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EU grants €210 million to support Angola

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Wednesday, 28 October 2015

EU grants €210 million to support Angola

The European Union (EU) has granted €210 million to Angola for cooperation and development programmes. The funding is part of the new National Indicative Programme for Angola 2014-2020 (2014/2020 PIN) which falls under EU aid for cooperation and development provided under the European Development Fund (EDF). The programmes take into account the national priorities of each of the partner countries, in areas where the EU aid brings added value. The supporting document of the EU to Angola was signed Monday in Luxembourg by the Minister of Planning and Territorial Development and the National European Development Fund Officer (EDF) for Angola, Job Graça, and the European Commissioner for International Cooperation and Development, Neven Mimica. The overall amount of financial support for the 2014-2020 period from the EU to Africa, the Caribbean and Pacific (ACP) is €31.589 billion.

Source: macauhub.com.mo