Archives China in Africa - New Eastern Outlook
The Horn of Africa in the quagmire of geopolitical rivalry Part Seven: China's Stakes in the Horn of Africa
As for China, the second global player in the region, although it has not openly interfered in Ethiopian affairs until recently, its weight and influence are very much felt here and are likely to increase. The American financial group Morgan Stanley estimates that the total cost of China’s “One Belt, One Road” project will rise to $1.2-1.3 trillion by 2027 alone. As Beijing sees the Horn of Africa as the “gateway to Africa” in the implementation of this project, Ethiopia, as the continent’s second…
BRICS-Africa trade and economic relations - the answer to the myths of the West
Despite the strong strengthening of the position of non-Western powers in relations with the African continent, the West continues to insist that it is, collectively, Africa’s main economic partner. But statistics is a delicate matter. And in fact, BRICS is already the largest trade and economic partner of African states. For many years now, China, as a separate state, has been considered Africa’s main trade and economic partner. At the same time, the Western establishment does not lose the opportunity to oppose this reality with all its might and impose the view that it is the West, more precisely the European Union…