Ethiopia to Join African Finance Corporation — Major Boost for Trade & Infrastructure
15:22 14.05.2025 (Updated: 15:54 14.05.2025)
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Ethiopia to Join African Finance Corporation — Major Boost for Trade & Infrastructure
The membership proclamation to join the AFC was approved by the Ethiopian House of People's Representatives.
The move will support trade and regional integration through infrastructure development, Deputy Government Whip Meseret Haile emphasized.
The decision expands Ethiopia's access to financial resources and investment tools, with particular impact on sectors like mining and industry, Finance State Minister Eyob Tekalign noted.
Ethiopia is already a member of several African financial institutions like the TDB, the AfDB, Afreximbank, and the ATIDI.
ℹ AFC is a pan-African multilateral development finance institution.
The membership proclamation to join the AFC was approved by the Ethiopian House of People's Representatives.
The move will support trade and regional integration through infrastructure development, Deputy Government Whip Meseret Haile emphasized.
The decision expands Ethiopia's access to financial resources and investment tools, with particular impact on sectors like mining and industry, Finance State Minister Eyob Tekalign noted.
Ethiopia is already a member of several African financial institutions like the TDB, the AfDB, Afreximbank, and the ATIDI.
ℹ AFC is a pan-African multilateral development finance institution.
