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EDITO
Tuesday, 22 January 2019

The European Commission has set out its ambitions for a comprehensive and innovative partnership between Africa and the EU called the Africa-Europe Alliance for Sustainable Investments and Jobs. This includes a renewed determination to boost investment for job creation and to strengthen the role of the private sector.

The African Continental Free Trade Area (AfCFTA) is one of the key priorities of Africa´s Agenda 2063 and a flagship project for the continent. Signed by 49 African countries and ratified by 13 countries so far, it needs 22 more ratifications to enter into force. In September 2018, Commission President Juncker had announced in his State of the Union address that the EU would allocate €50 million of support for the period 2018-2020.

At the Africa‑Europe High‑Level Forum in Vienna today (18/12/2018) the European Investment Bank formally agreed a total of EUR 495 million of new financing for three projects to support sustainable transport, clean energy and internet access projects in North, West and East Africa.

Professor the Hon. Robert Dussey, ACP Chief Negotiator and Stefano Manservisi, EC Director-General briefed the media in Brussels on the outcome of the meeting of the ACP EU Negotiators held on Friday 14 December 2018 at ACP House.

On 18 December 2018, at the invitation of the Chancellor of Austria, Sebastian Kurz, and the President of Rwanda, Paul Kagame, the High-Level Forum Africa-Europe was held in Vienna to discuss “Taking cooperation to the digital age”. More than fifty official delegations from member states of the African Union and the European Union took part in the Forum along with almost a thousand innovators and start‑ups from Africa and Europe, as well as established companies.