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
Move aims to boost housing finance and expand affordable housing supply Bank to support real estate sector amid 800,000-unit housing deficit The...
Financing targets renewable energy and climate adaptation investments Deal supports Africa’s low-carbon transition and infrastructure funding...
Inflation dropped to 3.2% in March 2026, down from 25.8% a year earlier, marking 15 consecutive months of decline The Ghana Reference Rate was...
(BIDC) - The ECOWAS Bank for Investment and Development (EBID) has approved USD 266.7 million and XOF 30 billion to support a portfolio of strategic...
Most Read
01

Operator explores renewable energy partnership with Italy’s Ascot Energy Move aims to stabilize p...

Ethio Telecom Turns to Green Power to Secure Network Expansion
02

A $147M Novastar Ventures fund backed by major Japanese firms offers co-investment rights int...

Mitsubishi, Toyota Buy Options on Africa's Next Startups
03

First investor town hall since 2021 signals renewed engagement with markets Authorities hi...

Ghana restarts investor engagement as macro recovery firms after default
04

Arise IIP plans to invest more than $3 billion in Kenya over five years The company wi...

Arise IIP Targets Kenya With $3 Billion Industrial Investment Drive
05

Efforts to reinforce health systems are gaining pace across Africa, with this week’s developments fo...

Weekly Health Update | ECOWAS Launches Health Reform; Africa Expands Emergency Capacity
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.