The Ethiopian News Agency reported that Prime Minister Abiy Ahmed witnessed the 3 September signing of a framework for cooperation between the National Bank of Ethiopia and the International Finance Corporation. The planned wholesale institution is to be capitalized at 100 billion birr, with an IFC contribution of at least $200 million.

The initiative is intended to address long-term liquidity mismatches in banks and widen mortgage financing across Ethiopia. Abiy linked it to a government goal of delivering 1.5 million affordable homes over five years. The source describes a framework agreement; it does not say the company is already operating or that all of the proposed capital has been disbursed.