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A New Scramble for Africa? Events in Ethiopia Show How America & China are Fighting a Proxy War for Influence

Opinions A New Scramble for Africa? Events in Ethiopia Show How America & China are Fighting a Proxy War for Influence May 26th 2021, 1:08 pm Washington has long viewed Ethiopia as a critical partner in East Africa, fearing that any destabilization in the region could help Islamic militant groups. Image Credit: Email Washington has long viewed the country as a crucial partner in a key region, but the new sanctions it’s just imposed on the Addis Ababa government could backfire and push it clos...
Red Sea Djibouti General United States World Bank District Of Columbia Addis Ababa

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How 'digital nationalism' threatens to entrench Big Tech

How ‘digital nationalism’ threatens to entrench Big Tech If governments continue this geopolitical maneuvering to control digital platforms, US-based big tech companies are likely to continue to dominate. An independent news and commentary website produced by academics and journalists. An independent news and commentary website produced by academics and journalists. The massive digi...
United States United Kingdom Cayman Islands Donald Trump Mike Pompeo Robert Obrien

A new scramble for Africa? Events in Ethiopia show how America and China are fighting a proxy war for influence on the continent

Follow RT on Washington has long viewed the country as a crucial partner in a key region, but the new sanctions its just imposed on the Addis Ababa government could backfire and push it closer to Beijing. It’s been a weekend of extraordinary developments in Washington’s relationship with Ethiopia, which have also been of a contradictory nature.  On Saturday, the US International Development Finance Corporation (DFC) secured a contract with a consortium of companies to fund the coun...
Red Sea Djibouti General United States World Bank District Of Columbia Antony Blinken
Source: rt.com

China's aggressive finance strategy harms the competitiveness of U.S. exporters

The DFC can become a real alternative to BRI if it partners with sister agencies in Free World countries, like the Interamerican Development Bank, the African Development Bank, the Asian Development Banks, and the International Finance Corporation. These banks should develop processes to synchronize and fast-track their due diligence and pool their resources.  The U.S. Export-Import Bank was re-authorized in 2019 to facilitate U.S. exports by providing financing when private lenders can’t. T...
United States Keith Krach Mike Pompeo Tom Cotton Asian Development Banks Clean Telecom

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