Category: Development
Mounting Expectations that China Will “Bring a Big Checkbook to FOCAC 2021”
As the 8th Forum on China-Africa Cooperation (FOCAC) conference in Dakar nears, expectations in some quarters are rising that China will once again play the role of financier for African development and COVID-19 mitigation. At the previous two FOCAC summits, China ...
Hannah Ryder on the Importance of China Continuing the Tradition of Announcing a Big Financial Commitment at FOCAC
The highlight of every FOCAC, at least measured by the quantity of news headlines, is the size of the big financial package that's unveiled at the end of the triennial conference. In 2012 it was $20 billion, then $60 billion in 2015, and $60 billion again in ...
Tshisekedi Checks in on the Progress of Kinshasa’s Vast New China-built Cultural Center
DR Congo President Félix Tshisekedi joined Ambassador Zhu Jing on Monday for a tour of the construction site of the new cultural center that China is financing and constructing in Kinshasa. When finished, the new 36,000 square meter ...
U.S. Hints at January Launch For Build Back Better World Initiative That Aims to Challenge China’s Belt and Road
An unnamed senior U.S. official told reporters on Monday that the Biden administration is planning to announce the launch of its Build Back Better World (B3W) initiative as soon as January and that West Africa will be among the key priorities for what's ...
Q&A: What Role Did Domestic Politics Play in the Development of the Chinese-Built SGR in Kenya?
Beginning next May, Kenya's Standard Gauge Railway will be "fully owned and run by Kenyans" declared Treasury Cabinet Secretary Ukur Yatani at a graduation ceremony last week for 2,057 students from the country's Railway Training Institute. Until now, much ...
Liberian Senate Approves Controversial Resources-For-Infrastructure Deal With Chinese Mining Company
The Liberian Senate voted on Friday to approve a controversial $2.5 billion iron ore for infrastructure deal with the Chinese mining giant BAO Chico. The origins of the deal date back to the 2018 FOCAC summit when President George Weah negotiated the arrangement ...
A Small Chinese Aid Donation in The Gambia Reveals One of China’s Bigger Priorities in Africa
At a glance, Saturday's announcement that China would provide a $23 million grant to The Gambia for unspecified "economic and technical cooperation" (that's often diplomatic speak for unrestricted aid) doesn't seem remarkable at all. Ambassador Ma Jianchun ...
China Merchants Group Exporting Its Shekou Model of Port-industrial Development to Africa
As the final frontier for trade growth, Africa is the only region where exponential economic and cargo growth is still possible. The continent is home to some of the world’s fastest-growing economies. However, many existing African ports do not have the capacity to accommodate a growing demand ...
Letter From Nairobi: Chinese Contractors Have Turned the Kenyan Capital Into a Giant Construction Site
Large swathes of the Kenyan capital Nairobi currently feel like one big construction site on account of the ongoing construction of the 27 kilometer Nairobi Expressway that's being built by two of China's largest state-owned construction giants, China Road and Bridge Corporation (CRBC) and Sinohydro.
One of China’s Leading Africa Scholars Explains the Difference Between the Chinese and Western “Offer” to Africa
NOTE: This is an update to an earlier story that we showcased this week about a primetime talk show on the national Chinese TV network Dragon TV that featured a discussion among the Foreign Ministry's top diplomat for sub-Saharan Africa, Wu Peng, and ...
New Chinese-Financed and Constructed Airport Opens in Southern Nigeria
The governor of the southern Nigerian state of Anambra officially took delivery on Saturday of a new international airport from the China Railway Beijing Engineering Bureau. The project was also wholly financed by Chinese investors. The project took almost four years, and ...
Why One of the Boldest Experiments in Chinese Infrastructure Financing in Africa May Only Benefit Wealthy Motorists
There's growing excitement in the Kenyan capital that congestion-weary motorists will finally get some relief, now that the 27-kilometer Nairobi Expressway is nearing completion. Years of construction have further snarled the city's already miserable traffic but that's expected to improve once the China Road and Bridge Corporation ...