Posts

Showing posts with the label EU-Africa Summit

EU Africa Summit- A Silent Slap On Chinese Geopolitics

Image
The EU African Summit has some major targets to achieve. The event is to take place today in Brussels. Everyone is vying for the African pie now; more so as China eyes making this continent also grateful and indebted to it. But plans to organize a more conducive summit have been firming for the last two years between Europe and Africa. There are plans to unveil six initiatives at the Summit, including three investment packages, as part of what EU calls a ‘Prosperous and Sustainable Partnership’.   There is obviously sense of power at play, but not as stark and bad as China’s mind over sovereignty control. In a public statement, EU Commission President Ursula Von der Leyen has confirmed that investments will be the ‘heart’ of the summit. Africa should be feeling happy and elated. But it needs to move ahead with caution as well.   The promising Global Gateway is said to be comprised of an investment plan worth more than €150 billion for Africa. France is playing its own...