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The G-7 mobilized $600 billion in infrastructure investments for middle- and low-income countries as a counterweight to China's BRI.
Blinken’s Nigeria speech was a notable departure from his predecessor’s comments when it came to Africa, signaling that the Biden administration was distancing itself from Trump’s view of Africa. That speech, and the new strategy, recognized the continent’s indispensable role in the provision of global public goods and resolution of global crises. Africa’s population was mentioned less as a liability, as Westerners are wont to do, and more as a strategic asset. A combination of the continent’s demographics, its ownership of thirty percent of the world’s strategic minerals (as we ...
Some countries in the West like the US are more interested in using the Sri Lanka crisis for geopolitical manipulation than they are willing to offer real assistance to the country.
Just as China starts to scale back its own scheme | China
MEMORANDUM FOR THE HEADS OF EXECUTIVE DEPARTMENTS AND AGENCIES SUBJECT: Partnership for Global Infrastructure and Investment By the authority vested