EU promises investment in African energy in post-summit meeting

(EurActiv, 29 Nov 2022) The EU vowed to increase investment in African clean energy projects and to scale up infrastructure investment as part of its Global Gateway programme following a meeting between the European Commission and the African Union.

At the gathering in Brussels on Monday (November 28), the first since an EU-Africa summit in February, the EU agreed to launch an €750 million programme in support of infrastructure investments in transport, digitalisation and energy connectivity in Africa under the Global Gateway programme, seen as the EU’s answer to China’s Belt and Road Initiative.

Ties between Africa and the European Union have been badly strained by the Ukraine war, which has seen several EU states broker gas deals with African states, African countries badly hit by increased wheat and grain prices, and hesitance from some to take a stand against Russia.

In an interview with EURACTIV last week, EU foreign affairs chief Josep Borrell conceded that, in terms of diplomacy and influence, the EU had “been losing Africa little by little”.

The meeting also comes a week after the COP27 climate summit in Egypt produced an agreement on a ‘loss and damage’ fund but where the failure to agree on a phase out of fossil fuels collapsed prompted German Foreign Minister Annalena Baerbock to blame ‘”tonewalling and organisational shortcomings” by African states and the Egyptian presidency.

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EurActiv, 29 Nov 2022: EU promises investment in African energy in post-summit meeting