April 26, 2024
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Loans

World Bank loans Ethiopia $1.72 billion for power, water supply expansion – Firstpost

  • April 5, 2024

Ethiopia’s Finance Minister Ahmed Shide looks on as World Bank President Ajay Banga addresses delegates during Banga’s visit to the Bole Lemi Industrial Park during an official visit to Addis Ababa, Ethiopia. Reuters File According to the finance ministry on Friday, Ethiopia and the World Bank have inked loan agreements worth a combined $1.72 billion

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Crypto

From Shadows to Spotlight: Why Ethiopia became latest scene for cryptocurrency rush

  • March 29, 2024

Despite Ethiopia’s historical lack of prominence in technological progress, the country’s abundant renewable energy sources and cost-effective electricity rates are rapidly capturing the interest of Bitcoin miners on a global scale (Illustration: Addis Standard) By Zelalem Takele @ZelalemTakelee Addis Abeba – In the heart of East Africa, a surprising powerhouse is rising in the world of cryptocurrency. Ethiopia,

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