Africa and Europe possess complementary assets and interests that, if aligned, can underpin mutually beneficial, yet non-exclusive, green industrial partnerships – partnerships that create commercial value while also serving broader geopolitical goals. For Africa, partnering with Europe can give access to technology, finance, and the European single market. For Europe, partnering with Africa can help lower the costs of its industrial decarbonisation, while new green industrial partnerships can help European industries diversify dependencies and build more secure supply chains. This Policy Report unpacks the viability of mutually beneficial green energy and industrial partnerships between Africa and Europe. It examines the geopolitical and commercial case for ‘competitive interdependence’, with both regions leveraging each other’s strengths to compete in the global green economy.

Read the full report, written together with Africa Europe Foundation, Climate Action Platform Africa and ECDPM