EU-Africa more than 150 billion euros of investments "more in this guardianship relationship"

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EU-TECH/CHIPS REUTERS - POOL

By: Florent Guignard Follow

The President of the European Commission announced Thursday that Europe intends to mobilize more than 150 billion euros of investment in Africa in the coming years.

This announcement is part of the Global Gateway initiative, which aims to mobilize public and private funds for infrastructure projects.

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Global Gateway is seen as a response to the New Silk Roads traced by China, which is rapidly expanding its economic and political presence on the African continent.

The decryption of Pierre Jacquemot, economist, former diplomat and teacher at the Institute of Political Studies in Paris.

Author of

Agricultural and food sovereignty in Africa: the reconquest

, at Harmattan.

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  • European Union

  • Africa

  • Ursula von der Leyen

  • Economy

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