in Short

Ethiopia : Ethiopia Development Bank allocates $522 million to boost manufacturing sector

According to ENA, Ethiopia Development Bank (DBE) has allocated 30 billion birr ($522 million) in the past 9 months to enhance the manufacturing sector.

Within the same period, DBE approved loans totaling 44 billion birr ($766 million), with 30 billion designated for industrial development.

Ethiopia Development Bank (DBE) is a specialized public development financial institution controlled by the Ethiopian Public Enterprises Agency.

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