Day: April 20, 2021

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What We’ve Lost in the Fire

This weekend was a rough one for South Africa. On Sunday, the country watched as fires around Table Mountain slowly started creeping downhill, towards the beautiful campus of the University of Cape Town (UCT). Soon it was confirmed that the university’s African Studies library, which housed a ...

The U.S.’s Blue Dot Network vs. China’s Belt & Road Initiative

In the run-up to last Friday's U.S.-Japan summit at the White House, there had been a lot of talk that President Joe Biden and Prime Minister Yoshihide Suga would announce a new initiative to challenge China's Belt and Road Initiative.

The Impact of India’s Surging COVID-19 Infection Rate Will be Felt Throughout the Developing World

A massive surge of COVID-19 infections in India threatens to make worse what was already a difficult situation for developing countries in Africa and around the world in their efforts to contain the pandemic. A record 274,000 infections were reported yesterday, a figure that ...

China To Do More to Make COVID-19 Vaccines Accessible to Developing Countries, Says Xi

President Xi Jinping told attendees of the Boao Forum taking place on China's southern Hainan Island on Tuesday that Beijing will increase the "accessibility and affordability" of vaccines for developing countries. In typical fashion, the President did ...

China’s Tecno Knocks Off Samsung to Become Africa’s #1 Smartphone

Tecno, for the first time, edged out Samsung to become the top smartphone brand in Africa in 2020 thanks to a steady stream of new, affordable devices backed with robust marketing budgets, according to the latest data from Counterpoint Research’s Market Monitor service.

Analysis from Cobus van Staden

How to Lure Chinese Financing Back to the Global South: Report

Global South countries face increasing financing pressure, endangering their ability to keep developing while also implementing measures to deal with a growing climate crisis. The disruption of global trade is coupled with a larger megatrend: flows of international capital to the developing world have turned negative. This means that countries are now routinely paying more to service loans than they receive in disbursements.

The vast majority of Global South borrowers ...