On 17 June 2022, Ethiopia’s Ministry of Finance announced that the World Bank had approved a large-scale grant for Phase 2 of Ethiopia’s Groundwater Resilience Project. The World Bank grant totals $210 million.
The African Development Bank is catching up with the World Bank Group in infrastructure financing in Ethiopia, according to data from ABiQ.
The United States has announced over $200 million in additional humanitarian assistance for the Horn of Africa region
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