A globally connected network of solar and wind energy could provide three times the global energy demand by 2050 at a lower cost than independent national power systems. This is the finding of a study led by the Chinese Academy of Sciences in collaboration with researchers from the United States and Denmark.
The study focused on how areas with high solar and wind capacity (such as deserts) can be linked ...
Day: March 9, 2021
Related Posts
Kenya to Take Control of Some SGR Responsibilities Ahead of Schedule in an Effort to Reduce Debt Burden
Kenya Railways (KR) and Afristar, a subsidiary of the state-owned China Road and Bridge Corporation, have agreed to transfer some of the responsibilities of operating the embattled Standard Gauge Railway years ahead of schedule as part of an effort to reduce the financial burden on ...
How Much Does Kenya Owe China to Build and Operate the Various SGR Lines?
It's not clear at this time if the decision to expedite the handover of some SGR responsibilities from Afristar to Kenya Railways is part of the ongoing debt restructuring talks that are purportedly underway between China and Kenya. Until now, there's ...
CARI: Chinese Lenders Have Provided $7.6 Billion in Debt Relief Since Last Year, Mostly to Africa
Angola is the primary beneficiary of Chinese debt restructuring activities over the past year, accounting for $6.2 billion out of $7.6 billion of total relief provided by Beijing to developing countries in 2020-2021, according to official data compiled by the China-Africa Research Initiative at ...
China Takes a Lot More Risks in Loans to African Countries Than Other International Creditors
New research finds that China has a much higher risk tolerance in its overseas lending practices, particularly to African countries, compared to other major creditors from the U.S., Europe, and Japan. "There is a negative relationship between credit risk and Chinese development finance—a disproportionate share of Chinese ...
Zambia Says It’s Investigating the Chinese “Trolley Man” After Racist Video Goes Viral
Zambian Labor Secretary Chanda Kaziya said an investigation is underway of the Chinese national who was recorded on video being pulled on a trolley by a local employee. He was immediately forced to get off the cart after a group of young men intervened and ordered him down, ...
The View of China-Africa Relations from Washington
We’re thrilled to feature our conversation with Tibor Nagy, the former Assistant Secretary of State for Africa for the Trump administration on the latest episode of the China in Africa Podcast. It was a real honor to speak with someone who had been so instrumental ...
Tibor Nagy Reflects on U.S.-China Competition in Africa
The Chinese "are kicking our tails everywhere" warned Tibor Nagy in a recent column published in the Lubbock Avalanche-Journal newspaper in Texas. The former top U.S. diplomat for Africa called on the new Biden administration to do more to confront ...