Africa: From Fiscal Burden to Job Engine – Ethiopia’s State-Owned Enterprise Transformation

Africa: From Fiscal Burden to Job Engine – Ethiopia’s State-Owned Enterprise Transformation

STORY HIGHLIGHTS Beginning in 2019, the World Bank supported a comprehensive reform program that established Ethiopia’s first state-owned enterprises (SOEs) database, while strengthening oversight and updating the legal and governance framework. The SOEs have shifted from absorbing public funds to generating them, contributing a combined ETB 117 billion (approximately $720 million) to the national budget…

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Africa: From Fiscal Burden to Job Engine – Ethiopia’s State-Owned Enterprise Transformation

Africa: Auda-Nepad Secures $1.2 Billion for Infrastructure Financing in Africa

Luanda — Around 1.2 billion dollars have already been secured for 13 priority projects in Africa, within the framework of Angola’s leadership in the African Union Development Agency Heads of State Orientation Committee (AUDA-NEPAD). The information was given, on Thursday, in Luanda, by the agency’s executive director, Nardos Bekele-Thomas, at the end of a hearing…

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Africa: From Fiscal Burden to Job Engine – Ethiopia’s State-Owned Enterprise Transformation

Africa: 75th ACI-Africa Conference Closes With Focus On the Future of African Aviation

Talatona — The 75th Conference of the Airports Council International Africa (ACI-Africa) closes this Friday, in Luanda, after seven days of debates, workshops and masterclasses with an emphasis on strengthening the African airport sector. The event, considered one of the most important sector forums on the continent, brought together more than 400 delegates, including airport…

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