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Day: October 14, 2021

Two Totally Different Messages Emerge on the Same Day Over the Health of the Kenyan Economy

Kenya's Treasury Cabinet Secretary Ukur Yatani provided parliament with an upbeat forecast of the country's economic recovery in the post-pandemic era. Yatani reaffirmed on Wednesday his earlier projection that economic growth would remain at a healthy 6% next year and the country's ballooning fiscal deficit ...

The Case For Better African Governance in Managing Chinese Development Projects

There's been mounting criticism of Chinese development projects in Africa by both political and civil society actors in response to rising debt levels, environmental degradation, and the maltreatment of local workers by Chinese managers. While many put the burden of responsibility ...

China’s New Ambassador to Djibouti Speaks With Jeune Afrique in One of His First Interviews With International Media

It's still relatively rare that Chinese ambassadors in Africa do interviews with the international media and even it's more notable that a relatively new envoy makes himself available to publications like the Paris-based magazine and website Jeune Afrique (JA). Hu Bin, ...

In What Could be An Ominous Sign For Other Developing Countries, Vietnam Reports Severe Supply Shortages From China

Electronics retailers in Ho Chi Minh City, Vietnam's southern commercial hub, are reporting acute shortages of laptops, mobile phones, and other electronic devices imported from China. Logistics experts there say the disruptions are due to what's described as a "perfect storm" of supply chain disruption that could ...

SolarTaxi: The Hot Ghanaian Start-Up Powered by Low-Cost Chinese Tech

Tech entrepreneur Jorge Appiah wants to revolutionize how people and goods get around Ghana by making transportation cheaper and, more important, cleaner. The CEO and Founder of SolarTaxi, a start-up launched in 2019 focused on electric-powered mobility solutions for both businesses and consumers, is ...

Analysis from Cobus van Staden

Argentina Scores $924 Million in Deals from China

Argentina’s Economy Minister Sergio Massa managed to secure almost a billion dollars‘ worth of investment deals on the first leg of his trip to China.
He is on an economic rescue mission, with talks expected to renew and extend a currency swap agreement in order to infuse much-needed foreign money into the Argentinian economy.

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African Borrowers Need to Wake Up to the Reality of Chinese Loans

Chinese lending to developing countries has come under sharp focus since the release of several reports that have reshaped the debate. Unsurprisingly, many news reports, like the BBC’s “China: Big spender or loan shark” are ringing the alarm bells. However, I’d argue that the reports should rather prompt new ...