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Economy39 minutes ago (Feb 10, 2022 13:41)
DAKAR (Reuters) -The European Commission has earmarked over 150 billion euros ($171 billion) for investments in Africa under its Global Gateway programme, European Commission President Ursula von der Leyen announced in Dakar, Senegal on Thursday.
“Today, I’m happy to announce over 150 billion euros for the Africa-Europe programme. It is the first regional plan under Global Gateway two months after the launch of the strategy,” von der Leyen said during a press conference with Senegal’s President Macky Sall.
The Commission announced the 300 billion euro Global Gateway strategy in December to help boost recovery globally, and as an alternative to China’s Belt and Road Initiative.
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European Commission earmarks 150 billion euros for investment in Africa
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