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April 2018
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Tuesday, 24 April 2018

Grenada and the European Union have signed an agreement for just under one million euros (EC$3.3M) to support the Government’s Public Financial Management PFM) reform agenda, in line with its Growth and Poverty Reduction Strategy. PFM in general underpins fiscal and macro-economic stability, guides the allocation of public resources to national priorities, supports the efficient delivery of services, and makes possible the transparency and scrutiny of public funds. Some of the objectives under Grenada’s PFM action plan include the issue of transparency, good governance and oversight of the budget.

Monday, 23 April 2018

The European Union has agreed to provide Mozambique with 30 million euros (about 37 million US dollars) to support the campaign for improved nutrition over the next four years. The drive to combat chronic malnutrition is being undertaken by the Ministry of Health through the National Health Institute (INS). Geert Anckaert, the head of operations in the Economic Development and Governance section of the EU delegation in Maputo, announced the financing on Thursday, during the launch of a project to assess nutrition programmes and policies.

Friday, 20 April 2018

Ekaterina Zaharieva announced an EU EUR 15 million security package for southern part of the African continent. "The European Union has two major programmes in the pipeline for southern Africa within the European Development Fund: one is dedicated to peace and security, and the other one – to migration. I would like to announce that this week the EU approved a EUR 15 million package for the peace and security programme that hopefully we will be able to launch sooner rather than later."

Friday, 13 April 2018

The European Union and its Member States continue to be the world's leading provider of Official Development Assistance (ODA) with an overall amount of €75.7 billion in 2017, confirm the newly released figures by the OECD-DAC. This amount represents 0.50% of EU Gross National Income (GNI). This is significantly above the 0.21% average of the non-EU members of the Development Assistance Committee (DAC), despite a small decrease compared to the previous year. Global ODA, reported to the OECD-DAC by all donors, decreased from €131 billion in 2016 to €130 billion in 2017.

France’s development spending increased in 2017, but after years of successive decline, that has only returned it to 2012 levels. EURACTIV.fr reports. Following years of decline in the budget for development aid, France increased it by 15% between 2016 and 2017, according to statistics published by the OECD’s Development Assistance Committee (DAC) on 8 April.

Wednesday, 11 April 2018

The European Commission has announced a €106 million support package - €46 million in humanitarian assistance and €60 million for development - to directly assist people in Sudan affected by forced displacement, undernutrition, disease outbreaks and recurrent extreme climatic conditions. Some 4.8 million people in Sudan currently need urgent assistance.

Monday, 13 November 2017

Speaking to the press after the first round of talks at the EU summit on Thursday (19 October), Commission President Jean-Claude Juncker warned that EU action was “reaching its limits” due to insufficient financing. “We are reaching our limits when it comes to this Emergency Trust Fund for Africa,” Juncker said. “We started by saying that we would take €1.8bn in our hands in order to be helpful to Africa, then we increased this to €2.5, then to €2.9, then to €3.1bn, money the Commission was providing by restructuring the existing budget. Member states have so far committed €175m, this is clearly not enough,” he stated.

Monday, 23 October 2017

Moving ahead with the EIP's rapid implementation, the first Strategic Board of the European Fund for Sustainable Development (EFSD) met in Brussels on 28 September, on the same day that the entry into force of the regulation establishing the European Fund for Sustainable Development. The European Fund for Sustainable Development (EFSD) is the heart piece of the EU's new External Investment Plan (EIP). Its role is to help boosting private and public investment in our partner countries to address some of the obstacles to growth and some root reasons for irregular migration.

The agents responsible for the management and implementation of European Development Fund (EDF) resources in Central Africa are meeting to discuss this subject in Douala. The overall objective of the meeting, which began in Douala on Wednesday 4 October 2017 and runs until Thursday, is to inform stakeholders on the important changes in relations with the European Union (EU). At the same time, this consultation, which brings together the heads of the support unit for EDF National and Regional Authorising Officers from CEMAC and ECCAS countries, aims to formulate actions to make the most of the partnership with the EU, and to find ways of substantially improving the absorption of available resources.

Monday, 16 October 2017

The Department for International Development has defended its aid budget for Nigeria, which is facing an unprecedented humanitarian and security crisis caused by attacks led by the terrorist group Boko Haram. Boris Johnson, the foreign secretary, and Priti Patel, the development secretary, jointly announced £200m in aid over the next four years, during a visit to the country on Wednesday. The projected average annual funding of £50m in that time period falls short of the £100m pledged to Nigeria for 2017. But DfID played down the suggestion that the new pledge amounted to a halving of the annual budget, claiming the additional funding was part of a £300m five-year package.

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