Tag: Africa
Humanitarian Aid: Additional €50 million to tackle #Drought in #HornOfAfrica
The European Commission is mobilizing a further €50 million in emergency humanitarian funding to help the people hit by drought in the Horn of Africa. With many in the region relying on livestock herding and subsistence farming, the prolonged drought is having devastating consequences on food availability and livelihoods. Today’s additional funding brings total EU […]
#Technology remains saving grace of #Africa
If Africa is to truly move forward and be competitive in the world economies, all sectors of the continent including health, education, infrastructure, security, logistics, finance, media and others must embrace technology, writes Elizabeth Adeshina (pictured). Science and technology is a game changer that is making significant global strides in solving problems. Africa can use […]
#AfricanPeaceFacility – African Union Peace & Security Operations boosted by additional €800 million from European Union
The Chairperson of the African Union Commission, Moussa Faki Mahamat, and the EU Commissioner for International Cooperation and Development, Neven Mimica, today announced the signing of an agreement through which the EU commits a further €800 million to support the African Union in its efforts to promote peace, security and stability in Africa within the context […]
#HumanitarianAid – Over €110 million in the #HornOfAfrica
As the Horn of Africa region continues to be afflicted by severe and prolonged humanitarian crises, the EU announces a new aid package worth €110.5 million. Since 2018, the EU has provided humanitarian assistance in the Horn of Africa totalling €316.5m. Humanitarian Aid and Crisis Management Commissioner Christos Stylianides said: “The EU is committed to assist […]
#Huawei Abraham Liu: ‘Huawei helped millions of African people’
At today’s (24 June) Bruegel event on ‘China’s Investments in Africa: Consequences for Europe’ held in Brussels, Abraham Liu (pictured), chief representative of Huawei to the EU institutions, has pointed out to the significant contribution of Huawei towards the ICT transformation in Africa. “Many places in Africa are still waiting to be connected. However, we […]
#AfricaEuropeAlliance – A political declaration for a stronger partnership in agriculture, food and farming
On the occasion of the third African Union – European Union agricultural ministerial conference, African Union and the European Union representatives will for the first time endorse a Political Declaration, accompanied by an action agenda, with the overall aim of further strengthening the Africa-EU partnership in food and farming at all levels. From climate action to […]
Next big investment opportunity for #Africa – #RuralDigitalization
Investors are cottoning on to Africa’s digital potential. Building on last year’s record amount of funding secured by African start-ups, this April saw Jumia, ‘Africa’s Amazon’, be valued at over $1.9 billion on the New York Stock Exchange. Meanwhile, Airtel Africa, which is the continent’s second-largest mobile operator, has confirmed its upcoming initial public offering, and […]