AU, EU Launch $22mln Program to Boost Africa’s Development
Friday, 07 March 2025 09:03
The African Union (AU) and the European Union (EU) have signed a €20 million ($22 million) funding agreement for a new program aimed at accelerating the performance of their partnership. The announcement was made in a joint statement released on March 5.
The program, known as the AU-EU Partnership Performance Acceleration Program (AUPPAP), is designed to support Africa’s economic growth by strengthening capacity building and promoting integrated development. It will focus on key sectors such as digital transformation, connectivity, and energy.
AUPPAP will be implemented over two years and aligns with the AU’s Agenda 2063, the continent’s long-term development blueprint.
Additional Info
- communiques: Non
- couleur: N/A
Live News
-
Rwanda trade deficit narrows 12.5% in Q2 2025 as imports, exports fall
20:42
-
Mali rolls out new digital tools to modernize public administration
20:14
-
Orion seeks $200 mln to kickstart South Africa’s Prieska copper-zinc mine
20:00
-
BW Energy reshuffles leadership, keeps Africa core to growth strategy
19:44
-
Cameroon: Sodecoton Partners Onacc to Combat Climate Change Losses
17:33
-
Norwegian Scatec Consolidates Cameroon Solar Dominance with Second CFA25 Billion Investment
16:39
-
Cameroon Navigates Inflation: 2018-2025 Economic Overview
16:12
-
Cameroon seeks study firm for CFA500 bln national fertilizer plant project
12:56
-
Togo Highlights Role of Intellectual Property in Driving Growth
19:38
-
Togo Ramps Up Preparations for COP30 in Brazil
18:39
From Dakar to Nairobi, Kampala to Abidjan, mobile money has become a lifeline for millions of Africa...
• WAEMU posts 0.9% deflation in July, second month in a row• Food, hospitality prices drop; alcohol,...
Airtel Gabon, Moov sign deal to share telecom infrastructure Agreement aims to cut costs, boo...
Vision Invest invests $700m in Arise IIP, Africa’s largest private infrastructure deal in 202...
Even though it remains the smallest "crypto-economy" in the world, sub-Saharan Africa shows that vir...
Trade deficit down to $758.9 mln in Q2 2025 from $867.3 mln a year earlier. Exports dropped 35.6%, while imports declined 20.5%...
Local firms deliver digital solutions for transport, health, and territorial admin. Systems include biometric licenses, hospital records, and local...
Orion Minerals signs non-binding funding deal with Glencore for Prieska project. Financing of $200–250 mln planned in two stages, tied to 10-year...
Brice Morlot moves from CFO to head of operations, replacing Lin Espey. Thomas Young shifts from strategy to CFO as company targets 90,000 bpd by...
Surprisingly, only one African song made it onto Rolling Stone's list of the 500 Greatest Songs of All Time. The track is "Essence," a collaboration...
The Umhlanga Festival, also known as the “Reed Dance,” is one of the most iconic cultural events in the Kingdom of Eswatini in Southern Africa. Every...