Public Management

US Announces $1bn in Humanitarian Aid for Africa

US Announces $1bn in Humanitarian Aid for Africa
Wednesday, 04 December 2024 16:00

In FY 2024, the United States contributed nearly $6.6 billion in humanitarian aid to sub-Saharan Africa.

During his visit to Angola on December 3, President Joe Biden (pictured) announced over $1 billion in humanitarian aid to address food insecurity and urgent needs in 31 African countries.

Around $823 million will be channeled through the agency to the United States Agency for International Development (USAID). This includes over $202 million from the Department of Agriculture and about $186 million from the State Department. The initiative fulfills a promise made during the 2022 US-Africa Summit to support African partners in addressing food insecurity and providing emergency assistance.

The aid will be used for emergency care, water and sanitation services, protection programs, mental health support, education, and shelter for refugees and internally displaced people. Through the Commodity Credit Corporation, agricultural commodities will also be delivered to East and Central Africa.

Sub-Saharan Africa is currently facing a severe food crisis due to conflicts, extreme weather, and economic challenges. In February 2023, the Red Cross reported that about 146 million people were experiencing acute food insecurity. The UN Office for the Coordination of Humanitarian Affairs (OCHA) estimates that humanitarian needs for 2024 amount to $10.9 billion for East and Southern Africa and $8.3 billion for West and Central Africa.

In FY2024, the United States provided nearly $6.6 billion in humanitarian aid to sub-Saharan Africa. The US is urging other donors to increase their contributions to address the growing crisis.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
BEAC raises key interest rates to support CFA franc Policy rate lifted to 4.75% amid falling foreign reserves Shift reverses earlier easing criticised...
African companies raised about $220 billion in equity on local stock markets over the past 25 years Equity market capitalization rose...
WAEMU foreign exchange reserves rose to about $33 billion by end-October 2025. Import cover increased to six months from 3.8 months in...
CardinalStone Capital Advisers plans to raise $120 million for its second SME-focused fund in West Africa. The International Finance...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...

From Mobile Data to Farm Loans: How AI Is Expanding Rural Credit in Africa
03

This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...

Weekly Health Update | Africa Steps Up Essential Medicines Strategy, Despite Outbreaks, Funding Gaps
04

Investment bank BCID-AES established  in Bamako Bank aims to fund infrastructure, agricultur...

Sahel Alliance Establishes Investment Bank, Key Financing Decisions Pending
05

Standard Bank extended a USD 138 million facility to STEP, acting as sole arranger and advisor to ...

$138 Million Standard Bank Facility to Power Safaricom's Ethiopia Business Expansion
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.