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EU chief unveils €150b investment plan for Africa | Malay Mail

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DAKAR, Feb 10 — European Commission President Ursula von der Leyen announced a more than €150-billion (RM715-billion) investment plan for Africa at a news conference in Senegal’s capital Dakar today. It is the first regional plan of the European Union’s Global Gateway investment scheme,...

DAKAR, Feb 10 — European Commission President Ursula von der Leyen announced a more than €150-billion investment plan for Africa at a news conference in Senegal’s capital Dakar today.

Seen as a response to China’s Belt and Road initiative, the investment scheme will draw on private-sector investments as well as funding from EU institutions and member countries.

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