Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
UNCTAD: The situation in the Palestinian territories is unfolding within a context of overall economic and institutional fragility and is leading to serious social and environmental consequences
UNCTAD: Two years of military operations and restrictions have caused an unprecedented collapse of the Palestinian economy
UNCTAD: Situation in Gaza unique, represents the most severe economic crisis ever recorded
TASS reports 3 people were injured in a drone attack in the Rostov region, after a fire broke out at a facility in the industrial zone
Ukraine's Ministry of energy reports massive attack on energy facilities in the country
Taiwan's Ministry of Defense: One Chinese balloon was spotted in the Taiwan Strait on Monday
Israeli media reports injuries in ramming operation in al-Naqab.
Sheikh Daamoush: Zionists must remain worried, as they have committed a grave error.
Sheikh Daamoush: All concessions given by Lebanese government to date bore no fruit.
Sheikh Daamoush: It is the duty of the state to protect its citizens and sovereignty, government must push plans to that effect and refuse external pressures, diktats.

EU eyeing investments in Africa transport corridors and energy

  • By Al Mayadeen English
  • Source: News websites
  • 3 Feb 2024 16:23
3 Min Read

EU Chief Josep Borrell says that the bloc should look into expanding into African countries beyond just Sahel.

  • x
  • European Union foreign policy chief Josep Borrell arrives for an EU summit in Brussels, Thursday, Feb. 1, 2024(AP)
    European Union foreign policy chief Josep Borrell arrives for an EU summit in Brussels, Thursday, Feb. 1, 2024. (AP)

European Union ministers are set to meet in Brussels on Saturday in an informal meeting to discuss the bloc's expansion beyond the Sahel in Africa, EU Foreign Policy chief Josep Borrell said. 

"In general terms, we have to rethink our approach to Africa to offer more cooperation and to understand that the stability of the Africans and the states is part of our security. So, Africa will be on the agenda, maybe the most important topic," he said. 

This comes as the European Commission and the African Development Bank Group signed a new financial arrangement, billed at 150 billion euros, structured to thrust investments in African infrastructure, specifically strategic positions that would enhance transport and the digital environment, as well as capitalize on energy. 

Read more: Nigerian gas to Europe: Algiers, Rabat race to build pipeline projects

Africa's resources

The EU has been eyeing Africa for its resources, namely its energy supplies.

The race to provide energy-thirsty Europe with gas has started between North African adversaries: Algeria and Morocco.

In attempts to supply the continent, which is trying to diversify its fossil fuels, particularly after the cutoff of gas from Russia, both countries are pursuing to revive old gas pipeline projects that have been delayed for long.

While Morocco is working to establish a 6,000 km - 23 billion euros gas pipeline from Nigeria, which passes near the coasts of 13 African countries and is expected to supply billions of cubic meters of natural gas to the Kingdom, Algeria is going after reinstating old plans to build a Trans-Saharan pipeline from Nigeria passing through Niger to its Mediterranean coast.

AU in G20

Africa has been gaining speed when it comes to international affairs and methodology to enhance its capabilities. 

Last September, the G20 coalition of countries decided to provide permanent membership status to the African Union.

This transition elevated the African Union, comprising 55 member states, to an equivalent standing as the EU, replacing its current categorization as an "invited international organization."

The G20, also known as the Group of 20, collectively account for approximately 85% of global GDP, more than 75% of worldwide trade, and approximately two-thirds of the global population.

  • Europe
  • Africa
  • energy deal
  • African Union
  • Josep Borrell
  • European Union

Most Read

Inside the Epstein-Rothschild web behind 'Israel’s' spy tech empire

Inside the Epstein-Rothschild web behind 'Israel’s' spy tech empire

  • Politics
  • 19 Nov 2025
Hezbollah announces the martyrdom of Haitham al-Tabatabai

Hezbollah announces the martyrdom of commander Haitham Tabatabai

  • West Asia
  • 23 Nov 2025
Democracy at the civilizational crossroads: Critical analysis of bourgeois Democracy, its alternatives

Democracy at the civilizational crossroads: Critical analysis of bourgeois Democracy, its alternatives

  • Analysis
  • 19 Nov 2025
US readies covert, military measures to oust Maduro: NYT

US signs off on covert CIA operations inside Venezuela: NYT

  • Politics
  • 19 Nov 2025

Coverage

All
In Five

Read Next

All
Maduro highlights workers' rise, global support for Venezuela
Politics

Maduro announces receiving info about new plot against Venezuela

Humanitarian crisis deepens in Gaza under relentless Israeli attacks
Politics

Humanitarian crisis deepens in Gaza under relentless Israeli attacks

Last-ditch COP30 deal puts fossil fuels in the crosshairs
Environment

Last-ditch COP30 deal puts fossil fuels in the crosshairs, for now

Trump admin fumes after court tosses cases against Comey, James
Politics

Trump admin. fumes after court tosses cases against Comey, James

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS