Addis ababa: Ethiopia has signed a $45 million grant agreement with the Green Climate Fund (GCF) to improve access to safe water in its drought-prone regions. The funds will support a project aimed at enhancing water security through renewable energy …
World Bank Reaffirms Support for Ethiopia’s Economic Transformation Efforts
Addis ababa: The World Bank has reiterated its commitment to aiding Ethiopia in establishing a framework for inclusive economic transformation. This pledge was confirmed by World Bank officials during discussions with a high-level Ethiopian delegation…
Ethiopia’s Digital Economy to Contribute 1.3 Trillion Birr to GDP by 2028: GSMA Report
Addis ababa: Ethiopia’s digital economy is poised to make a substantial impact on the nation’s GDP, potentially contributing 1.3 trillion Birr by 2028, as projected in a report by GSMA. The report, launched in partnership with ethio telecom at a stake…
Telecom Liberalization Spurs Cross-Sector Economic Growth, Says Ethiopian Technology Minister
Addis ababa: Ethiopia’s ongoing efforts to liberalize its telecommunications sector are a clear example of how public-private partnerships can drive substantial economic progress across various sectors, according to Yeshurun Alemayehu, the State Minis…
Experts Advance Work on 11th Edition of African Regional Integration Assessment
ADDIS ABABA: The United Nations Economic Commission for Africa (ECA), in collaboration with the African Union Commission (AUC) and the African Development Bank (AfDB), convened a second expert group meeting to evaluate the draft report for the 11th Ed…
China Pledges Robust Support in Ethiopia’s Modernization Efforts
ADDIS ABABA: China has reaffirmed its commitment to bolstering Ethiopia’s modernization efforts, particularly in education and other crucial sectors, as part of a long-standing partnership between the two nations. In a panel discussion held in Addis A…