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The China Africa Research Initiative (CARI) at the Johns Hopkins University School of Advanced International Studies (SAIS) is a research program dedicated to understanding the political and economic aspects of China-Africa relations. Launched in 2014, it is based at the Paul H. Nitze School of Advanced International Studies in Washington, D.C.
The China Africa Research Initiative reported that Chinese financiers loaned $153 billion to African public-sector borrowers between 2000 and 2019; at least or over 80 percent of those loans were used for economic and social infrastructure projects in the transport, power, telecom, and water sectors of underdeveloped and developing countries.
Ethiopia is another recipient of space aid from Beijing. Since 2019, China has launched two Earth observation satellites for the East African country and funded construction of a ground station there.
Colombo International Financial City built on land reclaimed from the Indian Ocean and funded with $1.4bn in Chinese investment is a special financial zone and another major Chinese investment in Sri Lanka. [103] In April, Sri Lanka experienced a default on its foreign debt amounting to US$50 billion, with China being one of the creditors involved.
South African President Cyril Ramaphosa said on Thursday that he did not believe Chinese investments in Africa were pushing the continent into a "debt trap" but were instead part of a mutually ...
The Forum on China–Africa Cooperation (FOCAC) (simplified Chinese: 中非合作论坛; traditional Chinese: 中非合作論壇; pinyin: Zhōng Fēi hézuò lùntán; French: Forum sur la coopération sino-africaine) is an official forum between the People's Republic of China and all states in Africa with the exception of the Kingdom of Eswatini. [1]
As of 2007, Angola was China's biggest trading partner in Africa. [13] Trade between the two countries was worth US$24.8 billion in 2010. [14] Since then, Angola's trading power with China has waned. In 2011 and in the first 8 months of 2012 Angola was the second largest trading partner of China in Africa, after South Africa. [15]
Access to Satellite TV for 10,000 African Villages is a China–Africa cooperation project that aims to reduce the digital divide in African rural areas by giving villages access to digital television. As of April 2019, projects had been completed in sixteen sub-Saharan countries.