Italian PM Meloni announces debt-to-investment plan for ‘vulnerable’ African countries

Italian PM Meloni Announces Debt-to-investment Plan for ‘Vulnerable’ African Countries - Thepodiummedia

Italy has launched a programme to suspend debts of African nations and convert them into investments. Giorgia Meloni, the country’s prime minister, spoke on Saturday at the 39th African Union (AU) summit in Addis Ababa, Ethiopia. The prime minister’s announcement forms part of the ‘Mattei Plan’ — a set of economic and diplomatic projects to strengthen Italy’s presence in Africa through combining investment, cooperation and anti-migration efforts…

Italian PM Meloni announces debt-to-investment plan for ‘vulnerable’ African countries

Italy has launched a programme to suspend debts of African nations and convert them into investments.   Giorgia Meloni, the country’s prime minister, spoke on Saturday at the 39th African Union (AU) summit in Addis Ababa, Ethiopia.   The prime minister’s announcement forms part of the ‘Mattei Plan’ — a set of economic and diplomatic projects to strengthen Italy’s presence in Africa through combining investment, cooperation and anti-migration eff…

Italian PM Meloni proposes climate‑shock debt suspension for African countries

Italian Prime Minister Giorgia Meloni said Italy and its African partners focused their latest talks on the continent’s debt burden, with Rome offering countries the option to suspend repayments...