Ahmed Shide

Ethiopia, World Bank Sign $300 Million Financing Deal

Ethiopia, World Bank Sign $300 Million Financing Deal

Ethiopia and the World Bank signed a grant agreement amounting to $300 million that supports of the reconstruction and recovery of conflict-hit communities in the East African nation. The agreement was signed between Finance Minister Ahmed Shide and the Bank’s country director Ousmane Dione in Addis Ababa on Monday. The singing took place a month after the World Bank approved the $300 million grant to support the recovery of conflict-Affected communities in Ethiopia. The grant will particularly finance a Response-Recovery-Resilience for Conflict-Affected Communities in Ethiopia Project. The project, which targets more than five million people, will prioritizes support to selected woredas of…
Read More