H.E. Ato Ahmed Shide, Finance Minister of Ethiopia, later today received the World Bank Group President, Mr. Ajay Banga who pays an official visit to Ethiopia, his first stop in Africa since he officially took office on June 2, 2023.
The Ministry of Finance and the World Bank virtually signed a Financing Agreement amounting to a total of US$ 400 million (approximately ETB 21.8 Billion) of which US$ 350 Million is in the form of grant and USD 50 Million in the form of credit.
July 14, 2023 - The Federal Democratic Republic of Ethiopia and the Federal Republic of Germany signed 25 million Euros(approximately 1.5 billion Birr) Grant Agreement at a ceremony held in Ministry of Finance.
H.E. Semereta Sewasew, State Minister of Finance and H.E. Ms. Liesje Schreinemacher, Netherland’s Minister for Development Cooperation and Trade visited the Livelihood Improvement for Women and Youth (LIWAY) program, which is supported mainly by the Netherland government, aiming to create employment opportunities for women and young people in Addis Ababa.
June 5, 2023 - A Forum on Blended Finance in Catalyzing Private capital for Ethiopia has been conducted in collaboration with Ministry of Finance, Canada Embassy and Convergence Blended Global Finance in Addis Ababa Hilton.
May 22, 2023 - The Minister of Finance, H.E. Ahmed Shide is in Egypt to participate in the Annual Meetings of the African Development Bank Group under the theme "Mobilizing Private Sector Financing for Climate and Green Growth in Africa".
State Minister Dr. Eyob Tekalign met with Mr Jerome Henique, CEO of Orange Middle East and Africa. The parties discussed the investment opportunities in the telecom sector and how to work together.
May 8, 2023 - The Federal Democratic Republic of Ethiopia and the International Fund for Agricultural Development (IFAD) signed a grant agreement amountingto 106.4 Million USD (Approximately ETB 5.78 Billion) at a ceremony held in the Addis Ababa Hilton.
