EU Trust-Fund for stability and migration in Africa - New project approved for Eritrea
The project aims to create an enabling environment for employment creation for young people. It will do so in particular through multiple vocational training actions and development of entrepreneurial skills in manufacturing sectors of the economy, and through supporting the development of national labour policies and the creation of a more conducive business environment.
Background
The European Commission launched an “Emergency Trust Fund for stability and addressing root causes of irregular migration and displaced persons in Africa” at the Valletta migration summit in November 2015. The Fund is made up of over €2.4 billion from the EU budget and European Development Fund, combined with contributions from EU Member States and other donors.