Central African Republic – Signing by Ms. Annick Girardin of the act establishing the Bêkou trust fund, a European multi-donor relief fund (Florence, July 15, 2014)
Ms. Annick Girardin, Minister of State for Development and Francophony, signed the act establishing the Bêkou (“Hope”) trust fund, a European multi-donor relief fund to promote economic recovery in the Central African Republic, on the occasion of the informal meeting of European development ministers in Florence.
This fund represents a breakthrough in terms of donor coordination and is open to European and non-European donors. With an initial amount of more than €60 million for 2014 and 2015, the fund is currently made up of contributions from the EU (€41 million), France (€10 million), Germany (€10 million) and the Netherlands. It is a further sign of European commitment in support of stabilizing the Central African Republic.