Day: November 1, 2021
Related Posts
FOCAC 8 Concludes With China-Africa Relations Now Heading in a New Direction
Senegalese Foreign Minister Aïssata Tall Sall brought this week's Forum on China-Africa Cooperation ministerial conference to a close on Tuesday at a press briefing with her Chinese counterpart Wang Yi. Sall conveyed what appears to be the consensus among attendees, both African ...
Related Posts
African Analysts and Scholars React to FOCAC 8 Outcomes
The Atlantic Council, a Washington, D.C.-based think tank, convened an online roundtable on Tuesday of senior-level analysts from across Africa to discuss the outcomes of this week's FOCAC conference in Senegal with a particular focus on the economic impact. ...
Did China’s FOCAC Financial Package Go Down? Stay the Same? Or Go Up? It’s Too Early to Tell
The main story from this year's FOCAC, at least according to Bloomberg and the Financial Times, is that "debt traps" and "debt concerns" prompted China to scale back the size of its financial assistance package. The ...
Surprise That China Did Not Commit More of Its IMF Special Drawing Rights Allocation to Africa
Chinese President Xi Jinping's pledge to reallocate $10 billion to African countries of its estimated $40 billion of Special Drawing Rights (SDR) that it received from the International Monetary Fund took some by surprise as being a bit, well, cheap. "What ...
China is Going to Force Other Donor Countries to Up Their Game When It Comes to Vaccine Shipments to Africa
China's FOCAC pledge to donate 600 million COVID vaccines to African countries and to jointly produce an additional 400 million doses on the continent is going to put new pressure on other donors, namely from the U.S. and Europe, to change how they distribute vaccines in Africa. ...
File image of a worker cleaning solar panels installed on the roof of the traditional Gedhe market in Klaten, Central Java. China’s $180 billion clean tech push is reshaping the Global South, with Indonesia a key test of who controls new green industries. (Photo: DEVI RAHMAN / AFP)
By Cobus van Staden, CGSP Head of Research Remember “no blood for oil”? Decades ago, the slogan emblematized opposition to the U.S. invasion of Iraq. Its logic subsequently shifted as the United States experienced a gas and oil revolution thanks to fracking.
Debt Relief for World’s Poorest Countries Barely Mentioned at G20 Summit in Rome
Leaders from the world's wealthiest countries meeting in Rome over the weekend covered a lot of ground on everything from finalizing an agreement on a global minimum corporate tax to new climate-related commitments. But for a ...
Uganda’s Finance Minister Grilled by Parliament Over Chinese Airport Construction Loan, Apologized for Oversights
Uganda's Finance Minister Matia Kasaija apologized to parliament last week for the mishandling of the $207 million loan from the China Exim Bank to expand Entebbe International Airport. "I apologize that we shouldn't have accepted some of the clauses,"
Kenya’s Transport Minister Tours Almost-Finished Chinese-Built Nairobi Expressway, Promises Traffic Relief by Christmas
Kenya's Transportation Cabinet Secretary James Macharia led journalists on a tour of the nearly-completed Nairobi Expressway, one day after a small section of the road opened to motorists for the first time. Macharia said ...
Chinese Ambassador to Kenya Wants to Integrate the Port of Mombasa Into Overland Trade Routes in Asia
China's ambassador to Kenya, Zhou Pingjian, met on Friday with leaders from the Kenya Port Authority (KPA) to discuss further integration of the Port of Mombasa with the Belt and Road, specifically linking the port to the Gwadar Port in Pakistan that is at the center of ...
Biden-Tshisekedi Meet on Sidelines of G20
DR Congo President Félix Tshisekedi met one-on-one with his U.S. counterpart, Joe Biden, on Friday in the run-up to the G20 summit that took place over the weekend in Rome. There's been a lot of interest in recent months
Why Some of the Most Interesting Discussions Surrounding FOCAC Won’t be in the Conference Hall
Anticipation is growing about the upcoming Forum on China-Africa Cooperation conference that is expected to take place at the end of the month in Dakar. While we still don't know what will be on the agenda, the official meeting of ministers is only a part of the ...
Rare Bike Collectors Take Note… South Sudan’s Got a Lot of Classics on the Streets
If you love classic Chinese bikes then you'll want to spend some time on the streets of South Sudan, where bikes like the Phoenix are apparently quite popular. The Phoenix, like the once immensely popular Flying Pigeon ...