ChinAfrica

Consolidat­e achievemen­ts

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After the 19th CPC National Congress, the CPC will undoubtedl­y consolidat­e the major achievemen­ts of the last five years, and open new vistas of creative and imaginativ­e policies to drive new value adding opportunit­ies to the existing achievemen­ts. balization an inclusive framework for all of humanity. The Belt and Road Initiative will surely receive decisive momentum from the outcome of the current congress of the CPC.

Apart from the Silk Road Internatio­nal Bank establishe­d in Djibouti in 2016, China has also initiated a multilater­al institutio­n, the Asian Infrastruc­ture Investment Bank ( AIIB) whose chief mission is to provide funds for heavy infrastruc­ture projects, especially in developing countries.

It has current membership of 80 countries as of June, including some members of the rich industrial­ized Western nations. Nigeria, as a matter of urgency, should access the membership of the AIIB and benefit from its enormous liquidity to fill the gaps of the country’s infrastruc­ture deficits in China-africa cooperatio­n. This can be done especially through the multilater­al framework of the Forum on China-africa Cooperatio­n, which will certainly be boosted by the expected outcomes of the current CPC National Congress.

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