Day: May 29, 2020
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The G20 is Going to Try One More Time to Get Everyone Together to Come Up With a Debt Relief Plan for Poor Countries
Finance Ministers and central bankers from the Group of 20 will convene an extraordinary meeting on November 13th in a bid to come up with a more robust debt relief plan for the world's poorest countries. A couple of weeks ...
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There’s Good News and Bad News About Kenya’s Ballooning National Debt
After Angola and Zambia, Kenya is high on the list of countries at risk of encountering severe debt distress due in part to extensive borrowing from China to fund major infrastructure projects like the Standard Gauge Railway and, more recently, its seemingly insatiable appetite for more debt. ...
China Launched a Virtual Trade Show With East Africa This Week That It Says Will Get 10,000 Attendees
With physical trade fairs all shut down due to the COVID-19 pandemic, Chinese trade promotion authorities are experimenting with new virtual models. On Monday, a China-Africa virtual expo kicked off, reportedly with more than a thousand exhibitors from both regions and organizers say they're confident ...
U.S. Throws WTO Director-General Selection Process Into Chaos, Possibly With an Eye on China
The United States threw a wrench into the selection process for the World Trade Organization's next Director-General when it moved on Wednesday to block the appointment of Nigerian-American Ngozi Okonjo-Iweala to support its preferred candidate Yoo Myung-hee, South Korea's trade minister. Washington's stated ...
Algeria Opened the New Chinese-Built Mega Mosque
Algeria's new Grand Mosque, the largest mosque in Africa, hosted its first public prayers yesterday -- 18 months after the China State Construction Engineering Corporation completed construction. The new mosque, known locally as the Djamaa El-Djazair, occupies ...
By Felix Brender 王哲謙 When China and Russia vetoed the UN Security Council’s Strait of Hormuz resolution on 7 April, after weeks of increasingly plaintive calls for Beijing to “do more” over Iran, a familiar argument resurfaced: if China wants the status ...
Tweet of the Day: Kenyan Economist David Ndii Highlights One of the Most Important Challenges in the Current China-Africa Relationship
Popular Kenyan economist David Ndii gave voice today to a widely-held perception among large swathes of African civil society that Chinese interests are much more aligned with the continent's governing elites than with those of everyday people. This hasn't been helped, ...
COVID-19: How Can China Help African Countries Have a Stake in the Race for a Vaccine?
Six months after the emergence of COVID-19 in Wuhan, China, the global effort to develop appropriate vaccines and treatments is continuing at a pace. The WHO report that there are now 125 candidate vaccines in development, including 10 in clinical evaluation. In recent weeks, there has ...
Debt Relief in Africa: A Conversation With Renaissance Capital’s Charlie Robertson
Ethiopian Prime Minister Abiy Mohamed was among the first African leaders to issue an urgent appeal for debt relief back in March even before COVID-19 had become a serious public health issue on the continent.“COVID-19 poses an existential threat to the ...









