Global Gateway – The EU’s global support initiative

Global Gateway – The EU’s global support initiative

The European Union would like to support Third Countries outside its territory through the Global Gateway programme. Therefore, the EU has pledged to invest 300 billion € in the following areas by 2027:

As an additional measure, creation of a European Export Credit Facility is currently being considered to support the Global Gateway objectives. This would help European businesses willing to invest in the targeted Third Countries – especially given the competition by state-backed companies from other developed economies that invest in Third countries.

Thus, the aim is to offer solid financial conditions for partners, including grants, favourable loans, and budgetary guarantees to minimise investment risk and improve debt sustainability as well as technical assistance to design viable projects.

For instance, Africa shall be heavily supported regarding, among other things:

For further details on the objectives, admissibility, eligibility and application concerning the Global Gateway – The EU’s global support initiative, please feel free to contact the EUFUNDINGHUB.