AfDB Steps up Funding to Boost Ethiopia’s Transport Infrastructure
The government of Ethiopia plans to overhaul part of the country’s roads infrastructure following the approval of a financing agreement with the African Development Bank […]
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Germany Unveils Marshall Plan with Africa at the AfDB
Abidjan, Ivory Coast (AfDB Group)–The German Federal Minister for Economic Cooperation and Development, Gerd Müller, has unveiled his Government’s proposed “Marshall Plan” with Africa at […]
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 […]
EVENT ― African Economic Conference 2023 (Addis Ababa, Ethiopia)
Call for Papers for the 2023 African Economic Conference /AEC 2023/ (16-18 Nov. 2023) The deadline for the AEC 2023 CALL FOR PAPERS is extended to 31 August […]
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, […]
African Development Fund approves $13.95 million grant for Borana Resilient Water Development for Improved Livelihoods Program in Ethiopia
The Borana Resilient Water Development for Improved Livelihoods Program will lead to improved health outcomes, nutrition, and food security by enhancing access to climate-resilient, gender-sensitive […]
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 […]
African Development Fund approves $4.3 million grant to fund Ethiopia’s capacity building, boost economic resilience
ABIDJAN (AfDB) – The Board of Directors of the African Development Fund has approved a $4.3 million grant to fund capacity building within Ethiopia’s finance […]