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

EUR -
AED 4.273878
AFN 76.929127
ALL 96.379094
AMD 444.029361
ANG 2.083179
AOA 1067.160055
ARS 1669.416082
AUD 1.756076
AWG 2.097662
AZN 1.986139
BAM 1.953746
BBD 2.344036
BDT 142.270436
BGN 1.958507
BHD 0.438716
BIF 3450.523461
BMD 1.163752
BND 1.50922
BOB 8.07055
BRL 6.312773
BSD 1.163777
BTN 104.758321
BWP 15.48279
BYN 3.365776
BYR 22809.531139
BZD 2.340649
CAD 1.611051
CDF 2597.493612
CHF 0.938927
CLF 0.027431
CLP 1076.097443
CNY 8.227841
CNH 8.228277
COP 4460.75294
CRC 568.302563
CUC 1.163752
CUP 30.839417
CVE 110.149204
CZK 24.289713
DJF 206.821409
DKK 7.468003
DOP 74.611563
DZD 151.371482
EGP 55.249686
ERN 17.456274
ETB 180.916386
FJD 2.627056
FKP 0.872848
GBP 0.873489
GEL 3.136351
GGP 0.872848
GHS 13.296079
GIP 0.872848
GMD 84.953493
GNF 10116.36502
GTQ 8.914628
GYD 243.485079
HKD 9.053639
HNL 30.651777
HRK 7.535521
HTG 152.379808
HUF 384.442972
IDR 19425.807019
ILS 3.75211
IMP 0.872848
INR 104.919534
IQD 1524.597244
IRR 49008.486669
ISK 148.925001
JEP 0.872848
JMD 186.573861
JOD 0.825134
JPY 181.251401
KES 150.415155
KGS 101.769713
KHR 4659.122046
KMF 491.102923
KPW 1047.376277
KRW 1709.271735
KWD 0.357353
KYD 0.969885
KZT 594.694818
LAK 25239.574959
LBP 104218.886105
LKR 359.122467
LRD 205.414937
LSL 19.761725
LTL 3.436256
LVL 0.703942
LYD 6.324351
MAD 10.750998
MDL 19.732341
MGA 5189.566687
MKD 61.575268
MMK 2443.912111
MNT 4128.961065
MOP 9.326695
MRU 46.412208
MUR 53.672132
MVR 17.921437
MWK 2018.087126
MXN 21.224848
MYR 4.786529
MZN 74.375488
NAD 19.761725
NGN 1687.975205
NIO 42.82498
NOK 11.782974
NPR 167.613514
NZD 2.013983
OMR 0.447466
PAB 1.163782
PEN 3.914685
PGK 4.938808
PHP 68.915001
PKR 328.919419
PLN 4.236737
PYG 8003.58611
QAR 4.24204
RON 5.089434
RSD 117.39691
RUB 89.085229
RWF 1693.319872
SAR 4.367546
SBD 9.578365
SCR 17.319792
SDG 699.993726
SEK 10.936484
SGD 1.509985
SHP 0.873115
SLE 27.577665
SLL 24403.286774
SOS 663.904912
SRD 44.989471
STD 24087.308281
STN 24.474271
SVC 10.183295
SYP 12867.404641
SZL 19.756231
THB 37.121382
TJS 10.677875
TMT 4.084768
TND 3.418506
TOP 2.802035
TRY 49.542303
TTD 7.884745
TWD 36.286352
TZS 2851.191739
UAH 49.062922
UGX 4117.671236
USD 1.163752
UYU 45.462207
UZS 13954.330301
VES 296.235219
VND 30676.491878
VUV 141.795077
WST 3.245249
XAF 655.270952
XAG 0.020049
XAU 0.000278
XCD 3.145097
XCG 2.097495
XDR 0.81481
XOF 655.26814
XPF 119.331742
YER 277.612714
ZAR 19.80193
ZMK 10475.154659
ZMW 26.912823
ZWL 374.727537
  • RBGPF

    0.8500

    79.2

    +1.07%

  • BCC

    -1.2400

    71.81

    -1.73%

  • RYCEF

    0.3100

    14.8

    +2.09%

  • NGG

    -0.0800

    75.33

    -0.11%

  • CMSC

    -0.2100

    23.22

    -0.9%

  • RIO

    -0.0400

    73.02

    -0.05%

  • GSK

    0.0600

    48.47

    +0.12%

  • SCS

    -0.0200

    16.12

    -0.12%

  • BTI

    0.4000

    57.41

    +0.7%

  • RELX

    -0.8400

    39.48

    -2.13%

  • JRI

    -0.0700

    13.72

    -0.51%

  • AZN

    1.1000

    91.28

    +1.21%

  • BP

    -0.0500

    35.78

    -0.14%

  • CMSD

    -0.0800

    23.17

    -0.35%

  • BCE

    -0.2100

    23.34

    -0.9%

  • VOD

    0.0300

    12.5

    +0.24%

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)