Tag: Global Gateway
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East Africa: EU Global Gateway struggles to challenge rival China’s BRI

North Africa PostComments Off on East Africa: EU Global Gateway struggles to challenge rival China’s BRI

To offer developing countries an “alternative” to China’s Belt and Road Initiative (BRI), the EU launched, in 2021, its €300 billion Global Gateway scheme but as Kenya’s case shows, the EU’s initiative struggles to challenge its Chinese rival. For the European Union, investing in trade routes is about economic development and a way to push […]
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Europe eyes DRC, Zambia, other African states, seeking critical mineral pacts to cut reliance on China

North Africa PostComments Off on Europe eyes DRC, Zambia, other African states, seeking critical mineral pacts to cut reliance on China

The European Union is finalizing partnerships with the Democratic Republic of Congo (DRC) and Zambia to boost local industries as the bloc wants to mine its way out of its heavy dependence on foreign powers like China for critical materials needed to power its green transition. A planned memorandum of understanding is widely seen as […]