Africa-Europe Alliance: EU invests over €100 million in African economic integration

09-07-2019
Africa-Europe Alliance
Africa-Europe Alliance
Copyright: ©EU

The European Commission recently adopted a set of projects in support of African economic integration. The initiatives, worth €101.5 million, focus on infrastructure, intellectual property rights and improving the investment climate in Africa.

These new projects are the first batch of 2019 actions financed by the Pan-African Programme. The bulk of the funding for 2019 (€90 million) will be for blending projects, which are part of the EU External Investment Plan (notably its Africa Investment Platform).

The Pan-African Programme supports the Africa-EU Partnership and covers Africa as a whole, through projects with a trans-regional, continental or global added value.

 

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Press release

PanAf Annual Action Programme 2019