IGAD Launches 4m Euro Project in Moyale


IGAD Launches 4m Euro Project in Moyale

The Intergovernmental Authority on Development (IGAD) has launched a four million euro project aimed at improving the wellbeing of households living along the Ethio-Kenyan border. The project, which is part of a series of initiatives being undertaken with financial support from the German government, also involves a pilot cash programme that will provide financial assistance to 1,600 households on either side of the border engaged in trade activities. Earlier this month, Ethiopian and Kenyan officials signed a protocol agreement to establish a legal framework for the formalisation of small-scale cross-border trade. Last year, Kenya’s exports to Ethiopia were valued at 71.5 million dollars, while goods going the other way registered less than 10 million dollars in revenues.


Source link

What do you think?

Aggregated by Ethiopian News Digest

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

Exposed: Wester Diplomats plotting a regime change in Ethiopia via Zoom

Gondar still a den of early marriage? | Addis Zeybe