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 ...
Tag: Blue Dot Network
Related Posts
If the U.S. is Going to Compete Against China’s BRI, Then It’s Going to Have to Mobilize the Private Sector… And That Won’t Be Easy
If the proposed B3W has any chance of rivaling China's eight-year-old Belt and Road Initiative, the U.S. government is going to have to persuade development finance institutions, private companies, and Wall Street that building infrastructure in some of the world's highest risk countries is a good investment. ...
As Biden’s Build Back Better Initiative Stalls at Home, Many Doubt the World Edition Will Fare Any Better
With U.S. President Joe Biden's ambitious $3.5 trillion infrastructure agenda bogged down in Congress, his campaign promise to "Build Back Better" now hangs in limbo. If the president's plan fails to make it out of Congress, or if it's scaled down to the point where it's ...
While the EU & U.S. Talk About Competing With China to Build Infrastructure in the Global South, Japan’s Experience in Vietnam Should Give Them Pause
Over the past month, the United States and Europe have doubled down on their commitment to challenging China's Belt and Road Initiative by launching new initiatives to build infrastructure in developing countries. Secretary of State Antony Blinken this week
Last Week it Was B3W, This Week It’s The Blue Dot Network
U.S. Secretary of State Antony Blinken led a discussion yesterday in Paris (photo) on the Blue Dot Network, another White House initiative aimed at curtailing China's Belt and Road Initiative. Blinken was joined by U.S. and European corporate and ...
The Blue Dot Network is Back!
China's rivals in Japan, Australia, and the U.S. have been talking about building some kind of alternative Belt and Road Initiative to compete with Beijing in building infrastructure throughout the developing world. Although they've been long on rhetoric, the three powers, all members of the
Analysis from Cobus van Staden
The U.S.’s Blue Dot Network vs. China’s Belt & Road Initiative
In the run-up to last Friday's U.S.-Japan summit at the White House, there had been a lot of talk that President Joe Biden and Prime Minister Yoshihide Suga would announce a new initiative to challenge China's Belt and Road Initiative.
U.S. Says Forget About China’s “Belt and Road,” It’s Time For Developing Countries to Get Ready for The New “Blue Dot Network”
The United States is proposing a new infrastructure development plan for developing countries that is presumably intended to rival China's multi-billion-dollar "One Belt, One Road" strategy. Commerce Secretary Wilbur Ross unveiled the new "Blue Dot Network" on Tuesday at the Indo-Pacific Business Forum in Bangkok.