The Fort Worth Press - EU, Africa talks hone in on closer ties in Angola

USD -
AED 3.672501
AFN 66.379449
ALL 81.856268
AMD 381.460062
ANG 1.790403
AOA 916.999781
ARS 1450.46303
AUD 1.491335
AWG 1.80025
AZN 1.696346
BAM 1.658674
BBD 2.014358
BDT 122.21671
BGN 1.660496
BHD 0.377225
BIF 2957.76141
BMD 1
BND 1.284077
BOB 6.926234
BRL 5.521499
BSD 1.00014
BTN 89.856547
BWP 13.14687
BYN 2.919259
BYR 19600
BZD 2.011466
CAD 1.367605
CDF 2199.999486
CHF 0.788565
CLF 0.023065
CLP 904.839828
CNY 7.028501
CNH 7.00831
COP 3743.8
CRC 499.518715
CUC 1
CUP 26.5
CVE 93.513465
CZK 20.600097
DJF 177.719777
DKK 6.343725
DOP 62.690023
DZD 129.440006
EGP 47.548502
ERN 15
ETB 155.604932
EUR 0.84928
FJD 2.269202
FKP 0.741553
GBP 0.740975
GEL 2.684963
GGP 0.741553
GHS 11.126753
GIP 0.741553
GMD 74.50406
GNF 8741.153473
GTQ 7.662397
GYD 209.237241
HKD 7.776215
HNL 26.362545
HRK 6.395802
HTG 130.951927
HUF 330.137983
IDR 16729.15
ILS 3.186033
IMP 0.741553
INR 89.829651
IQD 1310.19773
IRR 42124.999872
ISK 125.697085
JEP 0.741553
JMD 159.532199
JOD 0.708971
JPY 156.016028
KES 128.95014
KGS 87.450305
KHR 4008.85391
KMF 417.999509
KPW 900.017709
KRW 1444.450386
KWD 0.30719
KYD 0.833489
KZT 514.029352
LAK 21644.588429
LBP 89561.205624
LKR 309.599834
LRD 177.018844
LSL 16.645168
LTL 2.95274
LVL 0.60489
LYD 5.412442
MAD 9.124909
MDL 16.777482
MGA 4573.672337
MKD 52.285777
MMK 2099.828827
MNT 3555.150915
MOP 8.011093
MRU 39.604456
MUR 45.950233
MVR 15.450626
MWK 1734.230032
MXN 17.93969
MYR 4.045023
MZN 63.909854
NAD 16.645168
NGN 1450.449937
NIO 36.806642
NOK 10.006865
NPR 143.770645
NZD 1.71416
OMR 0.384496
PAB 1.000136
PEN 3.365433
PGK 4.319268
PHP 58.787498
PKR 280.16122
PLN 3.57948
PYG 6777.849865
QAR 3.645469
RON 4.325199
RSD 99.565988
RUB 78.999707
RWF 1456.65485
SAR 3.750695
SBD 8.153391
SCR 15.233419
SDG 601.501832
SEK 9.171285
SGD 1.284155
SHP 0.750259
SLE 24.075004
SLL 20969.503664
SOS 570.585342
SRD 38.335498
STD 20697.981008
STN 20.777943
SVC 8.75133
SYP 11056.879194
SZL 16.631683
THB 31.070192
TJS 9.19119
TMT 3.51
TND 2.909675
TOP 2.40776
TRY 42.846198
TTD 6.803263
TWD 31.442299
TZS 2473.447015
UAH 42.191946
UGX 3610.273633
UYU 39.087976
UZS 12053.751267
VES 288.088835
VND 26320
VUV 121.140543
WST 2.788621
XAF 556.301203
XAG 0.013898
XAU 0.000223
XCD 2.70255
XCG 1.802508
XDR 0.691025
XOF 556.303562
XPF 101.141939
YER 238.450082
ZAR 16.667504
ZMK 9001.189039
ZMW 22.577472
ZWL 321.999592
  • RBGPF

