Country: Zimbabwe
Related Posts
China’s Global Power Plant Investment is Shifting—But Will the Scale Follow?
By Diego Morro In a recent virtual meeting with world leaders on Climate and the Just Transition, Chinese leader Xi Jinping stated that China will not slow its climate efforts or reduce support for international cooperation. This builds on his ...
What Trump’s Trade Policy Means for Africa, China, and the Future of Global Trade
When U.S. President Donald Trump returned to the White House, he wasted no time reviving his hardline trade stance. Among the 200 executive orders issued on his first day was the America First Trade Policy Memorandum, aimed at rebalancing global trade through sweeping import tariffs. ...
Zimbabwe’s Fight for Responsible Mining: Lessons for Africa & China
In recent years, the relationship between Chinese mining companies and local communities in many African countries has been very contentious over allegations of environmental damage, a lack of transparency, and tensions with local civil society groups.
Tracking Chinese Mineral Engagement Along the Belt and Road
China’s centrality in the global critical minerals sector is frequently bemoaned in Western capitals, but what’s less understood is how China got there. A new report by AidData, a research center at the College of William and Mary, came out this week and tracks mineral-related deals ...
Two Projects in Asia and Africa Highlight the New Realities of Chinese Development Finance
Two very interesting stories this week highlight the complexity of China's development finance initiatives in Asia and Africa. In Cambodia, people close to the massive $1.7 billion Funan Techo canal project hint that Chinese financing isn't as secure as Prime Minister Hun Manet made it sound when ...
China’s Future Role in Zimbabwe Power Plant Uncertain Amid Debt Crisis
Zimbabwe's business community is sounding the alarm over the prospect that one of the country's largest sources of electricity could be shuttered due to its failure to repay debts to Chinese creditors. Zimbabwe power authorities have reportedly fallen behind in servicing ...
China’s Xi Promises $50 Billion for Africa Over Next Three Years
By Sam Davies Chinese President Xi Jinping on Thursday pledged over $50 billion in financing for Africa over the next three years, promising to deepen cooperation in infrastructure and trade with the continent as he addressed Beijing's biggest summit since the ...
Xi Hosts Dozens of African Leaders at China’s Biggest Summit in Years
Chinese leader Xi Jinping will host over two dozen African leaders at a lavish dinner in Beijing on Wednesday, kicking off the city's biggest summit in years with promises of cooperation in infrastructure, energy and education. China, the world's second-largest economy, ...
FOCAC Should Focus on Promoting Green Energy Projects: Standard Bank
Energy issues are widely expected to be very high on the agenda at the upcoming Forum on China-Africa Cooperation summit that gets underway on September 4th in Beijing. Most African countries are facing chronic power shortages that are increasingly exacerbated by ...
El Niño Triggers Food Crisis in Southern Africa
The brutal drought has been brought on primarily by El Niño. This natural, recurring weather phenomenon raises surface temperatures across parts of the Pacific Ocean. These warmer patches impact weather patterns globally, including by lowering rain levels in Southern Africa.
Unlocking Africa’s Clean Energy Potential With Prefeasibility Funding
By Tsitsi Musasike, Jiaqi Lu, Adjekai Adjei, and Kevin P. Gallagher The second decade of China’s Belt and Road Initiative (BRI) promises to be bigger, better, and, importantly, greener. According to the Chinese Loans ...
Zimbabwe Agreement Could Signal China’s Return to African Rail
TransTech, a subsidiary of China Railway Group, reportedly signed a Memorandum of Understanding with the state-owned National Railways of Zimbabwe (NRZ) that could lead to a recapitalization of the country’s railway network. Bloomberg reports that the agreement is currently limited to studying ...