40 African heads of state head to Brussels for EU Summit
A session during the 35th Ordinary Session of the African Union (AU) Summit in Addis Ababa, Ethiopia, on February 5, 2022. More than 40 African heads of state are expected at the EU-AU Summit in Europe. PHOTO | AFP
As part of a wide-ranging package of financing, officials said the EU is allocating up to $170 billion worth of funding for Africa to go into investments in transport, economic integration, green energy, healthcare and security programmes in the next two years.
Activists called for “fairness” in negotiating financing deals, warning the African continent that Covid-19 has posed unprecedented challenges, with countries diverting reserves, delaying repayments or borrowing to respond to the pandemic.
