World Bank approves new fund for pandemic prevention
The devastating human, economic, and social cost of COVID-19 has highlighted the urgent need for coordinated action to build stronger
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World Bank
World Bank approves $300 million grant to Ethiopia
To help Ethiopia address these challenges, the World Bank has approved a $300 million International Development Association (IDA) grant for
Read moreEthiopia minister visits Afar to discuss humanitarian needs
Minister of Finance of Ethiopia Ahmed Shide, accompanied by Mr. Ousmane Dione, World Bank Country Director for Ethiopia, Sudan, S.
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Pandemic recovery requires access to credit to households, businesses
The flagship report of the World Bank, ‘World Development’, which focused on finance, advised that recovery from the impacts of
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Investment in agribusiness, energy grows Ugandan economy
Uganda could grow its economy, create jobs, and strengthen its trade position in East Africa by increasing private sector investment
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Ethiopia deputy PM meets World Bank country director
Deputy Prime Minister and Minister of Foreign Affairs of Ethiopia Demeke Mekonnen today met with Country Director of the World
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Sudan debt relief moves forward
Under a debt relief plan won by advocates in the early 2000s, Sudan could see a drastic cut in its
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IFC appoints new country manager for East Africa, Malawi
IFC, a member of the World Bank Group, has appointed Amena Arif as its new Country Manager for Kenya, Tanzania,
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Financial inclusion for Africa’s women entrepreneurs
Creating female-centric financial products and solutions for Africa’s power-force of women entrepreneurs is gaining momentum as a core focus for
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CR2 set to accelerate digital banking in Ethiopia
CR2, one of the top financial technologies companies operating in Ethiopia, has been awarded the tender to roll out Zemen
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World Bank to provide $400 million to Ethiopia
The World Bank today inked an agreement with the Ministry of Finance of Ethiopia to provide $400 million for the
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World Bank grants $80 million to Ethiopia
The World Bank has signed an agreement this week with the Government of Ethiopia to grant the Eastern African country
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World Bank grants $80 million to Ethiopia supporting agriculture
The World Bank Group’s Board of Executive Directors today approved a $80 million grant from the International Development Association to
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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
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World Bank provides $500 million to Ethiopia
The Government of Ethiopia secured $500 million grant and loan from the World Bank. The World Bank’s Board of Executive
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Sanitation lesson for Ethiopia from India
BY MEKONNEN TESHOME TOLLERA – About a year ago a report by the African development bank rated Ethiopia among the
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Ethiopia, Egypt fail to reach agreement on the Nile
The governments of Ethiopia and Egypt have failed to reach an agreement on the use of the Nile River and
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IMF to provide seven-fold finance to Ethiopia
Supporting Ethiopia’s home–grown economic reform, the International Monetary Fund (IMF) has agreed with Ethiopian government at technical level to provide
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IFC invests in Ethiopia to boost malt production
International Finance Corporation (IFC), a member of the World Bank Group, today announced a €20 million investment in Soufflet Malt
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Africans exploitation continues by design
Poverty in Africa and exploitation of Africans labor and natural resources has continued to this day not by accident but
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Ethiopia’s privatization urgency sparks debate
Intellectuals and business leaders gathered in Addis Ababa this morning debate about the benefits of Ethiopia’s “urgency” to privatize the
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