Day: January 7, 2021
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China Remains Africa’s Largest Source of FDI and Job Creation, Says EY’s Annual Investment Report
China was the leading source of foreign direct investment in Africa from 2016 to 2020 in terms of both jobs and capital invested, but third behind the United States and France in terms of the number of projects, according to Ernst & Young (EY)'s ...
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A Week After FOCAC, Experts Weigh in with More Nuance
While much of the news coverage in the immediate aftermath of this year's FOCAC focused on the premature calculation that China had reduced its financial pledge by a third, now, a week later, more nuanced analysis from some of the world's leading specialists in the field is ...
The Uganda Airport Story and FOCAC Spark More “Bad Takes” in Both Chinese and African Media
The editors at Nigeria's Punch newspaper are apparently still unaware that the story about Uganda's Entebbe International Airport being seized by China as part of a debt default is not true. If they knew that the rumor had been conclusively debunked, ...
New Report Isn’t Optimistic About Chinese Development of Wind and Solar Power Projects in Africa… At Least For Now
Chinese President Xi Jinping spoke at length last week during his keynote address at the Forum on China-Africa Cooperation conference in Dakar about the need to promote green energy development in Africa. The continent lags far behind the rest of the world in the use ...
With FOCAC Now Over, Chinese FM Wang Yi Turns His Attention to China’s Forum With LatAm and the Caribbean
Within days of the conclusion of the Forum on China-Africa Cooperation in Dakar, Chinese Foreign Minister Wang Yi pivoted to focus on a similar ministerial forum with his counterparts from Latin America and the Caribbean. Wang last Friday chaired the third Ministers' Meeting of the Forum of ...
"China's financial commitments are simply more tangible and easier to grasp than those of Europe," one delegate from an island state remarked to me on a bright spring day in late March, as we both gazed out at the East River from the United Nations Headquarters. Behind us, in airless ...
Wang Yi’s Busy Day in Kinshasa
On the second stop of his weeklong Africa tour, Chinese Foreign Minister Wang Yi spent a very busy day on Wednesday in Kinshasa, the capital of the Democratic Republic of the Congo, where he met with President Félix Tshisekedi and Foreign Minister Marie Tumba Nzeza. ...
Congolese Reflect on the Stark Contrast Between the Violence in Washington and Wang Yi’s Visit to Kinshasa
Wednesday was a day of sharp contrasts for Congolese looking at the United States and China from afar. While pro-Trump extremists stormed the U.S. Capitol, China's Foreign Minister was in Kinshasa signing deals and relieving old debts. The stark contrast in ...
The ECFR’s Theodore Murphy Proposes a Radical Idea For How Europe Can Catch Up to China’s C19 Vaccine Outreach in Africa
It's now plainly evident that wealthy countries are hoarding COVID-19 vaccines for their own populations at the expense of millions of people in poor, developing countries will have been pushed to the back of the line. It's also apparent that the ...
African Businesses in China: Meet Ghanaian Tech Entrepreneur Charles Cyril Nettey
Shanghai-based China-Africa watcher Heather Li published the second installment in her new video series that profiles young African entrepreneurs in China. In this episode, she introduces us to Charles Cyril Nettey from Ghana who founded the Africa Diaspora Innovation Group and runs an e-commerce start-up. ...











