US Agency Elects Ethiopia for Grants

December 19 , 2018


US Agency Elects Ethiopia for Grants

The United States government’s Millennium Challenge Corporation, an agency that gives time-limited grants and assistance to developing countries, has chosen Ethiopia as one of the eligible countries. The agency, which works to reduce global poverty, selected Ethiopia for assistance that is designed to spur economic growth during its quarterly meeting on December 12 2018. The board of the Corporation also selected Indonesia, Malawi and Kosovo for bilateral compacts for five-year grant programs, while it selected Ethiopia and the Solomon Islands for MCC threshold programs – the Corporation’s smaller grant program focused on policy and institutional reform. “I am pleased to announce new MCC compact partnerships with Indonesia, Malawi, and Kosovo, and new threshold partnerships with Ethiopia and Solomon Islands,” MCC Chief Operating Officer and Head of Agency Jonathan Nash said. “The Board also directed MCC to explore regional investment opportunities in five of its current compact partners in West Africa.” The Board selected Ethiopia in recognition of the recent reforms made by the Government of Ethiopia, according to the Corporation. Founded in 2004, the Corporation provides support that meets rigorous standards for good governance, from fighting corruption to respecting democratic rights.


Radar

STREET MADE

Sometimes, work could be a lonely endeavour. Under the sweltering sun, this professional proceeded to meticulously paint the entrance way to a hotel. He uses plasters and paintbrushes to craft his handiwork...


Radar

AWAY FROM STREETS

Ergoge Tesfaye (PhD) (right), minister of Women & Social Affairs, and Senait Gebregziabher (left), international director for eastern and southern Africa region at the SOS Children’s Villages International, chat during the launching event of a five-year project for the rehabilitation of children from the streets on May 10, 2022, at Skylight Hotel...


Radar

5G DAY

Frehiwot Tamiru interacts with a service robot that uses a 5G network to operate. The robot walked around and engaged with invited guests at the inauguration of 5G network by Ethio telecom at Sheraton Addis on May 9, 2022. This makes Ethiopia one of a hand full of African countries with the service...