ADDIS ABABA, Ethiopia

Visiting Ethiopia on Saturday, a newly inaugurated EU leader signed a pact to provide the Horn of Africa nation with financing totaling €170 million ($188 million). 

“For us you are just more than a neighbor,” said European Union Commission President Ursula von der Leyen during her visit, adding that the two continents share a dream of peace and prosperity. “The African Union is a partner I count on.”

Of the total financing, €100 million is direct budgetary support, €50 million is to support the health sector, €10 million is for education, and €10 million is for job

Read more: Visiting Ethiopia, EU leader signs $188M financing pact