Our Correspondent | Africa Guardian The Mjadala Afrika debate held in Addis Ababa provided a compelling look into the future of African Union (AU) leadership, where candidates for the African Union Commission (AUC) Chairperson shared their ambitious visions to tackle the continent’s challenges and harness its opportunities. One of the key themes that emerged was Africa’s growing relationship with…
By Charles Muchoki | Africa Guardian As the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) approaches, Beijing prepares to host a crucial gathering from September 4 to 6 that could mark a new chapter in Sino-African relations. This summit is not just another diplomatic meeting; it represents China’s commitment to fostering long-term partnerships with Africa aimed at…
By Edson Baraukwa | Africa Guardian The China-Africa Summit, a three-day event in Beijing, aims to foster joint development between China and Africa under the Belt and Road Initiative (BRI). A key focus of the summit will be aligning development strategies for African countries and enhancing connectivity to promote modernization and build a future-oriented society. China’s interest in Africa…
By Edson Baraukwa | Africa Guardian The Deloitte Africa Private Equity Confidence Survey 2024 presents a varied picture of the business fundraising landscape across the continent. In East Africa, optimism is growing, with 52% of respondents expecting the fundraising environment to improve over the next 12 months. This positive outlook contrasts with other regions, where opinions are more divided….
By Charles Muchoki | Africa Guardian In 2023, Chinese lenders committed $4.61 billion in loans to Africa, marking the first annual increase in seven years, according to a study by Boston University’s Global Development Policy Centre. This figure represents a more than three-fold increase from the previous year, highlighting China’s renewed interest in African investments after a significant decline…
By Our Correspondent | Africa Guardian Chinese Vice Foreign Minister Chen Xiaodong stated on Friday that now is “the right time” to deepen cooperation between China and Africa, ahead of the upcoming China-Africa summit in Beijing next month. Speaking at a press conference, Chen emphasized that the meeting should be used to amplify the voice of the Global South…
The China-proposed Belt and Road Initiative is a vast, ambitious infrastructure and economic development project spanning across continents. As for China-Africa Belt and Road cooperation, one of its most significant and promising facets is its emphasis on green infrastructure projects, renewable energy development, and ecological conservation measures. At a time when the world is grappling with environmental challenges, Sino-African…
Story by Reuters Africa is now realising its potential and capacity, with the formerly side-lined continent harnessing its demographic dividend and natural resources and becoming an economic, political and social powerhouse, Ethiopian Prime Minister Abiy Ahmed said on Wednesday. The African continent has particularly suffered the consequences of the climate crisis and conflict in other parts of the world,…
The Belt and Road Initiative (BRI) marks its 10th anniversary this year since it was proposed by H.E.President Xi Jinping of China in 2013. The BRI aimed at opening up new solid and strong economic partnership between China and other countries, especially developing nations. The BRI is a symbolic commitment of China to help the countries along the Silk…