The World Bank has approved $1.5 billion financing for Ethiopia, a few days after the Horn of Africa nation devalued its currency, birr and promised additional funding over the next three years. In a statement on Tuesday (30.07.24), the Bretton Woods institution said it had approved Ethiopia’s first sustainable and inclusive growth policy operation to…...
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World Bank approves $1.5 billion in financing for Ethiopia
Prime minister Abiy Ahmed
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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