Day: February 9, 2024
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China Proposes Billion-Dollar Revamp of the Legendary Tazara Railway
The competition between the United States and China to refurbish some of Africa's decrepit railways intensified this week when the Chinese government presented a billion-dollar proposal to rebuild the Tazara railway linking Zambia's copperbelt to the Tanzanian port of Dar es Salaam. ...
Why the Africa-China Relationship Poses a Climate Challenge to Europe
Thinking about Africa in the context of the climate crisis makes for some cognitive dissonance. On the one hand, the continent’s massive potential for renewable energy, its stocks of critical minerals, and its storehouses of oil, gas, and coal make it a huge “ka-ching” in continental form. ...
Africa’s Debt Dilemma: The Urgent Need for More Equitable Borrowing
For the first time in years, a few African countries are venturing back into the bond market to raise funds for infrastructure and to pay down their debts. However, borrowing more from private creditors is a risky move given the difficulties ...
WEEK IN REVIEW: Iran, Russia and China Will Conduct Joint Naval Exercises in March
Iran, Russia and China will conduct joint naval exercises in March, according to Iran's Navy Commander Rear Admiral Shahram Irani. Details on the specific location of the war games and what other countries have been invited were not announced. The three countries conducted similar drills last year at ...