In Tripoli, EU to Offer Revamped Aid Package for Africa

The opening session of the European Union-Africa Business Forum in Tripoli, Libya. Leaders from the EU and Africa will meet starting today in the Libyan capital for the third EU-Africa summit, where the bloc is expected to unveil a revamped aid package for the continent. Photo by: European Union

The European Union is expected to unveil a revamped aid package for Africa in the third EU-African Union Summit that starts today (Nov. 29).

European Commission President Jose Manuel Barroso said he is due to submit concrete proposals for the future of the Africa-EU strategic partnership drafted in Lisbon in 2007. He said the bloc’s enhanced aid strategy for the continent, which is still in the works, will focus on linking EU’s political strategies with AU’s.

African and European leaders are meeting in Tripoli until Nov. 30 to adopt a second three-year action plan for the joint Africa-EU strategy.

The EU has allotted euro24.4 billion (USD32 billion) for the joint strategy. It has committed euro16 billion for projects under the Lisbon accord, PANA reports.

Meanwhile, the Global Alliance for Improved Nutrition is urging participants of the EU-AU summit to place food security and agriculture goals high on the meeting’s agenda.

“If we can do this, and create a movement of governments, citizens and the private food producers we can achieve the good nutrition required to achieve the Millennium Development Goals” said Jay Naidoo, chair of GAIN’s board.

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.