World Bank donates more than USD 900 million to Ethiopia
The funding is going to be used to finance three different types of projects.
IWMI report suggests Ethiopia’s agricultural sector can benefit from minimal level of enhanced management
According to the World Bank a 1 percent increase in agricultural output would reduce poverty by 0.9 percent in Ethiopia.
World Bank opposes Ethiopia’s telecom regulations; say the government should relinquish monopoly on services
The National Bank of Ethiopia has issues a directive that prohibits foreign companies from providing digital banking services; meanwhile Ethio Telecom is in the process of finalizing its own digital…
Research and data developments vital for Ethiopia’s growth say experts
Initiatives like the SGCI and the entrance of companies like wingu.africa and others into the Ethiopian market are expected to have positive effects on data development.
Ethiopia undertaking several road projects to connect with other East African countries
The Ethiopian Roads Authority has recently approved 8 road projects with an estimated cost of 456 million USD.
Groupe Soufflet begins operations in Debre Berhan Industrial Park
Ethiopia currently only produces half of the 50,000 tons of malt barley the country needs.