SADC

SADC

The SADC Project Preparation and Development Facility (PPDF) is a mechanism to fund regional development. One of the key constraints for economic development in the region is the lack of appropriate infrastructure. PPDF wants to respond to this identified shortcoming by preparing a pipeline of regional economic infrastructure projects and market them for financing to private investors, international financial institutions and donors.
The SADC Trade Related Facility (TRF) is an innovative programme to strengthen implementation of existing regional trade agreements at the national level.
The overall objective of the programme is to contribute to peace and security in Southern Africa by supporting the SADC Secretariat to implement its programmes in the areas of:
Press release - Commission Decision on establishing a Trade Related Facility in favour of the Southern African Development Community to be financed from the 10th European Development Fund
Action Fiche - Commission Decision on establishing a Trade Related Facility in favour of the Southern African Development Community to be financed from the 10th European Development Fund
Commission Decision on establishing a Trade Related Facility in favour of the Southern African Development Community to be financed from the 10th European Development Fund
Trade and regional integration are the main areas of EU support to the region along with regional political cooperation and capacity building for the Secretariat of the Southern African Development Community (SADC).
Angola's political and economic situation has considerably improved during the last decade. Oil revenues are a driving force in the economy, enabling public spending to increase and placing Angola as the fourth African country in GDP growth rate in 2013. The Government has identified four priority sectors for the country's development: reconstruction and rehabilitation of social infrastructure, improvement of social situation, health and education, and capacity building for improved public-service delivery.