The Global Gateway Africa – Europe Investment Package aims to support Africa for a strong, inclusive, green and digital recovery and transformation by: Contact online >>
The Global Gateway Africa – Europe Investment Package aims to support Africa for a strong, inclusive, green and digital recovery and transformation by:
The Global Gateway Africa-Europe Investment Package is being implemented through Team Europe initiatives: the EU, its Member States and European financial institutions work together to support concrete and transformational projects jointly identified in priority areas.
To tackle the global challenge of climate change, the EU works with Africa to maximise the benefits of a job-rich green transition and minimise threats to the environment in full compliance with the Paris Agreement.
Across the African continent, massive deployment of renewable energy and clean hydrogen production would contribute to have at least 40 Gigawatts of electrolyser capacity by 2030. It would alsohelp develop the renewable hydrogen sector by unlocking business opportunities in both the supply and demand side for energy intensive industries.
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:Increase the renewable energy generation capacity by at least an additional 300 GW.
Initiatives undertaken under the Investment Package contribute to increasing 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.
The Investment Package supports more sustainable African agri-food systems 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.
Africa is particularly vulnerable to extreme impacts of climate change, which threatens to undo decades of economic progress and development. The Investment Package is contributing 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.
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 facilitates projects in submarine and terrestrial fibre-optic cables, as well as cloud and data infrastructures and support regulatory frameworks promoting a digital transition that puts 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.
With the Medusa flagship, underwater cabling in the Mediterranean will connect Northern African countries to EU countries. An extension of the cabling to West Africa is currently envisaged, with a first landing in Dakar (Sénégal).
The Africa 1 subsea digital cable will be linking Europe to the entire East coast of Africa.
The Investment Package will allow us to substantially increase investments to boost regional and continental economic integration, growth and decent job creation.
The Investment Package facilitates 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 the African Continental Free Trade Area.
The Investment Package supports 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.
The EU supports strengthening Africa''s economic integration process towards the African vision of the AfCFTA as a single continental trade and investment system which is stable, solid and based on clear regulatory frameworks. As part of its Team Europe efforts, the European Commission has announced additional €630 million to continue such support, including the operationalisation of the TEI Technical Assistance Facility to the AfCFTA - a €24.2 million action co-funded by France, Germany and Sweden.
Ambition by 2030: Strengthen continental and regional economic integration and accelerate Africa''s industrial development.
Through the Economic and Investment plan for the Southern Neighbourhood, the EU seeks to promote sustainable trade and investment into higher value-added sectors and support vocational training to seize the new opportunities offered by the twin transitions green and digital. The initiative will also support entrepreneurship for young and women entrepreneurs, particularly in future-oriented areas.
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.
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. The Investment Package supports the use of new technologies and knowledge transfers in Africa by leveraging EU Space Programmes and applications.
Ambition by 2030: Acceleration of Africa''s transition to an innovation-led, scientific knowledge-based economy value chains.
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.
The Team Europe initiative Manufacturing and Access to Vaccines, Medicines and Health Technologies aims to support African partners in strengthening local pharmaceutical systems and manufacturing capacity. At regional level, EU funding is mobilised for regulatory strengthening and the African Medicines Agency (AMA), the WHO technology transfer hub, and the secretariat of the Partnership for African Vaccine Manufacturing, hosted by the Africa Centres for Disease Control and Prevention. At the national level, the focus is on increasing production capacity and manufacturing plants and on creating the right ecosystem for investment.
Investing in education is an investment in the world''s future. With 1.6 billion children out of school at its peak, the COVID-19 pandemic has created an unprecedented learning disruption, 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, training that corresponds to the opportunities available at 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.
The flagship initiative on Youth Mobility for Africa promotes learning mobility opportunities within Africa and between Africa and the EU. It supports cooperation in higher education and skills development, and promotes Africa as a study destination.
Unlocking additional financing for sustainable transitions will be key to achieve our common ambition.
The Global Gateway Africa-Europe Investment Package supports early stage businesses and young entrepreneurs - especially women - in Africa to launch, consolidate and grow sustainable, strong and inclusive businesses and create decent jobs.
Investing in Young Businesses in Africa – Supporting Entrepreneurship Ecosystem Development (IYBA-SEED) IYBA-SEED is part of the Team Europe Initiative ''Investing in Young Businesses in Africa'', which aims to support the young business ecosystem, with a special focus on women. It will contribute to the creation of decent jobs and resilient economies by strengthening entrepreneurial ecosystems in a number of sub-Saharan countries, which will result in increased access to financial resources and technical assistance for SEED beneficiaries.
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