Anabelle Colaco
16 Feb 2026, 15:27 GMT+10
MILAN, Italy: Italy has proposed allowing African countries to suspend debt repayments when struck by extreme climate events, Prime Minister Giorgia Meloni said after talks with African leaders.
"Today, once again, we focused on an issue that is central for Africa, which is debt," Meloni said late on February 13 at the close of the second Italy–Africa meeting in Addis Ababa.
"We have launched a broad initiative on debt conversion for joint development projects. To this, we are adding the introduction of debt-suspension clauses for those nations affected by extreme climate events," she added.
Meloni did not provide details on how the suspension mechanism would operate or which countries might participate.
The proposal was discussed as part of Italy's broader engagement with the continent. Meloni also attended the plenary session of the 39th ordinary meeting of the Assembly of Heads of State and Government of the African Union in Addis Ababa.
Italy has made cooperation with African nations a key pillar of its foreign policy, including through its "Mattei Plan," which Rome says is designed to foster long-term partnerships in areas such as energy, agriculture, and infrastructure.
Get a daily dose of Boston Star news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Boston Star.
More InformationMILAN, Italy: Italy has proposed allowing African countries to suspend debt repayments when struck by extreme climate events, Prime...
DUBLIN, Ireland: The significant government investment to support hosting the Ryder Cup golf tournament at Adare, Co Limerick, in 2027...
SINGAPORE: Facing mounting jet engine repair backlogs across the aviation industry, GE Aerospace is turning to automation and Lean...
CHICAGO, Illinois: A federal judge has temporarily stopped the Trump administration from implementing US$600 million in public health...
SAN FRANCISCO, California: Anthropic has secured US$30 billion in new funding, lifting the Claude chatbot maker's valuation to $380...
NEW DELHI, India: Food safety authorities in India have issued a warning to a McDonald's outlet in Jaipur after inspectors found cooking...
BOSTON, Massachusetts: A Turkish graduate student from Tufts University, whose immigration officials detained near her Massachusetts...
UNITED NATIONS: The United Nations said on February 9 that it was waiting to see how much and when U.S. President Donald Trump would...
New Delhi [India], February 16 (ANI): India's retail market is on a trajectory to more than double in size, reaching between Rs 210...
(Photo credit: Kirby Lee-Imagn Images) When Boston Celtics All-Star Jaylen Brown spoke with reporters after Sunday's All-Star Game...
(Photo credit: Kelley L Cox-Imagn Images) Los Angeles Thieves and Paris Gentle Mates joined OpTic Texas atop the standings at the...
(Photo credit: Jeff Hanisch-Imagn Images) Giannis Antetokounmpo is once again a committed Milwaukee Buck. For now. 'As of today,...
