Trends Report warns of ‘Great Game’ politics in Africa after China’s rise A report this month highlights China’s newly dominant role in Africa won through infrastructure investment.
News Chinese finance moves into Central Asia as Russian, American influence recedes Chinese President Xi Jinping today unveiled China’s plan to boost economic development in five central Asian states with the help of additional loans worth $3.8bn, Reuters reports. Xi made his…
News World Bank invests $300m in West African solar The World Bank has approved a $311m finance package to support renewable energy generation in Togo, Liberia, Sierra Leone and Chad. The bank said the loans will be spent on…
News Asian Development Bank to lend India $1.2bn for power and transport schemes The Asian Development Bank (ADB) agreed on Tuesday to lend the Indian government $1.2bn to improve transport and energy infrastructure, the Economic Times reports. Quoting a statement from India’s finance…
