Millennium Development Goals
Many countries in Africa are confronting particular challenges in meeting the targets of the Millennium Development Goals (MDGs) by 2015, and will require a broad range of strengthened efforts to meet those targets. Such efforts must include effective action to tackle the shortfalls in policy, predictable financing, data collection and implementation capacities. Children, gender, HIV/AIDS and the environment will be addressed as crosscutting priorities.
This Africa-EU Partnership will serve as a forum for intensified continent-to-continent policy dialogue, cooperation and joint action at all levels, with a view to achieving the MDGs in all African countries.
Over 6 million people to benefit from European funds for South African water
Three European development finance partners and the Development Bank of Southern Africa (DBSA) agreed in May 2011 to finance the Mooi-Mgeni water supply project in KwaZulu-Natal. The European Investment Bank, the French Agency for Development and Germany’s KfW Entwicklungsbank (The German Development Bank), all with a strong track record of supporting water projects in South Africa, signed contracts to provide loan funding for EUR 195 million (approximately ZAR1.8 billion), to the Trans-Caledon Tunnel Authority.