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: March 12, 2024
Related Posts
Indian PM Visit to Disputed Border Territory Sparks Angry Chinese Response
China lodged a formal diplomatic protest with the Indian government over Prime Minister Narendra Modi's visit last weekend to a contested border region that China claims as part of "South Tibet" (Zangnan). "China strongly deplores and firmly opposes the Indian leader’s visit ...
India Test Fires New Nuclear Ballistic Missile That Now Puts Beijing Within Range
Prime Minister Narendra Modi proudly congratulated India's state-run Defense Research and Development Organization on Monday for the successful launch of an Agni-5 intercontinental ballistic missile that can travel up to 5,000 km, putting the Chinese capital, Beijing, within striking distance. The key ...
Two Chinese Research Vessels Operating in the Indian Ocean Are Making New Delhi Very Anxious
A pair of Chinese research ships currently deployed to the Indian Ocean Region (IOR) have sparked renewed fears among observers in India that the vessels are gathering military intelligence. The ships, Xiang Yang Hong 01 and Xiang Yang Hong 03, are ...
New IMF Report Takes the Pulse of Rapidly Changing China-Africa Economic Trends
Talks are underway between African and Chinese negotiators over the agenda for the upcoming Forum on China-Africa Cooperation (FOCAC) summit that will take place later this year in Beijing. But this year's FOCAC is going to be very different than previous ...
Putting Geopolitical Competition on Display: Sierra Leonian President Visits China
By Lucas Engel On Saturday, March 2, 2024, Julius Maada Bio, the President of Sierra Leone, returned from China, marking the end of the year’s first visit to China by an African head of state.