Saturday, September 23, 2023
  • Home
  • TechBooky
  • Business
  • TV
  • Startup
TechBooky Africa
  • Home
  • TechBooky
  • Business
  • TV
  • Startup
  • Fintech/Finance
  • Contact
  • Login
No Result
View All Result
TechBooky Africa
Home Economy

Spain Pursues Africa As A Strategic Partner With Its Africa Focus 2023 Plan

Idara Umoren by Idara Umoren
August 14, 2021
in Economy
0

Spain has launched its plan to increase economic engagement and overall presence in Africa. This partnership, unveiled by Prime Minister Pedro Sanchez is called “Africa Focus 2023”.  Africa Focus 2023 was unveiled on Monday March 29th, 2021. That day marked another day in the history of African partnership.

Related posts

Tech Space In Lagos And Four Other African Countries Worth $6 Billion, Report Says

Tech Space In Lagos And Four Other African Countries Worth $6 Billion, Report Says

October 11, 2021
Ex-CBN Deputy Explains Why Foreign Investors Choose Ghana Over Nigeria

Ex-CBN Deputy Explains Why Foreign Investors Choose Ghana Over Nigeria

October 5, 2021

Before now, Spain has invested in African initiatives that focus on human rights, governance, security, poverty, and social exclusion. The focus then, was especially on North Africa. However, with the new “Africa Focus 2023” project, focus has been shifted to other parts of Africa and the aspects of economic growth, development initiatives and peace and security.

To make these easy to achieve, the project has highlighted which areas, specific countries will be focused on:

Morocco, Algeria, Rwanda, Tanzania and Ghana will be focused on economic growth

Sahel, the West African Coast, and the Gulf of Guinea will be targeted for peace and security

While the Master Plan for Spanish Cooperation 2018-21 will target Mali, Niger, Senegal, Ethopia and Mozambique for developmental initiatives.

Apart from the goals earlier outlined, Spain is concerned about the high rate of illegal immigration happening, as thousands of African immigrants take deadly and risky journey into Europe through Spain. Part of the plan is to improve economic growth as Sanchez believes that lack of opportunities is a driving force for African migrants, and that Spanish investments may be a reason they would stay and desist from the illegal journey.

This plan was not met without some level of friction as, according to Politico, Spanish business leaders did not buy the idea, expressing their worries over political instability and corruption issues. Sanchez however gave the assurance that the “African Continental Free Trade Act ” (AfCFTA) was in the favor of Spanish businesses.

Other dignitaries in attendance were: Ghana’s president, Nana Akufo-Addo, the foreign ministers of Ghana and Senegal, Kenya’s head of trade, and the president of the African Development Bank, Akinwumi Adesina.

Spain is not the only country that is ready to enlarge Africa’s already existing potential. The UK during the UK-Africa Summit pledged that by 2022, it would be a leading investor of the G-7s. Efforts of the UK has been met with public criticism, though because of some loopholes found. According to  Bond – one of the organizations working in international development, it says the UK-Africa Summit overlooked issues like sustainable development, even did not consider the role of the African Civil Society as important to the partnership process.

That partnership has not been the end of UK Partnerships though. Chuku Chuku, OIC Manager and a forecaster with the African Development Bank, wrote about more opportunities for UK initiatives in Africa.  “The ABC Triangle: Putting the AfCFA, Brexit, and COVID-19 to Work for Africa ”, is an article that may be of foremost interest.

Total
0
Shares
Share 0
Tweet 0
Pin it 0
Share 0
Tags: africaAfrica Focus 2023spain
Previous Post

How African States Can Tackle State-Backed Cyber Threats

Next Post

Technology Expansions In Kenya And South Africa

Next Post
Technology Expansions In Kenya And South Africa

Technology Expansions In Kenya And South Africa

RECOMMENDED NEWS

Fintech: CBN Froze Their Accounts But These Fintech Customers Still Show Confidence

Fintech: CBN Froze Their Accounts But These Fintech Customers Still Show Confidence

2 years ago
Black Ostrich Ventures

Black Ostrich Ventures’ $20m Equity Funding for Pre-Seed & Other Early-Staged Start-Up Investment Grant.

3 weeks ago
Nigerians Below The Age Of 18 Cannot Own SIM Cards Says NCC

Nigerians Below The Age Of 18 Cannot Own SIM Cards Says NCC

2 years ago
Samsung Lost Its Source Code To Lapsus$ And Claims The Data Breach Is A False Alarm.

