Category: Development

The Chinese government is leveraging private capital to bolster its infrastructure development finance agenda in developing countries, particularly in Southeast Asia.  The China Exim Bank, one of China's two main policy banks, announced this week that it teamed ...

The long-delayed 609-kilometer China-Thailand high-speed standard gauge railway is once again a top priority for both sides following Chinese President Xi Jinping's visit to Thailand last week, where the project topped the agenda in bilateral talks. With a price tag of ...

Zimbabwe's President Emmerson Mnangagwa will formally inaugurate the country's new parliament building on Wednesday. The building was financed as a 'gift' by the Chinese government and built by Shanghai Construction Group Co. After the inauguration, Mnangagwa will deliver his annual ...

By Oyintarelado Moses and Laura Gormley Since 2007, Chinese special investment funds targeting overseas development projects have been on the rise. These funds are pools of capital established by multiple public and/or private shareholders that primarily provide equity financing to projects ...

Kenya's Road and Transport Cabinet Secretary Kipchumba Murkomen was all smiles last week when Chinese ambassador Zhou Pingjian made a courtesy call to his office in what appears to be an effort to show that ties between the two had not been impacted by the CS's controversial decision to ...

China's donations of physical aid jumped by 40% last year to $1.3 billion. The bulk of these donations were in response to the COVID pandemic, including vaccines and food.

The G7 group of wealthy countries unveiled the first major initiative as part of its Partnership for Global Infrastructure and Investment (PGII), which is ostensibly aimed at countering China's dominance in financing infrastructure in developing countries. The coalition announced a $20 ...

The Angolan government has signed a $450 million agreement with the Portuguese infrastructure group Mota-Engil to run rail and logistics in the Lobito Transport Corridor, which connects Lobito Port to the mining zone in the southern Democratic Republic of Congo.

Kenya’s Supreme Court will rule on the legality of the country’s Standard Gauge Railway contract. Opponents say the contract being awarded to China Road and Bridge Corp contravened Kenya’s competitive tender rules. The ruling will ...

Anger is mounting across Kenyan society over the terms of the loan agreements with the China Exim Bank for the multi-billion dollar Standard Gauge Railway that were released by the government on Sunday. Members of Parliament are sounding off in the ...

Six telecom carriers from four countries in Asia signed an agreement to build a new regional undersea high bandwidth cable. The $300 million Asia Link Cable system will stretch 6,000 kilometers from southern China to the Philippines, Brunei and Singapore.

The decision by the incoming government of Kenya to release some documents relating to the controversial Chinese-built Standard Gauge Railway is causing massive controversy at home.  The main reaction has been anger that the main commercial contract has not yet been ...