(Ecofin Agency) - • Italy increases support to IDA by 25% to help drive sustainable growth in Africa.
• The agreement will fast-track Italy’s Mattei Plan, focusing on infrastructure, energy, agriculture, education, and job creation.
• Italy aims to strengthen economic ties with Africa while securing Europe's energy supply and managing migration flows.

Italy raised its financial support to the International Development Association (IDA) by 25%, according to a statement published by the World Bank on April 25.

“The agreement lets Italy and the World Bank work together to support projects that match countries' development needs. It helps carry out the goals of the Mattei Plan, Italy’s approach to building equal, future-focused partnerships with African nations. The plan emphasizes concrete investments in areas like energy, infrastructure, farming, water, health, education, and job training—with job creation at its core,” the statement read.

The $5.9 billion Mattei Plan aims to strengthen Italy’s economic and strategic partnerships with several African nations. One of its main goals is to secure energy supplies for the European Union, while also supporting African development to reduce migration pressures toward Europe. Another major ambition is to position Italy as a vital energy hub connecting Africa to Europe.

Earlier this year, in February 2025, the Italian government announced plans to invest €6.5 million ($7.4 million) to build a new school for training public administration professionals in Africa. Italy also signed a partnership with Ethiopia to help the country develop its digital services.

The new agreement highlights Italy’s intention to work closely with international programs led by institutions like the World Bank and the African Development Bank. One of the major goals is to help bring electricity to 300 million Africans by 2030.

Lydie Mobio (intern)