March 10, 2021
Ethiopia: Ethiopia - African Development Bank Approves $2.33 Million Grant to Support the Modernization of Electronic Payments Infrastructure
The Board of Directors of the African Development Bank has approved a grant of $2.33 million to EthSwitch Share Company, an initiative led by National Bank of Ethiopia, for the… Read more »
July 03, 2020
Africa: African Development Fund Approves $165 Million Grant for National COVID-19 Emergency Response
The Board of Directors of the African Development Fund (ADF) on 3 July approved a grant of $165.08 million to support Ethiopia's response to the health and economic impacts of the… Read more »
June 29, 2020
Ethiopia: "One" Wash Program Improves Well-Being of Vulnerable Communities in Ethiopia
Ethiopia's 'One' model, under which the government runs its Water, Sanitation and Hygiene ( WASH ) National Program, has steadily improved the well-being of the country's rural and… Read more »
June 10, 2020
Sudan: The African Development Bank Gives $1.2 Million for Ethiopia-Sudan Railway Study
The African Development Bank's Board of Directors has approved a $1.2 million grant to Ethiopia's government to finance a feasibility study into a standard-gauge railway (SGR) link… Read more »
June 08, 2020
Ethiopia: African Development Bank-Funded Water and Sanitation Program Helping Ethiopia Fight COVID-19
Villagers fill water containers at a waterpoint in Rob Gebeye village square, Wuchale District, Ethiopia. Read more »
May 08, 2020
Ethiopia: African Development Bank Welcomes $10 Million Clean Technology Fund Investment to Diversify Ethiopia's Energy Mix
The African Development Bank has welcomed a decision by the Trust Fund Committee of the Clean Technology Fund (CTF), one of two funds within the Climate Investment Funds (CIF), to… Read more »
April 30, 2020
Africa: African Development Bank Helps Ethiopia Work Towards Wheat Self-Sufficiency
The country is already a top African wheat producer, but there is potential for growth. Read more »
March 26, 2020
Ethiopia: African Development Bank-Funded Water Project Spurs Youth Entrepreneurship, Transforms "One Life At a Time."
In a single day last July, Ethiopians turned out in huge numbers to plant more than 350 million trees in what was thought to be the largest tree-planting event in history. Read more »
October 11, 2019
Ethiopia: 2019 Nobel Peace Prize Winner - Abiy Ahmed Ali, Prime Minister of Ethiopia
'I am delighted and proud that Prime Minister Abiy Ahmed has been awarded the Nobel Peace Prize. Read more »
August 06, 2019
Djibouti: African Development Bank and Ethiopia Sign Agreement for First Phase of Ethiopia-Djibouti Transport Corridor
The government of Ethiopia and the African Development Bank Group have signed a $98 million grant agreement from the African Development Fund (ADF) to help finance phase one of the… Read more »
May 21, 2019
Ethiopia: African Development Bank's Sustainable Energy Fund Approves Grant to Spur Renewable Investments
The Sustainable Energy Fund for Africa (SEFA), managed by the African Development Bank on 17 May 2019 approved a $995,000 grant to support the roll out of a sustainable procurement… Read more »
May 06, 2019
Ethiopia: Ethiopia Reaps Rewards of Tax Policy Reform, According to Research From the African Development Bank
Revenue collection in Ethiopia has increased significantly after the government implemented tax reforms to boost resources. Read more »
February 20, 2019
Africa: African Development Bank Starts Electricity Cooperative Feasibility Studies in Nigeria and Ethiopia
The African Development Bank has kicked off a feasibility study to explore the potential of electricity cooperative business models in Nigeria and Ethiopia. The effort is part of… Read more »
February 18, 2019
Africa: African Union - African Development Bank, High Level Consultative Meeting Addis Ababa, Ethiopia
The leadership teams of the African Union (AU) Commission and the African Development Bank (AfDB), led by Chairperson of the AU Commission, Moussa Faki Mahamat, and the President… Read more »
November 19, 2018
Africa: African Development Bank Group Approves U.S.$123 Million Grant for Ethiopia's Basic Services Transformation Programme
The Board of Directors of the African Development Fund (ADF), the concessional window of the African Development Bank Group, has approved additional resources to Ethiopia's Basic… Read more »
October 04, 2018
Ethiopia: Ethiopian President Opens African Statisticians Meeting
Ethiopian President Dr. Mulatu Teshome, officially opened the sixth meeting of the Statistical Commission for Africa and the 13th Africa Symposium on Statistical Development… Read more »
May 07, 2018
Africa: Accelerating Agri-Business Development in Ethiopia With the Agriculture Fast Track Fund
The African Development Bank has signed two grant agreements to finance agri-business development projects through the Agriculture Fast Track Fund. Read more »
January 27, 2018
Africa: President Adesina to Participate in the 30th AU Summit in Addis Ababa
Summit to focus on winning the war against corruption Read more »
January 26, 2018
Africa: African Economic Outlook 2018 Presented to African Union Summit Delegates in Addis Ababa
- Calls for massive investment in infrastructure to drive inclusive growth in Africa - Continent still experiencing jobless growth despite increased GDP - AUC endorses report,… Read more »
December 15, 2017
Ethiopia: African Development Bank Strengthens Ethiopia's Debt Management Capacity
The African Development Bank conducted the first of a series of capacity development sessions on debt management for Ethiopia from December 4-8, 2017 in Addis Ababa. Read more »
December 05, 2017
Africa: Launch of UNDP Study On Income Inequality Trends in Sub-Saharan Africa
The United Nations Development Programme launched its Income Inequality Trends in Sub-Saharan Africa report on Monday during the African Economic Conference in Addis Ababa,… Read more »
Africa: Agricultural Growth Should Drive Structural Transformation, Says Expert
Unless there a good focus on agricultural and economic transformation, efforts at structural transformation of African countries won't amount to much, says Neway Gebreab, former… Read more »
December 04, 2017
Ethiopia: Interview With Dr. Abdul Kamara, Country Manager, Ethiopia Country Office, African Development Bank
Dr. Abdul Kamara has held several economic research and managerial positions at the African Development Bank. He served as the Bank’s Resident Representative in Sudan and is… Read more »
December 01, 2017
Africa: Experts, Policy-Makers Meet to Scale Up Governance
Although Africa has registered strong economic growth in recent years, this growth is not inclusive. Poverty and inequality prevail. Read more »
November 24, 2017
Africa: AfDB Approves U.S. $97.79 Million for Financing Energy Transmission and Distribution Upgrade in Ethiopia
The African Development Bank (AfDB) Board of Directors approved on Wednesday, November 22 a US $83.64-million African Development Fund (ADF) loan and US $14.15-million ADF grant to… Read more »