THE East African Community (EAC) and the Intergovernmental Authority on Development (IGAD) have joined forces to accelerate regional financial integration through a five-day workshop focused on ...

The East African Community (EAC) and the Intergovernmental Authority on Development (IGAD) have taken a significant step ...

The Government of Ethiopia and the World Bank have signed a Financing Agreement amounting to USD 1 billion under the Second ...

The Kenyan government has announced a new World Bank-funded infrastructure project to install a high-capacity fibre optic cable along the Isiolo–Mandera corridor, aiming to boost digital connectivity ...

The World Bank opens the door to supporting civilian nuclear energy in Africa • Several countries, including Ghana, Nigeria, and Rwanda, plan nuclear projects • Experts warn of debt risks, security ...

Ethiopia said on Friday that it had signed a $1 billion financing agreement with the World Bank to support its economic ...

Ethiopia said on Friday that it had signed a $1 billion financing agreement with the World Bank to support its economic ...

In a region strained by forced displacement, poverty, and limited access to economic opportunities, an innovative initiative is leveraging the synergy between training, entrepreneurship, and support ...

Currently, the World Bank supports over 45 development projects across Ethiopia, with a total budget of 15.57 billion USD, covering a wide range of sectors.

WASHINGTON: – Ethiopia’s financial system is set to receive a transformative boost following the World Bank’s approval of a $700 million credit for the Financial Sector Strengthening Project (FSSP).

Some World Bank staff have criticised an assessment of Ethiopia's finances conducted with the International Monetary Fund, questioning whether the analysis that underpins the country's debt ...

The National Bank of Ethiopia (NBE) disclosed in its latest financial stability report dated November 2024 that the World Bank-backed Financial Sector Strengthening Project (FSSP), which it is ...