Berliner Boersenzeitung - Italy's Meloni targets energy, migration with Africa plan

EUR -
AED 4.235825
AFN 75.545802
ALL 93.537535
AMD 423.305618
AOA 1058.811708
ARS 1726.050045
AUD 1.636636
AWG 2.076101
AZN 1.961033
BAM 1.95855
BBD 2.32222
BDT 142.730393
BHD 0.434886
BIF 3452.671024
BMD 1.153389
BND 1.479477
BOB 14.003296
BRL 5.934074
BSD 1.152999
BTN 110.036059
BWP 15.679013
BYN 3.398271
BYR 22606.431288
BZD 2.318956
CAD 1.622248
CDF 2606.660577
CHF 0.933046
CLF 0.026726
CLP 1055.304781
CNY 7.789473
CNH 7.782898
COP 3701.468641
CRC 522.824977
CUC 1.153389
CUP 30.564818
CVE 110.898381
CZK 24.174001
DJF 204.980328
DKK 7.474932
DOP 67.343891
DZD 153.308454
EGP 57.874195
ERN 17.30084
ETB 184.37006
FJD 2.552393
FKP 0.858551
GBP 0.857378
GEL 3.016125
GGP 0.858551
GHS 13.511962
GIP 0.858551
GMD 85.350816
GNF 10132.525167
GTQ 8.794347
GYD 241.385765
HKD 9.045745
HNL 30.980157
HRK 7.535899
HTG 150.750346
HUF 360.8921
IDR 20725.88762
ILS 3.473801
IMP 0.858551
INR 109.684501
IQD 1510.94005
IRR 1586054.532116
ISK 141.797162
JEP 0.858551
JMD 182.305956
JOD 0.817769
JPY 181.856081
KES 149.249433
KGS 100.863577
KHR 4671.226492
KMF 493.651222
KRW 1647.050939
KWD 0.356917
KYD 0.960828
KZT 543.160821
LAK 26066.599277
LBP 103286.016357
LKR 387.123519
LRD 209.080658
LSL 19.065344
LTL 3.405659
LVL 0.697674
LYD 7.341378
MAD 10.751869
MDL 20.182899
MGA 4953.807106
MKD 61.54284
MMK 2421.733025
MNT 4134.092669
MOP 9.314976
MRU 46.262325
MUR 53.621184
MVR 17.831455
MWK 2003.437477
MXN 19.901041
MYR 4.723245
MZN 73.697531
NAD 19.065769
NGN 1572.5428
NIO 42.429571
NOK 11.006044
NPR 176.060187
NZD 1.961494
OMR 0.443477
PAB 1.153019
PEN 3.915185
PGK 5.098267
PHP 70.350996
PKR 320.440363
PLN 4.295418
PYG 6874.681812
QAR 4.204969
RON 5.24954
RSD 117.355054
RUB 92.995645
RWF 1693.175568
SAR 4.318554
SBD 9.309186
SCR 15.476883
SDG 692.597559
SEK 10.979563
SGD 1.478288
SLE 28.200099
SOS 658.925127
SRD 43.703089
STD 23872.830891
STN 24.91321
SVC 10.089165
SZL 19.065835
THB 38.33829
TJS 10.642103
TMT 4.036863
TND 3.39216
TRY 54.866503
TTD 7.82799
TWD 37.381464
TZS 3062.246425
UAH 51.556685
UGX 4317.987553
USD 1.153389
UYU 46.455425
UZS 13856.819878
VES 849.069652
VND 30292.041232
VUV 137.419199
WST 3.151308
XAF 656.879254
XAG 0.019387
XAU 0.000283
XCD 3.117093
XCG 2.078018
XDR 0.817877
XOF 654.547231
XPF 119.331742
YER 274.974351
ZAR 18.891917
ZMK 10381.891222
ZMW 21.817226
ZWL 371.390901
  • CMSC

    0.0300

    21.79

    +0.14%

  • RBGPF

    3.9500

    69.95

    +5.65%

  • VOD

    0.0800

    15.69

    +0.51%

  • BCC

    3.4600

    86.49

    +4%

  • NGG

    0.5600

    80.42

    +0.7%

  • GSK

    0.0200

    51.53

    +0.04%

  • BTI

    -0.4400

    59.12

    -0.74%

  • RIO

    3.1100

    99.01

    +3.14%

  • BCE

    0.2100

    22

    +0.95%

  • RYCEF

    0.1500

    20.35

    +0.74%

  • CMSD

    0.0000

    22.02

    0%

  • RELX

    0.6400

    36.8

    +1.74%

  • JRI

    -0.1000

    12.72

    -0.79%

  • BP

    -1.8200

    42.44

    -4.29%

  • AZN

    -2.3500

    155.62

    -1.51%

Italy's Meloni targets energy, migration with Africa plan
Italy's Meloni targets energy, migration with Africa plan / Photo: Tiziana FABI - AFP/File

Italy's Meloni targets energy, migration with Africa plan

Energy deals in return for stopping migration. Italy's hard-right Giorgia Meloni reveals her long-trailed development plan for Africa this weekend, a "non-predatory" approach which critics warn favours European priorities and pockets.

