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How the EU plans to gain ground in Africa’s digital infrastructure board and wrestle China’s $1tr Belt and Road Initiative

EU chief says foreign investment in Africa too often came with "hidden costs" attached as Brussels lays out plans for subsea cables, data centres and satellite infrastructure.

By João Marques Lima

Founder and Editor, The Tech Capital

9 Mins

February 21, 2022 | 12:24 AM GMT

How the EU plans to gain ground in Africa’s digital infrastructure board and wrestle China’s $1tr Belt and Road Initiative

Ursula von der Leyen, President of the European Commission, participates in the European Union – African Union Summit. Source: EC press room

The European Union’s (EU) chief Ursula von der Leyen has announced a flagship investment package of €150 billion (~US$170 billion) which will be directed towards helping Africa build its infrastructure and services, from digital assets to hospitals, schools, transportation, energy generation and more.

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João Marques Lima

Founder and Editor, The Tech Capital

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