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MatiT
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THE STATE OF ERITREA BECOMES AFRICA FINANCE CORPORATION’S 24TH MEMBER STATE. “It is my pleasure to welcome Eritrea. CEO

Post by MatiT » 05 Dec 2019, 17:04

ኤርትራ መበል 24 ኣባል ፋይናንሳዊ ትካል ኣፍሪቃ(AFC)ኮይና፡...https://www.facebook.com/NationalErInte ... 820963409/
THE STATE OF ERITREA BECOMES AFRICA FINANCE CORPORATION’S 24TH MEMBER STATE

Read ትግሪኛ Version Below, Published by CFRAD፡
Read English Version Below, Published by Business Week፡

እዚ ኣብ ናይጀርያ ተደኩኑ ዝርከብ ፋይናንሳዊ ትካል ነቲ ኣብ ዕደናታት ብፍላይ ድማ ኣብ ዕደና ፖታሽ ኮሉሊ ዝግበር ናይ ትሕተቅርጻዊ ህንጻታት ዝውዕል ገንዘብ ብመልክዕ ልቃሕ ንመንግስቲ ኤርትራ ክቅርብ ሙዃኑ ገለ ክፋል ($50mil) ዝኸውን ውን ድሮ ሂቡ ከምዘሎ ሰነዳት እቲ ትካል ይገልጽ፡
መንግስቲ ኤርትራ ብተወሳኺ ነዚ ናይ ዕደናዊ ትሕተቅርጺ ዝኸውን ልቃሕ ካብ ባንክ ኣፍሪቃ ምምጻእን ምላኣኽን ወይ (Afrixembank) ምስ (AFC) ብሙዃን ብጠቅላላ ክሳብ $200mili ክቅበል ሙዃኑ ካብ ሰነዳት ናይዘን ባንክታት ይሕብር።

መንግስቲ ኤርትራ ኣብዚ ዝሓለፈ ዓመት ሉዑል ቁጠባዊ ምንቅስቃሳት ዝሕብር ኣንፈት የሪኢ ከም ዘሎ ቁጠባዊ ተንተንቲ ይዛረቡ፡፡ እዚ ግን ብዙሕ ናይ መሰረታዊ ለውጥታት ኣብ ገንዘባውን ወፍራውን ፖሊሲታት ከም ዘድሊ ክንግንዘቦ የድሊ፡፡

#Africa #Finance #Corporation (“AFC” or “the Corporation”) is pleased to announce the accession of the State of Eritrea (“Eritrea”) as its 24th member state. This decision was ratified by His Excellency, Isaias Afwerki, President of Eritrea, on 6 November 2019.

Eritrea has experienced stable growth; driven by increased investment in the mining and extractive sectors, with an expectation to deliver an average annual GDP growth rate of circa 4-5% between 2019 and 2024. The country’s economic growth strategy highlights a focus on scaling up infrastructure investments, specifically water and energy, to promote agricultural and industrial transformation. Additionally, the government is committed to improving the mining sector through a natural resource planning strategy.

AFC, in line with its mandate, has committed to provide financing to the Colluli Mining Share Company for the development and construction of the Colluli Potash Project in the Danakil Depression region of Eritrea. Successful execution of this project will make significant contributions to exports, employment, agricultural productivity, and overall social and economic development of the country.

AFC President and CEO, Samaila Zubairu, commented on the announcement: “It is my pleasure to welcome Eritrea as a member state of AFC. The government’s efforts at prioritising infrastructure investments bodes well for the country and we are committed to supporting Eritrea’s economic development programmes.”

NationalEr Interest