The China Mail - Africa's 'most reliable partner' is Europe, says EU chief

USD -
AED 3.672498
AFN 65.999546
ALL 83.886299
AMD 382.569343
ANG 1.789982
AOA 916.999667
ARS 1450.724895
AUD 1.535992
AWG 1.8025
AZN 1.703625
BAM 1.701894
BBD 2.013462
BDT 121.860805
BGN 1.698675
BHD 0.376969
BIF 2951
BMD 1
BND 1.306514
BOB 6.907654
BRL 5.340706
BSD 0.999682
BTN 88.718716
BWP 13.495075
BYN 3.407518
BYR 19600
BZD 2.010599
CAD 1.40972
CDF 2221.000107
CHF 0.8083
CLF 0.024025
CLP 942.260127
CNY 7.12675
CNH 7.124335
COP 3834.5
CRC 501.842642
CUC 1
CUP 26.5
CVE 96.374981
CZK 21.130974
DJF 177.719889
DKK 6.481435
DOP 64.297733
DZD 130.702957
EGP 47.350598
ERN 15
ETB 153.125026
EUR 0.868055
FJD 2.281097
FKP 0.766404
GBP 0.765345
GEL 2.714973
GGP 0.766404
GHS 10.924959
GIP 0.766404
GMD 73.496433
GNF 8691.000207
GTQ 7.661048
GYD 209.152772
HKD 7.774794
HNL 26.359887
HRK 6.537806
HTG 130.911876
HUF 335.451502
IDR 16695.1
ILS 3.253855
IMP 0.766404
INR 88.641051
IQD 1310
IRR 42112.439107
ISK 127.05977
JEP 0.766404
JMD 160.956848
JOD 0.709027
JPY 153.633017
KES 129.201234
KGS 87.449557
KHR 4027.000211
KMF 427.999878
KPW 900.033283
KRW 1447.48028
KWD 0.30713
KYD 0.83313
KZT 525.140102
LAK 21712.500514
LBP 89549.999727
LKR 304.599802
LRD 182.625016
LSL 17.379986
LTL 2.95274
LVL 0.60489
LYD 5.455014
MAD 9.301979
MDL 17.135125
MGA 4500.000656
MKD 53.533982
MMK 2099.044592
MNT 3585.031206
MOP 8.006805
MRU 38.249781
MUR 45.999702
MVR 15.404977
MWK 1736.000423
MXN 18.58737
MYR 4.18301
MZN 63.960022
NAD 17.380215
NGN 1440.729964
NIO 36.770288
NOK 10.170899
NPR 141.949154
NZD 1.7668
OMR 0.384495
PAB 0.999687
PEN 3.376505
PGK 4.216027
PHP 58.845981
PKR 280.85006
PLN 3.69242
PYG 7077.158694
QAR 3.640957
RON 4.414195
RSD 101.74198
RUB 81.125016
RWF 1450
SAR 3.750543
SBD 8.223823
SCR 13.740948
SDG 600.503506
SEK 9.536655
SGD 1.304925
SHP 0.750259
SLE 23.200677
SLL 20969.499529
SOS 571.507056
SRD 38.558019
STD 20697.981008
STN 21.45
SVC 8.747031
SYP 11056.895466
SZL 17.38022
THB 32.350333
TJS 9.257197
TMT 3.5
TND 2.960056
TOP 2.342104
TRY 42.11875
TTD 6.775354
TWD 30.898017
TZS 2459.806973
UAH 42.064759
UGX 3491.230589
UYU 39.758439
UZS 11987.497487
VES 227.27225
VND 26315
VUV 122.169446
WST 2.82328
XAF 570.814334
XAG 0.020533
XAU 0.000249
XCD 2.70255
XCG 1.801656
XDR 0.70875
XOF 570.495888
XPF 104.149691
YER 238.497406
ZAR 17.363401
ZMK 9001.204121
ZMW 22.392878
ZWL 321.999592
  • CMSC

