Big dam donation

Oromia International Bank (OIB), on November 7, donated one million birr to the Grand Ethiopian Renaissance Dam and purchased a 10 million birr bond as an additional contribution toward its completion.

Abe Sano, President of OIB handed the grant to Alemayehu Tegenu, Water Irrigation and Energy Minister at the event held at the office of the facility serving as the focal point for getting the public involved in the Renaissance Dam. During the press conference Abe said that the donation would help new fund raising programs and that he hoped the donation would motivate other banks to donate as well.