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African-European Relations

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Chapter Summary

he global financial and economic crisis, which hit both Africa and Europe hard in 2009, dominated relations between the two continents. European foreign direct investment (FDI) in Africa dropped sharply, while fiscal pressures on governments started to have an impact on official development assistance (ODA). Global summitry in 2009 was dominated by questions about how to address the global economic downturn and how to minimise its effects on the world's poorest countries. African vulnerability was discussed in more detail at summits held later in the year. Similarly, bilateral relations between the UK and African countries were a lot less prominent than in previous years. The Lisbon Treaty was likely to have a long-term effect on EU policy towards Africa. Relations between the EU and the AU continued to deepen, especially between the AU Commission and the European Commission. Discussions also include Development cooperation and Trade and Development.

Keywords: Africa and Europe; bilateral relations; Development Cooperation; European Commission; European foreign direct investment; Lisbon Treaty; Trade and Development



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