Tag: Global Gateway
Related Posts
EU’s Global Gateway Forum Aims to Take On China’s Belt and Road
Wednesday and Thursday will see leaders from twenty countries gathering in Brussels for the Global Gateway Forum, the newest step in the EU’s global infrastructure scheme. The forum comes a week after China’s Belt and Road Forum, which gathered representatives from about 130 countries. ...
$1.3 Billion Chinese Investment in Zambian Copper Sector as EU Readies Competing Deal
The Chinese mining giant China Non-Ferrous Metals Mining Company (CNMC) announced a plan to invest $1.3 billion in Zambia across a range of sectors. The agreement, announced by CNMC chairperson Xi Zhengping, includes a $400 million investment in the Chambishi copper mine, run by its subsidiary Non-Ferrous Corporation ...
U.S., EU Unveil Next Steps in the Expansion of Angola’s Lobito Corridor Railway
The United States and the European Union are moving forward with a plan to upgrade the 1,300-kilometer Lobito rail corridor that links the copper and cobalt belts in Zambia and the DR Congo with the port of Lobito in Angola. In separate ...
How the Global South Can Leverage the BRI and PGII: Competing and Complementary Infrastructure Initiatives
By Oyintarelado Moses and Keren Zhu Last month, the United States and the European Union launched new agreements under the Partnership for Global Infrastructure and Investment (PGII) on the sidelines of the G20 meeting and the European Commission announced the Global Gateway’s (GG) ...
Happy Birthday, B3W! We Have Some Questions.
Very few noticed, but June 12 saw an important milestone: the one-year anniversary of the announcement of the Biden administration’s Build Back Better World (B3W) initiative. The plan drew on two kinds of connectivity. First, it was linked with Biden’s ...
China, Europe and the Geopolitics of African Renewable Energy
Both China and the European Union have identified renewable energy as a key part of their engagement strategies with Africa. At FOCAC last year, the Chinese vowed to increase investment in solar, hydro, and other green technologies while the EU made ...
The Only Way is South
Earlier this week, we highlighted a tweet from the Africa News journalist Ronald Kato: “Can safely argue at this point that the recent EU-Africa summit was a waste of time. The Global Gway is dead.”
Sino-European Competition for Influence in Africa
It's only been a few weeks since the Europe-Africa summit in Brussels, EU where officials unveiled a huge €150 billion development package for Africa that aimed to convey a two-part message: 1) We're ready to engage Africa and 2) we're not going to cede further ...
China, Africa and the War in Ukraine
With the Russian military now moving on Ukraine, the consequences of Europe's latest war are being felt around the world. Asian markets fell sharply today while oil prices shot up, crossing the $100 mark for the first time in seven years. ...
If the EU Really Wants to Challenge China in Africa, It’s Going to Have to Do Better
European leaders were all smiles on Friday at the end of a two-day summit in Brussels with their African counterparts which they hope will reset strained ties. The highlight of the summit was the announcement of a hugely ambitious $170 billion ...
Africa-Europe Summit Begins Amid Hope, Skepticism and a Wary Eye on China
European and African leaders kicked off a two-day summit in Brussels on Thursday amid a sense that ties between these two continents have reached a critical inflection point. European leaders, notably French President Emmanuel Macron, the current rotating president of the ...
EU-Africa Summit Set to Begin Amid a Rapidly Changing Geopolitical Landscape
African leaders have been arriving in Brussels all week in advance of the two-day Europe-Africa summit that begins tomorrow. But the timing of this year's gathering comes as some in Europe are bracing for what could be the continent's largest war since WWII and an increasingly contentious ...