Day: July 31, 2020
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Why Agricultural Cooperation Needs To Be High on the Agenda at Next Year’s China-Africa Summit
In less than a year, the 8th Forum on China-Africa Cooperation (FOCAC) Summit will take place in Senegal. Ever since the first FOCAC Ministerial Conference held in Beijing in 2000, this triennial Summit has been gradually institutionalized as a platform for bilateral and multilateral dialogues to shape ...
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FT Article Sparks a Lot of Excitement About Chinese Debt Restructuring Deals But Details Still Remain Sparse
An FT story published over the weekend injected a burst of rare optimism into the African debt relief discussion. The article by U.S.-based Markets Correspondent Camilla Hodgson reported on last Tuesday's remarks by Chinese foreign ministry spokesman Zhao Lijian that Beijing had reached debt relief ...
The Nigerian Government’s Seemingly Endless Effort to Correct Misinformation About the Country’s Debt
Nigeria's Debt Management Office, once again, issued a breakdown of the country's debt to external creditors in a bid to push back against the widely-held, yet misinformed perception that the country is in debt beyond its capacity -- mostly to China. ...
U.S. Sanctions State-Owned Chinese Infrastructure Company That Has a Huge Presence in Africa
The move by the United States last week to sanction the China Communications Construction Company (CCCC) could have far-reaching implications that extend all the way to Africa, where the state-owned construction giant has an enormous presence. The U.S. State and Commerce ...
China Communications Construction Company in Africa
The China Communications Construction Company (CCCC) is Africa's largest international contractor, with a 40-year history of building some of the continent's largest infrastructure projects, according to a company promotional video. Some of CCCC's recent projects are among Africa's ...
Tonga's King Tupou VI and China’s President Xi Jinping shake hands after a signing ceremony at the Great Hall of the People in Beijing on November 25, 2025. Photo by MAXIM SHEMETOV / POOL / AFP
By Ben Strang More than four years on from one of the most powerful volcanic eruptions in history, Tonga is struggling to improve its infrastructure as it pays off a massive Chinese loan. When Hunga Tonga-Hunga Ha'apai erupted on ...
Djibouti’s Chinese Debt
On July 15, 2019, Ilyas Moussa Dawaleh, Djibouti's Minister of Economy and Finance, tweeted to announce that the restructuring of China's ExIm Bank loan for the construction of the Djiboutian section of the Djibouti-Addis Ababa railway line would be completed even though "a few small details" ...
Q&A: Measuring the Effectiveness of Chinese Agricultural Assistance in Africa
China has a long history of involvement in agriculture in Africa. As far back as 1959, China offered food grants to Guinea, and especially since the 2007 introduction of China’s “Agriculture Going Out” initiatives – a set of policies that encouraged Chinese agricultural companies to invest in ...