Search
  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

    Our ability to deliver compelling, field-based reporting on humanitarian crises rests on a few key principles: deep expertise, an unwavering commitment to amplifying affected voices, and a belief in the power of independent journalism to drive real change.

    We need your help to sustain and expand our work. Your donation will support our unique approach to journalism, helping fund everything from field-based investigations to the innovative storytelling that ensures marginalised voices are heard.

    Please consider joining our membership programme. Together, we can continue to make a meaningful impact on how the world responds to crises.

    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