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 ...
Country: Vanuatu
Related Posts
Australia Moves to Counter China With Vanuatu Security Pact
Australia on Wednesday hailed a breakthrough in efforts to sign a security agreement with Vanuatu, a deal that could dilute China's influence in the Pacific island nation. A delegation of Australian ministers ironed out the deal during negotiations on the slopes ...
China Offers Pacific Islands Climate, Development Cooperation
Chinese Foreign Minister Wang Yi focused on climate change and development cooperation during the China-Pacific Islands Forum ministerial meeting that took place on 28 and 29 May in Xiamen, Fujian Province. It was the first in-person event since its launch in 2021. It included senior officials from ...
United States Opens Vanuatu Embassy Amid Pacific Rivalry With China
The United States said Friday it has officially opened an embassy in Vanuatu, part of ongoing efforts to parry China's influence in the strategically important South Pacific. Washington has been opening embassies in a string of South Pacific states, a burst ...
China Builds New Presidential Palace in Pacific’s Vanuatu
The government of cash-strapped Vanuatu will soon settle into a suite of new buildings funded by China, a move likely to reignite concerns about Beijing's reach in the South Pacific nation. At an official handover ceremony conducted in front of a ...
Three Pacific Islands Leaders to Skip Annual Bloc Summit Amid China-U.S. Rivalry
The leaders of Papua New Guinea, Vanuatu and Solomon Islands will not attend this week's annual Pacific Islands Forum, hampering the consensus-based group’s efforts to project unity as China and the United States jockey for influence in the region. The three ...
