The EU has launched the second phase of the Pan-African Programme for an amount of EUR 400 million.
This multiannual indicative programme will fund projects in Africa at continental or inter-regional level for the period 2018-2020 and focus 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. It will also re-enforce exchange programmes between African universities based on the Erasmus experience and support 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 is a dedicated financial instrument to support the Africa-EU Partnership.