint focuses on two priority areas:
- Improving economic and financial governance for greater resilience, enhanced service delivery and private sector growth,
- Developing quality and sustainable infrastructure to support Ethiopia’s agro-industrialisation.
Under the first priority area, the AfDBwill support Ethiopia to strengthen institutional and human capacity in macroeconomic and financial governance, including monetary policies and debt management. A key focus is to improve the government’s capacity to deliver quality and equitable essential social services, promote transparency and accountability, and strengthen the resilience of institutions and services.