VW Signs MoU with Ethiopia for New Assembly Facility
Volkswagen (VW) signed a Memorandum of Understanding with the Ethiopian government with the intent to “collaborate and deliver a joint vision for the development of an automotive industry in the country.”
onto Ethiopia’s electrical grid with the aim of allowing power sharing between the two countries.
World Bank has allowed Ethiopia USD 370 million loan on May 18, 2015 for further expansion of its transportation system and provision of safe and efficient roads, Ethiopian News Agency reported.
World Bank (WB) has released fund for the construction of six pedestrians’ overpasses in Ethiopia’s capital, Addis Ababa, according to the city’s road authority.