Samsung Lost Its Source Code To Lapsus$ And Claims The Data Breach Is A False Alarm.

2 years ago

FOLLOW US

  • 70.9k Followers

BROWSE BY CATEGORIES

  • App
  • Banking
  • Business
  • Cryptocurrency
  • Cybersecurity
  • East Africa
  • Economy
  • Enterprise
  • Event
  • Fintech/Finance
  • Funding
  • Gadget
  • Government
  • Insight
  • Internet
  • Investment
  • Nigerian/African Tech
  • North Africa
  • Personnel
  • Research/How to do it
  • Service
  • Social Media
  • Southern Africa
  • Startup
  • Telecom
  • Transport
  • Uncategorized
  • West Africa

BROWSE BY TOPICS

5g acquisition africa AI app CBDC cbn central bank of nigeria ChatGPT cloud cryptocurrency Crypto market cybersecurity e-commerce east africa economy fintech Flutterwave funding Fundraising google government internet investment kenya License microsoft mtn ncc nigeria Partnership ride hailing rwanda seed social media software south africa startup Start up streaming technology telecom twitter west africa whatsapp

Featured Categories

App
35 Posts
View Posts
Banking
18 Posts
View Posts
Business
15 Posts
View Posts
Cryptocurrency
41 Posts
View Posts
Cybersecurity
21 Posts
View Posts
East Africa
41 Posts
View Posts
Economy
18 Posts
View Posts
Enterprise
38 Posts
View Posts
Event
12 Posts
View Posts
Fintech/Finance
127 Posts
View Posts
Funding
41 Posts
View Posts
Gadget
16 Posts
View Posts
Government
83 Posts
View Posts
Insight
8 Posts
View Posts
Internet
25 Posts
View Posts
Investment
21 Posts
View Posts
Nigerian/African Tech
47 Posts
View Posts
North Africa
4 Posts
View Posts
Personnel
2 Posts
View Posts
Research/How to do it
6 Posts
View Posts
Service
37 Posts
View Posts
Social Media
39 Posts
View Posts
Southern Africa
25 Posts
View Posts
Startup
111 Posts
View Posts
Telecom
53 Posts
View Posts
Transport
21 Posts
View Posts
Uncategorized
2 Posts
View Posts
West Africa
58 Posts
View Posts
No Result
View All Result
Loading
  • PayDay
    PayDay Potential Sale Stirs Reactions Based On The Recently Acquired $3M Investment Equity. 
    • September 22, 2023
  • Fixit45
    The $1.9M Pre-Seed Equity Bankrolls Fixit45’s “…advancement towards expansion objectives” — Pankaj Bohhra. 
    • September 21, 2023
  • Android Smartwatch
    The Best Android Smartwatches of 2023. 
    • September 13, 2023
  • BAK
    “Crypto vs. Taxes” — The Blockchain Association of Kenya Takes on the Government.
    • September 2, 2023
  • Chargel
    Chargel Is A Catalyst for Transformation in Cote d’Ivoire’s Energy Landscape.
    • September 2, 2023
TechBooky Africa

We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc.

Follow us on social media:

Recent News

  • PayDay Potential Sale Stirs Reactions Based On The Recently Acquired $3M Investment Equity. 
  • The $1.9M Pre-Seed Equity Bankrolls Fixit45’s “…advancement towards expansion objectives” — Pankaj Bohhra. 
  • The Best Android Smartwatches of 2023. 

Category

  • App
  • Banking
  • Business
  • Cryptocurrency
  • Cybersecurity
  • East Africa
  • Economy
  • Enterprise
  • Event
  • Fintech/Finance
  • Funding
  • Gadget
  • Government
  • Insight
  • Internet
  • Investment
  • Nigerian/African Tech
  • North Africa
  • Personnel
  • Research/How to do it
  • Service
  • Social Media
  • Southern Africa
  • Startup
  • Telecom
  • Transport
  • Uncategorized
  • West Africa
  • Home
  • TechBooky
  • Business
  • Video
  • Contact

© 2022 Techbooky Africa .

No Result
View All Result
  • Home
  • TechBooky
  • Business
  • TV
  • Startup

© 2022 Techbooky Africa .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In