Tag: FOCAC
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Wang Stresses Joint Modernization in Namibia Visit
Chinese Foreign Minister Wang Yi emphasized China’s support for African modernization during his meetings with senior Namibian officials on Monday. Wang is in the country as part of the annual Foreign Minister tour of the continent, traditionally the Chinese FM's first trip of the year.
[DOUBLE EPISODE] 2024 China-Africa Year in Review
2024 will be remembered as a seminal year in China-Africa relations with a rebound of Chinese lending to the continent and renewed diplomatic engagement in the run-up to the Forum on China-Africa Cooperation summit that took place in Beijing.
Is this China’s Great Power Opportunity to Change Global Order?
By Chris Alden & Lukas Fiala Reading through the headlines surrounding the recent G20 summit in Brazil last week, it was hard to overlook reports of outgoing US President Biden seemingly sidelined at the photo-op. While it’s important not to overinterpret the ...
China Emphasizes Global South Connections at G20 Summit
Chinese President Xi Jinping announced several initiatives at the G20 summit in Rio de Janeiro aimed at boosting development across the Global South. In his remarks, Xi announced eight measures aimed at strengthening global development:
Why China is a Major Obstacle to African Countries’ Ambitions to Move Up the Manufacturing Value Chain
Luring more Chinese investment to set up factories in Africa was a major theme of this year's Forum on China-Africa Cooperation (FOCAC) summit that took place last month in Beijing. While there's some evidence that Chinese manufacturers are setting up shop ...
In-Depth: China’s Finance for African Renewables Rebounds After Two-Year Lull
By Anika Patel New data reveals a rebound in Chinese financing of renewable energy projects in Africa in 2023, following a lull over the past few years.
Details of Kenya’s New Chinese Loan Emerge
Kenya will use a new loan from China to advance work on 16 different road projects, said a senior Treasury official. Kenya signed a new $279 million loan agreement with China Development Bank on the sidelines of the Forum on China-Africa Cooperation in September. ...
Roundtable: What the China-Africa Forum Means for Clean Energy in Africa
By Tom Baxter Over 50 African heads of state gathered in Beijing on 4-6 September for the 9th Forum on China-Africa Cooperation (FOCAC). As per tradition, the triennial meeting concluded with an action plan and a declaration.
With an Eye on China, Angola Becomes Key Partner for U.S. Ambitions for Africa
By Bronwen Roberts Joe Biden's choice of Angola as his first trip to Africa as president underscores the oil-rich country's influence as the focus of one of the biggest U.S. infrastructure projects on the continent, countering China's investments. ...
Construction to Begin Next Year on Massive Chinese-Financed Hydroelectric Dam in Congo-Brazzaville
Congo-Brazzaville will begin the construction of a major new hydroelectric dam in January 2025, the government said Wednesday. "The government, through the Ministry of Energy and Hydraulics, has signed a memorandum of understanding with China Overseas Co Ltd for the development ...
Can China Help Africa Become the Next Factory of the World?
For decades, African governments have tried to lure Chinese manufacturing companies to set up factories in their countries with the promise of an abundant supply of low-cost labor. Other than a few high-profile companies, Chinese companies, for the most part, have ...
FOCAC and the Recalibration of Africa-China Relations
By Chris Alden and Lukas Fiala As the news cycle surrounding last week’s Forum on China-Africa Cooperation (FOCAC) is gradually slowing down, it’s time to think about the bigger picture and what this summit has achieved. While not evident at first ...