AU adopts peace fund

ADDIS ABABA (HAN) July 23.2016. Public Diplomacy & Regional Security News. The annual Sh33 billion financial support by the African Union to Amisom is expected to boost operations of the peacekeeping force in Somalia.

This follows the adoption of a $325 million annual fund plan by the AU to support 25 per cent of its peace operations across the continent.

The announcement came after the European Union in May announced a 20 per cent reduction of financial aid to Amisom.

The union said the move was caused by “competing priorities in Africa and the world in general”.

The new fund dubbed AU Peace Fund was adopted by heads of states and governments during the 27th Ordinary Summit in Kigali, Rwanda, on Monday.

The AU, and particularly countries whose soldiers serve in Somalia such as Kenya, have in the past threatened not to fund Amisom.

They say that is the United Nations role. Amisom,currently operates on a $900 million (Sh 91 billion ) annual budget.



 


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