European Union, France and Ethiopia Sign €120 Million Flagship Agreement to Modernise Power and Digital Infrastructure
On the margins of the Africa Climate Summit 2025 in Addis Ababa, the European Union Delegation to Ethiopia and Agence Française de Développement (AFD), in true Team Europe fashion, joined the Government of Ethiopia to sign an €120 million contribution for RISED – Renewable Integrated Sustainable Energy and Digitalisation, a flagship initiative under the EU’s Global Gateway strategy.
Ethiopia: EIB Global partners with banks to unlock climate finance
The European Investment Bank’s development arm, EIB Global, has signed technical assistance agreements with Zemen Bank SC, Dashen Bank SC and Hibret Bank in Ethiopia that will support them in strengthening their ability to identify, assess, and manage climate-related risks, integrating them into their business strategies and daily operations.
European Union, France and Ethiopia Sign €120 Million Flagship Agreement to Modernise Power and Digital Infrastructure
Today, on the margins of the Africa Climate Summit 2025 in Addis Ababa, the European Union Delegation to Ethiopia and Agence Française de Développement (AFD), in true Team Europe fashion, joined the Government of Ethiopia to sign an €120 million contribution for RISED – Renewable Integrated Sustainable Energy and Digitalisation, a flagship initiative under the EU’s Global Gateway strategy. Signed at the Team Europe Pavilion, the agreement marks a major milestone in the longstanding partnership between Ethiopia and Europe.
Kenya: affordable housing projects advance with EIB Global support
The European Investment Bank’s financial backing for IHS Group’s first green affordable housing fund in Kenya is yielding important results. The bank’s development arm, EIB Global, has committed €21.5 million in equity financing to the IHS Kenya Green Housing Fund for the construction and acquisition of energy-efficient and affordable housing in Kenya.
Launch of €25 million EU-Funded ATCMA SADC Programme supporting trade competitiveness and market access in SADC region
The Southern African Development Community (SADC), in partnership with the European Union (EU), the United Nations Industrial Development Organization (UNIDO), and the International Trade Centre (ITC), officially launched the Africa Trade Competitiveness and Market Access (ATCMA) – SADC Programme.
African Union and European Union join hands to promote and invest in Circular Economy and Sustainable Growth
The African Union (AU) and the European Union (EU) officially announced the launch of the Continental Circular Economy Action Plan (CEAP) for Africa (2024–2034) today. Introduced by Moses Vilakati, AU Commissioner for Agriculture, Rural Development, Blue Economy, and Sustainable Environment, and Jessika Roswall, EU Commissioner Environment, Water Resilience and a Competitive Circular Economy, the plan is designed to advance sustainability, drive economic growth, and enhance resource efficiency across Africa over the next decade.
EU launches arbitration proceedings against Algeria’s trade and investment restrictions
Yesterday the EU requested the establishment of an arbitration panel in the dispute over Algeria’s trade and investment restrictions, which the EU believes infringe on the EU-Algeria Association Agreement.
EU-African Union to deepen cooperation at 24-25 November summit in Angola
On 24-25 November 2025, the leaders of the European Union (EU) member states and the countries of the African Union (AU) will meet in Luanda, Angola for the seventh EU-African Union summit. This multilateral summit will be co-chaired by the President of Angola, João Lourenço, and the President of the European Council, António Costa. The EU will also be represented by the President of the European Commission, Ursula von der Leyen.
European Peace Facility: Council adopts assistance measure in support of Senegal
Today the Council adopted the first assistance measures under the European Peace Facility (EPF) in support of the Armed Forces of Senegal, with the objective of contributing to security and stability in West Africa.
Central African Republic: Council extends EU military training mission until 19 September 2026
The Council has today decided to extend the mandate of the European Union Military Training Mission in the Central African Republic (EUTM RCA) until 19 September 2026.