An initial amount of €325 million will be committed for 2014.
The European Commission has said it would fund the moves to restore peace and security in Africa with €750 million.
This was made known, in a statement, Wednesday, by the European Union commissioner for development, Andris Piebalgs.
The President of the European Commission, José Barrosomade, had also hinted this at the Africa-EU summit in April.
The fund provided is to aid the African Union, AU, and the African sub-regional organisations. The money would be routed through the African Peace Facility, APF, to support their efforts in peace and security.
“Today the EU has adopted an action programme that will provide up to €750 million during the period 2014-2016 to support peace and security in Africa.”
“The new funding had been announced by the President of the European
Commission, José Manuel Barroso, at the Africa- EU summit in April and will be channelled through the African Peace Facility (APF) to support the African Union and African sub-regional organisations in their peace and security efforts”
“An initial amount of €325 million will be committed for 2014 and funding will rapidly be made available to support ongoing peace operations,” the EU said in the statement.
The EU held that APF is a central in the cooperation between Africa and the EU on peace and security. It said with funds, “the APF will continue to support the following three main areas: African-led peace operations, the strengthening of the African Peace and Security Architecture (APSA) and quick impact actions aimed at conflict prevention and crisis management.”
The APF is a non-governmental organisation, NGO, created for the
purpose of promoting peace and security in Africa.
Mr. Piebalgs said the fund would be important for progressive
non-governmental organisations like African Union Mission to Somalia,
AMISOM, and African-led International Support Mission to the Central
African Republic, MISCA.
“Today’s new and significant financial contribution demonstrates the EU’s continued commitment to supporting Africa in its work for peace and security.
“The funding will allow us to extend the EU’s support that is essential for the success of ongoing African-led peace operations such as AMISOM in Somalia and MISCA in the Central African Republic,” Mr. Piebalgs said in the statement.