World Bank Approves Funding for Ethiopia Road System Upgrade | Industry Insights
World Bank Approves Funding for Ethiopia Road System Upgrade The Board of Executive Directors for the World Bank approved funds in late February to help Ethiopia upgrade their road system, strengthen road maintenance and reduce travel time along inter-regional corridors. The Road Sector Support Project is supported by a $320 million (USD) IDA credit as part of the $385 million total project cost. The Government of Ethiopia are also contributing $65 million. The project is aligned with the Growth and Transformation Plan and supports economic expansion by improving the quality of reads, serv...
Source: africaoutlookmag.com