Home Business EU Launches €44bn Economic Development Fund for African Countries
EU Launches €44bn Economic Development Fund for African Countries
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EU Launches €44bn Economic Development Fund for African Countries

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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.

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.

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