Director / Editor: Victor Teboul, Ph.D.

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EIB to Loan Ethiopia $200 Million for Migrants Jobs Plan

The European Investment Bank (EIB) is set to lend Ethiopia $200 million to build two industry parks that will employ 30,000 refugees in a move aimed at curbing migration to Europe, the bank said on Wednesday. The Horn of Africa country hosts more than 743,000 refugees and asylum seekers from neighboring countries, many of whom use its camps as way stations on a longer journey to Europe. The bank said the 30,000 refugees will be among 100,000 people who will be employed altogether in a...

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