ADDIS ABABA – The U.S. government aid agency, USAID on Tuesday announced an additional $55 million in response to food-security related challenges in Ethiopia.
Ethiopia is currently experiencing increased food insecurity due to higher food and fertilizer prices, which have been exacerbated by Russia’s invasion of Ukraine.
In a statement, the USAID said it “will utilize this new funding to help Ethiopians overcome the current food crisis and to build further resilience to prevent and respond to food-related shocks in the future.”
This fund is part of President Joe Biden’s pledge – made in late June during the G7 Leaders’ Summit in Germany – to provide an additional $2.76 billion to ease the escalating global food security crisis.
The US aid agency said it will use the new funding to reach over two million Ethiopians including farmers whose water and supply systems were destroyed due to conflict.
“USAID will help them boost Ethiopia’s current food production supply by rebuilding water supply systems, granting agribusiness loans, training farmers unions, bolstering seed and fertilizer distribution networks, and helping farmers purchase vital farming equipment,” its statement said.
The agency also said the fund also supports efforts to build food production resilience in the country and the government’s Productive Safety Net Program, which directly bolsters the food security of over eight million people per year.
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