Africa: Why Europe Is Banking On Africa for Its Big-Ticket Investments

Africa: Why Europe Is Banking On Africa for Its Big-Ticket Investments

allAfrica.com

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[RFI] The European Union is investing heavily in Africa - pouring half of its global mega budget of €300 billion into projects on the continent. Renewable energy, internet access, transport, vaccines and education are several sectors benefiting from private and public EU funds - an effort that's being supported by the European Investment Bank (EIB). RFI spoke to vice president Ambroise Fayolle about the bank's strategy for Africa.

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