The Development Bank of Ethiopia (DBE) is preparing to disburse a 31 million euro concessional loan package to micro, small and medium enterprises operating in conflict affected areas of the country. The financing facility is supported by a 31 million euro grant provided by the European Union and the German Development Bank, KfW, to establish a low interest credit line for eligible businesses. DBE Director of MSMEs and Green Economy Projects Tefera Befekadu said the loans will be offered under favorable interest rate arrangements to support the recovery and expansion of affected enterprises. DBE held a Post Conflict MSMEs Recovery and Inclusion Baseline Validation Workshop at its headquarters to establish the program’s implementation framework. DBE is placing particular emphasis on rehabilitating and revitalizing enterprises located in conflict affected areas.