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Can the BRI and B3W Coexist in Africa?


Carnegie Endowment for International Peace
July 15, 2021
Live Online
Developing countries require an estimated $40 trillion for infrastructure and development financing to bridge an investment gap and propel them toward prosperity, especially in the wake of the COVID-19 pandemic. For at least two decades, China has been the major financier of infrastructure development in Africa, more recently through the Belt and Road Initiative (BRI). But this year, the G7 launched the Build Back Better World (B3W) Initiative, a partnership aimed at mobilizing infrastructure investments in low and middle-income countries, including those in Africa.
While Western media coverage of the B3W frames the initiative in the starkly competitive terms of “geopolitical rivalry” or “strategic competition,” the reality is likely to be more complex. How might the G7 position the B3W as a genuine answer to the infrastructure challenges in Africa, as opposed to solely a Western “alte ....

W Initiative , Road Initiative , Build Back Better World , டப்ல்யூ முயற்சி , சாலை முயற்சி ,