Schlagwort: Xin Wang

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

Photo: Solar Energy Panels

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.