Day: May 27, 2020

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Skepticism About The Heritage Foundation’s Recent Report on Alleged Chinese Spying in Africa

China's political attaché at its embassy in Lesotho echoed doubts raised by journalism fellow Thuso Mosabala about the lack of on-the-record sourcing in The Heritage Foundation's recent report "Government Buildings in Africa Are a Likely Vector for Chinese Spying" by analyst Josh Meservey. ...

Video: Chinese COVID-19 Aid and Medical Teams Are Becoming Increasingly Visible in Africa

The video team at the South China Morning Post in Hong Kong assembled a short overview of the increasingly visible Chinese medical team deployments and COVID-19 donations across Africa. https://www.youtube.com/watch?v=g1pB2PcGzVs&feature=emb_title ...

Chinese Commerce Ministry Researcher Offers Vague Clues About How China May Approach Debt Relief in Africa

Chinese officials have offered no specifics as to how they plan to renegotiate the terms of their $152 billion loan portfolio in Africa. Other than a few general statements from Foreign Minister Wang Yi or spokesman Zhao Lijian about Beijing's ...

As Enthusiasm in Africa For the G20’s Debt Relief Plan Fades, Attention Turns to What China Will do

The G20 and Paris Club debt relief proposal for Africa is encountering headwinds as a more and more countries are becoming increasingly wary of the terms of the deal. The key sticking point is a requirement that if an African country wants to qualify for the G20/Paris ...

Why Does Nigerian Representative Ben Rollands Igbakpa Want to Review Almost 20 Years of Loans From China?

Earlier this month, on May 13, Nigerian representative Ben Rollands Igbakpa introduced a motion that was passed by the House calling for an investigation into all of the country's loans from China dating back to 2000. Representative Igbakpa ...

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 ...

China to Finance and Build a Massive New Coal Power Plant in Zimbabwe

The Zimbabwean government announced last month that construction of the new $3 billion Sengwa coal power plant will proceed after years of negotiation. The new 2,800 megawatt plant will be a joint effort between ...