The EU has launched the second phase of the Pan-African Programme for an amount of €400 million. This Multiannual Indicative Programme will fund projects in Africa at continental or interregional level for the period 2018-2020 focused on three main strategic areas:
- Boosting the AU-EU political dialogue in areas of joint interest, including migration, and advocating for an effective system of good governance at pan-African level.
- Special focus will be given to enhancing young people's employability and mobility, and promoting technological innovation, reinforcing exchange programmes among African universities based on the Erasmus experience and supporting the recognition of qualifications and the harmonisation of higher education in Africa.
- Supporting African continental economic integration and the establishment of the African Continental Free Trade Area (AfCFTA), the programme will facilitate trade and investments and the development of inter-regional infrastructure.
The Pan-African Programme is the first ever EU programme in development and cooperation that covers Africa as a whole. It was adopted in 2014 for a total budget of EUR 845 million as a dedicated financial instrument to support the Africa-EU Partnership.