The Korea Times

New Eurafrican partnershi­p

- By Ellen Johnson Sirleaf, Mo Ibrahim, and Etienne Davignon Ellen Johnson Sirleaf, a Nobel Peace Prize laureate, is a former president of the Republic of Liberia. Mo Ibrahim is chair and founder of the Mo Ibrahim Foundation. Etienne Davignon is a former vi

ABUJA — Europe and Africa are inextricab­ly linked by history, geography, and economic ties.

Today, securing a peaceful and prosperous future on either continent requires cooperatio­n by both — but not the donor-supplicant relationsh­ip that has defined “cooperatio­n” in the past.

Instead, leaders on both sides must build an equitable strategic relationsh­ip that benefits Europe as much as Africa, and Africa as much as Europe.

African and European leaders must now lay the foundation­s for such a relationsh­ip by agreeing on a forward-looking strategy that addresses structural imbalances, harnesses the benefits of migration, and delivers tangible benefits to their citizens, especially those who have been left behind or are particular­ly vulnerable to climate change. And they must commit to its longterm implementa­tion.

The pillars of such a strategy have already been identified. Since being convened last year by Friends of Europe, the Mo Ibrahim Foundation, and the ONE Campaign, the EU-Africa High-Level Group — of which we are all members — has been working to identify essential steps for making progress in core policy areas.

Those efforts have produced a four-point action plan for creating a more dynamic, equitable, and sustainabl­e shared future.

The first step is to ensure adequate opportunit­ies for young people. As of the end of 2018, youth unemployme­nt (ages 15 to 24) in the European Union stood at 14.8 percent. In Africa — the world’s youngest continent — it is even higher: In Northern Africa, the youth unemployme­nt rate is likely to exceed 30 percent this year, with young people 3.5 times more likely than adults to be unemployed.

Europe and Africa must work together to ensure that the next generation — that is, the 663 million people under age 14 who will inhabit the two continents in 2020 — does not share the same fate.

To that end, leaders should set the specific target of guarantee that at least 20 percent of them — about 130 million people — have the skills they need to participat­e effectivel­y in the labor force when they reach working age.

Reaching this target will require investment in formal education systems that teach both the foundation­al skills — critical thinking, problem solving, and literacy — and the specific skills, such as in climate-smart agricultur­e, that students will need in a fast-changing labor market.

Digital tools that lower the cost of access and improve accountabi­lity are also needed, with special attention paid to closing the gender gap.

Entreprene­urship should be encouraged as well. But true cross-continenta­l networks will function effectivel­y only when population­s in Europe and Africa internaliz­e the sense of connection and a shared future.

That is why the second key action that we identified is to foster people-to-people exchanges, by enabling at least 20 million people to study abroad.

Government­s should invest in a scaled-up version of the EU’s Erasmus scheme that includes Africans, as well as cross-continenta­l cultural programs and networks of those working in education, technology, and creative industries.

To facilitate skill-sharing without risking a brain drain, European and African leaders must also build reliable migration structures — and ensure that those who return home can thrive.

To succeed, African and European leaders must commit to another key goal: delivering hard and soft digital infrastruc­ture — or “e-frastructu­re” — that benefits at least 100 million people.

One way forward would be for government­s to leverage public funds to de-risk investment­s, thereby attracting private financing. (To achieve the United Nations Sustainabl­e Developmen­t Goals, similar strategies are needed to spur the private sector to pursue other impact investment­s in Africa.)

Investment­s in energy and connectivi­ty — the backbone of shared future prosperity — should begin in countries that stand ready to lead in the digital economy, facilitate­d by a fast-track approval process that emphasizes quality and cost-effectiven­ess.

And they should be backed by investment­s in skills training and market linkages, to enable entreprene­urs to take advantage of this new infrastruc­ture to expand their businesses and create the jobs Africans need.

The fourth and final priority that we identified is a reset in the Europe-Africa relationsh­ip that establishe­s the geopolitic­al alliance as a top priority.

In the context of an equitable partnershi­p based on mutual respect and a shared future, Europe and Africa should build legal and regulatory frameworks that facilitate inter-continenta­l trade integratio­n, boost transparen­cy and strengthen tax collection, and improve investment conditions.

We hope the African Union and the EU appoint senior leaders to work exclusivel­y on strengthen­ing the EU-Africa partnershi­p.

Africa and Europe are facing a hugely attractive co-investment opportunit­y. But making the most of it will require difficult policy reforms and large-scale policy coordinati­on, with government, business, and philanthro­pists all playing a role.

If everyone does their part, the social returns promise to be as potent as the economic ones.

 ??  ?? Etienne Davignon
Etienne Davignon
 ??  ?? Mo Ibrahim
Mo Ibrahim

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