Ethiopia

World Bank Approves A $300 Million Rehabilitation Fund For Conflict-Hit Ethiopia

The World Bank on Wednesday announced it has approved a $300 million grant for Ethiopia to support the needs of the conflict-affected people, reported CGTN Africa.

In a press statement, the World Bank said the newly approved funds will be used to rehabilitate those affected by conflict and its consequences in various parts of the East African country.

“Conflicts in Ethiopia have resulted in the loss of lives, humanitarian crises, destruction of private and public assets and have left communities in dire need of support,” the statement said.

The World Bank said that the conflict has resulted in the displacement of thousands of people throughout Ethiopia and has further exacerbated the incidence of gender-based violence, particularly against women and girls.

According to the statement, the new funds will support efforts to address the immediate needs of communities, rehabilitate infrastructure destroyed by conflict and increase community resilience to the impacts of conflict in a sustainable manner.

The funds will be used to cover the needs of at-risk people in Afar, Amhara, Benishangul-Gumuz, Oromia, and Tigray regional states, which have been highly impacted by the recent conflict and host large numbers of internally displaced peoples.

The statement also said the project for the newly released funds will be implemented by federal, regional, and community-based organizations as well as independent third-party entities.

Earlier this month, the U.S. Agency for International Development announced that it would give $114 million to Ethiopia, Kenya, and Somalia to help people struggling with drought in the Horn of Africa region.

The conflict between the Ethiopian military and Tigrayan forces erupted in November 2020 when Prime Minister Abiy sent troops into Tigray to topple the Tigray People’s Liberation Front (TPLF).

Thousands of people have died in the war, while accounts have emerged of massacres and mass rapes.

According to the United Nations, the war has displaced more than two million people and driven hundreds of thousands to the brink of famine.

Caroline Finnegan

A professionnal journalist for the past ten years, I cover global news and economic affairs for The Chief Observer.

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