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EU-Africa: Global Gateway Investment Package

€150 billion
in investments

Accelerating the green transition

To tackle the global challenge of climate change, the EU works with Africa to maximise the benefits of the green transition and minimise threats to the environment in full compliance with the Paris Agreement.

Green transition: key areas

Sustainable energy

The Investment Package will allow to increase renewable energy and hydrogen and share in the energy mix, access to affordable, reliable and sustainable energy as well as support market integration and sector reforms.

Ambition by 2030: Support Africa’s objective to increase the renewable energy generation capacity to 300 GW.

Biodiversity

Initiatives undertaken under the Investment Package will promote sustainable use of natural resources and biodiversity protection and nature based solutions as the basis of a green recovery, including support to the protection of landscapes and ecosystems.

Ambition by 2030: Improve the livelihood of 65 million people, capturing carbon, stabilising 3 million km² of land and ensuring water security.

Agri-food systems

The Investment Package will support more sustainable African agri-food systems and to a greater extent by creating a conducive and transparent policy environment for sustainable private investments, enhancing investments in support to agri-food and fish-processing, facilitating innovation and boosting improved nutrition.

Ambition by 2030: accelerate the sustainable transformation of African food systems, in support of Africa’s agriculture, fisheries and food development agenda.

Climate resilience and disaster risk reduction

Africa is particularly vulnerable to extreme impacts of climate change, which threatens to undo decades of economic progress and development. The Investment Package will contribute to building resilience by supporting in disaster risk reduction and climate change adaptation, enhancing disaster preparedness for effective response and in recovery, rehabilitation and reconstruction and strengthening governance to manage disaster risk.

Ambition by 2030: Enhance capacity of partner countries to adapt to climate change and substantially reduce disaster risk.

Accelerating the digital transition

Tackling the global digital divide at all levels and strengthening secure digital connections between Europe and Africa, but also across Africa, is a common priority. In the post-COVID-19 world, strong digital connections have become even more essential. The Investment Package will facilitate projects in submarine and terrestrial fibre-optic cables, as well as cloud and data infrastructures. It will also support regulatory frameworks promoting a digital transition that put people at the centre and the principles of trusted connectivity, such as data protection.

Ambition by 2030: to accelerate universal access for all in Africa to reliable internet networks safely and securely wherever they live.

Accelerating sustainable growth and decent job creation

The Investment Package will allow to substantially increase investments to boost regional and continental economic integration, growth and decent job creation.

Sustainable growth: key areas

Transport

The Investment Package will facilitate mobility and trade within Africa and between Africa and Europe through strategic corridors, by developing multi-country transport infrastructure, supporting investment in sustainable, efficient, and safe connectivity between both continents and updating and harmonising regulatory frameworks.

Ambition by 2030: Integrate the African and European multimodal transport networks in line with the regional and continental frameworks and tailor these networks to the economic potential of an African Continental Free Trade Area.

Support to businesses

The Investment Package will support early stage businesses and young entrepreneurs - especially women - in Africa to launch, consolidate and grow sustainable, strong and inclusive businesses and create decent jobs, by offering financial and technical support at the early stages of their development.

Ambition by 2030: Increase the private sector’s contribution to Africa’s growth and economic transformation.

Economic integration

The EU supports Africa’s economic integration process towards the implementation of the African Continental Free Trade Area as a single continental trade and investment system based on strong regulatory frameworks. The European Commission announced an additional EUR 630 million support, including a EUR 24 million action co-funded with France, Germany, Sweden as part of Team Europe. EU efforts also target regional value chains development to support African partners in taking advantage of economic opportunities brought by AfCFTA.

Ambition by 2030: Strengthen continental and regional economic integration and accelerate Africa’s industrial development.

Inclusive economies - North Africa region

Through the Economic and Investment plan for the Southern Neighbourhood, the EU will seek to promote sustainable trade and investment in higher value-added sectors and support vocational training to seize the new opportunities offered by the twin green and digital transitions. The initiative will also support entrepreneurship for young and women entrepreneurs, particularly in future-oriented areas.

Ambition by 2030: Increase the private sector’s contribution to Africa’s growth and economic transformation.

Sustainable mineral raw materials value chains

The EU is developing bilateral partnerships with resource-rich countries to identify key thematic areas to take advantage of the AfCFTA and to promote investment along the raw materials value chains, supporting partner countries to develop regional value chains, diversify their economies and create local added-value.

Ambition by 2030: Enable African countries to integrate their raw materials and resources into sustainable global value chains.

Africa-EU Science, Technology and Innovation Initiative

The EU is committed to step up cooperation with partner countries to improve capacities in science, technology and innovation, upgrade research and innovation facilities, strengthen innovation ecosystems, and increase research collaboration.

Ambition by 2030: Acceleration of Africa’s transition to an innovation-led, scientific, knowledge-based economy.

