Tag Archive | World Bank

Kenya’s Growth Rate for 2015 Predicted at Six Percent

Posted on March 5, 2015. Tags: , , ,

March 5, 2015-The World Bank has forecasted a six percent growth rate for kenya in the coming year, mainly due to falling oil process and bigger infrastructure investments. Bloomberg Business has rated Kenya as one of the world’s fastest growing economies in 2015. Kenya emerged 3rd in the global top 20. World Bank senior economist […]

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Posted in Countries, Economy, Kenya, Politics and Security, Regional Issues0 Comments

Poverty Down in Ethiopia by 33% Since 2000

Posted on January 20, 2015. Tags: , , , ,

Addis Ababa, 20 January 2015 (WIC) - Agricultural growth was the main driver of poverty reduction in Ethiopia since 2000, according to the World Bank Group’s latest Poverty Assessment. Poverty in Ethiopia fell from 44 percent in 2000 to 30 percent in 2011, which translated to a 33 percent reduction in the share of people living […]

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Posted in Economy, Ethiopia, Regional Issues0 Comments

Ethiopia Signs $600 Million Agreement with the World Bank

Posted on November 2, 2014. Tags: , , ,

Addis Ababa, 1 November 2014 (WIC) - Ethiopia signs $600 mln financing agreement with WB extended 600 million US dollars loan for the implementation of the fourth Productive Safety Net Program (PSNP 4). The loan agreement was signed here yesterday by Sufian Ahmed, Minister of Finance and Economic Development, and Guang Zhe Chen, World Bank Country […]

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Posted in Economy, Ethiopia, Regional Issues0 Comments

World Bank Says Ethiopia’s Capacity to Pay Back Loans Growing

Posted on July 20, 2014. Tags: , ,

Addis Ababa, 19 July 2014 (WIC) - The World Bank said that the growing capacity of Ethiopia to pay back loans has helped it secure huge supply of loan. The Debt Sustainability Analysis of the World Bank indicates that the challenge the country faces in securing loan is simple as its debt burden is low. World […]

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Posted in Economy, Ethiopia, Uncategorized0 Comments

Record Funding from World Bank for Ethiopia

Record Funding from World Bank for Ethiopia

Posted on July 7, 2014. Tags: , ,

Addis Ababa, 7 July 2014 (WIC) - The Washington-based World Bank Group this fiscal year has approved and disbursed a historic record high funding to Ethiopia. According to the Reporter, this fiscal year alone the bank has approved 1.6 billion US dollars and disbursed some 1.3 billion for eight projects in the country. The World Bank […]

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Posted in Economy, Ethiopia0 Comments


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  • Check out what the Washington Post forgot to tell you about Ethiopian Satellite Television at http://t.co/9ThoFo2lJv @africamedia_CPJ
    about 18 hours ago