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Djibouti Signs Minerals Deal with Chinese Company

The small East African country of Djibouti signed a $50 million deal with the Singapore-based Chinese company Tze Kuen for mineral exploration and extraction over the five-year period from 2026 to 2030. ...
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Fishermen conduct abalone management and protection operations at sea in the waters of Xiaocheng Town, Lianjiang County, Fuzhou City, Fujian Province, China, on March 14, 2026. (Photo by Costfoto/NurPhoto) (Photo by CFOTO / NurPhoto / NurPhoto via AFP)
"China's financial commitments are simply more tangible and easier to grasp than those of Europe," one delegate from an island state remarked to me on a bright spring day in late March, as we both gazed out at the East River from the United Nations Headquarters. Behind us, in airless ...

Djibouti Signs Minerals Deal with Chinese Company

The small East African country of Djibouti signed a $50 million deal with the Singapore-based Chinese company Tze Kuen for mineral exploration and extraction over the five-year period from 2026 to 2030. ...
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