EU seeks partnership with Africa on development.
1 report, 1 independent
Updated Jul 21
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What happened
EU seeks partnership with Africa on development.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Africa is establishing a trade partnership with Europe, with the African Export-Import Bank serving as the main financier for the continent's trade.Also in this story
- Fertilizer exports are currently underway from Africa to Europe, with Afreximbank providing support for Dangote Group's energy initiatives.
- Afreximbank committed $2.5bn to support the expansion of the Dangote Petroleum Refinery.
- South Africa joined the African Export-Import Bank as a full sovereign shareholder, alongside pushes for value addition in exports.
The entities involved
Related events
- Elaine Marshall, Secretary of State for North Carolina, is exploring international economic partnerships with Romania and seeking development opportunities in Africa.
- A partnership between the Guild of European Research-Intensive Universities and African entities focuses on transcontinental collaboration.
- Uganda strengthens partnership with the UK while Africa seeks broader trade and investment opportunities with Europe.
- Deepening collaboration between the African Development Bank and partners to fund sustainable development projects, including geothermal plant development in Kenya.
- The European Union is pressuring member states to establish return hubs within Africa.