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IMF’s role in BRI: Policy coordination & technical assistance

This week China invited key players around the world to share the benefits of the Belt and Road Initiative, IMF's Christine Largarde was among them and on the sidelines of the forum she told...

Kenya lauds Belt and Road Initiative as best model for growth of Africa

Kenyan President Uhuru Kenyatta said on Monday that the Belt and Road Initiative is the best model for Africa's desired progress, Xinhua reports. Kenyatta told a round-table summit of global leaders in Beijing that the...

How is Africa benefiting from the Belt & Road Initiative?

In 2013, on a visit to Kazakhstan, Chinese President Xi Jinping announced a proposal for a “Silk Road Economic Belt.” In South East Asia later that year, Xi proposed a “21-Century Maritime Silk Road.” The...

Chinese enterprises offer local employment to Kenyans

In Kenya, an ambitious new Chinese construction project is taking place in the country. The Wu Yi Company has repaired and built several roads in the country. Now, it's most ambitious project yet includes a...

Belt and Road: Revamping Mombasa port speeds up turnaround times

Mombasa is East Africa's busiest port and plays an important role in the One Belt One Road project. To take advantage of the new rail link to Nairobi, the port has been revamped and expanded....

China pledges additional $14.5 billion for Belt and Road Initiative

China will contribute an additional 100 billion yuan (14.5 billion U.S. dollars) to the Silk Road Fund to scale up financing support for the Belt and Road Initiative. Chinese President Xi Jinping made the announcement...

Chinese Vice Premier presents five-point Belt and Road proposal

Chinese Vice Premier Zhang Gaoli is keen to see the Belt and Road Initiative benefit the countries involved and their people. Speaking at the opening ceremony of the Forum in Beijing, Zhang outlined a five-point...

Kenya’s Uhuru Kenyatta seeks China’s support in enabling SGR reach more African countries ...

Kenya’s President Uhuru Kenyatta, who is attending the two day Belt and Road Forum in Beijing, said he will be seeking China’s support in promoting regional integration in Africa through the ambitious initiative. Before he...

U.N. chief Antonio Guterres praises Belt and Road Initiative

The United Nations Secretary General Antonio Guterres on Sunday called on the international community to seize the opportunities presented by the China-proposed Belt and Road Initiative, to strive for common global development. Speaking at the...

President Xi officially opens Belt and Road Forum in Beijing

29 heads of state are gathered in Beijing to attend the Belt and Road Forum that was officially opened by Chinese President Xi Jinping. The Belt and Road Initiative was launched in 2013 by President...