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Viewpoint: We’re All Actors in the New Silk Road Play
It’s easy to forget that the Belt and Road Initiative – a massive connectivity project, both geo-strategic and geo-economic, now in effect all across the Eurasian landmass, as well as straddling the South China Sea, plus the Indian Ocean all the way to East Africa – is less than six years old, and projected to last until 2049.
- Region
- Asia Pacific
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Micro-Lending Startup Ftcash Raises $7.23 Mn Series A Funding
Founded in 2015 by Sanjeev Chandak, Deepak Kothari and Vaibhav Lodha, Ftcash provides short-term loans to merchants. The startup plans to use the funds to accelerate product development and drive its expansion efforts.
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- Finance
- Region
- South Asia
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How the Tiny African Nation of Djibouti Became the Linchpin in China’s Belt and Road Plan
Ideally situated with good harbours, this remote country is helping China protect its growing interests as the vast infrastructure strategy takes hold.
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- Finance
- Region
- Sub-Saharan Africa
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How China Is Looking Beyond Borders
The “Belt and Road Initiative” was announced by the Chinese government in 2013 as a global trade strategy based on the ancient Silk Road trading route.
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- Finance
- Region
- Asia Pacific
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China Tries to Calm Jitters About the “Belt and Road” Initiative
China insists that its tens of billions of dollars in loans and investments are fostering global prosperity—a message that it is sure to repeat to foreign leaders attending the second Belt and Road Forum, which takes place from April 25th to 27th in Beijing.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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On South America’s largest solar farm, Chinese power radiates
The project, known as Cauchari, is a testament to the rising clout of Beijing as a backer of big projects in cash-strapped emerging markets. And it is helping China cement its standing as the world’s leader in clean-energy technology.
- Categories
- Energy
- Region
- Latin America
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UN Announces New CEO Alliance to Fund Sustainability
It announced the Global Investors for Sustainable Development (GISD), a new alliance of chief executives coordinated by UNCTAD and the UN’s Department of Economic and Social Affairs (UN DESA), at the UN’s SDG Investment Fair in New York on April 15.
- Categories
- Investing
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From Critic to Cheerleader — David Malpass’ First Week at the World Bank
Addressing staff — and then later members of the press — Malpass appeared at pains to show he has little appetite for the kind of organizational shake-up former president Jim Kim undertook early in his first term. Instead, Malpass littered his remarks with references to the bank’s “twin goals” and liberally praised staff and his leadership team.
- Categories
- Finance