Xin Wang

Promoting Sustainable Development in China-France Cooperation with Africa: A 2 Billion € joint investment fund

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Image: Solar Panels
Facilitate a renewable energy plan

France and China have officially established a cooperation agreement on third-country investment in November 2016. Its flagship programme is a joint investment fund. This blog argues that one essential precondition for a successful cooperation is a good understanding of third country’s domestic needs and the identification of complementarities of Sino-French joint Investments in Africa. I take Morocco as an example to illustrate that France and China may have comparative advantages that can contribute to accelerating Morocco’s implementation of renewable energy, a national objective that requires substantial financial support.

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