Day: July 14, 2020
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Neither a Pandemic nor Economic Crisis Appears to be Slowing China’s Infrastructure Building Spree in Africa
Regular readers will have noticed the almost daily announcements of Chinese infrastructure projects across Africa. While quantifying all these new contracts is a challenge, it does appear that China's state-run construction companies' African operations have been quite resilient during the COVID-19 outbreak and the subsequent economic crisis. ...
Twitter Thread: Nigeria’s Covert Military Procurement Deals With China
The widely-read military blogger Defense News Nigeria explained in a multipart Twitter thread published yesterday why Abuja felt it necessary to negotiate a series of covert military procurement deals with Beijing. The thread explains how U.S. export controls on attack drones ...
Why Africa’s Oil Exporters Should be Very Concerned About the Proposed China-Iran Mega-Deal
Iran and China are reportedly nearing completion of a wide-ranging oil-for-infrastructure deal that would pave the way for billions of dollars of Chinese investment in Iran's energy, telecommunications and financial service sectors in exchange for a 25-year supply of oil.
“Blitzscaling” in African Markets: Opera’s Opay Optimizes Its Operations
Recently, OPay, the Chinese-backed super app operating in Nigeria made an announcement that garnered plenty of attention. Best known for its lime-green ‘Uber for motorcycle taxis’ service, the company, which is backed by Softbank and Meituan Dianping (China’s other super ...