December 2008 - In the presence of the USAID/Ethiopia Mission Director, Mr. Glen Anders Mr. Addis Alemayehou, Chief of Party of VEGA Ethiopia AGOA+ and his team held a press conference on December 3rd, 2008 at the Hilton Addis. The purpose of the conference was to officially launch the start of a Development Credit Authority (DCA) Program to the public.
The Development Credit Authority (DCA)
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DCA is a broad financing authority that allows private sector bank resources to have a greater and sustainable impact in supporting economic growth. The program strengthens the ability of partner banks to extend loans to business enterprises in new sectors or target clientele.