Addis Ababa among Rare African Pioneers in Long-term Debt Financing Model: World Bank

Source: The Reporter Ethiopia · 2026-11-02T11:56:56.000Z · Finance

Addis Ababa is among few cities in Sub-Saharan Africa outside South Africa to finance substantial foundational physical infrastructure through long-term contractual borrowing, underscoring the broader scarcity of municipal debt financing across the region, according to a World Bank report. Titled Sub-Saharan Africa’s Urban Awakening: Catalyzing Economic Growth and Job Creation, the report identifies the Ethiopian […]

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