August 08
Africa: African Development Bank Approves $40 Million Trade Finance Transaction Guarantee Facility to Ethiopia's Dashen Bank
The Board of Directors of the African Development Bank Group has approved a $40 million transaction guarantee facility to support Dashen Bank's trade finance activities in… Read more »
July 23
Ethiopia: Ethiopia - African Development Bank Group Supports Development of National Circular Economy Roadmap
Ethiopia has commenced the process of developing a National Circular Economy Roadmap (NCER), with the support of the African Development Bank. The process officially started on… Read more »
June 12
Ethiopia: African Development Bank Group, Ethiopia Launch $94 Million Project to Boost Climate Resilient Wheat Value Chain Development in Ethiopia
The African Development Bank Group and the government of Ethiopia, in partnership with the Netherlands, fertilizer company OCP-Africa, and the Global Center on Adaptation (GCA),… Read more »
May 22
Ethiopia: Ethiopia - African Development Fund Approves Nearly $43 Million to Boost Access to Finance and Non-Financial Services for Ethiopian Youth and Women-Led Msmes
The Board of Directors of the African Development Fund - the African Development Bank Group's concessional financing window - approved a grant of $42.86 million to Ethiopia on 22… Read more »
Ethiopia: Ethiopia - African Development Bank's Sustainable Energy Fund for Africa to Extend $8 Million for Groundbreaking Mini-Grid Pilot Programme
The African Development Bank Group's Board of Directors has approved $8 million to support the rollout of a pioneering pilot mini-grid programme with potential Africa-wide… Read more »
March 25
Africa: Regional and International Leaders From the Private Sector, Government and Academia Gather in Addis Ababa to Tackle Barriers to Africa's Capability to Manufacture Its Own Medicines and Vaccines
One hundred leaders from the African continent and outside the region, including from the United States and Europe, gathered today in Addis for a two-day conference focused on… Read more »
February 29
Ethiopia: Ethiopia - African Development Fund Grants $46 Million to Improve Access to Water and Sanitation for Pastoral Communities in the Borana Region
The Board of Directors of the African Development Fund in Abidjan on 28 February 2024, donated $46.02 million to Ethiopia to implement Phase 2 of the Borana Resilient Water… Read more »
January 19
Ethiopia: African Development Bank Group and Ethiopia Resolve to Normalize Relations
Following a serious diplomatic incident in which two international staff of the African Development Bank Group based in the Bank's Country Office in Ethiopia were severely… Read more »
December 20, 2023
Ethiopia: African Development Bank Group's International Staff to Leave Ethiopia Over Serious Diplomatic Incident
The African Development Bank has decided to withdraw all its international staff from Ethiopia immediately. The office will remain open under an Officer-in-Charge. Read more »
November 16, 2023
Ethiopia: Statement By the African Development Bank Group Following the Illegal Arrest of Its Staff in Ethiopia
On 31 October 2023, two staff members of the African Development Bank Group based in Addis Ababa were unlawfully arrested, physically assaulted, and detained for many hours by… Read more »
October 30, 2023
Africa: Ethiopia Set to Host the 2023 African Economic Conference
The stage is now set for the 2023 African Economic Conference, jointly organized by the African Development Bank, the Economic Commission for Africa (ECA) and the United Nations… Read more »
September 13, 2023
Africa: Ethiopia - African Development Bank Approves $ 104 Million in Funding to Improve Power Supply in Eastern Ethiopia
The funding from the African Development Fund and Korea's Economic Development Cooperation Fund will contribute to improving the power grid in eastern Ethiopia, benefiting… Read more »
August 16, 2023
Ethiopia: Ethiopia and African Development Bank Group Ink $84.3 Million Grant Agreement to Enhance Wheat Production
The African Development Bank Group has awarded grant funding totalling $84.3 million to Ethiopia to advance wheat production and increase farmers' incomes. Read more »
January 24, 2023
Ethiopia: Whistles and Whips - Technologies for African Agricultural Transformation Program Results in Sounds of Success in Ethiopia's Lowlands
(Korofto, Adama District, Ethiopia) If the shrill sounds of policemen's whistles echoing across Ethiopia's Awash River Valley do not seem out of place, the crack of whips in the… Read more »
December 08, 2022
Ethiopia: Ethiopia - Sustainable Energy Fund for Africa Provides $10 Million Grant to Support Tulu Moye Geothermal Resource Development
The African Development Bank's SEFA is supporting the Tulu Moye Geothermal project in Ethiopia with $10m. Read more »
December 05, 2022
Ethiopia: Ethiopia - African Development Bank's New 2023-2027 Strategy to Help Spur Economic Transformation
The key objective of the Country Strategy Paper 2023-2027 is to support Ethiopia in expanding inclusive and sustainable growth through agro-industrialization Read more »
November 30, 2022
Ethiopia: Ethiopia - African Development Fund Approves $13.95 Million Grant for Borana Resilient Water Development for Improved Livelihoods Program
The African Development Fund is working to improve the livelihoods of pastoralists in Ethiopia's drylands Read more »
November 17, 2022
Africa: Addis Ababa "Beautifying Sheger" River Development Project
Perched more than 2,000 meters above sea level on the high plateaus bordering the Great Rift Valley, Addis Ababa, the capital of Ethiopia, is surrounded by majestic mountains. Read more »
October 10, 2022
East Africa: Delivering Desert to Power in the Horn of Africa - Enhancing Regional Power Trade in Djibouti, Eritrea and Ethiopia
What: The 6thAfrica Energy Market Place (AEMP) Read more »
July 27, 2022
Ethiopia: Ethiopia - African Development Fund Approves $4.3 Million Grant to Fund Capacity Building, Boost Economic Resilience
The Board of Directors of the African Development Fund has approved a $4.3 million grant to fund capacity building within Ethiopia's finance ministry and related government… Read more »
May 27, 2022
Africa: Ethiopia Shares 'Rare' Success Story, Sets Its Sights On Becoming an African Breadbasket
Ethiopia has set its sights on becoming a regional breadbasket, the country's finance minister Semereta Sewasew said on Thursday. Read more »
Ethiopia: Ethiopia - African Development Bank Signs $830,000 Grant Agreement to Improve Climate Resilience for Communities and Ecosystems
The African Development Bank has signed an $830,000 technical assistance grant agreement for Ethiopia. The funds will help mainstream climate risk management, gender and resilience… Read more »
April 08, 2022
Eritrea: African Development Fund Approves $5.5 Million Grant to Fund Phase Two of Flagship Desert to Power Energy Project in Djibouti, Eritrea, Ethiopia and Sudan
The Board of Directors of the African Development Fund has approved a $5.5 million technical assistance grant to kick-start the roll-out of the flagship Desert to Power initiative… Read more »
December 16, 2021
Ethiopia: Ethiopian President Sahle-Work Zewde and African Development Bank Chief Akinwumi Adesina Discuss Ethiopia's Development Priorities
Ethiopian President Sahle-Work Zewde met with African Development Bank President Dr Akinwumi A. Adesina while on a working visit to Côte d'Ivoire. Read more »
October 11, 2021
Ethiopia: At Unga 2021 Ethiopia, African Development Bank, and Others, Reveal Plans to Breathe Life Into Africa's Health Sector
"Africa must not allow itself to be left behind" as it has during past industrial revolutions, Ethiopian President Sahle-Work Zewde told heads of state and international leaders on… Read more »