Welcome to the New Era of China-Africa Relations

China's apparent decision to bail on financing the $2.8 billion AKK pipeline in Nigeria is the latest evidence that Beijing's strategy to engage the continent has changed, a lot. This pipeline is now the third major project in Nigeria this year that Chinese financiers have walked away from. And it's happening elsewhere too. In Zimbabwe, China's largest bank, ICBC, bailed on the $3 billion Sengwa coal-fired power plant. This is a trend that's been underway for quite some time as Chinese infrastructure financing fell last year from $11 billion to just $3.3 billion. The fact is, Africa can no longer count on China to finance its massive infrastructure deficit. So, the key question now is what comes next? Sanusha Naidu and Arina Muresan, both researchers at the Pretoria-based foreign policy think tank Institute for Global Dialogue, are asking that same question in their research about the future of Chinese engagement on the continent. Both join Eric & Cobus from Johannesburg to discuss the implications of this new era in China-Africa relations. JOIN THE DISCUSSION: CAP on Facebook: www.facebook.com/ChinaAfricaProject Twitter: @eolander | @stadenesque | @sanushanaidu | @arinamuresan SUBSCRIBE TO THE CHINA AFRICA PROJECT Your subscription supports independent journalism. Subscribers get the following: 1. The world's only curated China-Africa News Feed with thousands of articles archive 2. Exclusive analysis of the day's top stories about China in Africa and the Global South 3. A copy of the popular China-Africa Daily Brief newsletter delivered to your inbox by 6am Washington time M-F Try it free for 30-days and see if you like it. Subscriptions start at just $7 a month for students and teachers and $15 a month for everyone else. Subscribe here: www.chinaafricaproject.com/subscribe See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Release date

Lydbog: 23. juli 2021