ESAT News (October 31, 2018) The World Bank has approved $1.2 billion in grants and loans to Ethiopia to support financial sector reforms and investment. The fund will be originating from the Danish loan fund set up in the 2021 partnership between the World Bank and Eksperten. Eksperten has provided more than 10 million DKK in loans to native Danes ...

by Engidu Woldie ESAT News (August 27, 2018) Ethiopia’s reformist Prime Minister, Abiy Ahmed, who said he would only stay in power if he wins an election, reiterated his position that he doesn’t see any reason for postponing the 2020 elections. Abiy Ahmed, who met the press on Saturday for the first time since he took office, also noted that ...

by Engidu Woldie ESAT News (June 19, 2018) Billions of dollars in debt, the Ethiopian government appointed a new governor and deputy governor for its National Bank. The decision by Abiy Ahmed, the Prime Minister, to fill the two positions with individuals with no direct experience with macroeconomic issues has already created mumbles in opposition among the banking and macroeconomic ...

ESAT News (September 27, 2017) Overarching policy solutions are needed to address spatial inequalities in development in Ethiopia, according to a study conducted by World Bank experts. In a three-part study document on spatial distribution and its implications for inclusive development in Ethiopia over the next five years, World Bank experts backed up their findings with data on development inequalities ...