From African perspective, there are questions as to whether the new initiative will target hard or soft infrastructures. For long, EU had focussed more on soft infrastructures rather the hard targets such as railways, energy pipelines, Telecom infrastructures, ports and intermodal structures, roads and inter-regional corridor facilities.

Wu Peng, Director General, Chinese foreign ministry’s Department of African Affairs: We are trying to find a new way to navigate … we encourage Chinese companies to join the government efforts….Adopt models such as build-operate-transfer or private participation in infrastructure projects considered to reduce project size, to make it more economically feasible”

The research shows Chinese companies hire large numbers of local employees By Frangton Chiyemura On March 18, Tanzanians woke up to the news that their president, John Magufuli, had died. Nicknamed “the bulldozer” for his advocacy of infrastructure development. In Africa-China circles he was known for indefinitely suspending the involvement […]

By Maria Adele Carrai (The Washington Post) After extensive negotiations, the Chinese government in January agreed to let Kenya defer $245 million in repayments on loans from state-owned China Exim Bank. The reprieve was likely a relief to Kenya’s government, which borrowed over $4.7 billion to build the 298-mile Standard Gauge Railway project connecting the port of […]

By Eurasia Review Chinese foreign direct investment in Africa has had ‘significant and persistently positive’ long-term effects despite being highly controversial, according to new research by the London School of Economics and Political Science. The study, led by Riccardo Crescenzi, Professor of Economic Geography at LSE, analysed the effects of Chinese […]

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