Ethiopia secures $4 billion project financing from abroad
The Government of Ethiopia has obtained close to 142.3 billion birr (about $3.95 billion) external financing for its different projects
Read more
loan
Ethiopian banks’ loan disbursement grows 24 percent
NEWS- The 18 commercial banks in Ethiopia have disbursed a total loan of 221 billion birr (about $6.44 billion at
Read more
Word Bank provides $82 million to Ethiopia
The World Bank provides $82 million assistance to the Government of Ethiopia for the fight against the spread of coronavirus
Read more
Namibia gets $129 loan to boost economy
The Board of Directors of the African Development Bank has approved a $129.4 million (ZAR 2.011 billion) loan to finance
Read more
China expresses support to Ethiopia’s reform
Chinese Foreign Minister Wang Yi, who arrives Addis Ababa on Thursday for official visit, expressed his country’s support to the
Read more
Uganda towns secure funding to improve water, sanitation
In a bid to help Uganda improve heath and productivity in the country’s major towns, the African Development Bank has
Read more
Morocco agribusiness gets EUR 200 million
The Board of Directors of the African Development Bank has approved EUR 200 million loan to support inclusive and Sustainable
Read more
Ethiopia’s banking industry grows double digit
A new report predicts double digit growth of Ethiopia’s banking industry. Ethiopia’s commercial banking sector will post a steady expansion
Read more