Ethiopia, U.S. Ink $230Mn Development Partnership Agreement

The United States, through the U.S. Agency for International Development (USAID), and the Federal Ministry of Finance signed a new development partnership agreement with Ethiopia this week worth more than $230 million. Admasu Nebebe, Ethiopia's State Minister of Finance, and Sean Jones, USAID Mission Director, inked the development partnership agreement.

The agreement, the U.S. government states, underscores the American people’s continued commitment to investing in improving health, education, agriculture, economic growth, good governance, and strengthened resilience of Ethiopians. Under the agreement, USAID also will continue to work with the Government of Ethiopia and other international and local partners to expand access to quality healthcare and services, improve education, and advance a private-sector-led model of transformative economic growth.

“We are pleased to renew our partnership with the Government of Ethiopia and formalize the next chapter in our partnership. This agreement is more than just money – this is about building upon the strong people-to-people partnerships that our two countries have shared for decades, and we look forward to continuing this important work together towards building a brighter and more prosperous future for all Ethiopians,” said USAID Mission Director Sean Jones.

The USAID development assistance agreement provides funding and resources required to accelerate development gains and help Ethiopia achieve its goal of becoming a middle-income country.

The United States is the largest provider of bilateral assistance in Ethiopia. Over the past 20 years, the United States’ long-term investments in Ethiopia amount to more than $13 billion in total assistance – with over $4 billion in the last five years alone – highlighting the American people’s long-standing partnership with Ethiopia.


 

Source: U.S. Embassy in Ethiopia

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