
Ethiopia: Parliament Approves $250 Million Loan Deal With Chinese Bank for Infrastructure Projects
Addis Ababa — Ethiopia's parliament on Tuesday approved a USD 250 million loan agreement made with China's Export-Import (Exim) Bank to finance major infrastructure construction in the country.
The loan agreement, already approved by the Ethiopian House of Peoples' Representatives, the lower house, would finance supply and construction of 400-kv power transmission projects of Genale Dawa III-Yirgalem II-Wolayita Sodo II-Hawassa II.... Read more »
Posted on : Thursday , 9th February 2017