AFRICA IN FOCUS Foresight Africa viewpoint – China’s engagement in Africa: What can we learn in 2018 from the $60 billion commitment?
- 12 March 2018 / News / 641 / Africa-Bi1
Since 2000, six FOCAC (Forum on China-Africa Cooperation) summits have been held at three-year intervals, with the next one scheduled for 2018 in Beijing if the tradition is to continue. FOCAC has been the primary institutional platform and mechanism for the economic cooperation between China and African states. Perhaps as a part of President Xi Jinping’s prestige diplomacy, the level of commitment China made at the 2015 summit in Johannesburg was surprisingly high: The $60 billion funding promised tripled the previous $20 billion commitment made during the 2012 FOCAC Summit.
3 PRIORITY AREAS OF CHINA’S 2015 FOCAC COMMITMENT: INDUSTRIALIZATION, AGRICULTURAL MODERNIZATION, AND INFRASTRUCTURE
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The public-private partnership (PPP) certification aims to spur private investment, develop infrastructure and strengthen the public sector to fully fit into the current dynamic of PPP projects in Mor...
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Spanish credit line of €25 million made available for Tunisian SMEs, joint ventures
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