Via East Asia Forum, an article on China’s strategy of gifting large-scale projects worldwide, especially in Africa, to establish itself as a modernization facilitator and gain international prestige: China gifted Zimbabwe a new parliament building in October 2023 — a US$200 million project financed and constructed by the Chinese government. This generosity is part of a […]
Read more »Via South China Morning Post, a report that Hong Kong is eyeing Southeast Asian, Middle Eastern business ties in the next chapter of China’s belt and road plan: Head of global trade scheme’s Hong Kong wing says city to concentrate efforts on countries in the two regions to ensure intermediate results ‘Some of our visits […]
Read more »Via The East African, commentary on China’s involvement in many African nations’ digital development: The global market for information and communication technology infrastructure is controlled by a handful of producers. It is sometimes assumed that African leaders choose Chinese providers because they offer the cheapest technology. Researchers believe that China’s export of critical infrastructure components will enable military and industrial […]
Read more »Via Middle East Eye, a report on Egypt $35B deal with UAE to sell premium Mediterranean area, Ras el-Hekma, with the funds earmarked to alleviate Egypt’s economic crisis Egypt has agreed to a $35bn deal with the United Arab Emirates to develop the area of Ras el-Hekma on its northwestern coast, Egyptian Prime Minister Mostafa Madbouly announced on […]
Read more »Courtesy of The Africa Report, an article on who’s winning Africa’s automotive industry race: While South Africa and Morocco are the undisputed leaders in the production of new vehicles on the continent, newcomers are after a piece of the action in this high-potential market, which is undergoing radical change. Right now, all roads in the […]
Read more »Via Modern Diplomacy, a report on the recent signing of the “Framework Agreement for Defense and Economic Cooperation” between Somalia and Turkey, signifying a shift in the relationship between these two countries in terms of defense and economic partnership: The recent signing of the “Framework Agreement for Defense and Economic Cooperation’‘ between Somalia and Turkey […]
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