@addisstandardeng · Post #21307 · 04.02.2026 г., 12:55
News: #Ethiopia, #European Investment Bank sign €110 million loan to support rural finance, development The Government of Ethiopia and the European Investment Bank (#EIB) have signed a €110 million loan agreement to support the implementation of the Rural Finance and Development Project, aimed at expanding access to finance for micro-enterprises and small businesses across the country. The agreement was signed on Monday by Minister of Finance Ahmed Shide and Diederick Zambon, Head of Division for Public Sector at the EIB. According to the Ministry of Finance, the project seeks to promote sustainable agricultural and economic practices by improving access to financial services, particularly in rural areas. The Development Bank of Ethiopia will channel the funds to rural financial institutions, including microfinance institutions and cooperatives. The project is co-financed by the... https://www.facebook.com/AddisstandardEng/posts/pfbid02RQCZ4fGrkSWhJ5YqhBxhbrFwUTy28vSuwRaiWyAysDNh2DqpfTJgdTin6pWZj9k2l