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IFC

Malteries Soufflet in Ethiopia

Soufflet Malt Ethiopia commences malt production in Addis Ababa

July 4, 2021 Semonegna 1

Malteries Soufflet, a subsidiary of the Soufflet Group, is developing the barley-malt sector in Ethiopia to meet the needs of a booming market In May […]

Ethiopia telecom

Why Ethiopia needs to open its telecom market

February 18, 2021 Semonegna 1

Ethiopia is one of the last countries in the world to have retained a state-owned monopoly provider of telecom network and services. By Ousmane Dione […]

Digital Gender-Ethiopia Program to train 250 women developers (PHOTO: Gebeya/IFC)

IFC funds Gebeya Inc. to train 250 women developers in Ethiopia

September 15, 2020 Semonegna 0

Gebeya, Inc. and the International Finance Corporation (IFC) signed a $500,000 advisory services agreement to implement the Digital Gender-Ethiopia Program ADDIS ABABA (Business Wire) – […]

ECX Warehouse Receipt Finance

Ethiopia Commodity Exchange partners with Commercial Bank of Ethiopia and IFC to launch Warehouse Receipt Financing for maize

January 31, 2020 Semonegna 1

ADDIS ABABA (ECX) – The Ethiopia Commodity Exchange (ECX) recently announced a partnership with the Commercial Bank of Ethiopia (CBE) and the International Finance Corporation […]

Habesha Breweries

IFC and FMO partner with Habesha Breweries in Ethiopia to increase local barley sourcing

December 25, 2019 Semonegna 0

ADDIS ABABA (FMO) – IFC, a member of the World Bank Group, and FMO announced, on 24 December 2019, a €50 million loan to Habesha […]

ACWA POWER

ACWA Power won 250MW World Bank-backed solar projects in Ethiopia

September 16, 2019 Semonegna 0

Riyadh-based ACWA Power was one of five companies that submitted proposals for the solar projects, which are parts of World Bank’s Scaling Solar comprehensive package […]

EVENT ― The International Sustainable Industrial Areas Conference

March 9, 2019 Semonegna 1

EVENT: The International Sustainable Industrial Areas Conferences DATE: April 8–10, 2019 VENUE: Addis Ababa, Ethiopia The International Conferences on Sustainable Industrial Areas brings experts from […]

IFC, Tourism Ethiopia agreed to improve competitiveness of Ethiopia’s tourism sector

March 6, 2019 Semonegna 0

ADDIS ABABA (ENA)–The International Finance Corporation (IFC) —a sister organization of the World Bank and member of the World Bank Group—has signed a cooperation agreement […]

Improving conditions for solar energy investment in Ethiopia

February 14, 2019 Semonegna 0

The four solar photovoltaic projects announced by the Ethiopian government are in addition to two Scaling Solar projects which are currently being procured under the […]

Solar Power generates new possibilities in Ethiopia

August 27, 2018 Semonegna 0

Since its launch in Ethiopia in 2015, IFC-World Bank’s Lighting Africa program has enabled more than 1 million people to meet their basic electricity needs. […]

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