EU-Africa cooperation relies on trade and investments to promote economic growth and the EU remains one of Africa’s largest trading partners. Within this framework, the Global Gateway Africa-Europe Investment Package assumes a significant role as it strives to support Africa in achieving a strong, inclusive, green, and digital recovery and transformation. It aims to accelerate the green and digital transitions while fostering sustainable growth and decent job creation. Trade and investments serve as the bedrock of EU-Africa cooperation, playing a pivotal role in driving economic growth. The EU remains a major trading partner for Africa, and revitalizing trade between the two regions is crucial for Africa’s integration into global value chains. These engagements hold immense potential for boosting Africa’s economy by attracting investments in vital sectors such as agriculture, infrastructure, and renewable energy. Nevertheless, several challenges persist and demand attention to fully unlock the potential of this relationship, including regulatory frameworks and market access. A significant opportunity for increased trade and investment between the EU and Africa lies in the African Continental Free Trade Area (AfCFTA), which establishes a single market of over 1.2 billion people and a combined GDP exceeding €3 trillion. By proactively addressing these challenges and capitalizing on opportunities like the AfCFTA, the EU and Africa can forge a robust economic partnership that mutually benefits both regions.

• With the implementation of the African Continental Free Trade Area (AfCFTA), what specific measures can the EU and Africa take to maximize the opportunities presented by this initiative and further enhance trade and investment between the two regions?
• What role can public-private partnerships play in encouraging investments between Africa and the EU?
• What are some of the success stories of EU investments in Africa, and how can they be replicated in other sectors?