Tag: Egypt
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Global South Media Reactions to Nancy Pelosi’s Visit to Taiwan
Congo: On August 2, Jean-Claude Gakosso, the foreign minister of the Republic of Congo, said that adhering to the one China principle is the consistent policy of the Democratic People's Republic of Congo, the general consensus of the Congolese government and all Congolese people, and there is ...
For the First Time in a Really Long Time, a Chinese Vaccine Shipment Arrived in Africa
China's newly-arrived ambassador to Zambia, Du Xiaohui, led a handover ceremony this weekend for a shipment of 600,000 COVID-19 vaccines. This is the first large-scale delivery of COVID jabs to Africa from China in a very long following a massive plunge in distributions late last year. ...
WEEK IN REVIEW: Emerging Market Currencies under Pressure due to Ongoing Lockdowns in China
Emerging market currencies and stocks are under mounting pressure this week due to the ongoing lockdowns in China. The South African rand fell again on Tuesday as investors are worried about the impact that a slowing Chinese economy will have on the demand for African raw materials. Those concerns ...
Egypt is Now the Main Hub for Chinese Vaccine Diplomacy in Africa and the Middle East
While Europeans and Americans are now ramping up their efforts to develop COVID-19 manufacturing facilities in Africa, a Chinese joint venture in Egypt is already well underway where it's becoming a vital hub in Beijing's vaccine diplomacy in both Africa and the Middle East. ...
Egypt’s New Capital City is Literally Rising Out of the Sand
The Chinese construction company that's building Egypt's New Administrative Capital in a desert outside of Cairo regularly posts photos of the progress that's being made. The speed of construction is remarkable especially when you consider that there was literally nothing there but sand before construction ...
WEEK IN REVIEW: It’s Now Possible to Transport Cargo From Uganda to Kenya’s Port of Mombasa
The long-held dream of transporting goods between Uganda and the Port of Mombasa became a reality on Monday with the inauguration of a new rail line that connects Kenya's Standard Gauge Railway (SGR) with a newly refurbished meter gauge line in Uganda. This is a pared-down version of the ...
Beijing Feels Egypt’s Administrative Capital Will Prove China’s Winning the Global South Infrastructure Game
Chinese media appears to be increasingly concerned about the emergence of new competitors to the Belt and Road Initiative (BRI), particularly the U.S.-led Build Back Better World (B3W) initiative, which is now gaining momentum. U.S. officials say around 50 projects have ...
More Details on How Germany’s Siemens Outbid Chinese Contractors to Win the Red-to-Med High-Speed Railway in Egypt
This week's news that the German company Siemens outbid Chinese and French contractors to build the new Egyptian high-speed railway that will go from Ain Sukhna on the Red Sea to the Mediterranean port city of Marsa Matruh took some by surprise, given how dominant Chinese ...
Egypt’s Al-Sisi Takes a Ride on New Chinese Train Linking to New Chinese-Built Administrative Capital
Egyptian President Abdel Fattah Al-Sisi boarded a Chinese-made train on Wednesday for a glimpse of what the new electrified metro railway will be like when it ferries commuters to and from the country's new administrative capital that's now under construction by Chinese contractors outside of Cairo. ...
MSA Capital is the Chinese VC Firm to Watch When it Comes to Investing in African Start-Ups
Announcing yet another early-stage Africa-focused company being backed by the Beijing-based MSA Capital is becoming a monthly ritual. African mobile money start-up PawaPay is the latest to attract MSA Capital financing as part of a $9 million seed round.
MENA Countries Are Receiving the Bulk of Chinese Vaccines in Africa
Chinese vaccine deliveries to Africa increased by 5 million doses over the past week to 50.8 million jabs, according to the latest data from Beijing-based health consultancy Bridge Consulting's Chinese Vaccine Tracker report. But the distribution of those ...
Moroccan Police Arrest Uyghur Activist at China’s Request
34-year old Uyghur activist Yidiresi Aishan is now in Moroccan police custody awaiting likely deportation to China after he was arrested earlier this week at Casablanca's international airport. Police say they were acting on an Interpol Red Notice, the international police group's most wanted list, based on a ...