In January and February 2024, European governments and entities cut €4.8 billion in long-term development and climate funding, much of which had been destined for Africa. This comes at a time when poverty in Africa is worsening for the first time in a generation. It also coincides with waning European influence on the continent, as well as concern among Europe’s leaders and policymakers about how this affects their strategic interests. Despite the multiple pressures Europeans are facing, redirecting funding away from Africa now simply seems wrong-headed.
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