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Burkina Faso: EU to grant $60M to restore security

Friday, 08 June 2018 17:15

(Ecofin Agency) - The European Union will approve a financing worth $60 million to fight insecurity in Burkina Faso. The European Union Commissioner for International Cooperation and Development Neven Mimica (photo) said this week.

According to information relayed by Xinhua, the amount will help implement the “Sahel Emergency Program” (Programme d’urgence pour le Sahel) initiated by the government. The program aims to reduce insecurity level in northern Burkina Faso, one of the poorest regions in the country, which has been under terrorist attack for about three years. It will help the government to ensure a better access to basic social services by vulnerable populations in this part of the country.

Let’s note that Burkina Faso will benefit from an additional $1.1 million granted by the European institution to build capacities of its decentralized structures within the Sahel region. The 3-year emergency plan was launched in 2017 and scheduled to end in 2020.

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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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