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EIB to finance M-Birr

The European Investment Bank (EIB) expressed its commitment to assist M-Birr, a local IT firm actively involved in online payment system, with a three million euros equity investment, this week.

Fund avails 200 mln for potable water projects

15 towns to receive the funding

In an effort to provide potable water to residents of medium and small towns, the Water Resources Development Fund (WRDF) has extended financing to the tune of 200 million birr to support potable water projects in five towns of Oromia, Tigray and the Southern Regional States.