The World Bank has signed an agreement this week with the Government of Ethiopia to grant the Eastern African country $80 million. Ahmed Shide, Minister, Ministry of Finance and Mr. Ousmane Dione, The World Bank Country Director for Ethiopia, Eritrea, Sudan and South Sudan, on behalf of the Ethiopian Government and the World Bank respectively. At the signing ceremony H.E Ahmed Shide stated that, The World Bank has played an indispensable role in reducing poverty and improving the living standard of Ethiopians. He also added that, The Bank supporting agricultural productivity increasing, enhancing market performance and facilitating value addition, commercialization of smallholder farmer’s projects. Mr. Ousmane, The World Bank Country Director for Ethiopia, Eritrea, Sudan and South Sudan, on his part said that, World Bank likes & believes to support agricultural development of the Country to enable create job opportunity, income generation, build value chain as the drivers of development.

Source: News Business Ethiopia September 24, 2020 07:18 UTC