Day: September 30, 2020

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African Leaders Renew Calls for Urgent Debt Relief and Financial Assistance

Leaders from several of Africa's largest countries including South Africa, Kenya, and Ethiopia renewed their urgent appeals on Tuesday for debt relief, debt cancellation, and immediate financial assistance from the international community to help support economies across the continent ...

Tanzanian Official Publicly Mocks Kenya For Taking Huge Loans From China to Build the Standard Gauge Railway

A video of an unnamed Tanzanian official mocking Kenya for borrowing so much money from China to build the Standard Gauge Railway went viral in East Africa this week. "I do not want to mention ...

Zanzibar Opens New Chinese-Financed and Constructed International Airport Terminal

President Ali Mohamed Shein inaugured Zanzibar's new $129 million international terminal III, which was Chinese-funded and built. The hope is that this new facility will spur tourism that will generate the funds to repay the loans. Completion of ...

Who’s Next to Fall? Moody’s Points to Mozambique

In the wake of Zambia's default on a portion of its private creditor debt and the subsequent downgrade by international credit ratings agencies, investors are scanning the map to see which country will tumble next. According to the global ratings agency Moody's Investors Services, Mozambique is a ...

ICYMI: The 2020 CARI Conference is Now Available to Watch Online

If you haven't been able to sit in on the China-Africa Research Initiative's ongoing annual conference, the discussions are now available to view online.  This year's conference focuses on China-Africa security relations and features a number of prominent scholars and analysts ...

Analysis from Cobus van Staden

China-Led Study Proposes Global Energy Network

A globally connected network of solar and wind energy could provide three times the global energy demand by 2050 at a lower cost than independent national power systems. This is the finding of a study led by the Chinese Academy of Sciences in collaboration with researchers from the United States and Denmark.

The study focused on how areas with high solar and wind capacity (such as deserts) can be linked to ...

Pity the Poor American Diplomat in Africa

Life is not getting any easier for the U.S. diplomats posted in Africa. Today's clown show, excuse me, "presidential debate," is certainly not going to make what seems like increasingly awkward and uncomfortable discussions with local stakeholders any easier. Fairly or ...