Ethiopia Inks a USD 69.2 million Grant Agreement with IFAD

Addis Ababa, July 29, 2025 (ENA)—The Government of Ethiopia and the International Fund for Agricultural Development (IFAD) have signed a Grant Agreement amounting to USD 69.2 million for the implementation of Phase II of the Lowland Livelihoods Resilience Project (LLRP II)

The agreement is designed to strengthen the livelihoods and bolster the climate resilience of pastoral and agropastoral communities in Ethiopia’s lowland regions.

Cofinanced with the World Bank, the project will directly benefit 3 million people across eight regions through interventions in areas of Climate-Smart Livelihoods, Commercialization and Diversification, Integrated Rangeland Management, and Disaster Risk Reduction.

This project builds upon the successes of previous collaborations in Phase I, particularly in mitigating climate shocks through improved early warning systems, sustainable rangeland management, and the promotion of climate-resilient agricultural practices.

The Grant Agreement was signed between Ahmed Shide, Minister of Finance, and Alvaro Lario, President of IFAD, who is concluding his participation in the global Food Systems Summit in Addis Ababa