Supply, financial challenges fuel delays in Africa’s COVID-19 Vaccine rollout
ADDIS ABABA – A blockage on supplies and financial challenges are delaying Africa’s rollout of COVID-19 vaccines and risk curtailing
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#Finance
Govt Keeps Financial Services Local in New Investment Rules
ADDIS ABEBA – Ethiopia approved new regulations that continue to reserve business opportunities in many sectors, including financial services, for
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Ethiopia Allows Local Telecom Firms to Provide Mobile-Money Services
ADDIS ABABA – The National Bank of Ethiopia announced it will allow locally-owned non-financial institutions to start offering mobile money
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IMF’s Board Approves Landmark $2.9bln Loan for Ethiopia
ADDIS ABEBA – International Monetary Fund or IMF’s board has approved a 2.9 billion US dollar financing package to support
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IMF, Ethiopia Reach Preliminary Deal on US$2.9bln Financing Package
ADDIS ABEBA – International Monetary Fund (IMF) announces today it has reached a staff-level agreement on a US$2.9 billion financing
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Japan Finances Jimma-Chida Road Upgrading Project
ADDIS ABEBA – Ethiopia and the Government of Japan have signed and exchanged notes on Jimma-Chida and Sodo-Sawla Road Upgrading
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U.S. Prepares to Make ‘Multi-billion-dollar Investments in Ethiopia’
ADDIS ABEBA – U.S. development financier the International Development Finance Corporation (DFC) announced its preparing to make multi-billion-dollar investments in
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Ethiopian Lawmakers Approve Loan Deals worth Nearly $1bln
ADDIS ABABA – Ethiopian lawmakers have approved on Tuesday a raft of loan agreements worth 980 million US dollars.
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World Bank, Ethiopia Sign $500mln Grant Deal
ADDIS ABABA – Ethiopia finance ministry has signed a 500 million grant deal with the World Bank on Saturday. Finance
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Falling Fund Forces Govt to Look Inward to Tackle HIV/Aids
By Mhret G/Kirstos ADDIS ABABA – The decrease in external support for Ethiopia’s HIV prevention effort has become a concern
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