    0.2400

    23.83

    +1.01%

  • SCS

    0.0600

    15.93

    +0.38%

  • BCC

    0.9700

    71.38

    +1.36%

  • CMSD

    0.1900

    24.01

    +0.79%

  • RIO

    1.1700

    69.06

    +1.69%

  • RBGPF

    0.0000

    76

    0%

  • NGG

    0.2300

    75.37

    +0.31%

  • BCE

    0.1000

    22.39

    +0.45%

  • JRI

    0.0700

    13.77

    +0.51%

  • RELX

    0.2800

    44.58

    +0.63%

  • RYCEF

    0.1500

    15.1

    +0.99%

  • GSK

    -0.1300

    46.69

    -0.28%

  • BTI

    0.9000

    53.88

    +1.67%

  • BP

    0.5600

    35.68

    +1.57%

  • VOD

    0.0700

    11.27

    +0.62%

  • AZN

    -0.8800

    81.15

    -1.08%

Africa's 'most reliable partner' is Europe, says EU chief
Africa's 'most reliable partner' is Europe, says EU chief

Africa's 'most reliable partner' is Europe, says EU chief

As China and Russia court impoverished and fragile African states with offers of security or loans, EU chief Ursula von der Leyen says Europe offers the continent the "most reliable" partnership.

Text size:

In an interview with AFP ahead of a visit to Senegal, Von der Leyen said she will use the trip to unveil the first African scheme in a new investment scheme dubbed Global Gateway.

Seen as the European Union's response to China's Belt and Road strategy, Global Gateway aims to mobilise investments of up to 300 billion euros ($340bn) for public and private infrastructure around the world.

The president of the EU's powerful executive, Von der Leyen arrives in Dakar on Wednesday to prepare for a summit between the EU and African Union on February 17-18.

On Thursday, she will meet Senegalese President Macky Sall, who has recently assumed the AU presidency.

Von der Leyen responded to written questions from AFP. Her replies have been edited for length and clarity.

What can we expect from the EU-AU summit?

This summit is of crucial importance. I see it as an opportunity to strengthen a partnership that Africa and Europe need.

First of all, because we need to work more together to tackle today's challenges -- like the already very real impact of climate change or health.

But above all, we need to set our own positive agenda, one of shared prosperity and sustainable growth that directly benefits our people. This is what Global Gateway is all about.

In Dakar, I will announce the very first regional plan under Global Gateway: the Africa-Europe plan. And the summit should identify a first set of strategic interventions in infrastructure, value-chain and private-sector development, vocational training and health.

Does the summit aim to counteract Russia or China's influence?

The European Union is the most reliable and loyal partner for Africa. Every year, the EU invests 20 billion (euros) in grants in the continent, plus loans and guarantees.

(Investment options in Africa) too often have hidden costs. The financial, political, environmental and social costs are sometimes very heavy. These options often create more dependency than real links.

Global Gateway is a different proposition. It is an investment anchored in the values to which Europe is attached -- transparency, good governance, concern for the environment and the wellbeing of population.

Will the summit address the growing number of coups in Africa?

The stability of the region and the need to avoid the upheaval of political systems brought about by force are priority issues on the summit agenda.

I believe that these issues are not distractions from our objectives for the summit, but clear indicators of the need to work together to make a difference on the ground: to improve people's lives, to strengthen governance, to provide better opportunities.

Leading African figures have demanded that the EU lift coronavirus vaccine patents. Will it do so?

The lifting of patents is not a miracle solution that will rapidly develop local production capacity. It could also have significant negative consequences for financing innovation.

Voluntary licensing is the best way to ensure the necessary transfer of technology and know-how as well as intellectual property rights.

But I have listened carefully to countries that complain about the difficulty of using the existing flexibilities in the area of compulsory licensing.

That is why we have made proposals that will facilitate the use of compulsory licences [which allows for use of a patent without the permission of the patent owner].

In parallel, the EU is investing massively to increase production capacity in Africa, with more than one billion euros committed to this effort.

P.Ho--ThChM