China Grants Ethiopia $250 Million USD For Drinking Water In Tigray

Mekelle, Ethiopia

China will grant Ethiopia a total of $250 million USD under an agreement signed May 10 by Ethiopian Minister of Finance and Economic Cooperation, Admasu Nebebe, and the Chinese Ambassador to Ethiopia, Tan Jian.

The financing is granted as a concessional loan to implement a project aiming at addressing the drinking water shortage in Mekelle, capital of Tigray region in northern Ethiopia. Implementation will be underatken by China's CGGC Group.