Public Management

The U.S. announces nearly US$500 mln in Aid to Ethiopia

The U.S. announces nearly US$500 mln in Aid to Ethiopia
Wednesday, 27 July 2022 16:39

The aid, which comes after a US$476 million assistance granted to Somalia, is announced by Washington at a time when the Head of Russian diplomacy, Sergei Lavrov is visiting Ethiopia.  

The U.S. will provide an additional US$488 million in assistance to Ethiopia. The assistance was announced in a statement issued by the U.S. embassy in Addis Ababa, Ethiopia, on Wednesday, July 27. 

The assistance will be disbursed through the U.S. Agency for International Development (USAID).  It aims to address the humanitarian crisis ongoing in Ethiopia. It will specifically help address the unprecedented drought that threatens the survival of 8.1 million people, according to USAID figures. 

Part of the funds will also help provide emergency food assistance to millions of food-insecure people while another part will help reduce child malnutrition and support the resilience of the population and agricultural producers.  It will also improve water supply and emergency healthcare as well as protect women and children against gender-based violence.  

This aid comes after USAID Administrator Samantha POWER announced that on July 19,  the U.S. would provide about US$1.2 billion in assistance to Somalia, Kenya, and Ethiopia, to address immediate humanitarian needs in East Africa. The USAID stressed that US$476 would go to Somalia. 

In some drought-affected parts of [Ethiopia], armed conflict is limiting access to food and income, while the rising cost of food, fuel, and fertilizer exacerbated by Russia’s unprovoked and unjustified invasion of Ukraine is making it more difficult for families to afford the essentials they need,” the US embassy to Addis Ababa indicates. 

The assistance is announced at a time when Russian Foreign Minister Sergei Lavrov landed in Ethiopia yesterday, July 26, in the framework of an African tour aimed at strengthening Russia’s links with its African partners.

Let’s note that in May 2022, the United States of America announced economic and security assistance restrictions against Ethiopia due to the months-long conflict in Tigray. Humanitarian assistance was not affected, however. 

Moutiou Adjibi Nourou

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Cemac developing system to track informal cross-border trade data Regional workshop trains experts on mapping flows and estimating...
Nigerian insurers Guinea, Sovereign Trust seek 10.8bn naira capital Guinea launches rights issue; Sovereign Trust awaits NGX approval Raises aim meet...
Adenia Entrepreneurial Fund I (AEF) secures $180 million in its first close, exceeding its $150 million target. The fund targets...
Bank of Ghana lowers its policy rate by 150 basis points to 14%, the lowest since July 2021. The cut reflects improving macroeconomic conditions...
Most Read
01

Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...

Telecel Ghana plans 150% investment increase in MTN-dominated market
02

CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...

Strengthening the Business Climate in WAEMU Countries: CCR-UEMOA Reviews Its Midterm Record
03

Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...

Togo Passes Law to Criminalize Counterfeiting of West African CFA Franc
04

BOAD plans 750 billion CFA francs financing for Burkina Faso Funds to support key sectors and Rel...

BOAD to Mobilize $1.3 Billion in Support of Burkina Faso 2026-2030 Development Plan
05

Yassir moves into media distribution in France with the acquisition of Paris-based adtech firm Kaw...

Algeria-based Yassir expands into media distribution in France with planned acquisition of Kawarizmi
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.