Text size:

Prime Minister Meloni, who came to power in 2022 on an anti-migrant ticket, hopes to posit Italy as a key bridge between Africa and Europe, funnelling energy north while exchanging investment in the south for deals aimed at preventing migration.

Heads of numerous African countries are expected in the Italian capital for a summit on Sunday and Monday, along with European Commission President Ursula von der Leyen and representatives of United Nations agencies and the World Bank.

Meloni's so-called Mattei Plan is named after Enrico Mattei, the founder of Eni -- Italy's state-owned energy giant.

In the 1950s, he advocated a co-operative stance towards African countries, helping them to develop their natural resources.

"A certain paternalistic and predatory approach has not worked so far. What needs to be done in Africa is not charity but strategic partnerships, as equals," Meloni, 47, said earlier this month.

Rome holds the presidency of the G7 group of nations this year and has vowed to make African development a central theme, in part to increase influence in a continent where powers such as China, Russia, India, Japan and Turkey have been expanding their political clout.

Experts warned Italy may struggle to get key support for a new deal from the European Union, which unveiled its own Africa package worth 150 billion euros ($160 billion) in 2022.

Meloni's government, which cut funds for foreign aid cooperation last year, has formally allocated a more modest 2.8 million euros a year from 2024 to 2026 for the Mattei Plan, details of which are scant.

But Italy's best-selling Corriere della Sera daily said the government could earmark four billion euros for the plan in the next five to seven years.

Schemes are expected to include efforts to develop African agribusiness and mobilise Italian transport and major works companies.

But the biggest investment is expected in energy.

- Natural resources -

Meloni wants to transform Italy into an energy gateway, capitalising on demand from fellow European countries seeking to slash their dependence on Russian gas following Moscow's February 2022 invasion of Ukraine.

Critics say the plan appears too heavily focused on fossil fuels.

Some Italian media have dubbed it the "Descalzi Plan", after Eni chief executive Claudio Descalzi.

Some 40 African civil society organisations warned this week that the plan's "principal objective is to expand Italy's access to Africa's fossil gas for Europe and strengthen Italian companies' role in exploiting Africa's natural and human resources".

Dean Bhekumuzi Bhebhe, head of the Don't Gas Africa campaign, said Rome's "blind ambition... disregards the urgent climate crisis and the voices of African civil society".

They called instead for a renewable energy drive to supply the needs of over 40 percent of Africans who have no access to energy at all.

Francesco Sassi, researcher in energy geopolitics at the RIE think tank, told AFP Meloni was pursuing a "short-sighted" and "oversimplified strategy to deal with energy insecurity and the challenges of the energy transition".

Her "apolitical" approach also "implies fewer intrusions into the domestic policy of African energy partners, whether this be in human rights defence or energy and environmental policies".

- Remote -

While energy "may be the most relevant part" of the Mattei Plan, "Meloni is investing political capital in it mostly because of migration", according to Giovanni Carbone, head of the Africa Programme at the Institute for International Political Studies (ISPI) in Milan.

Despite promising to stop migrant boats from North Africa, landings in Italy have risen under Meloni, from some 105,000 in 2022 to almost 158,000 in 2023.

Italy has been training the Libyan and Tunisian coastguards as part of an EU initiative.

The Mattei Plan also intends to tackle so-called push factors and persuade origin countries to sign readmittance deals for migrants refused permission to stay in Italy.

Experts warn the initiative must be structured to last, in a country famed for its chronic political instability.

Carbone questioned whether the government has the necessary African development knowledge or experience to make the plan work.

"Italy has a tradition of relatively close relations with Mediterranean countries such as Tunisia, Libya, partly Algeria and Egypt as well, but less so with sub-Saharan Africa, which should be at the heart of the Mattei Plan," he told AFP.

"Italy has primarily small and medium-sized enterprises, for which it would be a big step to think about investing in what are perceived to be very remote and often problematic countries."

Former Italian prime minister Matteo Renzi also looked towards sub-Saharan African markets in 2014 to 2016, "but it proved very difficult", Carbone added.

(U.Gruber--BBZ)