Africa makes great strides in cooperation with China

At the Forum on China-Africa Cooperation (FOCAC) in Beijing on September 4, China signed many agreements related to energy, infrastructure, drinking water and communications with Chad and Senegal.

Senegalese President Bassirou Diomaye Faye (left) meets with Chinese President Xi Jinping at the Great Hall of the People in Beijing, September 4. (Source: Reuters)

Leading Chinese companies and institutions have signed six memoranda of understanding (MoUs) with Chad in the fields of energy, water, agriculture , infrastructure and defense. Two MoUs were signed with construction and engineering company CMEC to improve access to electricity and drinking water in the capital N'Djamena.

Additionally, construction and engineering company CAMCE signed an MoU to build an international airport outside N'Djamena and modern integrated farms in four other localities.

Another project between Chad and construction company CGCOC will help strengthen the sanitation network to prevent frequent flooding in the capital N'Djamena, while a MoU signed with Chinese state-owned defense company CATIC will contribute to strengthening Chad's military capabilities.

Also on September 4, the Senegalese presidential office announced that the West African country had signed about a dozen agreements with China, including in the fields of information and communication technology, green development and media. Accordingly, President Xi Jinping announced unconditional funding worth 27 billion CFA ($45.8 million) for Senegal.

Over the past quarter-century, Chinese companies have helped African countries build or upgrade more than 10,000km of railways, nearly 100,000km of highways, about 1,000 bridges, nearly 100 ports, and 66,000km of power transmission and distribution lines, all creating connecting arteries across the African continent.

Trade between China and Africa is set to hit a record $282 billion by 2023, according to Chinese customs data.

Beijing's new investment in Africa increased 114% last year, focused mainly on energy transition and projects aimed at reviving the economy , according to the Griffith Asia Institute at Australia's Griffith University.

Source: https://baoquocte.vn/chau-phi-dat-buoc-tien-to-lon-trong-hop-tac-voi-trung-quoc-285062.html