Ethiopia and IFAD signed a new program agreement of $305.7 for the Rural Financial Intermediation Programme III (RUFIP III). The program aims to help more than 13 million of Ethiopia’s most vulnerable farmers to increase and diversify their incomes, access financial services and build their resilience in rural areas threatened by climate change.
Ethiopia and Italy signed a cooperation agreement intended to gain the support of the latter for women to enter and grow in Ethiopia's leather industry.
Ethiopia and Italy have signed a bilateral debt restructuring agreement under the Official Creditor Committee framework, as part of the G20 Common Framework for debt treatment. The agreement was signed by Ethiopia’s Minister of Finance, Ahmed Shide, and Italy’s Minister of Economy and Finance, Giancarlo Giorgetti.
The Ethiopian Railways Corporation (ERC) and Italian firm COIPA Italia S.p.A. have signed a strategic cooperation framework agreement to strengthen collaboration in railway infrastructure development.
Ethiopia and Japan signed a grant agreement of $13.6 million today to help Ethiopia combat COVID-19. The grant will be used for the procurement of health and medical equipment, it was learned.
