The BRICS group wrapped up its two-day leaders’ summit in Rio de Janeiro on Monday. The summit’s final communique is a 16,000-word doorstop that covers numerous issues from economics to education.
The communique avoids any direct mention of the United States, and references to “unilateralism” and other coded criticism are also relatively scarce. Rather, the communique keeps the focus on the BRICS’ vision of the strengthening and reform of the global multilateral system ...
Category: Logistics
Chinese, Brazilian Officials Discuss Building New Transcontinental Railway to Peru Megaport
Nearly a dozen officials from the China State Railway Group and China's Transportation Ministry spent last week in Brasília holding talks about building a massive transcontinental rail line that would link Brazil to the Chinese-operated Chancay megaport in Peru. The discussions are ...
Ethiopian Airlines Opens New Chinese-Built Logistics Hub in Addis Ababa
Ethiopian Airlines launched a new Chinese-built logistics hub at Bole International Airport in Addis Ababa to meet the growing demand for e-commerce deliveries in Africa. The new 15,000 square meter facility has the capacity to process 150,000 tonnes of goods each ...
China Calls for Calm in the Red Sea as Oil, Shipping Prices Steadily Edge Higher
The Chinese Foreign Ministry issued a new appeal for calm in the Red Sea on Tuesday but made no mention of reports as to whether or not Beijing spoke with officials in Iran to rein in Houthi militants attacking cargo ships. ...
A Chinese Perspective on the Proposed U.S.-Backed Lobito Corridor in Angola
Angolan President João Lourenço is scheduled to meet with his U.S. counterpart, Joe Biden, at the White House on Thursday, where the two are expected to discuss moving forward with the development of the Lobito Corridor. The U.S. and the European ...
Angolan President to Visit Washington This Week For Lobito Corridor Talks
Angola’s President João Lourenço will meet with U.S. President Joe Biden on Thursday during an official visit to Washington. According to a White House statement, they will focus on the next steps in a joint logistics corridor linking the Angolan port ...
Analysis from Cobus van Staden
Zambia, DRC to Build New Road to Expedite Copper/Cobalt Exports Via Tanzania
Zambia's Hakainde Hichilema and the Democratic Republic of the Congo's Félix Tshisekedi laid the foundation stone for a new 345-meter bridge over the Luapula River that divides their two countries as part of an ambitious new road project that will make it a lot easier to transport copper ...
New Half-Billion Dollar Deal Aims to Position Angola’s Lobito Corridor as Main Gateway for Africa’s Critical Resources
The competition for access to critical metals used to manufacture electric vehicle batteries intensified with the announcement that Trafigura, a Singaporean-based commodity trading giant, is going to lead a consortium of European companies to rebuild a rail line poised to become one of Africa's most important logistics corridors. ...
South Africa’s Decrepit Railway Infrastructure is Slowing Iron Ore Shipments to China
More than a million tons of South African iron ore is blocked from leaving the country, mostly bound for China, due to SA's failing railway infrastructure. The local unit of British-South African mining giant Anglo American, Kumba Iron ...
New Copper/Cobalt Trade Corridors Take Shape to Serve as Alternative to South Africa
Zambia, the Democratic Republic of Congo, and Angola will set up an agency to manage a logistics corridor linking them to Angola’s Lobito port. The move comes as South Africa's Durban port has faced repeated delays. A concession to manage the corridor was recently ...
Hunan Province Launches New China-Africa Digital Services Hub
China’s Hunan province has set up a digital logistics hub supporting Chinese companies’ trade with Africa. It’s focused on cross-border communications support and data-sharing between Chinese companies working in Africa. WHY IS THIS IMPORTANT? Hunan is now a key player in China’s agricultural trade with ...
Chinese Contractor Completes 105km Railway Upgrade in Namibia
China Gezhouba Group Corp (CGGC) finished a 107.5km upgrade of a rail line between the Namibian harbor Walvis Bay and the central logistics hub of Arandis on time, despite materials shortages and COVID-related delays. The upgrade doubles transport speeds on the line. The ...
China-Linked Group Will Run Angolan Transport Corridor
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.