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Secretary of Treasury Jacob J. Lew and EU International Cooperation and Development Commissioner Neven Mimica sign MOU to strengthen US-EU coordination

Addressing the critical need to finance infrastructure in Africa is a core theme at the United Nation’s Third International Conference on Financing for Development in Ethiopia.  To support these efforts to improve power generation and  access to electricity in sub-Saharan Africa, Secretary of Treasury Jacob J. Lew, and European Union (EU) Commissioner Neven Mimica today signed a Memorandum of Understanding (MOU) to enhance coordination between the EU and Power Africa that will deepen their ongoing long-term engagement with partner countries and the private sector to assist developing countries increase access to electricity for over 600 million people in sub-Saharan Africa.

The African Union Commission launched on Monday July 13th the African Regional Nutrition Strategy (ARNS 2016-2025) a continental roadmap to enhance and promote nutrition in Africa. The strategy incorporates emerging nutrition concerns and sets clear targets, which includes the attainment of a 40 per cent reduction in stunting and a 5 per cent reduction in wasting among children under five years of age by 2025.

12 Billion USD Mobilized for the front runners; Ethiopia, Kenya, Tanzania and DR. Congo

A key financing platform for the United Nations Secretary-General’s Global Strategy for Women’s, Children’s and Adolescents’ Health and the Sustainable Development Goals, the Global Financing Facility (GFF) launched here in Addis Abeba on Monday at the Third International Financing for Development Conference.