    1.0400

    81.26

    +1.28%

  • SCS

    0.0200

    16.14

    +0.12%

  • AZN

    0.3100

    92.45

    +0.34%

  • CMSD

    0.1200

    23.14

    +0.52%

  • CMSC

    0.0100

    23.02

    +0.04%

  • BTI

    0.2000

    57.24

    +0.35%

  • NGG

    0.2500

    77.49

    +0.32%

  • GSK

    0.1100

    48.96

    +0.22%

  • RIO

    -0.0800

    80.89

    -0.1%

  • BP

    -0.2700

    34.31

    -0.79%

  • RYCEF

    0.2000

    15.56

    +1.29%

  • BCE

    0.2800

    23.01

    +1.22%

  • BCC

    1.4800

    74.71

    +1.98%

  • RELX

    -0.0400

    41.09

    -0.1%

  • JRI

    0.0600

    13.47

    +0.45%

  • VOD

    0.0400

    13.1

    +0.31%

EU, Africa talks hone in on closer ties in Angola
EU, Africa talks hone in on closer ties in Angola / Photo: © AFP

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.

Text size:

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 overshadowed by a European scramble Monday to better the terms of a US plan to end the Ukraine war.

"Europe and Africa are pushing for a stronger multilateral order, one that protects the United Nations Charter, reinforces the rules-based approach, and brings stability and predictability to a world that urgently needs both," European Council President Antonio Costa wrote on X.

Marking 25 years of EU-African Union relations, the summit came on the heels of a G20 meeting in South Africa where a US boycott underscored geopolitical fractures.

"It is urgent that multilateralism be rescued," host Joao Lourenco told those in attendance on Monday, citing global tensions, with wars in Europe, Africa and the Middle East.

Africa was represented by the likes of South Africa's Cyril Ramaphosa, Kenya's William Ruto and Djibouti's Ismail Omar Guelleh.

Germany's Friedrich Merz, Poland's Donald Tusk, and Spain's Pedro Sanchez were among about a dozen EU leaders who flew in for the summit, where analysts said a good showing was key to signal Brussels meant business.

However, flight troubles grounded Denmark's Mette Frederiksen, Luxembourg's Luc Frieden and EU foreign policy chief Kaja Kallas, preventing their participation.

And some leaders including Merz, France's Emmanuel Macron and Italy's Giorgia Meloni flew out on Monday, skipping the last day.

- 'Right kind of investments' -

Leaders in attendance were keen to stress both continents have much to gain from a closer partnership.

"For our peace, security and wellbeing, cooperation between our continents is essential," said Dutch Prime Minister Dick Schoof.

Analysts have cautioned that actions need to follow words if Europe wants to hold on to its role as Africa's top partner.

The EU is the leading supplier of foreign direct investment to the continent and its top commercial counterpart.

Trade in goods and services hit 467 billion euros ($538 billion) in 2023, according to Brussels, which has sought to diversify trade away from the United States since tariff-happy Donald Trump returned to the White House.

Africa has emerged as a battleground for its critical minerals and energy potential, with China, the United States and Russia also seeking to foster stronger ties.

On Tuesday, the EU will seek to secure more help in tackling irregular migration and access to critical minerals needed for its green transition -- with African nations clamouring for investments that do not solely focus on extraction but create jobs and value locally.

To do that, Brussels is betting on its Global Gateway initiative -- a massive infrastructure plan it hopes can counter China's growing influence.

Host Angola is home to one of the EU's signature undertakings: the Lobito corridor, a railway project funded in partnership with the United States to connect mineral-rich areas of the Democratic Republic of Congo and Zambia to the Atlantic coast.

"This continent has everything it takes to deliver prosperity at home and to shape the global economy of tomorrow," European Commission chief Ursula von der Leyen told a business forum held in conjunction with the summit.

"The opportunities are clear. But realising them will require the right kind of investments."

J.P.Estrada--TFWP