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Day: November 17, 2020

Africa’s Asian Decade

In today’s China-Africa Daily Brief email newsletter we showcased an article by the analyst and former Liberian Public Works Minister, Gyude Moore, arguing that the pandemic-induced economic crisis will lock in Chinese influence in Africa for at least a decade. He argues ...

China Exim Bank Defers Zambian Loan While Lusaka and Bondholders Go At Each Other Following Debt Default

The Zambian finance ministry announced that it has reached a deal with the China Exim Bank to defer the repayment of loans totaling $110 million that were scheduled to come due through the end of 2021. ...

Kenya’s State-Run Companies Buckling Under Too Much Debt

Three of Kenya's largest state-backed enterprises are showing signs of significant distress amid mounting debts, declining revenues, and a weakening currency. Chinese loans play a critical role in two of the firms, Kenya Railways Corporation and Kenya Power, while the third, Kenya Airways, does not appear to ...

Uganda Confident It Will Secure $2 Billion China Exim Bank Loan to Build New Standard Gauge Railway

The Ugandan government is reportedly in talks with the China Exim Bank to secure a $2 billion loan to build a new Standard Gauge Railway, according to the Daily Monitor newspaper.  The head of Uganda Railways Corporation, Stanley ...

A Pair of Chinese Provinces Move to Boost Ties With Kenya, Rwanda

One of the big misperceptions about China's economic engagement in Africa is that the central government in Beijing and its state-owned enterprises are the only Chinese actors on the continent. A pair of announcements this week highlight the large and growing role that Chinese provinces play in ...

Analysis from Cobus van Staden

Chinese Foreign Minister to Lead UN Security Council Meeting on Gaza

Wang Yi, China’s Minister of Foreign Affairs, will chair a UN Security Council (UNSC) meeting in New York on the ongoing crisis in Gaza.
China, the current UNSC president, called the meeting scheduled for November 29. It comes as the two sides are looking into extending the temporary ceasefire that started last week to allow for the return of further Israeli hostages and Palestinian detainees.

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Gyude Moore: “The Coming Decade of Chinese Dominance in Africa”

China and Africa will increasingly lean into one another in the decade ahead but for starkly different reasons, argues Gyude Moore in a provocative new column published today in African Business Magazine.  Moore, a senior policy fellow at the Center for ...

Larry Hanauer: A Withdrawal of U.S. Military Staff in Africa Will Only Benefit China

U.S. President Donald Trump is widely expected to enact a significant drawdown of U.S. forces in South Asia, the Mideast, and in Africa, before he leaves office next January, according to a report today in The New York Times.

It’s Long Been Suspected That Few People in Africa Actually Consume Chinese Media, Now There’s Research to Prove It

Chinese media outlets have been steadily expanding in Africa over the past ten years.  Beijing has spent millions to build new production facilities, hire hundreds of local and international staff, and spent big on content distribution deals across the continent.  But ...

Guangzhou: Home to a New Generation of Afro-Chinese Children

Six months after the dramatic events that took place in Guangzhou where dozens, possibly hundreds of African residents were evicted from their homes and hotels, the South China Morning Post returned to the southern Chinese city to examine what daily life is like in the bustling African ...