Day: June 25, 2021
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Why African Countries Can’t Rely on China to Fix The Trade Imbalance
It is beyond doubt that two-way trade will feature heavily in next week’s FOCAC ministerial meeting in Dakar, Senegal as China has already announced plans to further open its market for more African products. While this is a welcome move that will go a long way in ...
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Cobalt Clarifies Everything
We’re at one of those moments when everyone suddenly remembers that Africa exists. Right through the pandemic, the debt crisis, and climate talks, the continent and its needs were seemingly invisible. But nothing sharpens the eye like an upcoming FOCAC summit. ...
How Will China Respond to the Coup in Sudan?
The pre-dawn military coup in Sudan on Monday presents the latest challenge for China on how to respond to the toppling of governments in Africa where it has sizable economic and strategic interests. Normally, the Chinese Foreign Ministry tends to be ...
COVID Flare-Ups in China Threaten to Disrupt What’s Otherwise Been a Strong Year For China-Africa Trade
While global trade experiences unprecedented disruptions of major supply chain networks, that turbulence does not appear to have had much effect on the volume of Chinese trade with African countries, at least so far. Chinese ...
One Kenyan Entrepreneur’s Cautionary Tale About Replacing Chinese Imports With a Locally-made Alternative
Kenya's gaping trade imbalance with China is typical of many African countries that import significantly more than they export to the Chinese market. This has prompted calls going back years for Africans to reduce their dependency on Chinese imports and manufacture more at home, particularly in the ...
