{"id":36527,"date":"2022-02-18T15:05:06","date_gmt":"2022-02-18T15:05:06","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=36527"},"modified":"2022-02-18T15:05:06","modified_gmt":"2022-02-18T15:05:06","slug":"eu-makes-us170-billion-play-to-rival-china-in-africa-but-where-is-the-money-coming-from","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=36527","title":{"rendered":"EU makes US$170 billion play to rival China in Africa. But where is the money coming from?"},"content":{"rendered":"<p>Source: China &#8211; South China Morning PostThe European Union made a play to rival China in Africa, announcing a \u20ac150 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\u2019s total capital allocated to its Global Gateway plans, pitched as an alternative to China\u2019s Belt and Road Initiative.It will be pumped into a range of sectors, including manufacturing,\u2026<a href=\"https:\/\/www.scmp.com\/news\/china\/diplomacy\/article\/3167629\/eu-makes-us170-billion-play-rival-china-africa-where-money?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: China &#8211; South China Morning PostThe European Union made a play to rival China in Africa, announcing a \u20ac150 billion (US$170.5 billion) financing package for projects and development on&hellip; <\/p>\n","protected":false},"author":0,"featured_media":36528,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/36527"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36527"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/36527\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/media\/36528"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36527"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}