Premier Gentiloni’s business trip confirms this. His status while travelling is as ENI’s travelling spokesman. In Africa, the multinational ENI has a presence in Algeria, Libya, Tunisia, Egypt, Kenya, Liberia, Ivory Coast, Nigeria, Ghana, the Republic of Congo, Angola, Mozambique and South Africa. Tunisia, which is the first country Gentiloni is stopping off at on his voyage, is an important ENI base for two reasons: first because of its reserves in El Borma and second because it’s a transit route for the Transmed gas pipeline that brings Algerian gas into Italy. In Angola, Gentiloni attended together with President Lourenço, the signing of a lucrative agreement, transferring to ENI 48% of the rights over the huge reserve, Cabinda North. In Ghana he visited the ENI floating maxi platform for production and storage, for exploiting offshore reserves of more than 40 billion cubic metres of gas and 500 million barrels of oil.
In the Ivory Coast ENI purchased 30% of a large offshore area, rich in hydrocarbons through its subsidiary, ENI Côte d’Ivoire Limited based in London. It is here as well that Gentiloni participated at the fifth EU – African Union Summit – together with Mogherini (Lady PESC), the EU’s Representative for Foreign Affairs, the French President (Macron) and the German Chancellor (Merkel). The Summit is focussing on the new European investments in Africa, injected with the noble intention of “giving new hopes to young Africans”. Yet generally speaking, such investments are targeted at the African elites, who are needed by neo-colonial interests need to achieve their targets.