The World Bank said the concessional loan will have a 3.1% annual interest rate.
Ethiopia is opening up its telecoms sector, hitherto a monopoly of the state-owned Ethio Telecom, and last month authorities awarded the first private operator licence.
The Somali government on Friday condemned what it called "indiscriminate air strikes" in El Ade and Hisa-u-Gur towns carried out by Kenyan forces.
The statement from Somalia's Foreign Office signals the latest escalation in simmering tensions between the two neighboring nations.
His predecessor, the late Pierre Nkurunziza, only left Burundi once during his last term in office when he went by road to neighbouring Tanzania.
The entire process promoted by the BBI was “unconstitutional, null and void,” the five-member bench said in a judgment handed down on Thursday.
Kenya’s tourism sector lost close to $1 billion in revenue between January and October of last year, when the number of foreign visitors plunged by two thirds due to COVID-19, official data…