When it comes to #GlobalGateway investments in infrastructure, our top priority is energy.
#TeamEurope will support Africa by:
๐ท increasing renewable energy capacity,
๐ท better access to reliable energy,
๐ท promoting sustainable energy use.
#TeamEurope will provide funding and support for ongoing projects, electricity interconnections & transmission lines across countries, setting up the Africa Single Electricity Market.
๐ข Partnerships with countries championing energy transition.
The objective is to decarbonise the energy mix, including by phasing out coal, optimising the share of transitional sources of energy and investing in renewable energies as well as energy efficiency.
What if the next big AI breakthrough came from Europe?
Today we announced an ambitious AI Continent Action Plan to make this happen โ
Our plan includes:
๐ญ 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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๐ The EU will also set up AI Gigafactories with 100,000 state-of-the-art AI chips โ four times more than current AI factories.
๐ Data Labs will curate large, high-quality data.
๐ฏ We are launching the Apply AI Strategy to boost industrial use in EU sectors.
The EU continues to ramp up pressure against Russiaโs 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 โ
#StandWithUkraine
Key sectors targeted include energy, trade, transport, infrastructure, and financial services โ
153 vessels are now targeted by our measures.
EU sanctions enable the EU to list vessels that support Russiaโs warfare against Ukraine. And now allow the listing of those who supported the operations of unsafe oil tankers.