Day: November 9, 2020
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Re-balancing ties between the United States and China emerged as one of the key themes in the stream of analysis that flowed all weekend from African journalists and analysts after Joe Biden formally won the U.S. presidential election. Many commentators from ...
Kenya’s Spiraling Debt Crisis Worsens as the Cost of Chinese Loans Mount, Currency Weakens and Exports Soften
Kenya is rapidly becoming the next flashpoint in the Africa debt crisis amid a dramatic increase in borrowing that threatens to submerge the economy. The Parliamentary Budget Office (PBO) warned on Friday that the country's ballooning debt is ...
What’s Next For Jack Ma’s Philanthropy in Africa Now That He’s in Real Trouble Back Home?
Jack Ma, the founder and former CEO of Alibaba, is in trouble with the government at home. Big trouble. Last week, Chinese regulators pulled the plug at the very last minute on Alibaba's blockbuster $34 billion IPO of its financial unit Ant Group after Ma ...
China, Africa and the New Biden Administration
There's palpable excitement in dozens of capitals around the world about the prospects of a new government in Washington, D.C. This is especially true in Africa, where U.S. relations with a number of countries on the continent felt like they were rapidly deteriorating and on their way ...