AHC: Spanish empire comeback

Challenge: With a POD after 1830s and to 1914, have a Spanish Empire have a comeback as a powerful empire. They can conquer more of Africa or Asia, or have them pass various reforms.
 
The better POD is to have avoid Napoleon's invasion of Spain and have Ferdinand VII's enlightened despotism continues for 50 more years and evolves into managed liberalism. Without turbulence of the 19th century until Francisco Franco's victory in 1939, Spanish Empire would have lengthened its lifetime for a century more than in OTL by strengthening its Philippine colonies and grabbing Africans that had been gone to France in OTL.
 
Challenge: With a POD after 1830s and to 1914, have a Spanish Empire have a comeback as a powerful empire. They can conquer more of Africa or Asia, or have them pass various reforms.
It is possible if Spain gives Luzon and Cuba to America instead of selling the rest of its empire.
 
I always consider a CSA survives TL as being important to this. If the CSA did exist, their colonial ambitions to Central America and the Caribbean would be faced with the Spanish. I think the Spanish could have won such a war. As a result, Spains flailing empire could be somewhat reversed. I don't see them as gaining any territory during such a war, but could help Spain be seen as a returning power.
 
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