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: April 24, 2025
Related Posts
Philippine Security Agency Says Signs of China Election Interference
By Pam Castro The Philippines' National Security Council (NSC) stated on Thursday that there are indications China is conducting a "state-sponsored" campaign to interfere in next month's midterm elections. The accusation emerged at a Senate ...
China and Kenya Pledge to Upgrade Ties, Oppose Tariffs
China and Kenya agreed on Thursday to boost ties to a new level and oppose trade barriers, following talks between President Xi Jinping and his Kenyan counterpart, William Ruto, in Beijing. Relations between Beijing and Nairobi will be upgraded to a ...
China and Kenya Pledge to Upgrade Ties, Oppose Tariffs
China and Kenya agreed on Thursday to boost ties to a new level and oppose trade barriers, following talks between President Xi Jinping and his Kenyan counterpart, William Ruto, in Beijing. Relations between Beijing and Nairobi will be upgraded to a ...
China Pushes for Global Support in Tariff Fight at UN
China took the unusual step of raising current U.S. trade measures at the United Nations Security Council. Departing from usual convention, China’s envoy to the UN, Fu Cong, repeatedly called out the United States by name, criticizing the “incessant chaos in the international landscape.” ...
Trump to Gut U.S. Agency Funding Africa Infrastructure Projects: Memo
President Donald Trump's administration plans to gut a U.S. agency that has invested billions in infrastructure in Africa, ceding ground in a key area of competition with China, according to a memo. A memo, which was sent to staff and whose ...
Chinese Business in Vietnam Struggles With Trump Tariffs Uncertainty
A year ago Zhang Chundong helped the firm he manages expand into Vietnam, part of a wave of Chinese businesses to choose the booming manufacturing hub since the trade war of U.S. President Donald Trump's first term. Now the company, a ...
Indonesia Eyes Boeing 737 Max Jets Dropped by China Amid U.S. Trade War Pivot
Indonesia is quietly maneuvering to benefit from the fallout of the China-U.S. full-blown trade war. With Beijing halting deliveries of Boeing 737 Max jets, the U.S. aerospace giant is rerouting aircraft originally bound for Chinese airlines, offering a rare opening for countries like Indonesia to step in. ...
China’s Huayou Takes Over $9.8B Indonesia EV Battery Project After LG Exit
China’s Zhejiang Huayou Cobalt is replacing South Korea’s LG Energy Solution in Indonesia’s $9.8 billion electric vehicle (EV) battery supply chain project, Indonesian Energy and Mineral Resources Minister Bahlil Lahadalia confirmed Wednesday, ensuring the project “continues as planned” after the reshuffle in investors. ...