Search
Search
Journalism from the heart of crises
  1. Home
  2. East Africa
  3. Eritrea

US loan to be used for food

    NAIROBI
    The United Sates has agreed to provide a loan of US $10 million to the Eritrean government, the pro-government Visafric news agency said on Wednesday. The loan will be used to purchase approximately 81,000 mt tonnes of wheat and sorghum, Visafric said. The agreement between the two countries was signed by US Ambassador to Eritrea William D. Clarke and Dr Woldai Fitur of the Eritrean government in Asmara, the Eritrean capital. Eritrea is expected to repay the loan, at one percent interest, within 30 years.

    This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

    Share this article

    Get the day’s top headlines in your inbox every morning

    Starting at just $5 a month, you can become a member of The New Humanitarian and receive our premium newsletter, DAWNS Digest.

    DAWNS Digest has been the trusted essential morning read for global aid and foreign policy professionals for more than 10 years.

    Government, media, global governance organisations, NGOs, academics, and more subscribe to DAWNS to receive the day’s top global headlines of news and analysis in their inboxes every weekday morning.

    It’s the perfect way to start your day.

    Become a member of The New Humanitarian today and you’ll automatically be subscribed to DAWNS Digest – free of charge.

    Become a member of The New Humanitarian

    Support our journalism and become more involved in our community. Help us deliver informative, accessible, independent journalism that you can trust and provides accountability to the millions of people affected by crises worldwide.

    Join