Day: November 2, 2020

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China’s Cryptocurrency Now Has a Foothold in Places Like Africa With the Introduction of Huawei’s Latest Phone

Huawei unveiled its new Mate 40 smartphone on Friday that for the first time comes preinstalled with a built-in e-wallet that uses China's digital yuan or cryptocurrency. Although the Mate 40 will go on sale in most of Africa's ...

China Dominates Almost Every Layer of East Africa’s Mobile Technology Sector

Chinese technology permeates nearly every level of the East African mobile technology stack with the notable exception of operating systems that are still dominated by Google and Apple, according to a post by Kenya-based technology analyst Michael Kimani. While Kimani focused his analysis on ...

China Responds to Accusations That It’s Not Doing Enough To Help Resolve Zambia’s Escalating Debt Crisis

The Chinese government is responding to critics who charge that Beijing is not doing enough to resolve the rapidly escalating debt crisis in Africa, especially in Zambia. “We have signed debt-relief agreements with the majority of countries that have requested it, and are holding consultations with the remaining ...

“China Needs to Increase Transparency,” says Ministry of Commerce Researcher

China's Ministry of Commerce (MOFCOM) blamed heightened nationalism, protectionism and populism among U.S. and European governments for the growing lack of trust among Africa's international creditors.  "While China is actively promoting the implementation of the G20 "debt relief initiative," Western countries ...

Africans Borrowed Heavily From China and Other Bilateral Creditors. Now That Debt is Getting Away From Them

Former U.S. Treasury official and current Senior Fellow at the Council on Foreign Relations, Brad Setser, is providing some of the sharpest, most insightful commentaries on the worsening debt crisis in Africa and how both China and the DSSI are contributing to the problem. ...

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 ...

Worrying About Huawei in Africa Misses the Bigger Issue

Say what you want about the marginally effective U.S. campaign against Huawei, they do deserve some credit for keeping the issue of network security at the forefront of the wider discussion about next-generation mobile telecommunications. They're absolutely right to be worried ...