The European Union (EU) as part of the Supporting Horn of Africa Resilience (SHARE) initiative has released a EUR50-million about N10, 873,196,311.82 aids to improve food security and build resilience to drought in southern and eastern Ethiopia.
This was made known in a press release signed by the EU Commissioners Andris Piebalgs and Kristalina Georgieva and made available to NaijaAgroNet that the new funds will help boost food security in the lowland areas of Ethiopia through a series of long-term measures.
"with this new program, we will be helping Ethiopian people in the longer-term; providing support to help them rebuild their lives, make a living, and make sure they are well equipped to deal with droughts that will inevitably come again in the future," Piebalgs said.
Georgieva explained that SHARE initiative is a prime example for how to ensure better coherence of EU external assistance instruments and a maximum impact of its aid for the benefit of the targeted populations.
NaijaAgroNet findings showed that the Ethiopia is plagued by recurrent droughts, which often translate into emergencies, with high levels of malnutrition and food insecurity thereby increasing demographic pressures on natural resources, along with poor infrastructure, absence of alternative livelihoods, insecurity and make people particularly vulnerable to droughts in this region.
The Accelerating Resilience Capacity in Southern and Eastern Ethiopia (ARCE) project, which is part of the SHARE regional program, is said to be implemented by the United Nations Children's Fund (UNICEF), FAO and the World Bank, along with Non Governmental Organisations (NGOs).