Ethiopia receives €487mln EU support to fight Covid-19

Public Management

Ethiopia receives €487mln EU support to fight Covid-19

Thursday, 18 June 2020 12:59

Ethiopia will benefit from €487 million granted by the European Union under the “Europe Team” program to cushion the economic and health impacts of the coronavirus. The information was reported by the Ethiopian News Agency (ENA).

Specifically, the money will serve to develop quarantine sites, improve social protection, and restore livelihoods. The latest assessment of the pandemic in Ethiopia shows 3,630 confirmed cases, 738 recoveries, and 61 deaths.

André Chadrak

Additional Info

communiques: Non
couleur: N/A

Follow @EcofinAgency

On the same topic

World Bank Installs Resident Representation in E.Guinea Nearly 55 Years After Country Joined Group

World Bank opens first resident representation in Malabo, led by economist Juan Diego Alonso. Mandate focuses on inclusive growth, private-sector...

Togo Passes 2026 Budget of $4.87 Bln, Up 14.8%

Nearly half of spending directed to social programs amid growth, financing pressures Lawmakers debate sustainability and external financing as...

Kenya Central Bank Cuts Benchmark Rate for Ninth Straight Time

The Central Bank reduces its policy rate to 9%, marking a ninth consecutive cut. Inflation remains contained at 4.5%, within the 2.5%–7.5% target...

Africa’s Factoring Volume Reaches $58 Billion in 2024 as Afreximbank Pushes for Market Expansion

Africa’s factoring volume rose from €21.6 billion in 2017 to €50 billion ($58.17 billion) in 2024. Afreximbank says the continent must...

Live News

Most Read

Cameroon: State Owned Telecommunication Company To Enter Mobile Money Market

Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Omer-Decugis & Cie Expands Mango Operations in West Africa

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

Enter your email to receive our newsletter

Canadian Junior AJN Steps Into DRC Gold Sector With 55% Stake in Giro Project

AJN Resources moves deeper into African gold with deal for 55% of DRC’s Giro project Acquisition adds Kebigada and Douze Match deposits as gold...

Sierra Leone: Proparco Approves $23M Loan for 600-Ton/Day Flour Mill in Freetown

Proparco lends $23 million to Sonoco to build a 600-ton/day flour mill in Freetown Project aims to cut flour imports and supply regional...

Senegal Plans to Nationalize Yakaar-Teranga Gas Project

Move follows delays, stalled investment decision and BP’s earlier withdrawal Government prioritizes domestic gas supply while keeping option for...

TotalEnergies Takes Over Namibia’s Mopane Project After Striking Asset-Swap Deal With Galp

Galp and TotalEnergies strike asset-swap deal giving TotalEnergies control of Namibia’s Mopane find Galp gains stakes in Venus and PEL 91 as firms...

Lifestyle

Cameroon’s REPACI Returns for Third Edition, Spotlighting Film as a Mirror of Social Realities

Cameroon’s REPACI film festival returns Dec. 11-13 with 135 short films Events include screenings, masterclasses, panels on social cinema and...

Cidade Velha, one of the earliest encounters between Africa and Europe—for better and for worse

Cidade Velha, formerly known as Ribeira Grande, holds a distinctive place in the history of Cape Verde and, more broadly, in the history of the Atlantic...