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The government of Ethiopia and France on Thursday signed two loan agreements amounting to 70 million Euros to support construction of high-voltage transmission lines and sanitary landfill, Ethiopian News Agency reported.

Ethiopia's delegation, comprised of President Sahle-Work Zewde and Finance Minister Ahmed Shide, has taken part in the Paris summit on the financing of African economies in response to the pandemic. The Ethiopian delegation has also met and discussed with various officials and groups regarding economic cooperation, development, and investment.

Ethiopia and France yesterday signed two grant agreements totaling €20 million. The grants are for the renovation of the National Palace, and to support a program of the Agricultural Transformation Agency.

Ethiopia and Germany signed in Addis Ababa yesterday a grant agreement of a total of €100 million. Signing the agreement were Admasu Nebebe, Ethiopia’s State Minister of Finance, and Brita Wagner, Germany’s Ambassador to Ethiopia.

Ethiopia and Ghana have agreed to bolster their enduring political relations to trade and investment sectors, according to Ethiopian News Agency.