Ethiopia Tourism (IFC-603504)

Countries
  • Ethiopia
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Aug 23, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Government of Ethiopia
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Project Cost (USD)
$ 1.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ IFC website

Updated in EWS Mar 5, 2019

Disclosed by Bank Feb 15, 2019


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Project Description

The project has three main components that aim improve the performance of the tourism sector in Ethiopia through institutional strengthening, improved management of Meetings Conferences and Events (MICE), and the launching of stopover tourism. Each component will include capacity building and be support by strong industry analysis and data collection. The overarching objective of this project is to enhance competitiveness of the tourism sector in Ethiopia through more strategic management of Meetings Conferences and Events (MICE) and stop-over tourism.

Investment Description
  • International Finance Corporation (IFC)
Contact Information

No contact information provided at the time of disclosure

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