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 ...
Category: Infrastructure
‘If You Want to Get Rich, Build a Road.’ Testing China’s Theory in Africa
There's a Chinese proverb that says, “If you want to get rich, build a road first.” That philosophy has guided China's development strategy in Africa for much of the past 25 years, that's led to the construction of more than 100,000km ...
China’s Lending to the Global South Has Been Growing More Commercial
By Yunnan Chen Development finance has been embattled of late. Aid cutbacks have raised alarm over financing for climate and development goals. The most notable example is the egregious dismantling of the US Agency for ...
Analysis from Cobus van Staden
CK Hutchison Executive Defends Delay in Panama Ports Deal
A top executive at CK Hutchison on Thursday brushed off the delay in offloading its Panama Canal ports as "not particularly troublesome", as the Hong Kong conglomerate reported its half-year earnings. The firm in March proposed the sale of its global ...
Cambodia’s New Chinese-Built Capital Airport Set to Open
Cambodian aviation authorities will conduct a final test flight on Friday at the country's massive new airport ahead of the official opening on September 9th. It took Chinese contractors five years to build the new facility that includes a stunning nine-ton, ...
China Starts Brunei Muara Port Expansion to Double Capacity
China has begun a US$278 million worth of Brunei’s Muara Port expansion, the country’s leading maritime gateway, in a push to deepen Southeast Asia trade links as Chinese exports to the region climb and shipments to the U.S. slide. Details: ...
Eswatini Builds Dam With Chinese Firm Despite Taiwan Ties
In a notable show of pragmatism, Eswatini, the only African country that maintains formal diplomatic ties with Taiwan, is working with Sinohydro, one of China’s largest state-owned construction firms.
China’s Belt and Road Shatters Expectations With Record Activity
For much of the past two years, we've been told to expect a slimmer, more austere Belt and Road under the new "Small Yet Beautiful" mantra. The days of Chinese mega deals across the Global South were over... or so we ...
CK Hutchison Eyes ‘Major’ Chinese Investor for Panama Ports Deal
By Holmes Chan Hong Kong conglomerate CK Hutchison said Monday it was considering inviting a Chinese "major strategic investor" to join a US-led consortium negotiating the sale of its global ports business outside China, including operations at the Panama Canal.
Protest After Chinese-Made Jet Crashes in Bangladesh
Bangladeshi Police used tear gas to disperse angry students following the crash of an F-7 BGI Bangladesh Air Force jet into a school in Dhaka on Monday. 31 people were killed, including at least 25 children. The students protested on Tuesday ...
Emirates Launches New Service to Shenzhen, First New Route to China in Nearly a Decade
Emirates, the flagship carrier of the United Arab Emirates, last week began daily service between Dubai and Shenzhen, the southern Chinese technology hub. The route marks the airline’s first new destination in China in nearly a decade. Next month, Emirates is ...
In China, Ecuador’s Noboa Looks for Breathing Room and Bargains
With a tightening fiscal clock and the weight of geopolitical balancing on his shoulders, Ecuadorian President Daniel Noboa touched down in China last week with more than just a forum appearance on his agenda. His trip to the 2025 Summer Davos Forum in Tianjin doubled as a ...
Egypt, China Sign Big Chemical Factory Deal
Egypt has signed a deal with China State Construction Engineering Corporation (CSCEC) and East China Engineering Science and Technology Co. for a $658 million industrial complex that will focus on the production of phosphoric acid. The plant will use locally extracted phosphate ore.
Senegal Signs Transport Deal in China
Senegalese Prime Minister Ousmane Sonko signed a deal aimed at transforming his country’s public transport sector during his state visit to China. The deal would see the establishment of an industrial assembly facility that will produce gas and electric buses. It aims to replace 40,000 diesel buses. ...
Chinese Cargo Planes Secretly Ferrying Supplies to Iran, Claim Online Sleuths
EDITOR'S NOTE: CGSP is bringing this information to your attention to inform you about this meme, and in no way is our coverage meant to validate the claim's authenticity. It could be true or it could not, we just don't know at this time.