Day: April 26, 2022

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Chinese Lending in Africa Slumps Lowest Point in 16 Years

Chinese lending to Africa has fallen sharply, but China isn’t retreating from the continent. Rather, new data from Boston University’s Global Development Policy Center show how a complex mix of global and local factors impacted the Africa-China relationship. These include the U.S.-China trade ...

Chinese Trade With Africa Surged in First Quarter But Expected to Slow Dramatically

Chinese trade with Africa rocketed up 24.5% in the first three months of 2022 compared to the same time last year, according to the new data released by China's customs authorities. At a continental level, trade levels were characteristically balanced with Chinese ...

Chinese Cobalt Stakeholders Weigh In on Durban Chaos

The impact of the floods that disrupted operations at South Africa’s Durban harbor is being felt throughout the cobalt supply chain. The Swiss cobalt miner Glencore reacted by declaring force majeure, but so far little has been heard from the Chinese companies that dominate both cobalt mining in ...

$1.9 Billion in 11 New Chinese Loans to Africa in 2020

By Jyhjong Hwang and Oyintarelado Moses The 2022 update to the Chinese Loans to Africa (CLA) Database, managed by the Boston University Global Development Policy (GDP) Center, recorded 11 new loan commitments worth $1.9 billion from Chinese lenders to African government ...

The Port of Mombasa Was Never at Risk of Being Seized by China

A 2018 leaked report from Kenya's Auditor General sparked a years-long frenzy over whether the Port of Mombasa was put up as collateral against the loans from the China Exim Bank for the Standard Gauge Railway and could be seized in ...

Analysis from Cobus van Staden

China-Led Study Proposes Global Energy Network

A globally connected network of solar and wind energy could provide three times the global energy demand by 2050 at a lower cost than independent national power systems. This is the finding of a study led by the Chinese Academy of Sciences in collaboration with researchers from the United States and Denmark.

The study focused on how areas with high solar and wind capacity (such as deserts) can be linked to ...

A Chinese Perspective on a Fellow Chinese-National Being Sentenced to 20 Years in Jail For Whipping Local Employee

This week’s sentencing of a Chinese mine owner in Rwanda to twenty years in prison for whipping an employee drew a sharp reaction from African netizens. However, beyond a pro forma statement from the Chinese embassy in Kigali, Chinese reactions have been much rarer. However, an ...