Plans Afoot For Chad Basin's Economic Recovery

Europe's controversial Global Gateway Plan can complement existing development projects - in a direct response to China's Belt and Road initiative in Africa, writes Teniola Tayo for the Institute for Security Studies.

The European Union (EU) will, on Febuary 6, 2023 finalise the list of priority projects under its initiative. The plan is to mobilise investments that build sustainable links worldwide that was unveiled in December 2021. Half of the €300 billion global target is earmarked for soft and hard infrastructure projects in Africa between 2021 and 2027.

The Lake Chad Basin has been ravaged by Boko Haram violence for over a decade, and the global gateway could help resolve the underlying causes of the crisis.


Lake Chad region (file photo).

Follow AllAfrica

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.