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Horn of Africa: EU approves €99.5 mln support for vulnerable communities

Monday, 03 June 2019 15:09
Horn of Africa: EU approves €99.5 mln support for vulnerable communities

(Ecofin Agency) - The European Union (EU) will raise €99.5 million to support the most vulnerable communities in the Horn of Africa. This was announced by the European Commission in a release published on May 29, 2019. “The nearly €100 million we have approved will support vulnerable communities, contributing therefore directly to that peace and stability," said Neven Mimica (photo), Commissioner for International Cooperation and Development, according to the release.

This support falls within the framework of the EU Emergency Trust Fund for Africa established in 2015 to fund solutions to the root causes of instability, irregular migration and forced displacements.

The commission explains seven new projects have been approved and additional funds raised to support ongoing efforts aimed at helping the most vulnerable people in the Horn of Africa, South Sudan, Sudan, Ethiopia and the Great Lakes region notably.

Migration challenges in this region, which hosts the highest number of refugees in the world, will continue to be addressed through the second phase of the Better Migration Management Programme (€30 million), the commission adds

The EU Emergency Trust Fund for Africa now counts 200 programmes approved for the three regions concerned by the trust (North Africa, the Great Lakes region and the Horn of Africa) for a total of €4 billion investment.

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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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