Day: July 16, 2020

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It’s Time We Have an Honest Discussion About African Debt Relief

There's a huge disconnect between the debt relief discussion currently taking place on many webinars hosted by academics and analysts, and the reality of what's actually happening. We're now five months into this crisis and one thing is clear: bondholders, pension ...

New Chinese “Super Trawlers” Threaten to Devastate Liberia’s Fishing Grounds Warns Conservation Group

The presence of six newly-built Chinese "super trawlers" in Liberia is prompting widespread outrage and worry that these massive vessels will decimate local fish stocks, according to a new report by the London-based Environmental Justice Foundation. The Chinese ...

Investigate Report by a Nigerian News Site Prompts Federal Government to Investigate a Chinese Mining Company

Federal officials from the Nigeria Integrated Water Resources Management Commission paid a surprise visit this week to the Chinese-owned Hongao Mining Company's site in the Federal Capital Territory near Abuja to investigate reports that the company is polluting local water supplies.

LSE: Debt Relief and Africa During COVID-19

The Firoz Lalji Centre for Africa at the London School of Economics recently convened a discussion on the public policy implications surrounding COVID-19 and debt relief in Africa. Dr. Shirley Yu from LSE and the Harvard Kennedy School provided a robust articulation of the Chinese position on ...

What do Recipient Countries in Africa and Other Regions Think of China’s Foreign Aid?

China's foreign aid programs are still relatively new and poorly understood. Until the launch of China's new aid agency in 2018, aid initiatives, most of which went to Africa, were handled by the secretive Ministry of Commerce (MOFCOM). Now, two years ...

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 ...

Marina Rudyak on Chinese aid and South-South Cooperation

Marina Rudyak, a lecturer at the Institute of Chinese Studies at Heidelberg University in Germany and a well-regarded expert on China's foreign aid programs in Africa, was a recent guest on the "In Pursuit of Development Podcast" hosted by Dani Banik. ...