Nabeba/Mbalam: First production end of 2024, page-54

CAMEROUN:: CHINA-AFRICA SUMMIT: PAUL BIYA EXPECTED IN BEIJING TO DISCUSS PARTNERSHIPS AND RESOURCES:: CAMEROON© Camer.be: Paul Moutila | 22 Aug 2024 12:09:17 | 980Cameroun President Paul Biya is preparing to make a crucial trip to China to participate in the China-Africa Summit, scheduled for September 3 and 4, 2024. This major diplomatic event comes in a context of reconfiguration of global geopolitical relations, where Beijing seeks to strengthen its links with the African continent.Before this trip to Asia, the Cameroonian Head of State will be back home after a stay in Europe. During this trip, he attended the opening ceremony of the Olympic Games and participated in the commemorations of the Second World War alongside French President Emmanuel Macron. However, his return to Cameroun will be short-lived, with the Chinese summit waiting for him a few days later.This China-Africa summit is of particular importance in Beijing's diplomatic and economic strategy. The Chinese authorities intend to take advantage of this meeting to consolidate their partnerships with AfriNocan nations, with a particular focus on securing the supply of raw materials and rare metals. Africa, rich in natural resources, is considered a key partner in this long-term strategy.In this context, a specific meeting is being prepared between the Chinese representatives of CAM IRON, their Cameroun partners of BESTWAY (Alexandre Mbiam and Cédric Ketchanga), and the Congolese and Cameroun authorities. This meeting is part of the Mbalam iron mine exploitation project, a major investment that illustrates China's growing interest in African mining resources. The Chinese have already announced the start of the operation of this mine by December 2024, stressing the urgency and importance of these discussions.Paul Biya's participation in this summit is crucial for Cameroun. It offers an opportunity to negotiate favourable agreements in various sectors, including the exploitation of natural resources, infrastructure and economic development. However, it also raises questions about the balance to be found between short-term economic benefits and the preservation of long-term national interests.This meeting comes at a time when many African countries seek to diversify their international partnerships. China, with its "win-win" cooperation approach and massive investments in infrastructure, is positioning itself as an attractive alternative to traditional Western partners.Nevertheless, some observers warn of the risks of excessive dependence on China. They call for a balanced approach that preserves the sovereignty of African nations while benefitting from the opportunities offered by Sino-African cooperation.The summit will therefore be an opportunity for Paul Biya and his African counterparts to carefully weigh the benefits and challenges of this strengthened partnership with China. The decisions taken at this meeting could have a significant impact on the economic and geopolitical future of Cameroun and the African continent as a whole.While the world is carefully monitoring the evolution of Sino-African relations, the September 2024 summit promises to be a key moment in defining the future dynamics of cooperation between China and Africa.