The World Bank has granted a 24-million USD support for Addis Ababa and Haremaya universities to enable them establish centers of excellence. Both universities were selected to be East and South African centers of excellence having competed with other African universities. Hence, Addis Ababa University (AAU) would open three and Haremaya University (HU) one center of excellence. The World Bank provided six million USD for the establishment of each center. The MoU was signed by European Union Ambassador to Ethiopia Chantal Hebberecht and Addis Ababa University President Professor Admasu Tsegaye.

Source: Ethiopian News January 18, 2017 13:12 UTC