NDB Considering Ethiopia as One of New Shareholders: Russian Minister

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NDB Considering Ethiopia as One of New Shareholders: Russian Minister - Sputnik Africa, 1920, 16.05.2026
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NDB Considering Ethiopia as One of New Shareholders: Russian Minister

Existing members believe that the addition of Uzbekistan, Colombia and Ethiopia would bring a qualitative contribution to the NDB's capital base and expand its innovation agenda, Finance Minister Anton Siluanov said.

ℹ The New Development Bank, established in 2014 to fund infrastructure and development projects, currently includes founding members Brazil, India, China, Russia, and South Africa, plus post-2021 members Egypt, Bangladesh, Algeria, and the UAE.

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