SOTEU: Africa-Europe Alliance for Sustainable Investment and Jobs

As announced by President Jean-Claude Juncker in his 2018 State of the Union Address, the Commission has proposed an ambitious new 'Africa-Europe Alliance for Sustainable Investment and Jobs', to substantially boost investment in Africa, strengthen trade, create jobs, and invest in education and skills; and a more efficient financial architecture for investment outside the EU, which aims to address the investment challenges and opportunities in Africa, the EU's Neighbourhood and the wider world.

President Juncker said: "Africa does not need charity; it needs true and fair partnership. And we, Europeans need this partnership just as much. Today, we are proposing a new Alliance for Sustainable Investment and Jobs between Europe and Africa. This Alliance, as we envision it, would help create up to 10 million jobs in Africa in the next 5 years alone. I believe we should develop the numerous EU-African trade agreements into a continent-to-continent free trade agreement, as an economic partnership between equals."

Towards a new 'Africa - Europe Alliance' to deepen economic relations and boost investment and jobs:
• Press release [http://europa.eu/!XV87vV] and Q&A [http://europa.eu/!fD98Jm] - State of the Union 2018: Towards a new 'Africa – Europe Alliance for Sustainable Investment and Jobs'
• Factsheet [http://europa.eu/!Fm94bM]- Strengthening the EU’s partnership with Africa

Towards a more efficient financial architecture to support investment outside the EU:
• Press release [http://europa.eu/!Hv46nw]– State of the Union 2018: Commission unveils plan for a more efficient financial architecture to support investment outside the EU
• Q&A [http://europa.eu/!RW38jv] - State of the Union 2018: A more efficient financial architecture to support investment outside the EU

For all information on the State of the Union 2018, including the speech and the Letter of Intent, please refer to the main webpage: http://europa.eu/!jB33Gw

For all legal documents and factsheets on Africa, please see subpage: [http://europa.eu/!vb38Uy]



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