African and Chinese leaders converged in Beijing this week for the 3rd Heads of State Summit of the Forum on China Africa Cooperation. The event marked its most high profile attendance since its inception 18 years ago, with up to 53 African governments, the African Union Commission & at least 27 international organizations represented. Leaders at FOCAC 2018 reiterated commitment to the FOCAC partnership that was elevated to a new level.
Both China & Africa are keen on boosting cooperation on a mutually beneficial and win-win basis, with the courses of action over the next few years detailed in the Beijing Declaration & The Beijing Action Plan.The Summit also resulted in 8 major initiatives between China & Africa and a $60 billion pledge to be channeled towards development.
In this episode of Talk Africa, experts Peter Kagwanja, President & CEO of the Africa Policy Institute: David Owiro, a consultant economist and Dr. Garth Le Pere,professor at the University of Pretoria break down the key outcomes of The 2018 Beijing Summit of FOCAC. Of special mention in this episode is the convergence of interests between China, Africa and the global community, with Chinese President Xi Jinping announcing the harmonization of The Belt and Road Project, the African Union’s Agenda 2063 as well as the UN’s Sustainable Development Goals.