Europe is Africa’s most reliable partner, says European Commission President

Europe is Africa’s most reliable partner, says European Commission President

Billed as a response to China’s “New Silk Roads,” including in Africa, Global Gateway aims to mobilize up to $343 billion of public and private funds in infrastructure projects around the world by 2027 .

Von der Leyen will arrive in Dakar on Wednesday and will meet with President Macky Sall on Thursday to prepare for the European Union-African Union summit, scheduled for February 17 and 18 in Brussels.

“This summit is of crucial importance. I consider it to be an opportunity to reinforce a partnership that Africa and Europe need, because it is necessary to work together to face current challenges such as the impact of climate change or health”, details the president of the Commission.

“The European Union is the most reliable and loyal partner for Africa. Each year, the European Union (EU) invests US$22.8 billion in grants, loans and guarantees on the continent”Explain.

Regarding Africa’s claim about injustice in access to coronavirus vaccines, the EU reference points out that “the lifting of patents is not the miraculous solution to quickly develop local production capacity, since it could have important consequences negative for the financing of innovation”.

Source: Ambito

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