The EU Emergency Trust Fund for stability and addressing the root causes of irregular migration and displaced persons in Africa (EUTF) was launched one year ago. This paper examines how the EUTF has developed during its first year and the extent to which initial expectations and concerns regarding the trust fund are proving valid. It begins by examining the aims of the EUTF, identifying the different aspirations for the fund held by different actors and the extent to which it is likely to deliver on these. It also explores tensions around the financing and governance of the EUTF and the extent to which African partners have been involved in the trust fund. The paper goes on to look at the EUTF’s projects.
The European Commission's Directorate-General for International Cooperation and Development (DG DEVCO) and the International Trade Centre (ITC) are working together to support businesses – particularly small and medium-sized enterprises – and trade in developing countries. The Director-General of DG DEVCO, Stefano Manservisi, met ITC Executive Director Arancha González in Brussels on 9 November to discuss how better-informed decision-making can support the private sector and trade in developing countries and related aid delivery.
A new laboratory equipment donated to the Rwanda Standards Board (RSB) by the United States Agency for International Development (USAID) now positions Rwanda as a regional hub for testing samples from countries in the region, an official said yesterday. During the official hand-over ceremony, yesterday, Raymond Murenzi, acting director-general of RSB, told guests that the event epitomises the importance of USAID’s contribution to Rwanda’s efforts to enhance the trade environment.
Germany on Monday pledged a 61-million-euro ($67.44 million) hike in funding for U.N. relief operations in Africa so that fewer of its people undertake perilous odysseys to Europe, which has struggled to absorb an influx of migrants since last year. The extra funding lifts Germany's total contribution to the U.N. refugee agency UNHCR to 298 million euros for 2016, Foreign Ministry officials said. Its total humanitarian budget for 2016 was 1.28 billion euros, up from just 105 million euros in 2012.
Government needs to have a clear sectoral strategy before the disbursement of forty-five million dollars by the European Union. EU Ambassador for the Pacific, Andrew Jacobs says there were certain conditions that needed to be worked out in partnership with the Government before the financial assistance program could be rolled out. Jacobs has confirmed they are working very closely with the Sugar Ministry and Agriculture Ministry on defining benchmarks that will trigger disbursement of the support.
In a world-first, the Pacific has launched a regional industry association for practitioners involved in climate change, disasters and other sectors related to building resilience. The Pacific Regional Federation for Resilience Professionals will boost the skills, education, training and employment opportunities for diverse professionals dedicated to climate change adaptation, disaster risk reduction and maintaining ecosystem services in a highly vulnerable region. The launch by the European Union, Pacific community, and The University of the South Pacific took place at the Pacific Platform for Disaster Risk Management in Suva, Fiji, within the margins of Pacific Resilience Week 2016.
In many regions of central and northern Tanzania, lives and livelihoods suffer from periodic weather-related stress, particularly from below-normal rainfall. The resulting crop failures and loss of livestock increases economic hardship, forcing thousands of families to skip meals, sell assets, cut back on medical care, or stop attending school. While these strategies help populations live through difficult times, they dampen quality of life and limit opportunities for development.
European Union (EU) Ambassador to Liberia Tiina intelmann along with two visiting members of Estonia's parliament, on Tuesday toured EU supported projects in Liberia including the ongoing Mount Coffee Hydropower rehabilitation project. The fieldtrip gave the EU delegation the opportunity to speak directly to implementing partners. Among the projects the EU delegation visited to gauge impact were the Monrovia-Bo Waterside road, the support to Ebola affected communities in Bomi County, the site of Urban and Peri-urban Agriculture, Nutrition and Income project, and the 'Cash Transfer Scheme' to beneficiaries.
The European Investment Bank or EIB has listed renewable energy, water and livestock projects as some of the sectors of the Namibian economy that it is interested in funding. Vice president Pim van Ballekom told The Namibian that his visit to Namibia this week was to explore more investment opportunities. Van Ballekom held meetings with President Hage Geingob, finance minister Calle Schlettwein and officials of NamPower and Namibia Breweries. He said the bank's lending rates are favourable since the bank is not expected to pay dividends to the 28 members of the European Union, who are its shareholders.
The European Investment Bank (EIB), the bank of the European Union, has signed a EUR 7,5 million (N$113,5 million) credit facility with Trustco Group Holdings Limited to finance small businesses and entrepreneurs in Namibia. At a ceremony held yesterday at Trustco's headquarters, the EIB, Europe's long-term lending institution, signed the agreement with Trustco Group Holdings Limited. “The European Investment Bank has a strong track record in supporting crucial investment programmes across Africa and around the world,” said Pim van Ballekom, European Investment Bank vice president.