Tag: FOCAC
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Surprise That China Did Not Commit More of Its IMF Special Drawing Rights Allocation to Africa
Chinese President Xi Jinping's pledge to reallocate $10 billion to African countries of its estimated $40 billion of Special Drawing Rights (SDR) that it received from the International Monetary Fund took some by surprise as being a bit, well, cheap. "What ...
China is Going to Force Other Donor Countries to Up Their Game When It Comes to Vaccine Shipments to Africa
China's FOCAC pledge to donate 600 million COVID vaccines to African countries and to jointly produce an additional 400 million doses on the continent is going to put new pressure on other donors, namely from the U.S. and Europe, to change how they distribute vaccines in Africa. ...
One After Another, African Foreign Ministers Waited Their Turn to Meet Briefly with Wang Yi
Tuesday was an especially busy day for Chinese Foreign Minister Wang Yi who met briefly with at least half a dozen foreign ministers and other senior officials from across Africa on the sidelines of the FOCAC conference in Dakar. While the ...
FOCAC’s Powerful Optics Present a Challenge to China’s Rivals
FOCAC is for me what the Winter Olympics is for a curling fan – the one moment every few years when the world briefly shares one’s obsession. So it was interesting (and revealing) how relatively muted the coverage of the triennial meeting has been this time around. ...
Why China will Probably Sidestep Calls for Sahel Involvement
The Forum on China Africa Cooperation (FOCAC) kicked off in Dakar, Senegal with huge expectations. As usual, there was a lot of talk about trade, investment, and other perennial Africa-China discussion points. More surprising was the call from Senegalese Foreign Minister ...
Xi Lays Out an Ambitious Agenda For Engagement in Africa With a Focus on Vaccines and Trade
Chinese President Xi Jinping unveiled a sweeping package of trade, health, and investment programs that all appear intended to address the continent's immediate demand for combatting the COVID-19 pandemic and sparking economic growth. The president laid out his proposals on Monday ...
Xi’s Billion Dose Vaccine Pledge Signals a Huge Increase in its African Provision
Chinese President Xi Jinping's promise to provide a billion more doses of COVID-19 vaccines to African countries is a dramatic change from the rather paltry 107 million jabs that Chinese pharmaceutical companies have distributed to date across the continent.
Presidents Sall and Ramaphosa Address FOCAC
Senegalese President Macky Sall, host of this year's FOCAC, and President Cyril Rampahosa from South Africa both delivered speeches at the forum on Monday, among the few African leaders this year to speak at the event. Both spoke of the importance ...
FOCAC is Triennial and So is Africa’s Presence on the Front Page of China’s Largest Newspaper
It's rare that African issues make it into the pages of China's largest newspapers, much less to the front page of the People's Daily, the country's most important publication. But it does happen once every three years when the Chinese President delivers his FOCAC address as was ...
FOCAC is Now Underway in Dakar. Here’s What to Expect
The eighth Forum on China-Africa Cooperation opened on Sunday in the Senegalese capital of Dakar. It was a rather low-key first day where Chinese and African representatives met as part of the Senior Officials Meeting, which effectively plays a similar role as that of an organizing committee, ...
FOCAC 8: Building Africa-China Relations That Are More Profitable for Africa
This column was written by CORA, the Collective for the Renewal of Africa, based in Dakar. CORA brings together over 100 researchers and scientists, writers, and artists from across Africa and the diaspora. The Africa-China Summit currently taking place in Dakar will close ...
China’s Growing Role in Multilateral Development Banks
While China has dramatically curtailed its bilateral development financing in Africa and other regions around the world, Beijing is increasing its engagement in multilateral and regional development banks around the world, including the African Development Bank among others. ...