Source: China – South China Morning PostThe European Union made a play to rival China in Africa, announcing a €150 billion (US$170.5 billion) financing package for projects and development on the continent on Friday after a two-day summit with the African Union in Brussels.The funding will be spread across seven years and account for half of the bloc’s total capital allocated to its Global Gateway plans, pitched as an alternative to China’s Belt and Road Initiative.It will be pumped into a range of sectors, including manufacturing,…Read More