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EU: Emergency trust fund for Africa


Wednesday, 23 September 2015

EU: Emergency trust fund for Africa

The EU believes in promoting better opportunities, security, development and better migration management in African countries of origin, such as Kenya. In fact, as announced by President of the European Commission Jean Claude Juncker on 9 September 2015, the EU is preparing to launch an Emergency Trust Fund of about €1.8 billion to address the root causes of instability in the countries of origin as well as to tackle illegal migration and displacement. One such project from this Emergency Trust Fund, with a budget of around €30 million, could be to provide socio-economic opportunities in Coastal Kenya (such as in the fisheries sector) where high poverty rates of up to 80% persist.

Source: diplomaticintelligence.eu