EU funds development projects in Angola over the next five years

6 April 2017

The European Union (EU) will provide 200 million euros for projects in the sectors of trade, energy and water supply in Angola over the next five years, said in Luanda the EU ambassador, Tomáš Uličný.


At the celebration of the 60th anniversary of the Treaty of Rome, on Monday, the ambassador told Angolan news agency Angop that in addition to financial support in the mentioned sectors, over the next six months the EU will fund the training of technicians of the National Bank of Angola.


“More than twenty Angolans will travel to Europe to receive training in banking and some European experts will come to Angola to pass on their knowledge so that the country can reach the European banking standard,” said the diplomat.


Uličný said the EU also aims to support Angola in higher education, by providing at least 8 million euros to train staff over the next two years.


Speaking specifically about the anniversary of the signing of the Treaty of Rome, which laid the foundations of what is now the European Union, the ambassador said “Europe is proud to look to the past and sees a hopeful future.” (macauhub)