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Tag: Multibillion-dollar Belt and Road Initiative

China’s key policy principles ensure success of the Belt and Road Initiative in Africa

September 20, 2023
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| Internation Business News, News

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…

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Africa would welcome G7’s US$600 billion infrastructure push – if it happens

June 28, 2022
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| News

Mega spending plan Partnership for Global Infrastructure and Investment aims to counter influence of China’s belt and road strategy PGII follows Western announcements for Prosper Africa Initiative, Build Back Better World and Global Gateway, all intended for projects in the developing world Greater infrastructure spending would be welcome in Africa, where there is a huge financing gap, but African…

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