Public Management

EU-AU summit: Leaders to meet in Paris before gathering in Brussels

EU-AU summit: Leaders to meet in Paris before gathering in Brussels
Wednesday, 16 February 2022 17:04

On the sidelines of the EU-AU summit scheduled for next February 17-18 in Brussels, several African and French leaders are expected to hold meetings in Paris ahead of the actual summit.

One of the preliminary meetings concerns “investing together, for a new alliance between Africa and Europe.” It will be organized in partnership with the French Development Agency and be attended by Presidents Emmanuel Macron (who currently holds the EU presidency) and Macky Sall, the current AU Chairman. With Akinwumi Adesina, President of the AfDB, Makhtar Diop, CEO of the International Finance Corporation, and Serge Ekue, President of BOAD, among others, the leaders will discuss infrastructure investments and SMEs, and how to restructure relations between Europe and Africa. It is not specified whether they will discuss the issue of the European Global Gateway project in Africa.

Another meeting that does not appear on the agenda of the French presidency but which is announced by Bloomberg is the dinner that the French president should host for some African heads of state, including those of the Sahel zone. This may be an opportunity to give more details on the conditions for the withdrawal of French forces. The presidents of Chad, Mauritania, and Niger are expected to attend the dinner but the presence of Malian authorities is not certain, nor that of the leaders of Burkina Faso.

As a reminder, Ursula von der Leyen, the president of the European Union Commission, during her recent tour of Africa, announced a €150 billion program for the coming years without any further details. Many of Africa’s leaders have reservations about the collaboration. Indeed, two promises made by President Macron are still pending, namely a real program on African debt and the redistribution of special drawing rights worth $100 billion to developing countries.

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
• Kasada obtains €15 million (around $17.4 million) loan from Africa Go Green fund.• Funds will support construction of a sustainable hotel in...
• Ecobank is selling its Mozambique unit to FDH Bank as part of a strategic shift.• The sale will be fully funded by FDH Bank’s own capital, pending...
• New system will link banks, fintechs, and mobile operators in a single platform• Real-time transfers and payments to be available 24/7 across all...
• The auction is the first 25-year bond (UGX 500B), scheduled for Aug 6, aims to extend debt maturities and ease fiscal pressure.• Targets long-term...
Most Read
01

• Ivory Coast is said to be negotiating a €800M syndicated loan with Standard Chartered and Soc...

Ivory Coast Said in Talks for €800 Million Syndicated Loan to Refinance Debt
02

• Mali seeks $176M via WAEMU bond offering launched July 28, with 7- and 5-year tranches at 6.5...

Mali Launches A Two-Tranche Bond Sale, Targeting $176 Million
03

Located on the southeastern coast of Zanzibar, Jambiani is a coastal village that captivates visitor...

Jambiani: A Fishing Village in a Paradise Setting
04

Credit stress rose as NPLs hit 14.3% by Nov 2024, driven by BEAC's rate hike to 6.75%. Concen...

Cameroon Banks: Compliance Holds Up Even as Bad Loans Climb, According to AFDB
05

MTN Uganda, MTN Mobile Money and the Uganda Hotel Owners Association signed an MoU on 1 August 202...

MTN Group On A MoU To Accelerate Hospitality Services Digitization in Uganda
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.