Italy's much vaunted development plan for Africa will have an initial endowment of more than 5.5 billion euros ($5.95 billion), including public guarantees for investment projects, Prime Minister Giorgia Meloni said on Monday.

Meloni was speaking at the start of a one-day summit with leaders from across Africa, where her ministers are due to outline an array of initiatives, from energy and infrastructure to health and education, that Meloni said would be mutually beneficial. (1 = 0.9241 euros) (Reporting by Angelo Amante; Editing by Crispian Balmer)