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World Bank

By Asress Adimi Gikay @RealAsressGikay Addis Abeba, June 9, 2021 – The Ethiopian Parliament enacted a modern law governing security rights in movable assets in 2019. The Movable Property Security Rights Proclamation was drafted with the assistance of the International Finance Corporation (IFC). Enacted in response to the dire need …

Etenesh Abera Addis Abeba, March 24/2020 – The office of Prime Minister Abiy Ahmed proposed a US$150 billion emergency financing package for Africa to combat the spread of COVID-19 as Ethiopia confirmed 12th patient who tested positive for the virus. In a statement released this morning, PM Abiy forwarded three …

Mahlet Fasil Addis Abeba, March 03/2020 – In a direct rebuttal to a statement released by the US government over the weekend warning Ethiopia not to begin filling, Ethiopia said it will go ahead and begin the first phase of the filling of the reservoir at the Great Ethiopian Renaissance …