Tag: Ports
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In State of the Nation Address, Kenyatta Called For Kenya to Become the World’s Next “Asian Miracle”
Kenyan President Uhuru Kenyatta delivered his eighth and final State of the Nation address on Tuesday and used the occasion to justify the massive expansion of the country's debt as part of his plan to accelerate economic growth, much the same way a small group of Asian ...
WEEK IN REVIEW: China Announces Strong African Trade, FDI Data in the Run Up to FOCAC
Two-way China-Africa trade reached $185.2 billion in the first nine months of the year, according to new data provided by Chinese Vice Commerce Minister Qian Keming. At this pace, the two regions will easily surpass last year's total of $187 billion. Chinese investment in Africa during the same period increased ...
China Merchants Group Exporting Its Shekou Model of Port-industrial Development to Africa
As the final frontier for trade growth, Africa is the only region where exponential economic and cargo growth is still possible. The continent is home to some of the world’s fastest-growing economies. However, many existing African ports do not have the capacity to accommodate a growing demand ...
Chinese Ambassador to Kenya Wants to Integrate the Port of Mombasa Into Overland Trade Routes in Asia
China's ambassador to Kenya, Zhou Pingjian, met on Friday with leaders from the Kenya Port Authority (KPA) to discuss further integration of the Port of Mombasa with the Belt and Road, specifically linking the port to the Gwadar Port in Pakistan that is at the center of ...
COVID Flare-Ups in China Threaten to Disrupt What’s Otherwise Been a Strong Year For China-Africa Trade
While global trade experiences unprecedented disruptions of major supply chain networks, that turbulence does not appear to have had much effect on the volume of Chinese trade with African countries, at least so far. Chinese ...
Lightning Round: Africa-France Summit, FOCAC & UK Port Deal
An often contentious leaderless summit took place last in Montepellier where African youth activists did not hold back in telling French President Emmanuel Macron what they thought needed to be done to improve ties between the two regions. Eric & Cobus ...
How a Port Expansion in a Tiny, Self-Declared African Country Reverberates Around the World
One of the key discussions in the run-up to the Forum on China-Africa Cooperation summit is whether China is stepping away from funding large-scale infrastructure projects like roads and ports. So it was particularly interesting to see the announcement this week of ...
The Complicated, Confusing Nature of China’s Ties With Israel
China has deftly managed its relations in the Middle East across sensitive sectarian and geopolitical landscapes but now that Beijing is moving to become more engaged in the region, it risks falling into many of the same pitfalls that have bedeviled ...
The Battle of Perceptions Around Tanzania’s Bagamoyo Port Expansion
This week's surprise announcement by Tanzanian President Samia Suluhu Hassan’s that she is resuscitating negotiations with China and other stakeholders about a multibillion-dollar expansion of the Port of Bagamoyo is generating a lot of excitement and a desire among some (most likely in the government) to set ...
The China-Mediterranean Observer: Mixed Feelings in Iran and China About Strategic Cooperation Deal
We start this issue of the ChinaMed Observer with the debate in Iranian media over the signing of the Iran-China 25-year Cooperation Program. In this regard, Abolfazl Olamayifar, Director of the China Desk at the Ministry of Foreign Affairs, from the pages of the economic newspaper Donya-ye ...
The New, Upgraded Chinese-Built Port in Lamu is Ready To Go
Kenya's National Treasury Cabinet Secretary Ukur Yatani personally inspected the new port facilities in Lamu and gave it his blessing ahead of the first ship that is scheduled to dock there on May 20th.
The U.S., China, Russia, and the UAE All Competing For Greater Access to Sudan’s Red Sea Ports
TWEET TRANSLATION:I am honored to welcome the USS Winston Churchill in Port Sudan. This historic visit shows the United States' support for the democratic transition in Sudan and our desire for a new era of cooperation and partnership with Sudan -- Brian Shukan, U.S. ...