European Union plans $23 billion to check China’s reach in S Africa

[ad_1]


The is working on a 20 billion-euro ($22.7 billion) financing package to support African transport networks, as well as energy, digital, education and health projects to counter China’s reach in the continent.


Member states, however, have yet to commit to financing the infrastructure plans, according to officials familiar with the discussions.





The bloc’s plan includes strategic corridors, submarine cables, new energy interconnections and investments in renewable sources in Senegal, Cote d’Ivoire, Egypt, Morocco and Kenya, according to a draft of the package seen by Bloomberg.


The investment is aimed at underpinning the new partnership that the EU and Africa want to seal at a 17-18 February summit in Brussels. African leaders have prioritized roads, railways and bridges.


The EU list includes about 60 projects meant to relaunch the relationship, after months of tensions over vaccine supplies and patents, as well as travel restrictions aimed at stemming the Covid-19 pandemic.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

See also  IPL 2022 SRH vs KKR Live Score: Natarajan strikes twice in three balls

Support quality journalism and subscribe to Business Standard.

Digital Editor



[ad_2]

Source link

Aslantia Saga

KoranDigitalku
https://tektok77.pages.dev/https://giantconstrictingsnakes.com/https://tigril-news.s3.ap-southeast-1.amazonaws.com/bocoran-rtp-live-slot-pg-gacor-nexus-engine.htmlhttps://tigril-news.s3.ap-southeast-1.amazonaws.com/keluaran-pola-mahjong-terbaik-untuk-mudah-jackpot.htmlhttps://herbal-news.s3.ap-southeast-1.amazonaws.com/bocoran-rtp-slot-starlight-princess-dijamin-maxwin-loh.htmlhttps://herbal-news.s3.ap-southeast-1.amazonaws.com/rahasia-pro-slotter-maxwin-di-slot-wild-west-gold.htmlhttps://tigril-news.s3.ap-southeast-1.amazonaws.com/makan-malam-ditemenin-kali-merah-slot-zeus-gacor.htmlhttps://tigril-news.s3.ap-southeast-1.amazonaws.com/trik-mudah-jackpot-dengan-cheat-slot-pragmatic-terbaru.htmlhttps://data.kepahiangkab.go.id/uploads/user/2024-02-24-131229.085246index.html#https://portalsewa-news.s3.ap-southeast-1.amazonaws.com/tips-jackpot-di-game-slot-terbaru-mirip-fafana-di-higgs-domino.htmlhttps://portalsewa-news.s3.ap-southeast-1.amazonaws.com/pola-rtp-jackpot-terjitu-khusus-mahjong-ways-saat-ini.htmlhttps://portalsewa-news.s3.ap-southeast-1.amazonaws.com/sitem-curang-hancurkan-bandar-slot-serakah-terbaru.htmlhttps://portalsewa-news.s3.ap-southeast-1.amazonaws.com/kumpulan-pola-slot-mahjong-ways-paling-akurat-2024.htmlhttps://portalsewa-news.s3.ap-southeast-1.amazonaws.com/trik-jitu-menang-jackpot-game-slot-starlight-princess-1000.htmlhttps://cibai-news.s3.ap-southeast-1.amazonaws.com/sistem-slot-pragmatic-gampang-menang-maxwin-setiap-hari.htmlhttps://cibai-news.s3.ap-southeast-1.amazonaws.com/akun-spesial-server-kamboja-khusus-game-mahjong-ways.html