Europe is positioning itself as a reliable trade partner for Africa as global economic uncertainty grows due to rising U.S. tariffs.
With the United States tightening trade policies under President Donald Trump, European officials say Africa can rely on Europe for long-term, equal partnerships.
The European Investment Bank (EIB) is leading this effort, investing up to €5 billion annually across Africa. Its focus includes infrastructure, agriculture, trade, education, and healthcare.
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As Chinese investment declines, especially in Africa’s energy sector, Europe is increasing its presence on the continent.
An official from the EIB says that in a time when global powers can suddenly change direction, Europe offers consistent and respectful cooperation. He noted that Europe’s goal is to work with Africa on fair and lasting terms.
According to the Centre for Strategic and International Studies, 29 African countries will face a standard U.S. tariff of 10%, while 22 others may see tariffs rise to 50%. These new trade barriers exclude some key minerals but are expected to affect many African economies that depend on exports.
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In response, Europe is expanding its support. The EIB is funding Kenya’s rapid bus transit system and has provided a €100 million loan to Family Bank Kenya to support small businesses, especially in farming and trade.
The European Union is also building closer ties. It recently launched the European Chamber of Commerce in Kenya and pledged $5 billion in aid to South Africa earlier this year.
Over the past 10 years, the EIB has invested more than $34 billion across 40 African countries. These projects include work in green energy, water systems, urban development, telecommunications, and business growth.
From 2021 to 2027, Europe plans to invest $160 billion in Africa through the Africa-EU Global Gateway Investment Package.
