Ethiopia and Khalifa Fund for Enterprise Development (KFED) have signed a 100 million loan agreement.
The agreement was signed here today by Ahmed Shide, Ethiopia’s Minister of Finance and Hussain Jasem Al Nowais, Chairman of KFED.
Ahmed Shide said the loan will be used for the implementation of homegrown economic reforms, to encourage innovation and assist small and medium enterprises (SMEs), among others.
Ethiopia,UAE Sign $100m Loan Agreement
The agreement signed today affirms the strengthening of trade, investment and development cooperation between the two countries.
Ethiopia and the World Bank signed Financing Agreements amounting to 350 million USD at a ceremony held today (June 3) at the Ministry of Finance (MoF) in Addis Ababa. The bank approved 280 Million USD in the form of concessional credit and 70 million USD in the form of a…
Ethiopia and Germany today signed a budgetary support grant agreement amounting to €100 million. The agreement was signed by Ahmed Shide, Ethiopia’s Minister of Finance and Stephan Auer, Germany Ambassador to Ethiopia. according to Ethiopia state media Fana, The grant will be used to support the implementation of the national…
Addis Ababa, June 15, 2018 (FBC) –Ethiopia and the United Arab Emirates (UAE) today signed a 3 billion US dollars loan and investment agreements, including a one billion foreign currency support. Accordingly, the UAE will deposit 1 billion US dollars in the National Bank of Ethiopia to alleviate foreign currency…
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