Ethiopia and the World Bank Group’s today signed $82.6 million financing agreement ($41.3m grant & $41.3 million credit) to help the country mitigate the effects of the COVID-19 pandemic. The agreement was signed by Ahmed Shide, Minister of Finance and Ms. Carolyn Turk, the World Bank Country Director for Ethiopia, Eritrea, Sudan and South Sudan. […]
Ethiopia today celebrated the 9th year of the start of construction of the Grand Ethiopian Renaissance Dam (GERD) with a panel discussion. Speaking on the occasion, Dr Sileshi Bekele, Minister of Water, Irrigation and Energy said any external pressures and challenges from inside couldn’t deter the progress of the project. The dam will start holding […]
The Minister of the Foreign Affairs of Ethiopia, Gedu Andargachew today held a phone conversation with Rasmus Prehn, the Minister for Development Cooperation of Denmark about ongoing efforts exerted to ward off the spread of COVID-19. Gedu briefed the Danish Minister about the efforts undertaken by the Ethiopian Government in fighting the spread of COVID […]
Ethiopia and South Korea have signed two concessional loan agreements amounting $93 million today. The loan would be used to finance the Addis Ababa Bus Rapid Transit (BRT) and land information management system (LIMS). Of the total, $63 million will be channeled for the BRT project. The BRT corridor will have five essential services out […]
Prime Minister Dr Abiy Ahmed said the country will begin filling the Grand Ethiopian Renaissance Dam (GERD) reservoir in the upcoming rainy season. He made the remake following the 9th year anniversary of the commencement of the dam. “We will start filling the dam in the next rain season,” he said. Financing the project with […]
Prime Minister Dr Abiy Ahmed held phone conversation with South Africa’s President Cyril Ramaphosa. The discussion focused on the need for collective leadership to overcome the impact of coronavirus (COVID19) together, according to a twitter post by the Prime Minister “We agreed that withstanding the economic damages that the pandemic introduces requires the support of […]
Prime Minister Abiy Ahmed held a virtual conference today with the sub-committee heads of the high-level National COVID-19 Ministerial Committee to assess activity performance and determine if additional assignments are required. According to the Office of the Prime Minister, COVID-19 prevention and containment efforts have progressed with incremental actions through each of the sub-committees. However, based on […]
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Prime Minister Dr Abiy Ahmed held phone talks with Josep Borrell Fontelles, High Representative of the EU for Foreign Affairs and Security Policy/Vice-President of EU Commission. The Prime Minister said on Twitter that they discussed challenges faced due to coronavirus (COVID-19).
Prime Minister Dr Abiy Ahmed held phone talks with South Korean President Moon Jae-in on ways to induce international support for Africa’s fight against coronavirus (COVID-19). In a 17-minute conversation, Dr Abiy pointed out that responding to COVID-19 has emerged as one of the biggest problems in Africa and the continent needs to learn from […]