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
Orange Mali secures €80M loan to expand 4G and fiber networks Project to improve internet for 300,000 users, focus on rural...
Benin seeks $176.7M via two new bonds on WAEMU market Bonds offer 6% and 6.15% yields, maturing in 2032 and 2035 Return follows $1B...
CAR Treasury returns to market, seeks up to $88.4M via new bond lines Three- to five-year bonds to fund $12.8B national development...
Côte d'Ivoire keeps BB/B rating, but Senegal debt exposure flagged Ivorian banks now key conduit for risky Senegalese bond financing S&P...
Most Read
01

DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...

DRC in Talks with Alibaba, Isoftstone to Develop a Chinese-Style E-Commerce Model
02

The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...

Nigeria Launches National Payment Stack, Targets Faster Digital Transactions
03

DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...

DRC, Eyeing AI for Farms and Mines, Seeks to Launch Academy with China’s Huawei
04

Germany to provide €49 million ($56.7 million) to support ECOWAS projects. Funds target peac...

ECOWAS secures $56.7mln German support for security and governance
05

Madagascar is going through one of the most turbulent periods in its recent political history. After...

Good Governance Can Save Madagascar, Says Former Ambassador Jaona Ravaloson
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.