Day: August 30, 2021
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Why China will Probably Sidestep Calls for Sahel Involvement
The Forum on China Africa Cooperation (FOCAC) kicked off in Dakar, Senegal with huge expectations. As usual, there was a lot of talk about trade, investment, and other perennial Africa-China discussion points. More surprising was the call from Senegalese Foreign Minister ...
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Xi Lays Out an Ambitious Agenda For Engagement in Africa With a Focus on Vaccines and Trade
Chinese President Xi Jinping unveiled a sweeping package of trade, health, and investment programs that all appear intended to address the continent's immediate demand for combatting the COVID-19 pandemic and sparking economic growth. The president laid out his proposals on Monday ...
Xi’s Billion Dose Vaccine Pledge Signals a Huge Increase in its African Provision
Chinese President Xi Jinping's promise to provide a billion more doses of COVID-19 vaccines to African countries is a dramatic change from the rather paltry 107 million jabs that Chinese pharmaceutical companies have distributed to date across the continent.
Why Policymakers in the U.S. and Europe Should Feel Nervous After Xi’s FOCAC Speech
It's unlikely that many people in either Washington or Brussels paid that much attention to Chinese President Xi Jinping's keynote address on Monday at the Forum on China-Africa Cooperation conference. Except for news agencies like Reuters and Bloomberg, no major U.S. newspaper, news site, or television network ...
Presidents Sall and Ramaphosa Address FOCAC
Senegalese President Macky Sall, host of this year's FOCAC, and President Cyril Rampahosa from South Africa both delivered speeches at the forum on Monday, among the few African leaders this year to speak at the event. Both spoke of the importance ...
In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin (centre L) and China's President Xi Jinping (centre R) take part in a meeting in Beijing on May 20, 2026. Photo / Alexander KAZAKOV / POOL / AFP
By Danai HOWARD and Sam DAVIES President Xi Jinping hailed China and Russia's "unyielding" ties in talks with Vladimir Putin on Wednesday, as the pair met to underscore their alliance days after Donald Trump's visit to the Asian superpower economy.
The DR Congo Government Now Has Sicomines in its Sights as the Investigation Into Chinese Mining Contracts Advances
The Congolese government started its review of Chinese mining contracts trying to land a big fish, by launching a commission to investigate China Molybdenum's massive Tenke Fungurume (TFM) cobalt and copper mine in southern Lualaba Province. Now, the government ...
China’s Ambassador to the DRC Tries to Calm Tensions in Meeting With Mining Minister
Chinese ambassador to the DR Congo, Zhu Jing, paid a visit on Friday to Minister of Mines N'samba Kalambayi in an effort to calm rising tensions over videos depicting abuse of local employees, illegal mining activity and environmental ...
In Characteristically Bombastic Fashion, PRC Embassy Says Chinese Companies in the DRC Are the Victims of “Rumors and Slander”
The Chinese embassy in Kinshasa rallied to the defense of its embattled mining companies in the DRC, blaming recent controversies on "individuals who have fabricated stories and spread false information to attack and denigrate, without scruple and without any foundation, Chinese companies to incite hostility."
Zambia’s New Finance Minister Says a Deal With the IMF is Key, Avoids Any Mention of Chinese Debt
Zambia's newly-named finance minister Situmbeko Musokotwane said he's going to prioritize closing a restructuring deal with the International Monetary Fund because it would give creditors confidence and the government cheaper and longer-term financing. Musokotwane was appointed on Friday (the second ...
MSA Capital is the Chinese VC Firm to Watch When it Comes to Investing in African Start-Ups
Announcing yet another early-stage Africa-focused company being backed by the Beijing-based MSA Capital is becoming a monthly ritual. African mobile money start-up PawaPay is the latest to attract MSA Capital financing as part of a $9 million seed round.
The African Union Is the Latest International Organization to Receive COVID-19 Donations From China
The African Union Union Commissioner for Political Affairs, Bankole Adeoye, took delivery late last week of a batch of 15,000 doses of Sinopharm vaccines donated by the Chinese government. Chen Xufeng, the chargé d'affaires at the Chinese mission to the AU, said the vaccines were intended ...
Uganda Set to Receive More Chinese COVID Vaccines
Chinese ambassador Zhang Lizhong and Ugandan Vice President Jessica Alupo announced on Friday that China would provide a second shipment of 300,000 vaccines. It's not clear from the announcement if the vaccines will be sold or donated. The first batch delivered in July was delivered ...
Q&A: Why Now? The Domestic Politics Driving the DRC’s Review of Chinese Mining Contracts
Congolese President Félix Tshisekedi is fulfilling the promise he made last May to investigate foreign mining contracts to ensure they are fair and equitable. While the President did not single out the Chinese specifically, they're no doubt going to be disproportionately impacted given their outsized role in ...