In the village of Kilwa Masoko located some 300 km southeast of Dar es Salaam, Tanzania’s capital, fishing is a lifeline of locals as it is not only a source of food, but also a source of income.  As wads of Tanzanian shilling exchange hands among fish famers and traders, the latter jostle to procure as much as possible of the limited amount of fish that is auctioned at Kilwa District’s old harbour.  The fish trade is big business, a…

The fourth volume of Xi Jinping: The Governance of China contains a comprehensive record of the impressive practices of the Communist Party of China (CPC) with Xi Jinping at its core in responding to the changes and challenges unseen in a century, and rallying and leading the whole Party and the Chinese people towards the goal of building a moderately prosperous society in all respects.   This volume is designed not only to help officials and the public to better understand and apply Xi…

The BRICS group was established in 2006 by Brazil, Russia, India, and China, with South Africa joining in 2011. On 1 January 2024, Egypt, Iran, the UAE, Saudi Arabia, and Ethiopia joined the group. In the same year, Russia hosted the Kazan Summit, where these countries participated as full members for the first time. One of the main topics was the creation of a new BRICS investment platform using modern electronic tools. The Role of the NDB In Financing BRICS…

Climate change is a pressing challenge that humanity faces at present. As a participant, contributor and trailblazer in global ecological conservation, China is committed to implementing multilateralism and fostering a fair system of global environmental governance.  With abundant resources and a large population, Africa, the second-largest continent, faces significant challenges in addressing climate change and protecting the environment due to limited socio-economic development and technological infrastructure.  With the Initiative for Belt and Road Partnership on Green Development, China’s ongoing efforts…

In the summer of 2024, many parts of the world experienced historic high temperatures, which shows that the impact and risks of climate change on the world are growing, especially for Africa. In recent years, climate-related disasters have become more frequent and severe, posing a great threat to the continent’s food security, energy security, ecological balance and socio-economic development.  At the 28th United Nations Climate Change Conference in 2023, more than 100 countries signed the Global Declaration on Renewable Energy…

Nigeria still seems fixated on the Global North as the wind blows in the opposite direction. The largest foreign investors in Nigeria – the UK, the Netherlands, France and the US – have not changed style since the 1950s. Their investments are mainly elitist, essentially in oil and gas, and ammunition, and portfolio investments, which mainly profit them, not Nigeria. Over time, not much has changed, and little has been done to invest in areas that improve the everyday life…

China’s top economic planner, the National Development and Reform Commission, recently unveiled a raft of measures to boost economic growth. At the same time, China’s central bank, top securities regulators and financial regulator also announced a raft of monetary stimuli, property market supports and capital market strengthening measures to be implemented in the near future to boost the country’s high-quality economic development. These policy measures include a reserve requirement ratio reduction for banks and a mortgage rate reduction for existing…

The recently held 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) in Beijing under the theme Joining Hands to Advance Modernisation and Build a High-Level China-Africa Community with a Shared Future unequivocally demonstrated that FOCAC remains the most important flagship collaborative platform between China and Africa and continues to deliver wide-ranging, tangible economic and social results.  The summit unanimously adopted the Beijing Declaration on Jointly Building an All-Weather China-Africa Community with a Shared Future for the New Era and…

It has been my privilege to witness a huge transformation and pivot as well as an enormous development of China from a close distance during my years living in China. I will say that if ever there was a time when African countries needed to be modernised, it is now.   Themed Joining Hands to Advance Modernisation and Build a High-Level China-Africa Community with a Shared Future, the goal of the 2024 Summit on China-Africa Cooperation (FOCAC) held in Beijing is…

Chinese President Xi Jinping will attend the 16th BRICS Summit on Oct. 22-24 in the Russian city of Kazan at the invitation of Russian President Vladimir Putin. BRICS is an acronym for Brazil, Russia, India, China, and South Africa, five major emerging markets with considerable economic potential. It has now evolved into an influential international cooperation mechanism with an expanded membership. Over the past 18 years, China has upheld the BRICS spirit of openness, inclusiveness, and win-win cooperation and helped…