Category: Business

Council of Ministers Approves 1.5 Bln USD Agreement with IDA

Addis Ababa: The Council of Ministers, in its 38th regular session today, approved the 1.5 billion USD financial agreement with the International Development Association (IDA).

The agreement consists of a 1 billion USD grant and 500 million loan from…

Cuba Seeks to Deepen Ties with Ethiopia, Praises Economic Progress

Cuba’s Deputy Minister of Foreign Affairs, Elio E. Rodriguez Perdomo, emphasized the historical bonds between Cuba and Ethiopia while expressing admiration for Ethiopia’s economic strides and outlining plans for enhanced cooperation.

In an exclusive …