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Lights On: Prospects for Renewable Energy in Southern Africa Amid Pandemic and Debt Distress

By Cecilia Springer and Magalie Masamba A November 2020 report found the Southern African Development Community (SADC) region could achieve full energy access and 53% renewable energy (RE) installed capacity by 2040 with an investment of nearly $53 billion.

Why China Won’t Fill a Development Finance Gap for Gas

By Cecilia Springer and Rishikesh Ram Bhandary At the end of May, Group of Seven (G7) countries committed to end public finance for overseas fossil fuel activities, going beyond their earlier commitment from last year to end such finance for overseas coal ...

3 Ways to Harness a Legacy of Environmental Cooperation with China

By Cecilia Springer Despite recently increasing and legitimate grievances, environmental cooperation has been a key bedrock for successful collaboration between China and Western countries, starting with the 1972 United Nations Conference on the Human Environment in Stockholm, Sweden.

What Do the African Development Bank Annual Meetings Mean for Chinese Energy Finance in Africa?

By Oyintarelado (Tarela) Moses This week, the African Development Bank (AfDB) convenes its annual meetings in Accra, Ghana under the theme of Achieving Climate Resilience and a Just Energy Transition for Africa. As countries throughout the region experience the effects ...

Building a Shared Future for All Life Along the Belt and Road Initiative

By Rebecca Ray This Sunday, May 22, marks International Day for Biological Diversity, and this year the Secretariat of the Convention on Biological Diversity (CBD) has chosen a theme of “building a shared future for all life.” China’s role ...

Analysis from Cobus van Staden

The G7’s New Infrastructure Initiative Could Strengthen China’s Global South Game: Experts

The G7’s new Partnership for Global Infrastructure Investment (PGII), a $600 billion plan to build infrastructure across the Global South and counter China’s Belt and Road Initiative (BRI), could have the effect of improving how Chinese companies do business and could end up improving the BRI itself, according to development experts. 

Some acknowledged that the BRI has been controversial for its environmental and debt impacts. But they also pointed out ...

The Case for Cooperation Between Chinese and Western Development Finance Institutions

By Oyintarelado (Tarela) Moses Chinese lenders participating in the Belt and Road Initiative (BRI) conduct business within a broader ecosystem of financing for development. This complex web of actors work in a coordinated credit space, comprising development finance institutions, commercial ...

$1.9 Billion in 11 New Chinese Loans to Africa in 2020

By Jyhjong Hwang and Oyintarelado Moses The 2022 update to the Chinese Loans to Africa (CLA) Database, managed by the Boston University Global Development Policy (GDP) Center, recorded 11 new loan commitments worth $1.9 billion from Chinese lenders to African government ...

5 Recommendations for Tackling the Sovereign Debt Challenge in Southern Africa 

By Daniel Bradlow and Magalie Masamba The COVID-19 pandemic has had a particularly profound adverse impact on Africa’s sovereign debt situation. Currently, 22 low-income African countries are either in debt distress or at high risk of debt distress. This ...

In the Pandemic Era, China is No Substitute for the IMF on Debt Restructuring

By James Sundquist In the wake of the COVID-19 pandemic, 90 countries have approached the International Monetary Fund (IMF) for some form of economic assistance. As in decades past, a multitude of developing countries appears to need debt relief ...

Africa, Latin America and the Active Non-Alignment Option

By Jorge Heine Seventeen African countries, most prominently South Africa, abstained in the United Nations General Assembly vote from condemning Russia for invading Ukraine and demanding Moscow stop fighting and withdraw its military forces. Many more that voted in favor of condemning ...
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