and Modernization Project

Addis Ababa, October 13, 2026 (ENA) —Ethiopia’s House of People’s Representatives (HPR) has unanimously approved a 145.8 million USD concessional loan agreement with the International Development Association (IDA) to fund the first phase of the Power Sector Reform, Investment, and Modernization Project. The approval came during the 7th House’s second regular session of its first…