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Ministry of Innovation and Technology to implement USD 200 million digital project

Ministry of Innovation and Technology to implement USD 200 million digital project

Mar 2, 2021 | 0

The Ministry of Innovation and Technology (MiNT) finalized its preparations to implement an Ethiopian digital foundation project worth USD 200 million. It aims to boost Ethiopia’s competitiveness in the digital sector through increased inclusion and affordability of digital services and digital job creation.

The World Bank has already given a green light and is expected to wholly finance the project, while the Ministry has met the preconditions needed during the implementation period.

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IFC invests 50ml Eur in Habesha Breweries for local sourcing

IFC invests 50ml Eur in Habesha Breweries for local sourcing

Jan 9, 2020 | 0

The International Finance Corporation (IFC) announced an investment of up to € 50 million in Habesha Breweries S.C. in a press release earlier this week. The sizeable loan from IFC – a member of the World Bank Group – is intended to help the expansion of Habesha Breweries operations, create 500 jobs and increase local barley sourcing from smallholder farms.

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Date: Jul 26, 2024
Currency (Code) Buying Rate Selling Rate
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