US gives Ethiopia $97 million

September 20, 2007 (ADDIS ABABA) — The United States said Friday it is donating 97 million dollars (69 million euros) to Ethiopia in recognition of the Horn of Africa country’s “strategic importance.”

The money, channeled through USAID, is to fund agricultural and private sector development, health care, primary education and good governance, a statement said.

Ethiopia received US backing last year when it deployed troops to neighbouring Somalia to overthrow an Islamist movement accused of harbouring extremist elements.

USAID mission director Glenn Anders said: “The agreements … fulfill and even exceed the commitments in our five-year strategic development plan …”

(AFP)