EU unveils €150bn investment plan for Africa

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EU chief Ursula von der Leyen on Thursday unveiled plans to muster investment of more than 150 billion euros for Africa, proclaiming Europe to be the continent's biggest and 'most reliable' partner.

EU chief Ursula von der Leyen on Thursday unveiled plans to muster investment of more than 150 billion euros for Africa, proclaiming Europe to be the continent’s biggest and “most reliable” partner.

Seen as a response to China’s Belt and Road initiative, the strategy will use funding from EU institutions and member countries to leverage private-sector investment. The money will go towards renewable energy, reducing the risk of natural disasters, internet access, transport, vaccine production and education in Africa, the document said.

Von der Leyen, who is president of the powerful executive European Commission, arrived on Wednesday to prepare for a summit between the EU and the African Union on February 17-18.

 

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Please exclude Nigeria. Its an infant still crawling. An infant doesn't know what to do with money but put it in its mouth.

They wan return small from all wey Dem don siphon. Una do well o

They should invest in their continent and leave Africa alone

They s

Presenting a paper.

This is another way of our colonial masters still in charge. We don’t need their money. Let’s face our sapa alone and find a way out.

lol,another genocide and cashout loading

EU is about to go bankrupt on this 😁😁😁

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EU Chief Unveils 150bn Euro Investment Plan For AfricaEU chief Ursula von der Leyen on Thursday unveiled plans to muster investment of more than 150 billion euros for Africa, proclaiming Europe to be the continent’s biggest and “most reliable” partner. The scheme is the first regional plan of the European Union’s Global Gateway — an investment blueprint that seeks to mobilise up … Continue reading EU Chief Unveils 150bn Euro Investment Plan For Africa So! Africa's stolen wealth in Europe would now be 'returned' as 'investments', not as 'loans' as it happened in the not too distant past The highest and the investment they can do in Africa now, today and tomorrow is the freedom of Biafra. Tell them that! The best and the greatest investment EUinNigeria, Europarl_EN, EuropeanUnion12 can give to Africa now, today and tomorrow is the Freedom of Biafra. Tell them that
Source: channelstv - 🏆 7. / 63 Read more »