Day: August 24, 2020

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It’s Been Nearly 6 Months Since Guangzhou, What Have We Learned?

It's been six months since Guangzhou became synonymous with anti-black and anti-African discrimination. In the wake of numerous videos, photos, and accounts of the maltreatment of African residents in the southern Chinese megacity, feelings on all sides have hardened. It's true ...

Gyude Moore on Why Africa Must Steer Clear of Any U.S.-China Conflict

W. Gyude Moore, a senior policy fellow at the Center for Global Development in Washington, D.C. and the former minister of public works in Liberia, wrote another provocative article on U.S.-China-Africa relations that ricocheted across the internet over the weekend.

Namibian Beef Exports to China Continue While Dozens of Other Countries Halt Meat Trade Due to COVID-19

China's General Administration of Customs published a list of 46 meat processing plants around the world that have halted exports to China due to COVID-19 outbreaks among their workers. But Namibia, so far, is not on the list. ...

Africa’s Richest Man, Alika Dangote, Shares His Perspective on the Impact of China’s Presence in Africa

Chinese businesses are coming to Africa for "what they need" and are not challenging local enterprises in Nigeria and Africa more broadly, according to the founder and president of the Dangote Group, Alika Dangote, in an interview with the Nigerian business TV program "Moneyline ...

China to Stockpile Massive Amounts of Cobalt, Further Boosting the Price of this DRC, SA-sourced Strategic Mineral

The Chinese government will add 2,000 tons of cobalt to its strategic commodity reserve in a move that is expected to further bolster prices of this vitally important mineral that largely comes from the Democratic Republic of the Congo and South Africa, according to ...

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 ...