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African, Chinese Exim Banks Sign $600 Million Trade Deal

China Exim Bank has signed a $600 million deal with the African Export-Import Bank to boost trade and economic cooperation between Afreximbank member states and China. At present, it is unclear which specific sectors will be targeted via the deal, which was signed ...

Ethiopia-China Ties Upgraded

China upgraded its relations with Ethiopia to an “all-weather” strategic partnership. The announcement came after Ethiopian Prime Minister Abiy Ahmed’s meeting with Xi Jinping. The upgrade comes as Ethiopia is slowly emerging from its civil war and recently joined the BRICS group. ...

Ethiopian Prime Minister Meets China’s Premier

Ethiopian Prime Minister Abiy Ahmed held talks with Chinese Premier Li Qiang in Beijing on Monday. The PM is on an official visit to China and will attend the Belt and Road Forum. In the Xinhua 

The Belt and Road Forum Is All About Deals, Deals, Deals

One of the reasons so many leaders from around the world are in Beijing is because the Belt and Road Forum is expected to be an important space for new deals. Some leaders are traveling with large corporate entourages in the hope of finalizing trade and investment ...

Odd One Out: Argentina in BRICS?

By Bruno Binetti The decision of the BRICS to invite Argentina to become a full member in 2024 came as a surprise even to the Argentine government. President Alberto Fernández had lobbied to enter the club, but the expectations were so low ...

The New “BRICS6” May Complicate Indonesia’s Agenda in ASEAN

BRICS on Thursday officially invited six countries to join the group — Iran, Egypt, Ethiopia, Argentina, Saudi Arabia and the United Arab Emirates. After all the speculations made in local media about Indonesia’s possibility to join, the country was missing from the invite list. And that is ...

Africa’s Prominent Role in the New “BRICS6”

The once lifeless BRICS bloc got a big boost of energy this week with the addition of six new members including two additional African states from Egypt and Ethiopia. Together, African countries will now account for nearly a third of the ...

The BRICS Gets Bigger. Six New Members Added to the Bloc

The BRICS group is going to need a new name to accommodate the admission of six countries that were officially invited to join the bloc as of January 1, 2024: 1) Argentina2) Egypt3) Ethiopia4) Iran5) Saudi Arabia

Xi Holds Bilateral Meetings on the Sidelines of the BRICS Summit in Johannesburg

Chinese President Xi Jinping held a flurry of sideline meetings with various Global South leaders Wednesday on the sidelines of the BRICS summit in Johannesburg: ETHIOPIA: Xi informed PM Abiy Ahmed that China would suspend payments on all ...

Security, Infrastructure Lending Top Agenda of Wang Yi’s Four-Nation African Tour

The Communist Party of China's (CPC) top foreign policy official Wang Yi arrived in Johannesburg on Monday to represent Beijing in a two-day gathering of national security advisors from the five BRICS countries. This week's meeting in South Africa aims to ...

Is Ethiopia Planning a Joint Policing Center with China?

On Tuesday, the Chinese embassy to Ethiopia put out a press release outlining a meeting between Chen Zhiyuan, China’s Vice Minister of Public Security and the Ethiopian Federal Police Chief Commissioner General Demelash Gebre-Michael. The meeting was reportedly at the invitation of the Ethiopian government. ...

Chinese Expert Pours Cold Water on Ethiopia’s BRICS Dream

In June, Ethiopia joined about twenty other emerging economies in applying to join the BRICS group, made up of Brazil, Russia, India, China and South Africa. As with South Africa’s late entry into the group, China’s support is a key determinant of ...
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