Angola: European Commission has invested 500 million euros in Angola since 1985

8 May 2008

Luanda, Angola, 8 May – The European Commission (EC) over the last 23 years has financed projects in Angola worth a total of 500 million euros, the head of the European delegations, ambassador João Gabriel Ferreira said Wednesday in Luanda.

The diplomat was speaking to journalists at a press conference to mark Europe Day, which is celebrated on 9 May.

Amongst the funded projects are humanitarian aid during Angola’s civil war, reconstruction and rehabilitation of roads, de-mining, health, education and drinking water supply to the population.

According to Ferreira, the list also includes rural development and farming projects and construction of 50 metallic bridges to replace old ones destroyed in the war.

“Until 2012 the European Union plans to provide 214 million euros for development projects as part of the indicative programme for Portuguese-speaking African Countries (PALOP), in which Angola is included,” he said.

According to Ferreira, the amount he mentioned will be provided to countries that commit to “good governance,” for which the Angolan government has said it is available to join the programme. (macauhub)