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Home Africa

Ethiopia and South Korea sign US$1B financing framework

FurtherAfrica by FurtherAfrica
June 7, 2024
in Africa, Ethiopia, Finance
Reading Time: 1 min read
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Prime Minister Abiy Ahmed and South Korean President Yoon Suk Yeol have signed a 1 billion US dollars financing framework agreement

Prime Minister Abiy Ahmed and South Korean President Yoon Suk Yeol have signed a 1 billion US dollars financing framework agreement

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Prime Minister Abiy Ahmed and South Korean President Yoon Suk Yeol have signed a 1 billion US dollars financing framework agreement.

The financing framework agreement targets projects to be implemented over the next four years, according to the Office of the Prime Minister.

Also read: Ethiopian now flying to Freetown

Prime Minister Abiy Ahmed was warmly received by President Yoon Suk Yeol at the South Korean presidential office earlier today.

Also read: Ethiopia committed to diversifying ports to stimulate economy

During the occasion, the two leaders held bilateral discussions and signed a 1 billion USD financing framework agreement for projects to be implemented over the next four years, it was indicated.

Related

Source: ENA
Tags: AhmedcooperationEthiopiaEthiopia and South Korea sign US$1B financing frameworkFinancePresident Yoon Suk-yeolэфиопияأثيوبياエチオピア埃塞俄比亚
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