News

Europe Must Change Its Approach to Africa | by Carlos Lopes

0

While Africa strategically repositions itself in today’s multipolar world, the European Union remains largely complacent in the outdated belief that it is the continent’s leading patron. But a shifting global economic landscape offers Europe an opportunity to start engaging with Africa on equal terms.

CAPE TOWN – In recent years, China has surpassed Europe in terms of both trade with Sub-Saharan Africa and infrastructure investment there. The Gulf states have been reshaping financial flows on the continent, while Brazil, India, and Turkey have been deepening their ties with African countries as well. Meanwhile, African leaders have established the African Continental Free Trade Area (AfCFTA), which is set to transform intra-African trade. And yet, the European Union continues to operate under the delusion that it is Africa’s main partner.

Source

Africa Could Unlock $103bn a Year from Generative AI, McKinsey Says

Previous article

Mauritania’s Mohamed Ould Abdel Aziz Sentenced to 15 Years for Corruption

Next article

You may also like

Comments

Leave a reply

Your email address will not be published. Required fields are marked *

More in News