Ethiopia and the World Bank have signed a pact for a grant of $300m to assist reconstruction and recovery in conflict-hit areas, the finance ministry said.
Fighting that erupted in the northern region of Tigray in November 2020, and spilled over into neighbouring Afar and Amhara last year, has eased since a unilateral ceasefire was declared by the federal government in March.
“The resource will be used to finance the activities designed to support … basic services,” the ministry said in a statement late on Monday.
