A new Belt and Road Fund for Africa will be set up to increase cooperation between China and Africa. The fund will be chaired by Dr. Iqbal Survé.
Saudi’s NEOM may become a hub for the Belt and Road Initiative.
Emirati group DP World filed a lawsuit against China Merchants Port Holdings in the High Court of Hong Kong.
During the first week of January 2019, Chinese Foreign Minister Wang Yi inaugurated an African tour and traveled to Ethiopia, Burkina Faso, Gambia and Senegal. Africa embraces the Belt and Road Initiative!
“Belt and Road Initiative” infrastructure development and construction projects have great impact in the poorest rural areas, according to AidData.
After a first stop in the United Arab Emirates, Xi Jinping traveled from 21 to 28 July 2018 in four African countries, including South Africa, where he attended the 9th BRICS Summit.
After Tunisia and Morocco, Algeria may also join China’s “Belt and Road Initiative”. On March 3, 2018, for the 60th anniversary of the establishment of diplomatic relations between the two countries, the Chinese ambassador to Algiers, Yuang Guangyu, announced a future agreement that would formalize the participation of Algeria in the BRI.
Priority to Africa After a visit to Xian, President Macron went to Beijing on January 9, 2018. He discussed with president Xi Jinping about environmental issues. The two states may increase their cooperation in Africa. One of the main outputs
In July 2017, Chinese Vice President Li Yuanchao traveled to Tunisia for the 5th edition of “Tunisia-China a partnership for the future” forum. During the meeting, several Tunisian officials expressed their willingness to see Tunisia participate in the “Belt and