Ethiopia - Addis News Network Daily News

As Kenya rises to become the darling of Western hemisphere, Abiy Ahmed Ali secures a $1 billion financing deal in preparation for the Korea-Africa Summit.
On June 2, 2024, Prime Minister Abiy Ahmed of Ethiopia and President Yoon Suk Yeol of South Korea finalized a $1 billion financing framework agreement. The signing ceremony occurred at the South Korean presidential office following a reception for Prime Minister Abiy.
With a raging civil war, opponents of this agreement point out that the Prime Minister may utilize this financing to acquire weaponry.