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: August 26, 2024
Related Posts
China-Philippines Tensions Rise After Second Ship Collision in a Week
Manila and Beijing are trading blame following the second incident between ships from the two countries at the disputed Sabina Shoal in a week. According to the Chinese Coast Guard, a Philippine vessel “refused to accept control” and “deliberately collided” ...
Final Preparations for FOCAC Summit as Competitors Crowd In
Chinese President Xi Jinping will deliver the keynote address of this year’s Forum on China-Africa Cooperation (FOCAC) summit on 5 September, the Chinese Ministry of Foreign Affairs announced. Xi will preside over a banquet and bilateral meetings with African leaders, according to ...
South African President Cyril Ramaphosa to Visit China Ahead of FOCAC
Cyril Ramaphosa, the president of South Africa, will make a state visit to China from 2 to 5 September, according to the South African government. The visit will prepare for the Forum on China-Africa Cooperation summit, which will take place from ...
View From Israel: China’s Growing Influence in the Middle East
In September 2023, just weeks before Hamas' devastating terrorist attack on October 7th, Prime Minister Benjamin Netanyahu and his foreign policy advisors were preparing for a summit meeting in China with President Xi Jinping. There were even whispers Beijing would help ...
Big Polluters Urged to Pay as Key Pacific Summit Opens in Tonga
By Steven Trask Emissions-belching nations were challenged to stump up for climate-related damage as a key Pacific islands summit opened on Monday, with low-lying Tuvalu declaring: "If you pollute, you should pay." The Pacific Islands ...
Analysis from Cobus van Staden
Learning Through Lending: China-Africa Economic Engagement through FOCACs Past and Present
By Lucas Engel As the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) approaches, it is warranted to look back at the trajectory of China-African economic engagement and assess its current state. For China, FOCAC, ...
Key Summit Opens at ‘Pivotal’ Time for Pacific Islands
The top summit for Pacific island nations opened Monday in the Kingdom of Tonga, drawing global attention to the region's climate plight and its role in an unfolding great power rivalry. Melodic Tongan choir singers and dancing school children in traditional ...
New Collision of Chinese, Philippine Vessels Near Flashpoint Shoal
China's coast guard said it rescued Filipino "personnel" who fell overboard Sunday after a Philippine vessel collided with one of its ships near a disputed shoal in the South China Sea. The Philippines slammed China's claims as "completely unfounded". ...