Category: Infrastructure
China’s Risky “Build It and They Will Come” Development Strategy
There's widespread speculation that Chinese financial support for its hugely ambitious Belt and Road Initiative may be waning due to the current economic crisis and the desire among senior Chinese policymakers to focus more attention on the domestic front. ...
China Steadily Lessens Dependence on U.S. Market With More Exports Going to Asia; Africa, LatAm Far Behind
Chinese Foreign Minister kicked off a four-nation tour of Southeast Asia in Myanmar on Monday where he met with newly re-elected President Win Myint (photo) and Aung Sang Suu Kyi, the de facto head of the government and leader of the ruling National League for Democracy party. ...
After Upbeat Meeting With President Buhari, Wang Yi Leaves Nigeria For the DR Congo
Visiting Chinese Foreign Minister Wang Yi met with Nigerian President Muhammadu Buhari on Tuesday before leaving for the Democratic Republic of the Congo as part of the FM's five-nation week-long Africa tour. The meeting seemed upbeat,
Editorial: Nairobi Expressway Toll Deal With Chinese Contractor Risks Creating Another “White Elephant”
The Business Daily Editorial Board warned the government that the proposed toll road pricing scheme for the new 27km Nairobi Expressway jeopardizes the financial stability of the project and risks creating another "white elephant" like the embattled Standard Gauge Railway. The ...
The China-Mediterranean Observer: How Will a New/Old Biden Mideast Policy Impact China’s Ambitions in the Region?
The killing of the Iranian nuclear scientist Mohsen Fakhrizadeh, the future of American foreign policy toward the Middle East under President Biden, and the tensions between France and the Muslim world are the three key topics of recent Chinese commentaries. The ...
Ghana’s Thinking Small (And That’s a Good Thing)
The Bui Power Authority (BPA) in Ghana recently launched a new solar farm that's connected to a Chinese-built hydroelectric dam. The idea here is that when water levels run low and power generation dips, the solar farm kicks in to make up the difference. ...
China, Debt and the Future of Kenya
The investigative series Africa Uncensored broadcast a riveting one-hour documentary on Kenyan national TV last night that explored the country's ballooning national debt. The program highlighted how, as Kenya's largest bilateral creditor owning an estimated 70% (or $6.2 billion) of its ...
Nigerians Share First Impressions of The New Chinese-Built Lagos to Ibadan Railway
Passengers have had a week to try out Nigeria's brand new Chinese-built standard gauge railway that links Lagos to Ibadan. The new service is operating on a limited schedule with just two trains a day but that'll expand to 16 daily departures shortly once construction of the ...
Africa’s Newest Chinese-Financed and Constructed Railway Begins Operating in Nigeria
The newest Chinese-built railway in Africa is now officially in service following a Tweet on Monday from the office of Nigerian President Muhammadu Buhari that launched the new Lagos to Ibadan line. The $1.59 billion standard gauge railway was
With Chinese Loans Coming Due, Ethio-Djibouti Railway Suffers Heavy Losses Due to Theft, Vandalism
The Chinese-financed and constructed Ethiopia-Djibouti standard gauge railway is bleeding money due to rampant theft and vandalism, according to a report in the Addis Standard newspaper. The situation is now so bad, say company officials, that the trains have been forced to reduce their speed ...
Many Kenyans Surprised and Somewhat Perturbed That the Chinese Contractor Building the Nairobi Expressway is Going to Make a LOT of Money
The China Road and Bridge Corporation (CRBC), a Chinese state-owned construction company, is forecast to earn almost a billion dollars in profits over the 27 years that it will operate the new Nairobi Expressway that's now under construction. Details of the ...
The Case For Kenya’s Embattled Chinese-Financed Standard Gauge Railway
Critics of Kenya's multi-billion-dollar Standard Gauge Railway (SGR) definitely have the upper hand these days as the railway sinks deeper into debt. But George Sunguh, managing editor of African Ports Review, argued today in Business Daily that the skeptics are wrong.