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Africa loses €44.bn a year in illicit financial flows, including tax evasion and avoidance by European companies. Yet the EU's new Africa strategy includes no concrete proposals to address this (Photo: Liane Greeff)

EU's new Africa strategy misses the mark

Europe is highly dependent on Africa's natural resources.

From minerals for solar panels, mobile phones, electric car batteries and wind turbines, to raw agricultural commodities, such as cocoa and coffee, securing access to these resources is crucial to sustaining economies in the Global North.

With its growing urban middle-classes, Africa is also seen as an attractive market for European businesses. But the continent is also a source of young migrants, and Europe has been doin...

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The views expressed in this opinion piece are the author’s, not those of EUobserver

Author Bio

Isabelle Brachet is EU advocacy advisor for ActionAid, where Buba Khan is Africa advocacy adviser.

Africa loses €44.bn a year in illicit financial flows, including tax evasion and avoidance by European companies. Yet the EU's new Africa strategy includes no concrete proposals to address this (Photo: Liane Greeff)

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Author Bio

Isabelle Brachet is EU advocacy advisor for ActionAid, where Buba Khan is Africa advocacy adviser.

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