The government of Ethiopia has secured a loan and grant agreement from the government of Italy worth close to 28.7 million euros. Out of the total funding, 12.7 million euros is a grant, while the remaining 16 million euros is a loan. Agro-industrial development, strengthening the health system with special attention to issues concerning gender and nutrition, urban natural resources management, and education and job creation are the five implementing agreements of the funds. Admassu Nebebe, state minister for Finance, and Arturo Luzzi, the ambassador of Italy to Ethiopia, signed the agreement on March 5, 2020. Out of the funds, the Sustainable Development Goals Performance Fund took 10 million euros, while improvements in skill development and job creation under the TVET programme received five million dollars each. Riverside development projects, development of the Moringa Value Chain in SNNPR and projects to reduce geographical inequalities in four developing regions took the remaining funds.
January 22 , 2022
The relationship between fuel price shocks and politics needs no introduction. As a f...
January 15 , 2022
Foes and friends of Prime Minister Abiy Ahmed (PhD) agree that his administration is...
January 7 , 2022
There has not been much research to put a number on high costs wars inflict on Africa...
January 1 , 2022
It is a norm to emphasise grand structural changes to address the myriad political pr...
November 27 , 2021
Against my will, I have witnessed the most terrible defeat of reason and the most sa...
November 13 , 2021
Plans and reality do not always gel. They rarely do in a fast-moving world. Every act...
October 16 , 2021 . By HAWI DADHI
Residing in a country with no capital market, an organised marketplace for trading se...
August 28 , 2021 . By HAWI DADHI
The streets of Addis Abeba are as varied as they are many, although too many of them have yet to be named. From the narrow alleyways of the...
