The EU, its Member States and European financial institutions (‘Team Europe’) will launch the ‘Investing in Africa’s Start-ups’ initiative, announced European Commission President Ursula von der Leyen on Tuesday 18 May, ahead of the Paris summit on financing African economies for the post-Covid-19 recovery hosted by Emmanuel Macron (see EUROPE B12583A5).
“We want to overcome this pandemic together. Europe can benefit greatly from Africa’s very young and dynamic economy....