World News, Africa

New report shows EU collective ODA increases, Commissioner Piebalgs calls for more

Although the European Union and its Member States continued to be the world’s largest aid donor in 2013, EU Commissioner for Development Andris Piebalgs called on Member States to intensify efforts to increase development aid.

According to the Organization for Economic Co-Operation and Development (OECD), the EU is the world’s largest donor in 2013 providing more than half of the Official Development Assistance (ODA).

Figures published today show that EU collective ODA (EU institutions and Member States) increased from €55.3 billion in 2012 to €56.5 billion in 2013, after two consecutive years of decline. However, EU’s collective ODA remained at 0.43% of its Gross National Income (GNI), same level as the year before.

World News, Africa

Senai Wolderufael

2014 Forbes 30 Most Promising Young Entrepreneurs in Africa   Born and raised in Addis Ababa, Senai Wonderufael, 27, is a graduate of business administration and had worked for Ethiopian Airlines for four years before he embarked on making his dream of “having my own company”