EU supports 7 critical sectors in Africa with €212.5 million 

The European Commissioner for International Partnerships, Jutta Urpilainen, along with President Touray, concluded the signing of seven financing agreements totalling €212.5 million in EU support to support crucial areas in the continent.

These agreements are set to focus on various crucial areas, including trade and regional integration, energy interconnectivity, renewable energy, affordable and clean energy, sustainable food systems, food security, and migration.

This signing took place during her visit to Abuja, Nigeria, where she was joined by European Commissioner for Energy, Kadri Simson.

The new financial package for West Africa will be supplemented with additional support in the fields of peace and security, transport, water management, environment, digitalization, health, and education.

These efforts fall under the Global Gateway Africa-Europe Investment Package, as the European Union is committed to mobilizing up to €150 billion in investments for Africa between 2021 and 2027.

ThePressNG learns that this initiative aims to expedite an inclusive, green, and digital transition, fostering regional economic integration, sustainable growth, and the creation of decent job opportunities.

Commissioner Urpilainen said: “The EU is a long-term supporter of regional integration, which produces prosperity through added value. Currently, ECOWAS operates in a politically challenging context.