Platform for African – European Partnership in Agricultural Research for Development

Friday, February 2, 2024

Global Gateway: EC and AFDB Group unlock new funding for African infrastructure projects

28 January 2024. On the sidelines of the Italy-Africa Summit, the European Commission (EC) and the African Development Bank Group have formalised a new Financial Framework Partnership Agreement to boost investments in infrastructure projects in Africa.

This agreement will enable a series of investments in Sub-Saharan Africa in strategic transport corridors, in energy and digital connectivity. One of the main joint projects is the development of the “Lobito Corridor”, an innovative transport corridor that will  enhance export possibilities for Zambia, Angola and the Democratic Republic of Congo, to boost the circulation of goods and to promote the mobility of citizens. 


COP28: EU announced over €20 billion for Team Europe Initiative on Africa-EU Green Energy Initiative

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