The European Union has established a close cooperation with Africa — focusing on a wide range of political and economic objectives. Since 2000, the Africa-EU partnership has implemented various programs to achieve these goals. This includes the Pan-African program, African Peace Facility, European Union Emergency Trust Fund, Africa Investment Platform, and EU-Africa Infrastructure Trust Fund.
In December 2021, the EU announced its plan to spend €26.3 billion on development projects in partner countries through its multiannual indicative programs, or MIPs.
MIPs set the EU’s objectives and priorities for development cooperation. They are financed under the Neighbourhood, Development, and International Cooperation Instrument-Global Europe, or NDICI-Global Europe — the institution’s main instrument for cooperation with partner countries.