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Italy Hosts EU-Backed Summit to Deploy €5.5 Billion Mattei Plan in Africa

Ursula von der Leyen attended to align the initiative with BrusselsGlobal Gateway strategy

Overview

  • Italy has committed €5.5 billion to support energy, infrastructure, education and health projects across 14 African countries but has assigned under €2 billion to specific initiatives
  • Flagship projects include a proposed railway linking Zambia and Angola and a €65 million investment in biofuel production in Kenya
  • African leaders and the African Union Commission have praised the plan’s ambition while cautioning that financial pledges alone will not solve deep-rooted economic challenges
  • NGOs and policy experts warn the plan risks serving Italian fossil fuel interests and may not significantly curb irregular migration
  • Rome views the Mattei Plan as an opportunity to bolster its diplomatic influence in Africa as French sway in the region declines