Chinese-Egyptian Consortium Selected for Coast-to-Coast High-Speed Rail Project in Egypt

On September 5, 2020, reports emerged that the Egyptian government had selected a Chinese-Egyptian consortium to build a $9 billion high-speed railway that will traverse the country, connecting Ain Sokhna on the Gulf of Suez and Al Alamein on the Mediterranean Sea.

China Southern Power Grid Takes Majority Control of Lao Power Grid Operator

On September 1, state-owned China Southern Power Grid signed a shareholder agreement with the Lao State Power Company. According to Reuters, the agreement effectively gives China Southern Power Grid majority control over the companies’ joint venture, Electricite du Laos Transmission Company Limited (EDLT), which was created to manage the country’s national power grid and its expected power export capacity to neighboring countries. The ...

Mali Emerges as Target of Chinese Lithium Interest

On September 1, U.K.-registered Kodal Minerals signed an MoU with Sinohydro to jointly develop the Bougouni lithium project (forecast to have annual production of 2 million tons per annum) in what is the latest instance of Chinese involvement in Mali’s lithium sector.