While I admit I am happy to have others agreeing with me, I will only change anything when MacGregor tells me to. Although I was thinking of having Italy take Ethiopia and Italian Somaliland (Eritrea is optional). In OTL Italy didn't take Libya until 1912 (although they were given the right to take it at the Congress of Berlin).
If there's an African territory that should be given to Italy, it'd be Tunisia. Tunisia, with an Italian minority, was a major colonial focus of Italy (once the French took it, they went and took Libya instead).
But anyway, its irrelevant considering the state of the world. Although, if the Entente loses, Tunisia might be something which Italy would gain (Nice and Savoy aren't particularly strong claims at all, considering historical culture and language, but Italy will take a chunk out of Austria).
EDIT: Now that I think about it, the Italians aren't likely to get anything from a war, even with a victory.
Because of this man:
Seriously, MacGregor, can you give the Italians a CnC that is halfway competent (well, make them half-way competent overall)? Like, someone who doesn't shoot the officers of retreating units, institutes decimation, and orders massive frontal attacks with infantry against the same well-fortified emplacements ON TOP OF MOUNTAINS (once aforementioned techniques failed on the plains of Flanders) once they failed?
Twelve times? And then gets promoted to Marshal for it?