π¨π³πͺπ¬ The latest issue of our CDG Global Development Brief is out! This week’s focus: Xi Jinping’s visit to Cairo. The third expansion phase of the …
π¨π³πͺπ¬ The latest issue of our CDG Global Development Brief is out!
This week’s focus: Xi Jinping’s visit to Cairo. The third expansion phase of the Sino-Egyptian industrial zone at the Suez Canal and a currency-swap agreement enlarged from 18 to 30 billion yuan show how China is evolving its Africa engagement β from pure lending towards production sites and its own currency infrastructure. Given a trade imbalance of more than twelvefold ($10.4bn in imports against $840.8m in exports), it’s Cairo’s attempt to build an export base for Africa, the Middle East and Europe through local production.
A direct continuation of last week’s theme: health ministers from WHO’s African member states adopted a new framework for emergency medical teams through 2030 β a direct response to the gap between built institutions and actual response capacity described in our previous issue.
Also in this issue: Senegal’s delicate balancing act between debt ‘reprofiling’ and ‘restructuring,’ pan-African infrastructure fund Africa50’s growth ambitions β and a look towards Berlin: the African Ambassadors Labour Mobility Summit 4.0 takes place on 11 September.
DevelopmentCooperation Africa CDG China DevelopmentFinance
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