Representatives from the EU and several African countries are to make decisions on Friday to attract private investment to the African continent, which will tie Europe and Africa closer together. This is what the President of the European Commission, Ursula von der Leyen, said ahead of a meeting with the parties in Rome.
The agreements will cover investments in green energy, infrastructure and education.
- It is a continent with an abundance of resources. What is missing is the infrastructure. We are working to invest in clean energy and infrastructure, she says.
It is the Italian Prime Minister, Giorgia Meloni, who has invited the countries to a discussion on investment.
The meeting brings together representatives of the countries and multilateral financial institutions as part of a plan to accelerate the Italian Mattei Plan, which aims to strengthen cooperation between the two continents.
The meeting is being held at a time when US President Donald Trump is threatening the EU with extensive tariffs that could damage European supply chains.
- We are here today to reaffirm Europe's strong commitment to a partnership with Africa, says von der Leyen.
Among those present are representatives from Zambia, Tanzania, the Democratic Republic of Congo, Angola, the African Union, the World Bank, the International Monetary Fund (IMF) and the African Development Bank (AfDB).
By concluding "several important agreements"
According to the President of the European Commission, the parties are concluding "several important agreements" that should have a "noticeable impact on the region".
- We are making our common vision a reality. Today is about implementing it, says Ursula von der Leyen.
It is positive that von der Leyen is planning to expand the EU's list of cooperation partners, believes the Confederation of Danish Industry (DI).
- It is central to strengthen cooperation between the EU and African countries as a counterweight to China and Russia's increased presence on the continent, says head of DI Global Development and Sustainability Marie Gad.
According to Gad, trade and investment are in demand by African leaders.
- Danish companies have strong positions here that we can use in the future and solve some challenges for African countries, she says.
/ritzau/
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