AUDITORS’ REPORT ON THE FINANCIAL STATEMENTS
                                       OF




 AFRICA CDC REGIONAL INVESTMENT FINANCE
PROJECTGRANT NO. IDA 526 UNDER THE AFRICAN
            UNION COMMISSION




 AS AT AND FOR THE YEAR ENDED 31 DECEMBER 2022




                                     TAY
          Authorized Accountants & Auditors
                            Addis Ababa, Ethiopia
       Tel. 251-11-442-1336 Fax 251-11-442-1338 E-mail: info@tayauditing.com
                         P.O. Box 1335 Addis Ababa, Ethiopia
          Ethio-china Friendship Street Wongelawit Tadesse Building 1st Floor
                            Website: www.tayauditing.com