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Ahmed Shide

Netherlands finances Kunzila ILMWA project

Ethiopia, the Netherlands sign €15.96 million financing agreement for Kunzila ILMWA project

July 25, 2020 Semonegna 0

ADDIS ABABA – A grant agreement amounting to 15.96 million Euro (equivalent 645.26 million ETB) was signed on 23rd July 2020, between the Federal Democratic […]

Addis Ababa National Palace

France provides a 12 million euros grant for the restoration and public opening of Addis Ababa National Palace, through the French Development Agency (AFD)

July 17, 2020 Semonegna 1

The French Development Agency (AFD) has provided a 12 million euros financing to support the first phase of the restoration and public opening of Addis […]

TDB supports Ethiopian healthcare workers

TDB donates $100,000 in Made-in-Ethiopia masks to Ethiopian healthcare workers to fight COVID-19

July 13, 2020 Semonegna 1

ADDIS ABABA (TDB) – As part of TDB’s Covid-19 Emergency Response Program (CERP), the Eastern and Southern African Trade and Development Bank (TDB) has donated […]

Bolloré and CLS Logistics Services

French company Bolloré and Addis Ababa-based CLS Logistics Services PLC create joint venture

March 25, 2020 Semonegna 0

ADDIS ABABA – Bolloré Transport & Logistics signed with CLS Logistics Services, its partner for over 11 years, a Memorandum of Understanding to create a […]

ACWA Power solar energy development in Ethiopia

ACWA Power to drive solar energy development in Ethiopia

December 24, 2019 Semonegna 0

While these solar energy development projects will be ACWA Power’s first venture in Ethiopia, the company already operates in Africa with solar and wind assets […]

Ethiopia-Djibouti Road Transport Corridor Project

Ethiopia gets $98 million to finance phase one of the Ethiopia–Djibouti Road Transport Corridor Project

August 6, 2019 Semonegna 1

ADDIS ABABA (AfDB) – The government of Ethiopia and the African Development Bank Group (AfDB) have signed a $98 million grant agreement from the African […]

Ireland to support National Electoral Board of Ethiopia on upcoming election

Ireland, UNDP sign financing agreement to support Ethiopia’s upcoming election

July 5, 2019 Semonegna 0

ADDIS ABABA (UNDP Ethiopia) – The Government of Ireland signed a Euro 700,000 financing agreement with UNDP, on 4th July 2019, to support Ethiopia’s upcoming […]

Queen Máxima

Queen Máxima of the Netherlands visits Ethiopia to promote access to financial services

May 15, 2019 Semonegna 1

ADDIS ABABA– Her Majesty Queen Máxima visited the Federal Democratic Republic of Ethiopia from the evening of Monday 13 to Wednesday 15 May in her […]

National Bank of Ethiopia, IFC sign agreement to support private sector

January 5, 2019 Semonegna 0

IFC CEO Philippe Le Houérou also met with key government officials and private sector leaders in Addis Ababa and visited private companies and industrial parks. […]

RLLP

Ethiopia, World Bank sign $100mln financing for Ethiopia’s Resilient Landscapes and Livelihoods Project (RLLP) support

December 7, 2018 Semonegna 0

In 2018 alone, the Bank has provided a total of US$ 3.1 billion financial supports (in the form of loan, donations, etc.) to Ethiopia, including […]

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