But, in a move likely to disappoint their African hosts, EU leaders would not make any new aid pledge or promise a write-off of African debt, said the EU officials. The meeting would focus on developing an "enhanced strategic partnership for peace, democracy and development" between the EU and Africa, he added. A total amount of €5,5-billion has been set aside for EU aid to north African nations during the period 1995-2000. But she made it clear that the projects would be financed by existing EU aid packages rather than new funds. Plans for a summit between the EU and African nations were first mooted by European leaders almost two years ago.

Source: The North Africa Journal September 12, 2017 21:22 UTC