Malawi secures €560m EU cooperation agreement

European Union and Malawi government have signed an agreement for future cooperation amounting to €560 million under the National Indicative Programme (NIP), until 2020.

Malawi Finance Minister Goodall Gondwe: EU boost

Malawi Finance Minister Goodall Gondwe: EU boost

Neven Mimica: mportant step forward in the strong partnership between the EU and Malawi

Neven Mimica: important step forward in the strong partnership between the EU and Malawi

In a statement issued Friday in Brussels, the cooperation will focus on three main sectors: governance, sustainable agriculture and secondary education and vocational training.

Commissioner for International Development and Cooperation Neven Mimica says the agreement is another milestone and an important step forward in the strong partnership between the EU and Malawi.

“We will continue working closely with the Malawian government, the private sector and civil society to strengthen the country’s capacities and long term development. The substantial EU funding combined with necessary reforms and political dialogue will help Malawi to move towards sustainable economic growth and poverty reduction,” he said.

The statement further says the NIP will pursue the following objectives:

Governance (€120 million): The objective is to contribute to Malawi’s poverty reduction efforts by strengthening democratic governance, accountability and the rule of law.

Sustainable Agriculture (€250 million): To stimulate sustainable development, support will be provided to transform agriculture from a sector largely based on low-value and subsistence production to a competitive, sustainable, and private sector driven inclusive agriculture bringing economic growth, improved livelihoods, decent jobs, and food and nutrition security, whilst reducing vulnerability to climate change and natural disasters.

Secondary education and vocational training (€160 million): The aim is to empower the education sector and foster its capacity to satisfy the economy’s need for skilled professionals through expansion and improvement of equitable and gender-balanced secondary education and vocational Training.

“As a joint framework between the government of Malawi and the EU, the NIP will guide the formulation and implementation of projects financed by the 11th European Development Fund,” reads the statement.

The European Development Fund (EDF) is the main instrument for EU aid for development cooperation with the African, Caribbean, and Pacific countries (ACP) and is funded with contributions from the EU Member States.

National Indicative Programmes represent an important step in the programming of EU aid under the EDF. Preparations are done in close cooperation with the partner countries so as to ensure that NIPs support national priorities where the EU has a value added.

Follow and Subscribe Nyasa TV :

Please share this Article if you like Email This Post Email This Post

More From Nyasatimes

More From the World

15 thoughts on “Malawi secures €560m EU cooperation agreement”

  1. Patrick Nkhoma says:

    Congratulations to both government of Malawi and EU………love one another!

  2. John says:

    120 million euros is too much money for doing campaigns on mathanyula alone.

  3. A trevor osazipha nd likwitimba lanulo moyo wawu munyaruda basi karapawo isssssssa

  4. milazi says:

    I like that

  5. Trevor Manyi says:

    Straight into Mathanyulas pocket

  6. Shams says:

    Welcome but we don’t need any strong strings attached like homosexual kulibwino mukagwele nazo ndalama za nyasizo.

  7. Vizara says:

    The most importance phrase is ” democratic governance, accountability and rule of Law. Lets do that before you can grin Ba Goodall.

  8. [email protected] says:

    Why are YOU EU pretending to help Malawi? If you can not help Greece, Portugal, Spain how can you help Malawi?.

    You make us lazy with these handouts. Please, its time we stood on our own hand relied on ourself.

    Is that what you do to your own kids. Alway wiping their ass even when they are grown up. I cant let my mum do that to me even if she wanted. Come on EU. This is Madness!!!!!!!!!!!!!

  9. jack Phalombe says:

    Good development

  10. Wa Nzeru Wa Kummawa says:

    This is great news. Thank you EU. We know you wish as well but it’s just that we are failures. I like the notion that EU will be involved in the formulation and implementation of the projects. Please keep an unblinking eye on these funds lest they grow wings.

  11. Judge Not says:

    DPP 2019 Boma!!!!

  12. ujeni says:

    Azungu are clever, they hoodwinck you by giving a dull government a loan into areas that will never ever lift Malawi up and compete with them. Malawi need electricity and piped water supply urgently. Road network does not exist in Malawi. Only China is genuinly helping on areas that will lift Malawi out of poverty. Long live China.

  13. ben says:

    We are grateful to EU thanks you are friend indeed

  14. Phodogoma says:

    Wadada, why salivating as if the money is already in your hands.

  15. Kadakwiza says:

    Now you are talking. This is what we Malawians want. Thank you government. Keep it up. We need jobs.

Comments are closed.