Business

House Ratifies Loan Agreements, Road Charters

(ENA)  The House of People’s Representatives (HPR) has ratified four loan agreements between Ethiopia and the International Development Association, and endorsed two road charter proclamations, including the African Road Safety Charter and United Nations Convention on Road Traffic today. The approved loan agreements would help the country to execute projects, including financing Ethiopian digital foundation […]

Business

African Dev’t Bank Secures over 170 Mln USD for Decentralized Renewable Energy (DRE) Projects

(ENA) The Board of Green Climate Fund has approved 170.9 million USD for African Development Bank’s Leveraging Energy Access Finance Framework (LEAF) program. LEAF aims to unlock commercial and local-currency financing for decentralized renewable energy (DRE) projects in six program countries: Ghana, Guinea, Ethiopia, Kenya, Nigeria and Tunisia. The Green Climate Fund’s financing is part […]

General

AU-led Process on GERD Right Platform to Reach Amicable Solutions: Nile Riparian Countries

(ENA) Nile riparian countries said the African Union (AU)-led Process on the Grand Ethiopian Renaissance Dam (GERD) negotiations is the right platform to reach amicable solutions, according to Ministry of Foreign Affairs. In its statement the ministry said Deputy Prime Minister and Foreign Minister Demeke Mekonnen met in his office today with ambassadors and diplomats of […]