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Dashen Bank deals with International Finance Corporation


Dashen Bank deals with International Finance Corporation

Dashen Bank has signed a partnership agreement with International Finance Corporation (IFC) to increase access to finance for small and medium-sized businesses (SMEs). The collaboration will focus particularly on women-led agribusinesses. Under the agreement, Dashen Bank will extend up to 20 million dollars in loans to eligible MSMEs, while IFC will provide a 10 million dollars risk-sharing guarantee, covering 50pc of the loan risk. In the 2025 fiscal year, IFC also invested 605 million dollars across the manufacturing, agribusiness, and telecommunications sectors, underscoring its commitment to supporting private-sector growth in the country.

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Parliament Receives $237m Development Loan Package

The Council of Ministers forwarded two concessional loan agreements totalling 237.3 million dollars to Parliament for ratification, targeting rural infrastructure and food security. The package includes 46.3 million dollars from the African Development Bank (AfDB) for climate-resilient infrastructure in pastoralist regions. A second credit facility of 191 million dollars (146.1 million SDR) from the International Development Association (IDA) is earmarked for the sixth phase of the Productive Sa...


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MoTRI to Overhaul Consumer Protection Rules Following Cabinet Approval of Trade Policy

The Council of Ministers, led by Prime Minister Abiy Ahmed (PhD), approved Ethiopia's first unified trade policy last week, ending a three-year deliberation period to fill a decades-long regulatory vacuum,. This institutional milestone mandates the Ministry of Trade & Regional Integration (MoTRI) to overhaul consumer protection frameworks, specifically requiring a rigorous revision of the Trade Competition and Consumer Protection Proclamation to eliminate market distortions and the prolifera...


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Regional Power Exports Yield $366m as Capacity Hits 9.6GW

Ethiopian Electric Power (EEP) generated 365.99 million dollars from regional exports in the first nine months of the fiscal year as national capacity reached 9,579MW. The revenue followed the sale of 24,940GWh, representing 91pc of gross generation. Hydropower remains dominant, providing 9,500MW. To diversify assets and mitigate climate risks, the utility integrated the 100MW Asela Wind Power Project. The transmission network has expanded to 148,600km to secure domestic industrial supply and...