Monday, September 14, 2026

US, Ethiopia launch new $2.2 billion phase of the productive safety net program

The United States joined the Government of Ethiopia and development partners to launch the next five-year phase of the Productive Safety Net Program (PSNP). The PSNP is the Government of Ethiopia’s multi-billion-dollar food security, public works, and social safety net program for millions in need across Ethiopia.
The PSNP was first established with U.S. support in 2005. As the largest donor, USAID’s contribution accounts for over $550 million.
The launch represents a total additional $2.2 billion investment by the government and Ethiopia’s international partners in PSNP. Over the next five years, the PSNP will reach up to nine million people each year as it provides food assistance and services that will lift vulnerable families out of poverty.
Minister of Finance Ahmed Shide and Minister of Agriculture Oumer Hussein launched the new, fifth phase of PSNP with heads of agencies from the United States Agency for International Development (USAID), World Bank, UK Foreign, Commonwealth & Development Office, World Food Program, UNICEF, Irish Aid, and the Netherlands at a ceremony in Addis Ababa.

Hot this week

Production up, but the ‘cost’ variable weighs heavily

Production is up in 2021 for the Italian agricultural...

Luminos Fund’s catch-up education programs in Ethiopia recognized

The Luminos Fund has been named a top 10...

Well-planned cities essential for a resilient future in Africa concludes the World Urban Forum

The World Urban Forum (WUF) concluded today with a...

Private sector deemed key to unlocking AfCFTA potential

The private sector’s role is vital to fully unlock...

Safaricom surpasses 15 million subscribers as it marks five years

Safaricom is marking five years since it received a...

Africa’s economic momentum is building as savings and cross-border trade activity accelerate

Rising savings, increasing cross-border payment activity and growing participation...

Experts urge sovereign AI models tailored to African realities

Researchers and leaders across Africa have been urged to...

Addis Ababa deploys digital monitoring Apps to track urban air quality

The Addis Ababa Transport Bureau has announced the deployment...

BRICS at 20: Diverse Strengths, Shared Growth

By Liu Yuanhui, CGTN The Driver's Cabin What do 20 years...

Ethiopia Boosts Drone Production to Fight Rebels

Ethiopia has been manufacturing drones at two factories since...

Hijacking Pirates Exploit Regional Chaos to Return to Seas off Somalia

The scourge of Somali piracy targeting cargo ships and...
spot_img

Related Articles

Popular Categories

spot_imgspot_img