Day: February 25, 2020

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Tweet of the Day: It’s Been a Good Week for Huawei in Africa

Just days after Safaricom acting CEO Michael Joseph brushed off U.S. concerns about using Huawei equipment on its new 5G network in Kenya, the Chinese telecom giant also received good press in Nigeria for the company's corporate social responsibility initiatives.

“Washington Can do Better Than China-bashing and Travel Bans”

One week after U.S. Secretary of State Mike Pompeo wrapped up his three-nation African tour, a number of reviews considering the direction of Washington's current foreign policy in Africa are just coming in. There's an emerging consensus among a growing number of policy and media observers that ...

U.S. Secretary of State Mike Pompeo’s Recent Trip to Africa Didn’t Make a Lot of News… And That’s a Good Thing

One of Washington's leading Africa analysts, Judd Devermont at the Center for Strategic and International Studies, published a short Q&A that reflected on U.S. Secretary of State Mike Pompeo's recent three-nation African tour that wrapped up last week. Devermont's key ...

Africa’s Largest Bank Makes Donation to Support the Fight Against COVID-19

Africa's largest bank, South Africa-based Standard Bank, made a $50,000 donation to the COVID-19 relief effort in China. Sim Tshabalala, CEO of Standard Bank South Africa made the donation on Monday during a ceremony with Chinese Ambassador Lin Songtian. It's worth noting ...

Black Monday in Johannesburg: The JSE Had One of Its Worst Trading Days in 20 Years Over Mounting COVID-19 Concerns

Share prices on Africa's leading index, the Johannesburg Stock Exchange, plummeted on Monday amid surging investor fear over the economic damage caused by the escalating COVID-19 crisis.  The JSE shed 4.5% in trading yesterday, making it one ...

Analysis from Cobus van Staden

China-Led Study Proposes Global Energy Network

A globally connected network of solar and wind energy could provide three times the global energy demand by 2050 at a lower cost than independent national power systems. This is the finding of a study led by the Chinese Academy of Sciences in collaboration with researchers from the United States and Denmark.

The study focused on how areas with high solar and wind capacity (such as deserts) can be linked to ...

China Announces Sweeping Ban of Eating and Trading Wildlife

China's top legislative body, the Standing Committee of the National People's Congress (NPC), announced a sweeping ban on the trade and consumption of wild animals as part of the effort to stem the deadly COVID-19 outbreak that has crippled the country. ...

China’s Growing Influence in the Mideast, Persian Gulf & Mediterranean

China's crude imports from Saudi Arabia surged last year by 47% highlighting the Kingdom's growing importance to Beijing as a key oil supplier. This should also be concerning for Africa because the Chinese no longer feel as dependent on the ...