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CGD Policy Blogs

 

Lagos to Mombasa

Lagos to Mombasa: How Do We Accelerate EU-Africa Investment?

CGD’s Mikaela Gavas joins Gyude to discuss barriers to private investment in health and infrastructure projects and how a new initiative—an Accelerator Hub—could help local businesses and institutions in Africa develop financially viable proposals and connect them with investors.

An illustrated image of Europe and Africa side-by-side, with a wheel in between representing the Accelerator Hub

An Accelerator Hub to Foster Investments in Africa

Through its European Investment Advisory Hub, the European Union (EU) has built solid experience in project preparation within its own borders by connecting project promoters and intermediaries with advisory partners who work directly together to help projects reach the financing stage. Building on this approach, we propose the establishment of an Accelerator Hub, which would provide targeted support to identify, prepare, and develop investment projects in Africa.

Close-up of a French passport

Good News: Africa Needs More Jobs While Europe Needs More Workers

We look at the challenges that Europe faces with an aging population, and ask if the challenges that Africa faces with a burgeoning working-age population might be a mutually beneficial part of the answer. We think they might, but not under “business as usual” immigration policies. Current forecasts as well as some we make ourselves suggest migration will fill only a small part of Europe’s looming labor shortage, and African migrants will be a comparatively minor component of that migrant flow. That’s a huge lost opportunity for both continents.

A map of Africa inside EU stars

The EU Migration Pact: Building a True Partnership with Africa

The current state of migration cooperation between Africa and Europe is far from this ideal. True partnerships should focus on promoting economic opportunity in countries of origin and expanding legal pathways, both from Africa to Europe and within the continent. Currently, African governments are left responding to Europe’s short-term thinking without collaboration towards long-term mutual gain—a scenario that undermines the potential for joint initiatives that can benefit both Africa and the EU.

Caduceus symbol as a pair of scales for weighing

Afro-European Partnerships in Health: Accelerating Better Efficiency of Health Spending

In the wake of the COVID-19 crisis, many sub-Saharan African countries will face serious economic crises and shrinking public spending. If countries are unable to spend more, they need to spend better. Europe has leading expertise in building institutions for priority-setting in health, making it an obvious potential source for collaboration with the Global South.

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