The African Development Bank and Ethiopia have signed a USD109.63 million loan agreement designed to help expand access to basic services in the African country.
The loan will support the implementation of the Protection of Basic Services project, which has been in place since May 2009, the Ethiopian Journal reports. The project seeks to improve the quality and expand access to education, health care, water and sanitation, agriculture and other basic services. It also aims to boost accountability and transparency in local service delivery.
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About the author
Ivy Mungcal
As senior staff writer, Ivy Mungcal contributes to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.
