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Unlocking Africa’s Clean Energy Potential With Prefeasibility Funding

By Tsitsi Musasike, Jiaqi Lu, Adjekai Adjei, and Kevin P. Gallagher The second decade of China’s Belt and Road Initiative (BRI) promises to be bigger, better, and, importantly, greener. According to the Chinese Loans ...

The Case for Early Retirement of Chinese Financed Overseas Coal Plants

By Cecilia Springer China leads the world in domestic renewable energy installation and low-carbon manufacturing and is increasingly positioning itself as a climate leader through its development financing in the Global South. However, China ...

Chinese Firms Branch Out from Relying on Development Finance in Latin America and the Caribbean

By Rebecca Ray In 2023, China’s two most active development finance institutions (DFIs) – the China Development Bank (CDB) and the Export-Import Bank of China – committed just $1.3 billion in new sovereign finance to Latin American and Caribbean (LAC) ...

What Kenya’s State Visit to the U.S. Reveals About Winning Over the Global South

By Lucas Engel Kenyan President William Ruto’s recent state visit to Washington, DC underscored considerable alignment between the U.S. and Kenya. The experience will likely boost U.S. policymakers’ confidence in the ability of the U.S. to compete with China in ...

The African Development Bank and the Role of China in Africa’s Call for Changes in the Global Financial Architecture

By Tim Hirschel-Burns and Oyintarelado Moses To close out a month in which the Asian Development Bank and the European Bank for Reconstruction and Development also held their annual meetings, the African Development Bank (AfDB) will hold its 

Analysis from Cobus van Staden

Letter From DC: Is Africa Holding Itself Back?

Whoo boy…We picked a doozy of a week to be in town. The overlapping reverberations from leadership fights within the Democratic Party, the assassination attempt on former President Donald Trump, and the announcement of JD Vance as his vice-presidential candidate are understandably focusing attention inwards.
That said, we’ve had fascinating conversations with very smart folks who focus on Africa, the wider Global South, and China’s role there. One theme ...

All Hands-on Deck Needed for Development Finance—including China

By Tim Hirschel-Burns Many people in the development finance community migrated up the United States' eastern seaboard over the weekend. Last week, the International Monetary Fund (IMF) and World Bank Group Spring Meetings took place in Washington D.C., while this week ...

Bridging the $3 Trillion Investment Gap: Debt Relief and the Race to Achieve the SDGs and Paris Agreement

By Marina Zucker-Marques This week, policymakers, civil society leaders, researchers, and others will gather in Washington, D.C., for the 2024 International Monetary Fund (IMF)/World Bank Group Spring Meetings. The meetings come as many ...

What 22 Years of China-Africa Trade, Development Finance, and FDI Reveals About Renewable Energy Support for African Countries

By Oyintarelado Moses Energy access and transition are prominent development objectives in African countries. Across the continent, 43% of the population does not have access to electricity and 670 million people lack access to ...

China’s Potential as a Reliable Partner for Coal Plant Phase-Down in Africa

By Niccolò Manych and Tsitsi Musasike The future of the electricity system lies in renewables, both globally and in Africa. Although a green energy transition has multiple benefits for African nations, many continue to ...

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.
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