Day: October 27, 2021

Related Posts

In Phone Call With Macron, Xi Pursues Trilateral Development Cooperation in Africa

Chinese President Xi Jinping urged his French counterpart Emmanuel Macron in a phone call on Tuesday that the European Union should pursue greater autonomy (presumably from the U.S.) in its foreign policy. The two leaders also discussed the upcoming COP26 climate ...

Jake Sullivan: B3W Will Show How Americans Can Outcompete China on Infrastructure

U.S. National Security Advisor Jake Sullivan (photo) reiterated what's has become a common talking point in Washington: that the administration's Build Back Better World (B3W) initiative is going to challenge China's Belt and Road Initiative head-on. Sullivan ...

If the U.S. is Going to Compete Against China’s BRI, Then It’s Going to Have to Mobilize the Private Sector… And That Won’t Be Easy

If the proposed B3W has any chance of rivaling China's eight-year-old Belt and Road Initiative, the U.S. government is going to have to persuade development finance institutions, private companies, and Wall Street that building infrastructure in some of the world's highest risk countries is a good investment. ...

Nairobi Commuters Will Finally Get Some Relief When First Section of New Chinese-Financed Expressway Opens This Weekend

The Kenya National Highway Authority (KeNHA) finally said the words that every Nairobi motorist has been waiting to hear: the expressway is open! OK, so it's just the first section of the 27-kilometer roadway but even that will provide some badly-needed relief ...

China, DRC Sign Three Agreements to Reduce Debt and Provide New Aid

Chinese ambassador to the DRC Zhu Jing and Foreign Affairs Minister Christophe Lutundula Apala posed for a ceremonial fist-bump at the Foreign Ministry in Kinshasa following the signing earlier this month of three new accords that will provide additional Chinese aid to the DRC while eliminating some of ...

Analysis from Cobus van Staden

How to Lure Chinese Financing Back to the Global South: Report

Global South countries face increasing financing pressure, endangering their ability to keep developing while also implementing measures to deal with a growing climate crisis. The disruption of global trade is coupled with a larger megatrend: flows of international capital to the developing world have turned negative. This means that countries are now routinely paying more to service loans than they receive in disbursements.

The vast majority of Global South borrowers ...

The Lives of African Youth Need to Be on the Climate Agenda in Glasgow

Our podcast conversation this week with the Kenyan economist Anzetse Were was a feast of insights. Among these was her point that there is a massive lag between financing for climate mitigation versus climate adaptation. The former refers to measures directly aimed at reducing future ...

Chinese Companies Looking to Improve Their Reputations in Africa Could Learn a Lot From What Huawei’s Doing in Kenya

Very few Chinese companies have been able to generate the kind of goodwill that Chinese telecom giant Huawei enjoys in Kenya and it’s not by chance. When it comes to local employment, the company spans a whole value chain from suppliers, technicians, charitable partners, educators, and academics ...

Q&A: What’s At Stake For China in Sudan?

China's reaction, so far, to Monday's military coup in Sudan has been reserved, especially compared to the forceful response Beijing issued within 24 hours of last month's overthrow of President Alpha Condé's government in Guinea. But China's interests in Guinea and Sudan are very different and ...