ACWA Power won 250MW World Bank-backed solar projects in Ethiopia
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 […]
World Bank
Five reasons why Ethiopia could be the next global economy to watch
Five reasons why Ethiopia could be the next global economy to watchThis article was first published on the World Economic Forum’s Agenda blog, titled “Ethiopia […]
Homegrown Economic Reform: Ethiopia’s new economic reform blueprint
The Ethiopia government has unveiled an economic reform, named Homegrown Economic Reform, aimed at unlocking the country’s development potential and making the country an African […]
Ethiopia: New World Bank report shows mixed outlook as growth leads to overall poverty reduction
To achieve its economic and social ambitions, including poverty reduction, Ethiopia will require to pursue sound, private sector-led, and export-oriented economic policies ADDIS ABABA (World […]
Improving conditions for solar energy investment in Ethiopia
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 […]
Ethiopia, World Bank sign $100mln financing for Ethiopia’s Resilient Landscapes and Livelihoods Project (RLLP) support
In 2018 alone, the Bank has provided a total of US$ 3.1 billion financial supports (in the form of loan, donations, etc.) to Ethiopia, including […]
World Bank approved $1.2Bn policy operation grant/credit in support Government of Ethiopia’s economic reform
The policy operation will promote public-private partnerships which will not only improve efficiency in key sectors (e.g. telecom, power and trade logistics), but also mobilize […]
World Bank review reveals unchanged quality of policies and institutional performance in Africa
In 2017, the regional CPIA score was 3.1. This average CPIA score for Sub-Saharan Africa remains slightly below the average of 3.2 for other IDA […]
Solar Power generates new possibilities in Ethiopia
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. […]
World Bank Gives $170 Million IDA Credit to Ethiopia to Support Livestock and Fisheries Sectors
WASHINGTON, D.C. (World Bank)–The World Bank today approved an International Development Association (IDA) credit of $170 million to boost the contribution of the livestock and […]