Public Management

U.S. grants additional $154mln in humanitarian aid to Ethiopia

U.S. grants additional $154mln in humanitarian aid to Ethiopia
Thursday, 18 April 2024 15:55

The United States has allocated an extra $154 million for humanitarian assistance in Ethiopia, bringing their total contribution to nearly $243 million since the start of 2024. This information comes from a statement by the U.S. Department, released on April 16.

The aid aims to address urgent needs arising from conflict, insecurity, and climate shocks by providing essential services to refugees, including protection, shelter, water, sanitation, hygiene, and mental health support.

The humanitarian crisis in Ethiopia is concerning, worsened by the effects of war, climate change, and massive population displacement, according to the United Nations Office for the Coordination of Humanitarian Affairs (OCHA). In its latest situation report from March, the organization estimates that 21.4 million people in the country will require assistance this year.

To tackle this crisis, OCHA estimates that $3.2 billion will be needed in financing this year to assist over 15 million Ethiopians.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
NSIA Banque CI securitized bonds begin trading on BRVM First multi-currency deal in UEMOA, fully subscribed Proceeds to boost SME lending,...
Ecobank Côte d’Ivoire reports revenue and profit growth in 2025 Deposits, loans rise; shareholders approve dividend payout Bank targets...
More than CFA1,000 billion received via mobile money in 2024 Total inflows rise 77% to CFA1,354 billion, led by Europe and North...
New SME Growth Fund aims to improve access to long-term capital Initial $30 million could scale up to $100 million over time SMEs remain...
Most Read
01

Mediterrania Capital bought Australian Amcor's Moroccan packaging unit Enko Capital took ov...

Two Other African-focused Private Equity Firms to Snap Up assets shed by Global Majors
02

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including the Burger King franchi...

Enko Capital Buys Burger King Côte d’Ivoire in Servair Restructuring
03

Central bank to release $1 billion in cash to curb black market demand Move aims to ease inf...

Libya Opens Dollar Sales to Ease Pressure on Dinar and Prices
04

From eastern Chad, where measles and meningitis are spreading through overcrowded refugee camps, to ...

Weekly Health Update | Vaccination Gains Advance in Africa; Antimalarial Resistance Threatens Progress
05

As the Japanese automaker faces global headwinds, it is doubling down on its operations in Egypt, ai...

From South Africa to Egypt: Why Nissan is reshaping its African strategy
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.