9/ This adds up to yet another EU blueprint for exploitation, disguised as development and sold as debt. Africa should not pay for European green growth

8/ Since it can’t outspend China, Europe markets ‘values’. But issues like weak due diligence standards, rights violations, environmental damage, and risky debt burdens keep emerging in the Global Gateway

www.euronews.com/my-europe/20...

7/ While China refers to “Made in Africa” brands and local manufacturing in its China-Africa Cooperation Vision 2035, the EU’s Global Gateway PR is all about European companies

www.focac.org/eng/zywx_1/z...

6/ Despite lip service to local value, projects like the Lobito Corridor – under corrupt multinationals’ control – aim to transport underpriced minerals from DRC, Zambia & Angola to Europe and the US with no real benefit for local economies

5/ Projects like the SouthH2 Corridor — a hydrogen pipeline from North Africa to Europe (Austria, Germany, Italy) — aim to secure energy imports for Europe. Yet, 600M+ people in sub-Saharan Africa still lack electricity
@recommon.org @corporateeurope.bsky.social

www.recommon.org/en/eus-south...

4/ Launched post-COVID-19 to secure supply chains and boost Western ‘green growth’, half of what the Global Gateway aims to mobilise €150b is targeting Africa. But China’s Belt and Road has already invested $1.17t there

greenfdc.org/china-belt-a...

3/ Like EU trade deals that have gutted local industries, the GG pushes privatisation and liberalisation. This way European firms build renewable energy plants – paid for with EU funds to help compete with cheaper Chinese alternatives, but also by other governments amassing debt

2/ Nairobi’s electrified bus system could affect 35,000 local transport jobs to sell EU-made buses – all branded as climate action and sustainable development. Money flows back to the EU, making a joke of ‘Official Development Assistance’ label @ituc.bsky.social

www.ituc-csi.org/IMG/pdf/sdjt...

1/ The Global Gateway extends Europe’s economic reach through development & climate finance (debt), milking other countries for resources and pushing its clean technologies in the Global South – often at the cost of local industrial development and jobs
www.greenbuildingafrica.co.za/akuo-and-sag...

11/ (end) The new list will need a proper examination, also to be able to see which ones can be promising. But with the information given 🎁 in the list, it is much easier to spot the problems – and that’s concerning.

10/ Export credit agencies are explicitly involved - namely 🇩🇪 - in an urban infrastructure (e.g. metro) and renewables project in India.

Unlike ODA, it openly promotes EU business. Some suggest it is a better tool to finance GG. But a LOT would have to improve

counter-balance.org/uploads/file...

9/ What kind of transparency standard is this? A private fund for investments in water and land use, with a financial close of 1 bn USD (!). Who pays this? BlackRock-owned @suez, already supported under the #GlobalGateway?