Day: June 24, 2021
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FOCAC PERSPECTIVES: Relieve the “Pressure Points” in China-Africa Ties By Expanding Trade and People-to-People Ties
Every day leading up to the Forum on China-Africa Cooperation conference on November 29th and 30th, CAP will feature perspectives from journalists, academics, activists, and business leaders about what they hope will emerge from the FOCAC event in Dakar. If you ...
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Letter to the Editor: Contrary to Widespread Misperception, China Has Restructured Some of Its Commercial Loans in Africa
Hi Eric and Cobus, I’m writing to follow up on a statement about Chinese debt relief you made in a recent column: …the fact is that China has canceled some zero-interest loans that only ...
Finally, Some Good News For Kenya’s Embattled Standard Gauge Railway
While Kenya struggles to repay billions of dollars of loans to the China Exim Bank used to build the Standard Gauge Railway (SGR), the government is getting a badly-needed boost from higher cargo and passenger volumes. Kenya Railways this week reported ...
Chinese Mining Companies Move Forward With Two Huge Deals Worth More Than a Billion Dollars in Ghana, DRC
The economic turmoil brought on by the ongoing pandemic has done nothing to stem the appetite of Chinese mining companies looking to expand their presence in Africa. This week alone, Chinese mining giants Zijin and Chifeng Jilong both received approval this week to proceed with deals that total ...
China Ramps Up Criticism of Blinken’s New Africa Policy
China escalated its criticism of U.S. Secretary of State Antony Blinken and Washington's new foreign policy approach towards Africa that downplays Beijing. Whereas the initial reaction to Blinken's three-nation tour emerged on Monday in two columns in the nationalist tabloid Global ...
