East Africa: EU to Grant U.S.$15.8 Million Fund for Nile Basin Initiative

The European Development Fund (EDF) Committee has given a qualified majority favourable opinion to commit 15.8 million dollars for the Nile Basin Initiative (NBI) on July 18, 2017, although Egypt was lobbying against it.

Out of the total fund, the European Union will cover 11.7 million dollars, and the German Federal Ministry for Economic Cooperation & Development (BMZ) will cover the balance.

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