Sunday, August 14, 2022
HomeNewsAfricaG7’s $600bn infrastructure plan aims to compete with China in Africa

G7’s $600bn infrastructure plan aims to compete with China in Africa

The Partnership for Global Infrastructure and Investment (PGII) aims to mobilise $600bn in public and private funds through 2027 to fund infrastructure projects in developing countries, namely in Africa. About a third, or $200bn, would be raised by the US.

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