Tag: FOCAC
Related Posts
China Pushes Smaller, Smarter Loans to Africa to Shield From Risks
By Matthew Walsh China's years of splashing cash on big-ticket infrastructure projects in Africa may be over, analysts say, with Beijing seeking to shield itself from risky, indebted partners on the continent as it grapples with a slowing economy at home. ...
Key Pledges on Sidelines of China-Africa Summit
African leaders secured a wide range of commitments to enhance cooperation in infrastructure, agriculture, mining, trade, and energy sectors at China's largest summit in years. Bilateral meetings this week in Beijing on the sidelines of the Africa-China forum have resulted in ...
S. Africa’s Ramaphosa Hails China’s $50 Billion Pledge as ‘Great Boon’ for Continent
South African President Cyril Ramaphosa called Chinese leader Xi Jinping's pledge on Thursday of $50 billion in financing to Africa over the next three years a "great boon" for the continent. "I am very positively disposed to the amount of money ...
5 Takeaways From Xi’s FOCAC Speech
Chinese President Xi Jinping's highly anticipated opening address at the ninth Forum on China-Africa Cooperation summit on Thursday sent a clear message that Beijing remains firmly committed to its strong ties with African governments and intends to deepen its engagement on the continent.
UN’s Guterres Says China-Africa Ties Can Drive ‘Renewable Energy Revolution’
United Nations Secretary-General Antonio Guterres told African leaders Thursday that expanding ties between China and the continent could "drive the renewable energy revolution." Guterres and more than 50 African leaders are attending this week's China-Africa forum, according to state media.
China’s Xi Promises $50 Billion for Africa Over Next Three Years
By Sam Davies Chinese President Xi Jinping on Thursday pledged over $50 billion in financing for Africa over the next three years, promising to deepen cooperation in infrastructure and trade with the continent as he addressed Beijing's biggest summit since the ...
Nigeria and China Announce New Cooperation Agreements
China and Nigeria signed a raft of deals aimed at broadening their economic cooperation in the run-up to the FOCAC summit in Beijing. Nigerian President Bola Tinubu met with his Chinese counterpart Xi Jinping on Tuesday. They announced the elevation of ...
Xi Hosts Dozens of African Leaders at China’s Biggest Summit in Years
Chinese leader Xi Jinping will host over two dozen African leaders at a lavish dinner in Beijing on Wednesday, kicking off the city's biggest summit in years with promises of cooperation in infrastructure, energy and education. China, the world's second-largest economy, ...
China Emphasizes Global South Solidarity Before FOCAC Summit
China has called for close cooperation between developing countries in the face of “surging hegemonism” from the United States and its allies. Liu Yuxi, Beijing’s FOCAC ambassador and special envoy for African affairs, said: “In the face of surging hegemonism and ...
Xi’s Flurry of Meetings in the Run-Up to the FOCAC Summit
Chinese President Xi Jinping held successive meetings with African leaders as Beijing gears up for the triennial Forum on China-Africa Cooperation summit officially starting on Wednesday. On Monday, Xi met with eight African counterparts from the Democratic Republic of Congo, South ...
Chinese, African Perspectives on the FOCAC Summit
This year's Forum on China-Africa Cooperation (FOCAC) summit comes at a critical time for governments in both regions. While China is embroiled in an increasingly contentious great power duel with the United States, African governments are under mounting economic and social ...
Navigating Risk and Relationships: Chinese Loans to Africa in 2023
By Diego Morro, Victoria Yvonne Bien-Aimé and Lucas Engel This week, African and Chinese leaders are gathering in Beijing for the 2024 Summit of the Forum on China-Africa Cooperation amid significant anticipation from observers about the summit’s key priorities and whether ...