At the 2878th Council meeting on General Affairs and External Relations, the Council approved an EU position on a draft decision, to be adopted by the EU-ACP committee of ambassadors, on the preparation of an action programme for the financing of the African peace facility (APF) for the period 2008-2010.
Following a request by the African Union, the EU will start preparations with a view to concluding a financial agreement on the funding of the APF.
The APF is an EU-funded instrument created in 2003 in support of peace and security in Africa in order to create better conditions for development. EUR 300 million were earmarked under the 10th European development fund for funding the APF for the period 2008-2010.
