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Ahmed Shide

Ethiopia and African Development Bank Group

Ethiopia and African Development Bank Group ink $84.3 million grant agreement to enhance wheat production

August 17, 2023 Semonegna 1

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 […]

Japan Ambassador to Ethiopia Ms Takako Ito

Japan extends USD 3.5 million to Ethiopia for food assistance

July 13, 2022 Semonegna 0

On 12 July, an Exchange of Notes for the “Food Assistance Program” was signed between Ms. Takako Ito, Ambassador Extraordinary and Plenipotentiary of Japan to […]

IMF staff team visits Ethiopia to discuss reform plans and economic developments

June 21, 2022 Semonegna 0

The purpose of the IMF staff visit to Ethiopia was to discuss reform plans and economic developments, which could provide important input for a future […]

Luigi Di Maio, Italy’s Minister of Foreign Affairs, paid a visit to Ethiopia

June 15, 2022 Semonegna 0

ADDIS ABABA (Embassy of Italy) – The Italian Minister of Foreign Affairs and International Cooperation, Luigi Di Maio, paid a visit to Ethiopia on Sunday […]

FSD Ethiopia

Ethiopia’s financial sector set for transformation with launch of FSD Ethiopia

June 12, 2022 Semonegna 0

ADDIS ABABA – Newly-established development agency Financial Sector Deepening Ethiopia (FSD Ethiopia) was officially launched at the Hyatt Regency Hotel, Addis Ababa, Ethiopia. With funding […]

ZamZam Bank

ZamZam Bank becomes the first full-fledged interest-free bank in Ethiopia

June 8, 2021 Semonegna 2

ADDIS ABABA (The Ethiopian Herald) – ZamZam Bank, the nation’s first fully-fledged, interest-free bank (IFB) to obtain operating license from the National Bank of Ethiopia […]

Masdar in Ethiopia

Abu Dhabi-based company Masdar commits to support Ethiopia’s solar energy plans

March 18, 2021 Semonegna 1

ABU DHABI (WAM) – Masdar, a renewable energy company based in Abu Dhabi, and the Government of Ethiopia, are exploring the development of solar power […]

IMF reaches staff agreement with Ethiopia on credit facilities

IMF reaches staff-level agreement with Ethiopia on extended credit and fund facilities

February 24, 2021 Semonegna 1

The International Monetary Fund (IMF) reaches a staff-level agreement for the first and second reviews of the extended credit facility and extended fund facility for […]

Expedited humanitarian assistance and recovery efforts in Tigray region

Finance minister outlines the expedited humanitarian assistance and recovery efforts in Tigray region

February 10, 2021 Semonegna 0

ADDIS ABABA (Ministry of Finance) – The FDRE Ministry of Finance, the Federal Government’s central body responsible for general financial management and economic policies in […]

Ethiopia and UN sign UN Sustainable Development Cooperation Framework (2020-2025)

Ethiopia and UN signed the United Nations Sustainable Development Cooperation Framework

September 12, 2020 Semonegna 0

The government of Ethiopia and the United Nations in Ethiopia signed the United Nations Sustainable Development Cooperation Framework (2020-2025) ADDIS ABABA (UN Ethiopia) – The […]

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