The European Union (EU) yesterday, announced that it has launched a €44 billion Africa economic development fund aimed at helping Nigeria and other African countries drive economic growth and development.
Read Also
- Nigeria’s Removal from EU Financial High-Risk List to Enhance Access to European Markets – FG
- EU Actively Supporting Nigeria's Fight Against Insecurity - Gautier Mignot
- FG, EU, Sign Agreements to Boost Local Manufacturing, Reproductive Health in West Africa
- EU Provides N320.5B Credit Line to Boost Nigeria’s Agricultural Sector
The Vice President, EU, Digital Single Market, Andrus Ansip, said EU is already developing a strategic framework for the implementation and disbursement of the fund, maintaining that the EU is also designing security measures to ensure the fund is effectively and efficiently disbursed.
