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    1.0.30

    World Bank Approves $300 Million Grant for Ethiopia

    Eunniah
    By Eunniah Mbabazi
    - April 18, 2022
    - April 18, 2022
    African Wall Street
    World Bank Approves $300 Million Grant for Ethiopia

    The World Bank has approved a $300 million grant for Ethiopia, seeking to help local communities whose lives have been destroyed by the Tigray war.

    The money, disbursed under the International Development Association (IDA), is part of the Bank’s Ethiopia project known as the Response-Recovery-Resilience for Conflict Communities.

    The money will partly go to reconstructing local facilities such as health centres and other amenities, as well as help locals get assistance for effects of war such as sexual violations and gender based violence (GBV).

    The grant will also go help to renovate damaged social facilities like schools and hospitals, and also help people begin a new life from the war.

    “To urgently meet needs of conflict-affected communities, mobile units will be dispatched to provide vital services in education, health, water, and sanitation,” the Bank said.

    According to the Bank, the project will begin with areas in Afar, Amhara, Benishangul-Gumuz, Oromia and Tigray regions. These areas have been highly impacted by the recent conflict and host large numbers of internally displaced peoples (IDPs).

    Part of the money will also support long-term investments in institutions, communities and policies for the conflict-afflicted communities.

    See Also:

    World Bank Approves $250 Million for New Agriculture Project in Kenya

    The Kenyan Wall Street

    We are a leading integrated digital content platform providing in-depth business and financial news across Africa & the globeSubscribe
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