Strengthening health systems

Resilient health systems and successful vaccination campaigns are key to mitigating the effects of COVID-19 on public health and providing better health care in the future. Team Europe is supporting Africa’s efforts in vaccine deployment, infrastructure and production capacities, skills development, regulatory frameworks and universal health coverage.

Ambition by 2030: Improved vaccination coverage, strengthened African pharmaceutical system with regional manufacturing capacities to meet local needs and demand

Investing in education and training

Investing in education is an investment in the world’s future. With 1.6 billion children out of school at the peak of the COVID-19 pandemic, an unprecedented learning disruption has been created, which we collectively need to address.

The EU is committed to supporting its African partners in providing modern, quality education and training for all children and youth, it is also committed to providing training that corresponds to the opportunities available on the labour market, facilitating youth mobility, and fostering innovative solutions to enhance teachers’ competences and skills.

Ambition by 2030: Expanded skills development opportunities, to meet emerging needs for Africa’s economic and social transformation

Supporting sustainable financing for growth

Unlocking additional financing for sustainable transitions will be key to achieve our common ambition.

Grants and loans

The financing of the Global Gateway Africa-Europe Investment Package include EU and the EU Member States’ bilateral aid, and both grants and loans. The Investment Package will also attract private funding, targeting investment from both Africa and Europe.

The EU will help mobilise investment by sharing risks involved in investing through blended finance and guarantees.

Global Green Bond Initiative

The EU will seek to support partner countries in developing and scaling up their green bond markets, thereby helping them to attract greater financing from the international capital markets and institutional investors for their sustainable investment.

It will do so by:

  • providing technical assistance to partners, and
  • attracting private investors

Special Drawing Rights

On 14 October 2022, the EU signed a EUR 100 million grant agreement for the International Monetary Fund’s (IMF) Poverty Reduction and Growth Trust (PRGT). It will allow the IMF to make about EUR 630 million worth of zero interest loans for PRGT-eligible African, Caribbean and Pacific (ACP) countries facing balance of payments difficulties. Access to affordable finance is key to help these countries maintain macroeconomic stability in the context of economic and food crisis worsened by Russia’s war of aggression against Ukraine. EU contribution reflects EU commitment to find multilateral solutions to today’s most pressing challenges and complements EU MS pledges to channel SDRs contributions.

Documents

9 FEBRUARY 2022
EU-Africa: Global Gateway Investment Package
English
(5.95 KB - HTML)
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Factsheet available also in Swahili

Factsheet available also in Arabic

 

9 FEBRUARY 2022
EU-Africa: Global Gateway Investment Package – Health
English
(5.95 KB - HTML)
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Factsheet available also in Swahili

Factsheet available also in Arabic

 

9 FEBRUARY 2022
EU-Africa: Global Gateway Investment Package – Education and Training
English
(5.95 KB - HTML)
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Factsheet available also in Swahili

Factsheet available also in Arabic

 

18 FEBRUARY 2022
EU-Africa: Global Gateway Investment Package - Digital transition
English
(5.95 KB - HTML)
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Factsheet available also in Swahili

Factsheet available also in Arabic

 

18 FEBRUARY 2022
EU-Africa: Global Gateway Investment Package - Africa-EU Green Energy Initiative
English
(5.95 KB - HTML)
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Factsheet available also in Swahili

Factsheet available also in Arabic

 

18 FEBRUARY 2022
EU-Africa: Global Gateway Investment Package - Strategic Corridors
English
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Factsheet available also in Swahili

Factsheet available also in Arabic

 

18 FEBRUARY 2022
EU-Africa: Global Gateway Investment Package - Africa's Great Green Wall Initiative
English
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Factsheet available also in Swahili

Factsheet available also in Arabic

 

18 FEBRUARY 2022
EU-Africa: Global Gateway Investment Package - Investing in Young Businesses in Africa
English
(5.95 KB - HTML)
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Factsheet available also in Swahili

Factsheet available also in Arabic

 

18 FEBRUARY 2022
EU-Africa: Global Gateway Investment Package - Sustainable food systems
English
(5.95 KB - HTML)
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Factsheet available also in Swahili

Factsheet available also in Arabic

 

18 FEBRUARY 2022
EU-Africa: Global Gateway Investment Package – Climate resilience
English
(5.95 KB - HTML)
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Factsheet available also in Swahili

Factsheet available also in Arabic

 

18 FEBRUARY 2022
EU-Africa: Global Gateway Investment Package - Infrastructure
English
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Factsheet available also in Swahili

Factsheet available also in Arabic

 

16 DECEMBER 2022
EU-Africa: Global Gateway Investment Package - Regional value chains
English
(5.95 KB - HTML)
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Factsheet available also in Swahili

Factsheet available also in Arabic

 

16 DECEMBER 2022
EU-Africa: Global Gateway Investment Package - Science, technology and innovation
English
(5.95 KB - HTML)
Download

Factsheet available also in Swahili

Factsheet available also in Arabic