Public Management

Ethiopia: EU backs humanitarian efforts with $64mln

Ethiopia: EU backs humanitarian efforts with $64mln
Tuesday, 20 April 2021 04:00

Ethiopia will benefit from $64 million provided by the European Union to pursue its assistance to needy people. The information was reported in an April 19 statement by the institution.

Once the funds are available, they will go for humanitarian assistance initiatives towards people affected by conflicts and climate shocks, including displaced people and host communities. Stressing the importance of this program, Janez Lenarčič, EU Commissioner for Crisis Management, said the conflict in the Tigray region has exacerbated an already-difficult situation in the Horn of Africa country. "Humanitarian needs - even basic survival needs like food security, health and shelter -- are growing,” he said.

This new allocation is intended to reinforce the efforts already made by the EU for humanitarian aid in Ethiopia, particularly in the context of the conflict in Tigray. In 2020, the funding mobilized by the institution for the country reached $77.2 million.​_

Let’s note that the money will also be used to improve the provision of basic needs for the most vulnerable of Ethiopia's 770,000 refugees from other African countries.

Carine Sossoukpè (intern)

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Partnership with ANSER focuses on structuring and mobilizing financing Mechanism relies on phased funding tied to project...
Coris Bank International posted a 36% increase in net profit in 2025. The bank grew its customer base by 11.6% and deposits to CFAF 2,015.3...
Kenya has asked the World Bank for rapid emergency financing to cushion the economic shock from the war in Iran, Governor Kamau Thugge said...
Seven of Nigeria's top 11 listed banks missed the March 31 deadline for 2025 audited accounts, all citing pending Central Bank approval The bottleneck...
Most Read
01

(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...

EBID makes giant strides for a green transition in west africa
02

Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...

Mauritanian Telecom Operators Submit $27 Million Combined Bid for 5G Licenses
03

Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...

Cameroon Presses Telecom Operators on Service Quality as Complaints Rise
04

Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...

Algeria Opens Satellite Market to Competition, Inviting Global Operators
05

Gabon's 7% 2031 Eurobond posted its biggest single-day drop in a year on Wednesday after a new I...

Gabon Eurobond Due 2031 Posts Biggest Drop in a Year on IMF Budget Warning
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.