Finland Endows Ethiopia with 60m

Oct 19 , 2019


The government of Finland has endowed Ethiopia with 60 million euros in financial support to promote the government's effort toward development projects. The financing was announced when President Sahle-Work Zewdie welcomed the Finnish President Sauli Niinisto at the National Palace on October 15, 2019. Ville Skinnari, Finnish Minister for Development Cooperation and Foreign Trade, and Ethiopian Finance Minister Ahmed Shide signed the agreement. The endowment addresses development projects on education, rural development, and its Water, Sanitation & Hygiene Programme (WASH). The two presidents also discussed a wide range of bilateral, regional and multilateral issues of common concern and agreed to enhance trade and investment. Sauli Niinisto also met Prime Minister Abiy Ahmed (PhD).


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