The European Sustainable Development Fund (EFSD) was officially created on 28 September and is the first pillar of the European External Investment Plan, which by 2020 is expected to raise €44 billion in private investment in Africa and the EU's neighbouring countries to fight against the deep-rooted causes of irregular migration. Progress has now been made in identifying the priorities for use of the EFSD (see EUROPE 11869).
The Strategic Board for the EFSD met for the first time on...