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.
We want technologies and products to be created, manufactured and marketed in Europe.
And we must act now.
Our new Competitiveness Compass is the plan for Europe’s productivity and growth. ↓🧵
#madeinEurope
In the next five years, we’ll work on aligning all European, national and local efforts to supercharge sustainable prosperity and growth.
First, we will drive productivity through innovation.
How?
✅ Supporting start-ups and conditions for scaling up
✅ Building a deeper, more efficient venture capital market
✅ Easing talent mobility and retention
✅ Investing in state-of-the-art infrastructure
✅ Boosting research & innovation