Development Bank of Ethiopia registers a record profit of Birr 1.13 billion
ADDIS ABABA (DBE) – Development Bank of Ethiopia (DBE) has registered outstanding net profit in the fiscal year 2019/20. Its total income generated is Birr […]
Search Results for Development Bank of Ethiopia
International staff of the African Development Bank Group to leave Ethiopia amid significant diplomatic incident
The African Development Bank (AfDB) has decided to withdraw all its international staff from Ethiopia immediately. The office will remain open under an Officer-in-Charge. These […]
African Development Bank approves $ 104 million in funding to improve power supply in eastern Ethiopia
The funding from the African Development Fund and Korea’s Economic Development Cooperation Fund will contribute to improving the power grid in eastern Ethiopia, benefiting communities […]
Ethiopia and African Development Bank Group ink $84.3 million grant agreement to enhance wheat production
The African Development Bank Group has awarded grant funding totaling $84.3 million to Ethiopia to advance wheat production and increase farmers’ incomes. Ethiopia’s Finance Minister […]
African Development Bank’s new 2023-2027 strategy to help spur Ethiopia’s economic transformation
The key objective of the Country Strategy Paper 2023-2027 is to support Ethiopia in expanding inclusive and sustainable growth through agro-industrialization On 17 November 2022, […]
Ethiopia and the African Development Bank signed grant agreements amounting to a total of 44.4 million USD
ADDIS ABABA – The Ministry of Finance of the Federal Democratic Republic of Ethiopia and Abidjan-based African Development Bank (AfDB) signed two financing agreements amounting […]
The African Development Bank gives $1.2 million for Ethiopia-Sudan railway study
The two-year, comprehensive feasibility study will assess the proposed Ethiopia-Sudan railway project’s technical, economic, environmental and social viability ABIDJAN (APO Group/ AfDB) – The African […]
FDRE Land Bank and Development Corporation signs MoU with Association of Ethiopian Architects
The agreement between the Land Bank and Development Corporation and the Association of Ethiopian Architects marks the beginning of collaborative partnerships set to play a […]
African Development Bank Group approves US$123 million grant for Ethiopia’s Basic Services Transformation Program
The Basic Services Transformation Program Supplementary Financing was developed jointly by the African Development Fund and the Government of Ethiopia, in close consultation with key […]
African Development Bank Approves $97.79 Million for Financing Energy Transmission and Distribution Upgrade in Ethiopia
The African Development Bank (AfDB) Board of Directors approved on 22nd November 2017 a US $83.64-million African Development Fund (ADF) loan and US $14.15-million ADF […]