Ethiopian President Sahle-Work Zewde met with African Development Bank (AfDB) President Dr Akinwumi A. Adesina while on a working visit to Côte d’Ivoire. Describing the African Development Bank as Ethiopia’s development partner of choice, President Zewde commended the Bank for its longstanding support and its role in Ethiopia’s development. She thanked Dr. Adesina for his assurance that the African Development Bank would be supporting the country in its continued quest for development as things returned to normal. In July 2020, the African Development Bank Group provided a $165 million African Development Fund grant to support Ethiopia’s Covid-19 response. The African Development Bank’s portfolio in Ethiopia includes 20 projects with a value of about $1.6 billion across several sectors, including transport, energy, water and sanitation.

Source: News Business Ethiopia December 18, 2021 04:39 UTC