European funding for Ethiopian infrastructure

A new agreement on funding has been struck between Ethiopia and the European Union. The deal will see the EU providing some US$ 287 million in the form of a development grant, to be used for an array of projects in the country. In all $66.56 million of the funding will be used for road construction, with the rest of the grant being aimed at improving health and protecting the country from drought.
November 27, 2013 Read time: 1 min
A new agreement on funding has been struck between Ethiopia and the 1116 European Union. The Deal will see the EU providing some US$ 287 million in the form of a development grant, to be used for an array of projects in the country. In all $66.56 million of the funding will be used for road construction, with the rest of the grant being aimed at improving health and protecting the country from drought.
Road Structures

For more information on companies in this article

Related Content

  • Success of toll road operators' conference
    July 12, 2012
    The 37th ASECAP Annual Study and Information Days held in Krakow, Poland, gathered some 300 road transport CEOs, experts and government decision-makers making the event "a huge success." Patrick Smith reports Toll road operators from across Europe have met to discuss the state of their businesses in the current economic climate and how to tackle it. Fabrizio Palenzona, the outgoing President of ASECAP (the European professional Association of Operators of Toll Road Infrastructures) and president of AISCAT (
    Read More
  • New barriers coming to market worldwide
    July 28, 2015
    European and US manufacturers traditionally hold strong positions in the global market for road safety barrier systems. The strength of the European and US testing systems and processes as well as their respective legislation have helped this position. Both European and US standards for road safety barriers are well understood in other territories and are also accepted in many countries around the globe.
    Read More
  • $215 million for Kenya road project
    April 21, 2025
    Funding worth $215 million will help pay for a key Kenya road project.
    Read More
  • US city sees stimulus bridge boost
    March 1, 2012
    The US city of Cleveland in the state of Ohio is to benefit from a new bridge to carry the I90 highway.
    Read More

Highlighted Content