When it was announced in 2023 that the African Union would become a full member of the G20, I darkly joked on a podcast that the AU’s entry into the body could very well mark the moment the G20 lost its status as one of the most important global coordination forums. Mark my words, I said, soon The Economist will be like “Uhhh, the G20 is OVER – it’s the ...
Tag: Carnegie
Related Posts
Will Southeast Asia Tilt Toward China?
President Xi Jinping is trying to present China as a more stable, reliable partner than the United States during his ongoing three-nation, week-long tour of Southeast Asia. The presumption here is that as the United States becomes more erratic and less dependable,
Why Zainab Usman is Cautiously Optimistic About the New U.S. Policy For Africa
While U.S. officials have said for years that it's important for Washington to focus on Africa and step up its engagement across the board, there's been very little in the way of action. But this time, Zainab Usman, the director of ...
Can BRI and B3W Co-Exist in Africa?
The Group of 7 countries recently announced a rival to China's Belt and Road Initiative. Their new Build Back Better World (B3W) initiative has prompted widespread discussion of the implications for developing regions that are desperate for new sources of capital to build infrastructure. ...
An Update on Chinese Lending in Africa (It’s Not Good News)
This week's launch of the new Lagos to Ibadan Standard Gauge Railway may be the last time for a long while that a big multibillion dollars infrastructure project like this is built in Africa using Chinese loans. Chinese development ...
A 2021 Update On What We Know About Chinese Lending to African Countries
There's ample evidence of a sharp decline in Chinese lending to developing countries, specifically in Africa. But that doesn't mean that China is out of the development financing game altogether. Zainab Usman, director of the Africa Program at Carnegie Endowment for ...
China’s Role in Africa’s Economic Transformation
Over the past 20 years China has played a pivotal, arguably indispensable role in Africa's economic development. China is by far Africa's largest bilateral trading partner, a major source of foreign investment and a vital player in helping Africa to close ...
China, Africa and the PRC's Massive New Development Bank
57 countries including two from Africa, are among the founding members of China's new development bank, the Asian Infrastructure Investment Bank (AIIB). While the new bank's primary objective will be develop infrastructure projects in Asia, as its name suggests, there is widespread anticipation (mixed ...








