World Bank Grants USD 24mln for Two Ethiopian UniversitiesJanuary 16, 2017 - The World Bank has granted a 24 million US dollars support for Addis Ababa and Haremaya universities to help them establish centers of excellence. Both universities were selected to be East and South African centers of excellence after competing with other African universities. Hence, Addis Ababa University (AAU) will open three and Haremaya University (HU) one center of excellence. The World Bank provided 6 million US dollars for the establishment of each center. In a related development, AAU and the European Union (EU) signed a memorandum of understanding (MoU) last week, to extend partnership and promote collaboration in the areas of education and academic research.

Source: Ethiopian News January 16, 2017 19:46 UTC