Day: June 18, 2021
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The Week in Review: Kidnapping in Nigeria, Crime in Kenya and Construction in the Congo
A Swedish pension fund with almost $90 billion under management divested its shares in the Chinese state-owned Power Construction Corporation due to "violations of environmental norms" in Tanzania's Selous Game Reserve. The firm, A7, also dropped Huaneng Power International for expanding its coal power operations. The company ...
Does China’s White Paper on Development Mean Anything for Africa?
In January 2021, China finally published its White Paper on International Development Cooperation. I say finally because – having seen white papers on aid published in 2011 and 2014, some people at least had the expectation that the next in the series would be in 2017! Nevertheless, ...
An Update on Chinese Lending in Africa (It’s Not Good News)
This week's launch of the new Lagos to Ibadan Standard Gauge Railway may be the last time for a long while that a big multibillion dollars infrastructure project like this is built in Africa using Chinese loans. Chinese development ...