World Bank – New Business Ethiopia

Sudan debt relief moves forward

May 7, 2021BEHAK

Under a debt relief plan won by advocates in the early 2000s, Sudan could see a drastic cut in its $50 billion debt this summer, according to the IMF and the World Bank.

IFC appoints new country manager for East Africa, Malawi

March 15, 2021BEHAK

IFC, a member of the World Bank Group, has appointed Amena Arif as its new Country Manager for Kenya, Tanzania, Uganda, Rwanda, Burundi, Somalia, and Malawi, effective immediately.

Financial inclusion for Africa’s women entrepreneurs

March 8, 2021March 8, 2021BEHAK

Creating female-centric financial products and solutions for Africa’s power-force of women entrepreneurs is gaining momentum as a core focus for banking and financial services industries on the continent. Financially empowered women hold the key to boosting Africa’s economic success.

CR2 set to accelerate digital banking in Ethiopia

December 23, 2020newbusinessethiopianews

CR2, one of the top financial technologies companies operating in Ethiopia, has been awarded the tender to roll out Zemen Bank’s mobile banking with Bank World, its digital banking platform, CR2 said.

World Bank to provide $400 million to Ethiopia

October 14, 2020October 14, 2020NBE

The World Bank today inked an agreement with the Ministry of Finance of Ethiopia to provide $400 million for the east African country for it urban programs.

World Bank grants $80 million to Ethiopia

September 27, 2020September 27, 2020NBE

The World Bank has signed an agreement this week with the Government of Ethiopia to grant the Eastern African country $80 million.

World Bank grants $80 million to Ethiopia supporting agriculture

September 16, 2020NBE

The World Bank Group’s Board of Executive Directors today approved a $80 million grant from the International Development Association to support the government Ethiopia to boost agricultural productivity and enhance market access for smallholder farmers.

Word Bank provides $82 million to Ethiopia

April 3, 2020April 3, 2020

The World Bank provides $82 million assistance to the Government of Ethiopia for the fight against the spread of coronavirus (COVID-19) pandemic.

World Bank provides $500 million to Ethiopia

March 21, 2020March 21, 2020

The Government of Ethiopia secured $500 million grant and loan from the World Bank. The World Bank’s Board of Executive Directors on Thursday approved the finance of which $250 million is grant, while $250 million is credit) from the International Development Association (IDA).

Sanitation lesson for Ethiopia from India

January 30, 2020January 30, 2020newbusinessethiopianews

BY MEKONNEN TESHOME TOLLERA – About a year ago a report by the African development bank rated Ethiopia among the worst country in Africa in access to sanitation even worse than its neighboring South Sudan which has been in civil war for the past several years.