The ninth edition of the Forum on China-Africa Cooperation (FOCAC) concluded last week in Beijing. This triennial summit attracted leaders from more than 50 African countries for a diplomatic fanfare of lavish state dinners,...
While much of the Western developed world was glued to the mutiny in Russia over the weekend, much of the developing world contemplated a debt crisis that has both governments and individual families struggling to pay their...
Votes are currently being tallied for Tuesday’s presidential election in Kenya, in which relations with China comprised a major campaign theme. The two main candidates, former deputy president William Ruto and former prime...
Last week, the Zambian government announced that its creditors—a coalition of French and Chinese lenders that includes China Exim Bank—would cancel $2 billion of the country’s $17 billion external debt. The landmark debt...
A series of recent reports from think tanks in Europe, Taiwan, and the U.S. have highlighted the extent of China’s influence in other countries. Using a variety of metrics and case studies, the reports map malign influence,...
This week concluded the 2021 meeting of the Forum on China-Africa Cooperation (FOCAC). Hosted this time in Dakar, Senegal, the triennial summit has historically brought together Chinese and African heads of state in a public...
China is already a big investor in Africa. In a move that anticipates even greater amounts of Chinese investment, prominent African bank Ecobank plans will launch a “China desk” on April 11th. Pan-African bank,...
Angola’s Business is Booming with China While the exact loan amounts are unknown, media reports have indicated Angola has taken between $4bn and $11bn in loans from China in recent years. Trade between the two nations is...
In an analysis for Inter Press Service, John Vandaele suggests that ,in contrast to Europe’s colonial history in Africa, China’s thirst for natural resources (leading to a major Sino-Congolese deal of US$12 billion of...
Just as China is being praised for moving from a recipient of World Bank aid to a donor, the World Bank president has expressed concern about China’s loan programs to Africa (while also acknowledging that the World Bank will cooperate with a Chinese bank on an Africa-based project next year). From Forbes: China is investing […]
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