Ethiopia to Get $300m World Bank Grant for Reconstruction

05/19/2022

Ethiopia and the World Bank have signed a pact for a grant of $300m to assist reconstruction and recovery in conflict-hit areas, the finance ministry said. Fighting that erupted in the northern region of Tigray in November 2020, and spilled over into neighboring Afar and Amhara last year, has eased since a unilateral ceasefire was declared by the federal government in March. “The resource will be used to finance the activities designed to support...basic services,” the ministry said in a statement late on Monday. 

Services that stand to benefit are education, health, water supply, and a special effort to support survivors of gender-based violence in conflict-hit areas, it said. Areas in Amhara, Afar, Tigray, and the regions of Oromia and Benishangul-umuz are targeted to receive the funds, it said, adding that the government would sign up with third-party organizations to execute the project in high-conflict areas. 

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