Day: July 11, 2019
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Tweet of the Day: Can U.S. and EU Tech Companies Catch Up With Chinese Rivals in Africa? Probably Not.
Nigerian commentator reflected on yesterday's third-quarter market data figures published by International Data Corporation that revealed Shenzhen-based Transsion's near-total dominance of the African mobile phone market. The Chinese company is the leading ...
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China Emerges as Key Theme in Discussion on How to Create Jobs in Nigeria
The NewThink podcast is a new show hosted by two of Washington's most well-known Africa analysts, Aubrey Hruby from the Atlantic Council and Former Liberian Public Works Minister and current fellow at the Center for Global Development, Gyude Moore. In this episode that focuses on how ...
A New Focus on Youth Unemployment by Chinese Stakeholders in Africa
60 Chinese companies participated in a job fair in Johannesburg on Tuesday organized by the South Africa-China Economic and Trade Association. Apparently, some 238 young people were offered jobs at the event, according to Ambassador to Lin Songtian in an interview with CNBC Africa.
As African Leaders Say Don’t Worry, IMF Issues New Warning on Rising Debt Levels Across the Continent
There are conflicting messages emerging about the potential risks associated with Africa's steadily rising debt levels. Yesterday, the IMF issued a new warning that the amount of debt that African governments now owe has doubled over the past years as borrowing from capital markets and bilateral lenders, ...
Letter to the Editor: Those “Sino-Africa Swap Deals are Happening”
After I published the story yesterday on the evolution of China's Resource-for-Infrastructure deals in Africa and the emergence of new financing models, known as "Sino-Africa Swap" deals, I wanted to get some additional perspective to find out if this is something that's actually happening or if ...
