After several years of declining funding, the African end of the Belt and Road Initiative seems to be roaring back. The newest Griffith University/Green Development Finance Center data on the Belt and Road Initiative shows that engagement with Africa jumped by 395%, while a few big projects boosted engagement in Nigeria alone more than twelvefold.
These shifts indicate a window of opportunity for African electrification. 60% of Africans still ...
Tag: Nicaragua
Related Posts
WEEK IN REVIEW: Algeria Formally Applied to Join BRICS Bloc and Pledged $1.5 Billion to New Development Bank
Algeria formally applied to join the BRICS bloc and pledged $1.5 billion to become a shareholder in the group's New Development Bank. The offer came at the end of President Abdelmadjid Tebboune's five-day visit to China on Friday, when he also met with Huawei founder Ren Zhengfei in Shenzhen.
The Rare Occurrence When Latin American Diplomacy Was Center Stage in Both China and Taiwan
It's not often Latin America is the focus of attention on the same day in both China and Taiwan, as was the case on Tuesday when Paraguay's president-elect Santiago Peña arrived in Taipei just as Nicaraguan presidential advisor Laureano Ortega met with China's top foreign policy official Wang ...
Hondura’s President Announces That’s She’ll be Traveling Soon to Beijing to Sign “Auspicious Agreements”
Honduran President Xiomara Castro looked visibly pleased with her decision to switch ties from Taiwan to China last week when she announced on Twitter that she'll soon be headed to Beijing to sign a raft of new agreements. The President did not ...
WEEK IN REVIEW: Russian Military Frigate Docked in Cape Town, on the Way to Controversial Joint Military Exercises With China and South Africa
A Russian military frigate has docked in South Africa's Cape Town harbor, on the way to controversial joint military exercises with China and South Africa. Operation Mosi will take place off the coast of Durban from February 17 to 27. (FRANCE24) Iranian President Ebrahim ...
Free Trade Agreements, China and the Art of Small State Diplomacy
By Jorge Heine The story goes that during the negotiation of the China-Chile free trade agreement (FTA) in 2005, Chile was keen to include wine, one of its leading export products, in the list of duty-free items, but China was reluctant ...
China and Nicaragua Discuss Trade, Party Ties
China’s Foreign Minister Wang Yi met with Denis Moncada, his Nicaraguan counterpart, on the sidelines of the UN General Assembly on Monday. The two countries resumed diplomatic relations last year after Managua recognized Taiwan in 1990. They discussed a possible ...
How China Stands to Gain if the U.S.’ Summit of the Americas Becomes the Debacle Everyone Expects
The Summit of the Americas will get underway on Monday in Los Angeles and, remarkably, less than 24 hours before the event begins no one's really sure precisely how many leaders will actually attend. The key holdout right now is Mexican President Andrés Manuel ...
The Chinese Government Is Almost Giddy About the Prospect That U.S. Summit of the Americas Is Going to Be a PR Disaster
The U.S. Summit of the Americas is set to get underway in Los Angeles on Monday and no one seems more eager for the event to get started than China. Chinese state media outlets are relishing the controversy over the U.S. refusal ...
China Ramps Up LatAm Diplomacy Weeks Before U.S. Summit
With the U.S. Summit of the Americas set to get underway in Los Angeles in two weeks, China appears to be stepping up its own diplomacy in Latin America. Foreign Minister Wang Yi on Friday held talks with his counterparts from Uruguay, Ecuador, and Nicaragua. ...