Initiatives under the FOCAC framework have shown that platforms promoting South-South co-operation can deliver substantial outcomes, the writer says. Initiatives under the FOCAC framework have shown that platforms promoting South-South co-operation can deliver substantial outcomes, the writer says.
Initiatives under the FOCAC framework have shown that platforms promoting South-South co-operation can deliver substantial outcomes, the writer says. – Picture: GCISThe Forum on China-Africa Co-operation summit has triggered a wave of optimism and anticipation. Stakeholders from both continents expect this gathering to foster meaningful dialogue and forge partnerships that are not only positive in spirit but also results-driven.
While the fund is primarily aid-based and focuses on specific anti-poverty projects like the global development initiative, it is crucial for African countries to engage actively and set clear, strict conditions for such partnerships. This approach ensures that the projects align with their national interests and contribute to their socio-economic goals.
The establishment of the China-Africa private investment promotion platform and the China-Africa cross-border RMB Centre reflects the deepening financial ties between the two regions. The Green Development Project has led to the establishment of the China-Africa Geo-Science Co-operation Centre and the launch of the China-Africa Green Innovation program. Notable renewable energy projects led by Chinese companies, such as the Zongailu Hydropower Station in Nigeria and the Sakai photovoltaic plant in Central Africa, are progressing well.
Cyril Ramaphosa Technology Greenhouse Gas Emissions Agriculture Free Market Economy Communism Jobs
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