U.K. Museum Offers Ethiopia Long-Term Loan of Looted Treasures

The Battle of Maqdala in 1868 was a British military expedition led by Gen. Robert Napier to release British hostages held in what is now Ethiopia by Emperor Tewodros... Read more »

Ethiopia Signs $600M Loan, Grant Deal With World Bank

ADDIS ABABA, ETHIOPIA —  The World Bank agreed on a $600 million loan and grant for Ethiopia on Tuesday to pay for roads and other infrastructure in urban areas.... Read more »

Ethiopia eyes new 83-mln-USD abattoir to augment meat exports – Xinhua

ADDIS ABABA, Dec. 28 (Xinhua) — The Ethiopian House of Peoples’ Representatives on Thursday ratified a 70 million Euro (83 million U.S. dollar) loan deal which will finance the... Read more »

Ethiopia: Parliament Approves $860m Loan Agreements

Parliament has approved the 859.6 million dollar loan agreements the Ministry of Finance & Economic Cooperation (MoFEC) secured to finance road, industrial parks, small business enterprises, and wind power... Read more »

HPR Adopted 6 Loan Agreements

Ethiopia’s lower house, House of Peoples’ Representatives (HPR), adopted 6 loan agreements in its 42nd regular session. The loan agreements were concluded with the International Development Association (IDA), Japan... Read more »

Ethiopia: DBE Unfreezes Commercial Farm Loans – AllAfrica.com

Photo: Andrew Heavens Ryaz Shamji, Managing Director of Golden Rose with farm workers (file photo). By Dawit Endeshaw Loan applications from close to 260 commercial agriculture investors have got... Read more »

Female Entrepreneurs Get a Chance to Pursue Their Dreams – World Bank Group

Zinabua Hailu has a dream. She wants to build a big hotel with “stars” — one that meets international rating standards, the kind of hotel tourists might frequent. It’s not an... Read more »

Commercial Bank of Ethiopia Agrees $300 Million China Loan

(Bloomberg) — The Commercial Bank of Ethiopia signed a memorandum of understanding with the Export-Import Bank of China for a $300 million credit facility, Ethiopia’s state- owned lender said.... Read more »

China gives Ethiopia us$500 million loan

China has lent Ethiopia US$ 500 million that will be used to fund various development projects in the Horn of Africa country. The loan agreement signed with the Chinese... Read more »

Ethiopia Railway finally gets Chinese funding after Indian delay

After several years of actively seeking financial support for the development of a crucial transportation network, the Chinese Government has granted Ethiopia a multi-billion birr loan towards the construction... Read more »