Spain seeks deeper engagement with Africa, with ‘Focus Africa 2023’

Spain is making significant strides in enhancing its engagement with Africa through the unveiling of its Focus Africa 2023 initiative, aimed at bolstering ties and fostering development on the continent. The initiative, described as a transformative program that underscores cooperation between Spain and Africa, was outlined by Spain's Minister of Foreign Affairs, EU, and Cooperation, Arancha Gonzales Laya. The minister emphasized the importance of viewing this partnership as a mutually beneficial endeavor, outlining key areas such as peace and security, climate change, gender empowerment, economic development, and investment. The overarching goal is to create opportunities that will benefit both Africa and Spain. As part of the initiative, Spain aims to build stronger political connections, engage the business community, collaborate with civil society and NGOs, and promote people-to-people interactions to solidify the partnership between the two regions. The minister also highlighted the historical ties between Spain and Africa, emphasizing the shared cultural, economic, and political connections that form the basis of this partnership. With a strong focus on economic trade and investment, Spain is keen on leveraging the opportunities presented by the African Continental Free Trade Agreement to boost economic growth, create jobs, and empower youth entrepreneurship both digitally and in traditional sectors. The initiative aims to foster a deeper understanding among Spanish companies and investors about the potential benefits of investing in Africa and vice versa, offering financial instruments such as guarantees and financing to facilitate business activities. The spirit of cooperation and mutual benefit underpins the Focus Africa 2023 initiative, with a clear message of openness to businesses on both sides to explore opportunities and contribute to each other's economic growth. Looking ahead, the initiative sets ambitious short-term, medium-term, and long-term targets to measure progress and impact. In the midst of the challenges posed by the COVID-19 pandemic, Spain hopes that the initiative will serve as a catalyst for economic recovery, paving the way for sustainable growth and opportunities, particularly for the youth. The minister expressed optimism that within a year, tangible outcomes from the partnership will be evident, marking a significant step towards building a resilient and prosperous future for both Spain and Africa.