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EU seeks to deepen trade ties with Africa at summit in Angola
The EU aims to secure critical minerals and boost investment through its Global Gateway initiative, with Africa accounting for one-third of EU trade, officials said.
- On Tuesday, European Union leaders and African Union counterparts met at Luanda's new convention centre as the summit entered its final stage, pressing to deepen ties and address migration and critical minerals.
- Brussels is betting on its Global Gateway initiative to invest 150 billion by 2027, currently only 30 billion short, with the European Commission aiming to deepen African ties.
- Economic and resource statistics underscore Africa's strategic importance to Europe, with EU-Africa trade hitting 467 billion euros in 2023 and Africa holding 30 per cent of mineral reserves and 60 per cent of the world's best solar resources.
- A strong EU turnout was meant to signal intent, but flight troubles grounded Denmark's Mette Frederiksen, Luxembourg's Luc Frieden, and EU foreign policy chief Kaja Kallas, while about a dozen EU leaders flew in and others left early.
- Competition from China, the United States and Russia frames Europe's push for deeper ties as Africa becomes a battleground for critical minerals and energy after the G20 meeting in South Africa.
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Europe and Africa are negotiating in Angola on raw materials, security and the investment initiative Global Gateway. Can the European Union still score points in the race with China?
·Bonn, Germany
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EU, Africa talks hone in on closer ties in Angola
European leaders sought to put some meat on the bones of pledges to boost ties with Africa on Tuesday as an Angola summit with their African counterparts entered its final stage. Migration, trade, and cooperation on global issues are on the agenda of the second day of EU-African Union talks in Luanda, which were partially
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Total News Sources41
Leaning Left3Leaning Right2Center7Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 25%
C 58%
R 17%
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