How Will Africa Benefit From G7 Build Back Better World Vs Belt Road Initiatives - On the 12th June this year, US President Biden met with G7 leaders to discuss strategic competition with China and to commit to tangible efforts to assist low- and middle-income nations in meeting their massive infrastructure needs. Dubbed Build Back Better World, the G7 partners agreed to launch a values-driven, high-standard and transparent infrastructure partnership led by major democracies to help narrow the over $40 trillion infrastructure gap in the developing world, which has been exacerbated by the COVID-19 pandemic. So how will the Build Back Better World initiative help the developing world, especially Africa and how better will it be compared with China's Belt and Road Initiative. Our video today will look into these issues. Before we continue, make sure to like this video and subscribe to our channel, for more exciting future videos. The world's 7 richest economies, G7, have devise a strategy to challenge China's expanding economic influence. They reached an agreement and presented poor countries with an infrastructure plan that can compete with China's multibillion-dollar Belt and Road Initiative. The Build back better initiative, driven chiefly by the President of the United States, Joe Biden, seeks to actively solicit substantial figures of over hundreds of billions in infrastructure investments for low- and middle-income countries, whiles offering a partnership focused on transparency, quality standards and progressive values.