This grand bargain offers a three-pronged deal to the G7. The EU gets short to medium-term access to energy, stability of supply, and acceleration of the transition as well as new and stronger trade and geopolitical partnerships. Africa gets a surge in investment into food and energy systems and investment for its youth who number seven times as many as European youth and for whom migration seems to be the only attraction.

First on energy, more than 5,000 bcm of natural gas resources have been discovered in Africa.