Day: July 13, 2022
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With China on the Minds of Many in DC, U.S.-Africa Summit Gets Underway
Under mounting pressure to rival China's engagement in Africa, the White House wants to make it very clear that the U.S.-Africa Leaders Summit that begins on Tuesday will be very different than what it's done in the past. Traditionally, the U.S. has ...
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China’s Party-run Media, Scholars Dismiss U.S.-Africa Leaders Summit
While U.S. officials have sought to downplay competition with China in Africa ahead of this week's leaders summit in Washington, D.C., Chinese scholars and Communist Party-run media, on the other hand, are eager to draw comparisons between how the two powers engage with the continent.
China Was a Key Theme at High Profile Africa Conference in Washington
China may not be a prominent topic of discussion at this week's U.S.-Africa summit but it was on Monday at a high-profile conference that featured a number of senior U.S. and Chinese officials. The event was organized by the seven-week-old media ...
“China-Africa Relations Are the Bedrock of China’s Foreign Policy,” Says Beijing Envoy
China's ambassador to the United States, Qin Gang, was among the keynote speakers at Monday's Semafor Africa Summit in Washington, D.C. Although Qin has never been posted to Africa and doesn't have any firsthand experience with the issues, according to his official ...
U.S. Playing “Catch Up” to China in Africa, Says Senior Commerce Department Official
U.S. Deputy Commerce Secretary Don Graves said the quiet part out loud on Monday at the Semafor Africa Summit in Washington, D.C., when he acknowledged that American stakeholders had fallen far behind China in terms of economic engagement in Africa. Graves, ...
An aerial view of iron ore stockpiles at the SimFer mining complex in the Simandou mountain range in the Nzerekore region, on September 2, 2025. The Guinean iron ore project tests China’s ‘transition finance’ credibility. Photo / PATRICK MEINHARDT / AFP
By Deng Yaowen In January 2024, China Baowu Steel Group issued the first tranche of a bond that raised CNY 10 billion ($1.45 billion) on the Shanghai Stock Exchange. Media reports described it as one of the largest corporate ...
First Zambia, Now Ethiopia: African Debt Restructuring Gains Momentum
The Franco-Chinese-led Creditors Committee overseeing debt restructuring for three African countries under the auspices of the G20's Common Framework will meet on Monday for the first time to discuss the situation in Ethiopia. The same committee has been meeting in Paris for ...
Chinese-Invested Portuguese Company Wins Crucial Logistics Concession in Angola
Portuguese construction major Mota-Engil outbid three Chinese state-owned companies, CITIC, Sinotrans, and CR20, to win a 30-year concession to operate the strategically important Lobito Corridor that connects the copper/cobalt belt in the southern DRC and northern Zambia with the port of Lobito in Angola. But ...
Will China Finally Accept Kenyan Avocadoes? Maybe!
Chinese agricultural inspectors have concluded an audit of Kenyan avocado crops and warehouses, raising hopes that exports to China can finally begin. The audit is only the latest hurdle facing farmers hoping to access the Chinese market. Earlier, they were temporarily ...
Iran to Become Shanghai Cooperation Organization Member by 2023
Iran will become a full member of the Shanghai Cooperation Organization in April 2023, according to the Chinese state newspaper Global Times. Iran has lobbied to join the Eurasia-spanning group for more than a decade, and its acceptance is sure to further boost ...
For Some Weird Reason, CGTN Doesn’t Want to Say Huawei by Name in a Report About the Company in Kenya
For some reason, the Chinese state broadcaster CGTN went out of its way to avoid naming Huawei by name in a recent report about the company's role as the primary technology service provider for Safaricom's popular mobile payment service M-Pesa. This is odd, ...