Day: May 11, 2020

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Many of Washington’s Top Africa Experts Participate in All-Day Hearing on the State of U.S.-China-Africa Relations

Nine of the top Africa experts in Washington testified in an all-day hearing on Friday organized by the congressionally-mandated U.S.-China Economic and Security Review Commission (USCC).  The hearing, entitled "China’s Strategic Aims in Africa," coincided with this ...

China’s Subtly Revising the Narrative of the Origin of Its “Miscommunication” With Nigerians and Other Africans in Guangzhou

Confronted with overwhelming criticism in Africa following widespread reports of maltreatment of and discrimination against African residents in the southern Chinese city of Guangzhou last month, the Chinese government has been trying (largely unsuccessfully) to reshape the narrative according to their interpretation of the events.

How the U.S. is Catching Up With China in the PR Battle Over COVID-19 Relief in Africa

Although U.S. stakeholders have given a lot more money to COVID-19 relief in Africa than those from China, the Chinese have done much better on the PR side.  But Judd Devermont, Director of the Africa Program at the ...

165 Kenyan Evacuees Return Home From China

165 Kenyans stranded in China arrived in the early hours Sunday morning at Jomo Kenyatta International Airport. Kenyan ambassador to China, Sarah Serem, helped to coordinate the charter flight from Guangzhou back to Nairobi and was at the airport in southern ...

Moody’s Warns That Kenya’s High Borrowing Costs Could Prompt a Downgrade

The global credit rating agency Moody's is becoming increasingly concerned that Kenya will not be able to keep up with the payments on its comparatively expensive loan portfolio. Moody's adjusted Kenya's rating from B2 stable to B2 ...

Analysis from Cobus van Staden

How to Lure Chinese Financing Back to the Global South: Report

Global South countries face increasing financing pressure, endangering their ability to keep developing while also implementing measures to deal with a growing climate crisis. The disruption of global trade is coupled with a larger megatrend: flows of international capital to the developing world have turned negative. This means that countries are now routinely paying more to service loans than they receive in disbursements.

The vast majority of Global South borrowers ...