Day: November 9, 2021
Related Posts
China Stands Apart From Kenya’s Other Bilateral Creditors in Requiring Full Debt Repayment
While Japan, France, and Kenya's other major bilateral creditors are all giving Nairobi some breathing room during the ongoing pandemic in the form of reduced debt servicing payments, that is not the case with China. Last quarter, the Treasury transferred $266 million to Chinese creditors, mostly to ...
Related Posts
As the Nairobi Expressway Nears Completion, New Concerns That It Will be Just a “Road for the Rich”
The Kenya National Highways Authority (KeHNA) is trying to reassure the capital's beleaguered motorists that the nightmare traffic congestion caused by construction of the 27-kilometer Nairobi Expressway will soon be over. KeHNA officials said this week that the work is now 70% complete and China ...
No One’s Really Sure What to Make of China’s FOCAC Financial Pledge
One of the key takeaways from the recent Forum on China-Africa Cooperation (FOCAC) conference that took place in Dakar last month is that, unlike previous FOCACs, there's very little consensus over whether the event signaled that China's backing away from Africa or deepening its commitment to the ...
UN Warns Supply Chain Disruptions Will Hit Consumers Hard Next Year, Especially in Developing Countries
With shipping containers in critically short supply, the cost of sending goods from China to South Africa has surged from $1,000 a container to $8,000. It's a similar story in Southeast Asia, where container prices have tripled to $3,000 each.
First Trucks Roll Off the Assembly Line at a New Chinese-Backed Assembly Facility in Uganda
Chinese and Ugandan officials were on hand Wednesday to watch the first truck manufactured by the Uganda Automotive Group (UAG) roll off the assembly at the Namanve Industrial Park in central Uganda. The new factory is a partnership between UAG and China's ...
Wang Yi, China's Foreign Minister and S. Jaishankar, Minister of External Affairs of India
In the space of 24 hours, between Sunday and Monday, the foreign ministers from both China and India laid out their respective governments’ positions on the escalating war in the Middle East. In Beijing, China’s top diplomat, Wang Yi, was unsparing in his criticism of ...
U.S. Hints at January Launch For Build Back Better World Initiative That Aims to Challenge China’s Belt and Road
An unnamed senior U.S. official told reporters on Monday that the Biden administration is planning to announce the launch of its Build Back Better World (B3W) initiative as soon as January and that West Africa will be among the key priorities for what's ...
It’ll Be Months Before We Know the First B3W Projects, But the Battle Between the U.S. and China Over African Mobile Telecoms is Already Underway
U.S. officials have not let on which projects they will support as part of the new B3W plan, their latest effort to blunt China's infrastructure dominance in the Global South and the Belt and Road Initiative more broadly, however, it's almost certain that mobile telecommunications will be ...
If B3W is Supposed to Rally “Like-Minded Democracies” to Confront China in the Global South, Then the U.S. Has a Big Problem
Building a coalition of "like-minded democracies" to challenge China's Belt and Road Initiative in developing countries was a founding principle of U.S. President Joe Biden's Build Back Better World initiative when he unveiled the plan over the summer at the G7 summit in ...
For the Second Day in a Row, Liberia’s Daily Observer Editorial Board Slams Government Over Secrecy in Chinese Mining Deal
The Editorial Board at one of Liberia's largest newspapers, the Daily Observer, is keeping up the pressure on the government by demanding for the second day in a row that it release the details of a 25-year iron ore deal with the Chinese ...
Journalists, Scholars, and Analysts Share What They’d Like to See Emerge From the Upcoming FOCAC Conference
In the run-up to the Forum on China-Africa Cooperation Conference that will take place in Dakar, Senegal at the end of the month, CAP is soliciting a broad swathe of experts to share their views on what outcomes they would like to see from the event, and ...
Congolese Superstar Cédric Bakambu May Say Adios to the Chinese Super League Now That Barcelona is Calling
Congolese forward and Chinese Super League Cédrioc Bakambu may be on his way back to Spain in 2022 when his contract expires with Beijing Guoan in December. There are widespread reports that the CSL's top scorer last year is once again being considered for a ...
Q&A: What Role Did Domestic Politics Play in the Development of the Chinese-Built SGR in Kenya?
Beginning next May, Kenya's Standard Gauge Railway will be "fully owned and run by Kenyans" declared Treasury Cabinet Secretary Ukur Yatani at a graduation ceremony last week for 2,057 students from the country's Railway Training Institute. Until now, much ...