Ethiopia is set to receive $300 million grant from World Bank to rebuild, as fighting subsides - News Summed Up

Ethiopia is set to receive $300 million grant from World Bank to rebuild, as fighting subsides


Parts of of the Horn of Africa country that are set to benefit from the grant money are Tigray, Amhara, Oromia, Afar and Benishangul. The Government also stated that it would work with third party organisations to carry out reconstruction projects in areas that are still conflict-torn. Recall that the armed conflict in Ethiopia heightened in 2021, following a military offensive against the Tigray Region by Prime Minister Abiy Ahmed's government. This request was vehemently opposed by the Tigrayans, who went ahead to organised elections in their region. The war that resulted thereafter led to many lives being lost, even as properties were destroyed and hundreds of thousands of Ethiopians displaced internally.


Source: Ethiopian News May 17, 2022 12:13 UTC



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