Ethiopia, France Ink €20m Grant Agreements

Jul 18 , 2020

Ethiopia and France have signed two grant agreements amounting to 20 million euros for the renovation of the National Palace and assisting the micro, small and medium enterprises (MSME) development programme. The agreement was signed by the Minister of Finance, Ahmed Shide, and Country Director of the French Development Agency, Valerie Tehio, on July 16, 2020. The renovation and opening of the National Palace was initiated on March 12, 2020, and will be financed with 12 million euros from the grant. The remaining eight million euros will go toward assisting the Agricultural Transformation Agency’s micro, small and medium enterprises development programme, a part of the Agriculture Commercialisation Cluster (ACC) scheme. A total of 1.8 million agribusiness farmers and 1,340 agricultural MSMEs are expected to benefit from the programme.



A young deacon baptises an eager crowd at Timket festivities around Janmeda field. Immersion in water represents a rebirth in initiation ceremonies in history. It symbolises the breaking of amniotic fluid (a liquid that surrounds the fetus) during birth, hinting towards a second birth on the planet. Water has had deep sociopolitical significance for Ethiopia as the construction of the Grand Ethiopian Renaissance Dam (GERD) has been proceeding under three Prime Ministers. Exeeding the initial bud...



On a scorching hot afternoon, a pack of stray dogs take shade under a tree on Debrezeit road. A third of Ethiopia's landmass was reported to be covered in trees in the 19th century, deforestation has put that number at around 10pc. Emperor Minelik II was the first leader of Ethiopia to engage in reforestation as he imported the Australian Eucalyptus in 1895. Prime Minister Abiy Ahmed (PhD) also is enamoured by lush greenery to the degree he launched the Green Legacy Initiative three years ago...



A street vendor sells fresh-cut grass around Kera for the holiday season. Most households embellish the holiday atmosphere at home, by spraying 'Qetema' in the house. A green glaze is expanding across the capital, with a new public park being announced every few months. Lemi Park in the recently formed Lemi Kura sub-city is the latest of these projects scheduled for a 10 months construction period. Friendship and Entoto parks, with the Prime Minister Office overseeing the construction, have beco...