The French presidency says European Union leaders will meet with African leaders in efforts to further support the continent’s poorest economies in the wake of the Covid-19 pandemic.
The informal meeting later Saturday will be hosted by French President Emmanuel Macron at France’s embassy in Rome on the sidelines of the G-20 summit.
Macron told reporters on Friday he expects the G-20 to confirm an additional $100 billion to support Africa’s economies.
The money would be provided via the reallocation to African nations of some special drawing rights, a foreign exchange tool used to help finance imports issued by the International Monetary Fund and initially meant to go to advanced economies.
