European Union chief, Ursula von der Leyen, unveils plans to provide investment for Africa.
Written by News Room on February 11, 2022
European Union chief, Ursula von der Leyen, has unveiled plans to provide investment of more than 150 billion euros for Africa.
Von der Leyen disclosed this at a press conference in the Senegalese capital Dakar.
While saying that Europe is Africa’s biggest and most reliable partner, she added that the European Union has set a target date of 2030 for the African funds under the plan.
Report says that the scheme is the first regional plan of the European Union’s Global Gateway — an investment blueprint that seeks to mobilise up to 340 billion dollars for public and private infrastructure around the world by 2027.