EU’s Answer to China’s BRI Takes Shape in Africa

The European Union unveiled a $776 million infrastructure financing package for Africa on Tuesday as part of its Global Gateway initiative that is aimed at challenging China’s growing influence in developing regions.

European Commission President Ursula von der Leyen announced the new program during talks with the visiting Chairperson of the African Union Commission, Moussa Faki. The new funding will finance investments in transportation, digitization, and energy connectivity under the auspices of the Global Gateway.

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source https://chinaglobalsouth.com/2022/11/30/eus-answer-to-chinas-bri-takes-shape-in-africa/

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