world Bank Archives - Ethio Negari

18 Jun

Ethiopia, World Bank Sign $195mln Grant Agreement

ethionegari@gmail.com0 CommentsNewsAddisAbaba, EthioNegari, Ethiopia, world Bank

Finance Ministry and World Bank on Friday signed a grant agreement amounting to 195 million US Dollars which will finance Ethiopia’s fight against the COVID-19 epidemic. The agreement was signed between Fiance Minister Ahmed Shide and Ousmane Dione, World Bank’s country director for Ethiopia, a week after the bank’s executives approved the grant. The finance primarily will help Ethiopia’s vaccine acquisition and their effective deployment in rural and vulnerable groups of the country. The Finance Ministry said the fund will support various activities in Ethiopia’s COVID-19 Emergency Response Project under the COVID-19 Strategic Preparedness and Response Plan. These activities are…

World Bank Grants $195mln to Ethiopia’s Push to Scale Up Covid Vaccination

ethionegari@gmail.com0 CommentsNewsADDIS ABABA, COVID, EthioNegari, Ethiopia, world Bank

The finance, approved last week, will support Ethiopia’s efforts to scale up the availability and deployment of COVID-19 vaccines nationwide with particular emphasis on reaching rural areas and vulnerable communities, the Bank said. Furthermore, it will support the rehabilitation of public health facilities damaged by the conflict in different parts of the country. “This timely financing will bring sustainable support to Ethiopia’s overburdened health system,” said Ousmane Dione, World Bank Country Director for Eritrea, Ethiopia. The fund will also “help reduce the spread and impact of COVID-19 by scaling up vaccine roll-outs throughout the country with the goal of doubling…

Ethiopia, World Bank Sign $300 Million Financing Deal

ethionegari@gmail.com0 CommentsBusinessAhmed Shide, world Bank

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…