Day: October 3, 2019
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Chinese Galamsey and the Illegal Lure of China’s Gold Rush
Some 50,000 Chinese migrants are said to have flocked to Ghana to stake a claim in the country’s illegal gold mining rush, with dire environmental, economic and social consequences. Ghana’s tradition of artisanal gold mining and the gold price boom ...
World Bank: China Sinks Further Into Debt While Investors Seem to Love Buying African Sovereign Bonds
On average, the external debt burden of low and middle-income countries remains moderate. The ratio of external debt to GNI averaged 26 percent at the end of 2018, unchanged from the prior year average, and the ratio of external debt-to-export earnings improved slightly.
Aubrey Hruby: Africa Already is a Battleground in the U.S.-China Trade War
Atlantic Council Africa Center senior fellow Aubrey Hruby explained in a recent interview at the Concordia Summit in New York that Africa is a new front in the ongoing U.S.-China trade war but nonetheless remains optimistic that some African countries are well-positioned to benefit from the ongoing ...
Why Chinese and U.S. Stakeholders Should Listen Carefully to What PLO Lumumba Has to Say
Kenyan law professor and former director of the anti-corruption commission Patrick Loch Otieno (PLO) Lumumba first came to the attention of a lot of China-watchers in Africa in 2018 when the Zambian government blocked him from entering the country. Lumumba had been scheduled to give a ...