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Wednesday, June 25, 2008 --- 104 days ago http://nazret.com/blog/index.php?title=ethiopia_signs_200_mln_loan_for_new_ceme&
 digg_url = 'http://nazret.com/blog/index.php?title=ethiopia_signs_200_mln_loan_for_new_ceme&more=1&c=1&tb=1&pb=1'; digg_url = digg_url.replace(/amp;/g, ''); digg_bgcolor = '#FFFFFF'; digg_title = 'Ethiopia signs $200 mln loan for new Cement Factory with IFC'; digg_bodytext = 'Ethiopia to get $200 mln for new Cement Factory from IFC Ethiopia signed a loan with International Finance Corporation (IFC)to build a $351 million cement factory, Reuters reported. \"As a result of the unprecedented boom in the construction business in Ethiopia, a mix of Ethiopian and foreign investors are building 24 ce'; Ethiopia to get $200 mln for new Cement Factory from IFC Ethiopia signed a loan with International Finance Corporation (IFC)to build a $351 million cement factory, Reuters reported. "As a result of the unprecedented boom in the construction business in Ethiopia, a mix of Ethiopian and foreign investors are building 24 cement factories in different parts of the country", Hailu Abebe was quoted as saying by Reuters. The following is the press release from IFC. Read Reuters report here . Source: IFC Addis Ababa, Ethiopia, —IFC, a member of the World Bank Group, has signed an agreement with the Derba Midroc Cement Private Limited Company to help build a new plant that will address Ethiopia’s cement shortage and generate employment. IFC’s $55 million loan will be complemented by an additional $145 million in debt financing from other internati ... |
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