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ISS TODAY OP-ED: European Union investment could be the catalyst to revive Lake Chad Basin’s economy

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ISS TODAY OP-ED: European Union investment could be the catalyst to revive Lake Chad Basin’s economy
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With African guidance, Europe’s controversial Global Gateway plan can complement existing development projects.

in the building and reconstructing of infrastructure such as roads, markets, schools, hospitals and government offices. Training centres have also been established for skills acquisition.

Attracting investment into regions suffering from protracted conflict is a tall order, but the Global Gateway hopes to incentivise the European private sector to invest in apparent high-risk areas. The plan also focuses on security — and the combination of these elements presents a compelling case for the Lake Chad Basin. The intersection between climate change and regional security makes local projects a great fit, given the focus on climate resilience projects.

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