EU avails funds to boost Africa security


European Union flag

from MASAHUDU KUNATEH in Accra, Ghana
ACCRA – THE European Union (EU) has adopted an action programme that will culminate in the provision of up to €750 million during the period 2014-2016 to support peace and security in Africa.

This follows the announcement by the President of the European Commission, José Manuel Barroso, at the Africa-EU summit in April.

The funds will be channelled through the African Peace Facility (APF) to support the African Union and African sub-regional organisations in their peace and security efforts.

An initial amount of €325 million will be committed for 2014 and funding will rapidly be made available to support ongoing peace operations.

Andris Piebalgs, EU Commissioner for Development said since its creation in 2004, the African Peace Facility has had a direct and positive impact on the lives of hundreds of thousands of Africans who are affected by conflicts and crises.

“Today’s new and significant financial contribution demonstrates the EU’s continued commitment to supporting Africa in its work for peace and security.

“The funding will allow us to extend the EU’s support that is essential for the success of ongoing African-led peace operations such as AMISOM in Somalia and MISCA in the Central African Republic,” said Piebalgs.

The APF is a central instrument in cooperation between Africa and the EU on peace and security.

The new action programme also introduces simplified and swifter decision-making procedures for extending or renewing support to on-going peace operations.

– CAJ News






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Posted by on Jul 16 2014. Filed under Africa & World, Finance, Finance & Banking, News, Regional. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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