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 18, 2024
Related Posts
China Still Not Seen as a Serious Political Actor in the Middle East, Explains Top Sino-Mideast Scholar
With yet another Chinese envoy touring the Mideast, many people are scratching their heads, wondering what Beijing is trying to accomplish with its diplomacy in the region. Many Arab and Gulf governments see the Chinese as "the new kid on the ...
Angolan President Returned Home From China With Diplomatic Upgrade, Oil Deals, and Debt Relief Promises
Unlike several African presidents who've recently visited China and left largely empty-handed, Angola's João Lourenço wrapped up a three-day visit with several important tangibles that highlight the southwestern African country's growing importance as a frontline state in the Great Power rivalry between the U.S. and China. ...
Signing Ceremony Takes Place in Kinshasha for Revised Sicomines Deal
Democratic Republic of Congo President Felix Tshisekedi oversaw a signing ceremony in Kinshasha on Thursday for the fifth revision of the Sicomines copper and cobalt mining deal with a consortium of Chinese companies. The latest revision of the controversial deal marks some ...
Jaishankar Says India Needs to Bolster Its Manufacturing Sector if It Wants to Effectively Counter China
India's top diplomat S. Jaishankar said military force alone is not going to be enough to counter China. Instead, India will have to build up its manufacturing capacity to reduce its economic reliance on the Chinese. "We need to recognize that ...
China Calls for Gaza Ceasefire in New Round of Shuttle Diplomacy With Hamas, Palestinians, and Israelis
China is making another attempt to insert itself in the Mideast peace process with a new round of shuttle diplomacy by a senior envoy who met with key stakeholders to call for a ceasefire in the ongoing war in Gaza between Israel and Hamas.
Philippines, China Tensions Increase Ahead of Blinken Visit to Manila
The Chinese and Philippine governments spent the weekend sparring with one another over which country's territorial claims to portions of the South China Sea are more legitimate than the other's. The Chinese Foreign Ministry responded to Philippines President Ferdinand Marcos Jr's ...