The announcement was made during a two-day event to discuss development cooperation with Ministers and other authorities of the involved countries and regional organisations. The new funding, still subject to confirmation by the EU Member States, will aim to benefit the 162 million citizens living in a region that has suffered from a number of armed conflicts as well as chronic poverty and malnutrition. Future programmes are expected to support investments that generate growth, improve access to basic social services (e.g. health, energy), reduce food insecurity and promote peace and stability.
EU Commissioner for Development, Andris Piebalgs announced yesterday close to 3 billion in grants for countries and organisations in the region of Central Africa for the period 2014-2020.