After several years of declining funding, the African end of the Belt and Road Initiative seems to be roaring back. The newest Griffith University/Green Development Finance Center data on the Belt and Road Initiative shows that engagement with Africa jumped by 395%, while a few big projects boosted engagement in Nigeria alone more than twelvefold.
These shifts indicate a window of opportunity for African electrification. 60% of Africans still ...
Day: October 19, 2023
Related Posts
Belt and Road Forum Concludes as Geopolitical Clouds Gather
The Belt and Road Forum has wrapped up with an eye-watering list of new initiatives and events, and commitments. Some of these are strikingly vague and/or abstract and working out exactly what they entail will take a while. What is notable ...
China Furious Over U.S. Veto of UN Action on Israel-Hamas War
China's normally soft-spoken ambassador to the United Nations, Zhang Jun, expressed "shock and disappointment" that the United States used its veto power on the Security Council to block a resolution that called for a humanitarian pause in the fighting between Israel and Hamas. ...
China’s Foremost Mideast Scholar Explains Beijing’s Response to the Israel-Hamas War
China was much slower than the other major powers to respond to the October 7 terrorist attack by the Islamic militant group Hamas against civilian populations in southern Israel. The following week, when Chinese Foreign Minister Wang Yi laid out Beijing's ...
Kevin Gallagher’s Key Takeaways From the Belt & Road Forum
Boston University Global Development Policy Center Director Kevin Gallagher was one of only a handful of U.S. stakeholders invited to participate in the Belt and Road Forum that just wrapped up in Beijing. Kevin joined CGSP Editor-in-Chief Eric Olander for a ...
Xi Meets with Kenyan, UN, Nigerian Leaders
Chinese President Xi Jinping had another flurry of high-level meetings on the sidelines of the Belt and Road Forum on Wednesday. During his meeting with Kenyan President William Ruto, Xi pledged further support for investment in Kenya, as well as cooperation in ...
Analysis from Cobus van Staden
Wang Yi to Challenges Western BRI-Rivals: Bring it On
Chinese Foreign Minister Wang Yi held a press conference following the closing ceremony of this week’s Belt and Road Forum that summed up the sprawling event as an example of a confident China’s openness to working with the world (and especially the Global South) to boost mutual development.
Vietnam Sentences Trafficking Ringleaders That Sold Brides in China
A court in Vietnam sentenced six women to up to 30 years in jail for running a trafficking ring that sold women and girls to China as wives — a problem that has plagued Southeast Asia for years. China’s gender imbalance ...
Vietnam’s “Multi-Alignment” Strategy: Friend to All, Ally to None
Most developing countries around the world have stated repeatedly and emphatically that they do not want to be drawn into a new Cold War between the United States and China -- few, though, have moved with as much determination as Vietnam to ensure that never happens.