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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

Revealing Reactions to China’s Festival of Optics

In terms of geopolitical optics, this week was nothing short of a banquet. It served up at least two sets of images that seem to crystallize our historical moment and that will live on in the Wikipedia of history as shorthand for where the world was in 2025.
One is the waves of uncannily synchronized soldiers and a bewildering array of high-tech weaponry gliding down Beijing’s Chang’an Avenue. The ...

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 ...

In the Aftermath of Zambia’s Default, Fitch Warns Four Other African Countries Could Soon Follow

One of the world's major credit ratings agencies, Fitch Ratings, issued an ominous warning that last week's downgrade of Zambia's will likely not be the last in Sub-Saharan Africa. In an article published on its website yesterday, the agency highlighted Angola, the Republic of ...

Sudan Under Pressure From Both China and the U.S.

The Sudanese government is being pulled in opposite directions by the United States and China over potentially volatile political issues related to Israel and Xinjiang. In its efforts to move more North African and Arab countries to recognize Israel, the United ...

Congolese Forward Cédric Bakambu Becomes Beijing Guoan’s All-Time Scoring Leader

After he scored his 50th goal on Monday, Congolese forward Cédric Bakambu became the all-time scoring leader for Beijing Guoan in the Chinese Super League. The Chinese embassy in Kinshasa noted the achievement on Twitter.

COVID-19’s Unanticipated Outcomes

The recent announcement that Zambia will default on several of its Eurobond notes, and the indication from ratings agencies that several other African countries are in similar danger are just the latest indicators of how the economic crisis kicked off by the pandemic is impacting African economies.  ...

QZ Africa Editor Yinka Adegoke on the Current State of China-Africa Relations

There've been major developments over the past week in the African debt crisis. It appears that Angola and China reached a consensus on how to restructure the estimated $20 billion of loans that Luanda owes Beijing. This deal then paved ...

Letter to the Editor: Defending the Interests of Africa’s Private Creditors

Hi Mr. Olander, I work as a sovereign credit analyst at a private buy-side financial firm - I research the Sub-Saharan (and Middle East/North Africa) regions, and as such your content enriches my understanding of the countries in which we invest. ...
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