The European Business Council for Africa

Le Conseil d’administration du Fonds africain de développement a approuvé, mercredi 15 septembre à Abidjan, l’octroi d’un financement de 59,43 millions d’euros au Burkina Faso pour accroître l’accès durable à l’électricité afin d’améliorer les conditions de vie des populations.

Le financement issu du guichet concessionnel du Groupe de la Banque africaine de développement se compose d’un prêt de 41,60 millions d’euros et d’un don de 17,83 millions d’euros. D’autre part, le Fonds pour l'énergie durable en Afrique (SEFA, un fonds spécial multi-donateurs géré par la Banque africaine de développement) versera un don de 130 000 euros.

The African Development Bank Vice President for Agriculture, Human and Social Development, Beth Dunford, led a mission to Cote d’Ivoire’s capital Yamoussoukro, on 16 September to assess progress on a Bank-supported agro-industrial cluster in Bélier.

The mission, that included Marie-Laure Akin Olugbade, Director General for West Africa and Bank Directors for Agriculture and Agroindustry as well as for Agricultural Finance and Rural Development, Martin Fregene and Atsuko Toda, respectively, was received by Adjoumani Kobenan, Côte d'Ivoire’s Minister for Agriculture and Rural Development. Also present were Kaba Nialé, who serves as Minister of Planning and Development and as an African Development Bank Governor for Côte d'Ivoire, as well as Augustin Thiam, political governor of Yamoussoukro District.

The Board of Directors of the African Development Fund on Wednesday approved a loan of around $116 million to the Tanzanian government to upgrade a 160-km Mnivata-Newala-Masasi road corridor in the southern part of the country.

The Bank’s loan represents 98.71% of the project cost; the government of Tanzania will provide the remaining 1.29% in funding.

The project will upgrade the roadway, including the 84-meter Mwiti bridge, to bituminous standard. The works also have social components, including the provision of potable water, education and medical infrastructure, the establishment of cashew nut processing units, and extension of entrepreneurial training to women and youth.

The European Union condemns the execution on 18 September of nine persons, possibly including a minor, by Ansar Allah in Sana’a. There are also reports of irregularities in the judicial process, and allegations of mistreatment.

The European Union strongly opposes the death penalty at all times and in all circumstances. It is a cruel and inhumane punishment, which fails to act as a deterrent to crime and represents an unacceptable denial of human dignity and integrity.

Le Haut représentant de l’Union européenne pour les affaires étrangères et la politique de sécurité / Vice-président de la Commission européenne Josep Borrell s’est entretenu jeudi avec le Ministre des Affaires étrangères du Gouvernement de la Transition du Mali Abdoulaye Diop à New-York, en marge de l’Assemblée générale des Nations Unies.

Au cours de cet échange, le Haut représentant/Vice-président a relayé les vives préoccupations de l’Union européenne face à la dégradation continue du contexte politique, social, humanitaire et sécuritaire du Mali.

The Sustainable Energy Fund for Africa (SEFA) has approved a $1 million grant for modernization of Africa’s aging hydropower fleet.

The grant will fund the mapping and evaluation of African hydropower facilities’ rehabilitation needs. It will also support the preparation of modernization works for two pilot facilities to a bankable stage, a move expected to add 200 MW in generation capacity, create 150 jobs and reduce greenhouse gas emissions by about 300 kilotons of CO2 annually. The modernization of hydropower stations is an opportunity to increase generation capacity at low-cost, and with relatively short lead-times and minimal environmental impact.

The EU calls on President Mohamed Abdullahi Mohamed and Prime Minister Roble to bring to an end the current political stand-off. The electoral process must continue to move forward peacefully, in line with the previously agreed timetable of 27 May. This is key for the wellbeing of the Somali population.

Speech delivered by Commissioner for Home Affairs, Ylva Johansson

Ms President, Honourable Members,

Thank you for this debate that I take on behalf of the High Representative/Vice-President [Josep] Borrell.

Kenya is a key partner of the European Union and a pillar of stability in a troubled East Africa. President of the European Council, Charles Michel, and President [of Kenya, Uhuru] Kenyatta have decided in June 2021 to further deepen the European Union-Kenya relations by launching a strategic dialogue on issues and agendas of common interest.

The European Union and Kenya share common values and principles, and the European Union recognises and appreciates Kenya’s long history of hosting hundreds of thousands of refugees and providing protection to those fleeing persecution, conflict and other forms of insecurity.

The Board of Directors of the African Development Bank Group has approved a $50 million Trade Finance Unfunded Risk Participation Agreement (RPA) facility between the African Development Bank and Standard Chartered Bank. The agreement is expected to boost intra-Africa trade, promote regional integration, and contribute to the reduction of the trade finance gap in Africa, in line with implementation aspirations of the African Continental Free Trade Area (AfCFTA).

Since the outbreak of COVID-19 in early 2020, the EU, EU Member States and European financial institutions, as Team Europe, have disbursed €34 billion in support to partner countries in addressing the pandemic and its consequences, delivering on its promises with concrete results. This disbursement already exceeds by far the initial €20 billion Team Europe support package pledged in spring 2020, which has now increased to €46 billion.