Monday
September 9
2024

China Targets ‘Green Infrastructure’ Deals in $50 Billion Pledge to Africa

By Martin K.N Siele

China has inked several green infrastructure deals with African countries at its triennial summit in Beijing, making the energy transition a focal point in the $50 billion it has pledged to the continent.

The three-day Forum on China-Africa Cooperation (FOCAC) summit, which began on Sept. 4, has seen Beijing unveil a series of major partnerships with African countries in areas including supply chains for key minerals required to develop green technologies including electric vehicles.

Photo courtesy of Marc-Olivier Jodoin.

Source: Semafor (link opens in a new window)

Categories
Energy
Tags
electric vehicles, infrastructure, lending, renewable energy, supply chains