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: Ports
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 ...
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: ...
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.
Peru Seeks Rail Meeting with China, Brazil
Peru’s economic ministry said it is seeking a high-level meeting with counterparts in Brazil and China to take an ambitious plan to build a cross-continental railway to the next level. This follows a meeting between Economy Minister Raul Perez Reyes and ...
Chinese Ambassador Lashes Australian Plan to Buy Back Key Port
China's ambassador to Australia has condemned a push to block a Chinese company running a strategically important Australian shipping port, calling it "ethically questionable." The Landbridge group was granted a 99-year lease on the northern port of Darwin in 2015, a ...
Analysis from Cobus van Staden
With Chinese Backing, Cameroon Opens Second Phase of Kribi Deep-Sea Port
Cameroon opened the second phase of its Kribi deep-sea port earlier this month, marking a major step in the country’s efforts to strengthen its logistics infrastructure and expand its role in regional trade. The government completed the $650 million ...
With Chinese Backing, Cameroon Opens Second Phase of Kribi Deep-Sea Port
Cameroon opened the second phase of its Kribi deep-sea port earlier this month, marking a major step in the country’s efforts to strengthen its logistics infrastructure and expand its role in regional trade. The government completed the $650 million ...
China warns Panama ports deal firms to ‘proceed with caution’
China urged parties involved in Hong Kong conglomerate CK Hutchison's sale of Panama Canal ports to exercise "caution" Thursday, warning of legal consequences should they proceed without clearance from Beijing. The Hong Kong firm's attempt to sell most of its port ...
China warns Panama ports deal firms to ‘proceed with caution’
China urged parties involved in Hong Kong conglomerate CK Hutchison's sale of Panama Canal ports to exercise "caution" Thursday, warning of legal consequences should they proceed without clearance from Beijing. The Hong Kong firm's attempt to sell most of its port ...
Kazakhstan to Dredge Port for Key China-EU Trade Route
Kazakhstan will start dredging part of the Caspian Sea around its main port to increase capacity for a crucial transport route linking Asia and Europe, a spokesperson told AFP on Monday. The Trans-Caspian trade route, also known as the "Middle Corridor", ...
Kazakhstan to Dredge Port for Key China-EU Trade Route
Kazakhstan will start dredging part of the Caspian Sea around its main port to increase capacity for a crucial transport route linking Asia and Europe, a spokesperson told AFP on Monday. The Trans-Caspian trade route, also known as the "Middle Corridor", ...
Pressure Increases on Panama Ports Deal
Both China and the United States are ramping up pressure around the mooted sale of two ports in Panama owned by the Hong Kong-based conglomerate CK Hutchison to a consortium led by the U.S. investor BlackRock. Uncertainty around the deal rose this weekend when Trump posted a demand ...