What is the #GlobalGateway Africa – Europe Investment Package?
It is all about supporting Africa for a strong, inclusive, green and digital recovery and transformation.
#TeamEurope – the EU and EU countries, will support concrete and transformational project in priority areas.
We will invest in projects with concrete objectives for the green transition.
This includes:
🔷 increasing the renewable energy generation capacity by at least an additional 300 GW,
🔷 protecting biodiversity by stabilising 3 million km² of land.
The #GlobalGateway Africa – Europe Investment Package will boost investments in regional and continental economic integration, promote sustainable growth and decent job creation.
Unlocking additional financing for sustainable transitions will be key to achieving our common ambition.
The financing of the #GlobalGateway Africa-Europe Investment Package includes bilateral aid, and both grants and loans.
The #GlobalGateway is our strategy to boost smart, clean and secure links in digital, energy and transport and also strengthen health, education and research systems across the world.
What if the next big AI breakthrough came from Europe?
Today we announced an ambitious AI Continent Action Plan to make this happen ↓
Our plan includes:
🏭 13 AI Factories to drive innovation, connecting universities, startups, industry, and policymakers. These hubs will bring together top talent, high-quality data, and powerful computing.
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🚀 The EU will also set up AI Gigafactories with 100,000 state-of-the-art AI chips – four times more than current AI factories.
📊 Data Labs will curate large, high-quality data.
🎯 We are launching the Apply AI Strategy to boost industrial use in EU sectors.
The EU continues to ramp up pressure against Russia’s ability to finance its war of aggression.
We welcome the adoption by the Council of the 16th sanctions package.
This package targets systemically important sectors of the Russian economy ↓
#StandWithUkraine
Key sectors targeted include energy, trade, transport, infrastructure, and financial services ↓
153 vessels are now targeted by our measures.
EU sanctions enable the EU to list vessels that support Russia’s warfare against Ukraine. And now allow the listing of those who supported the operations of unsafe oil tankers.