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China’s Decision to Join COVAX Hints at a Multilateral Approach to Its Budding Vaccine Diplomacy Agenda

Friday's surprise announcement that China would join more than 150 other countries in the COVID-19 Vaccines Global Access Facility, or Covax, marked a sharp pivot in Beijing's budding vaccine diplomacy strategy. Until last week, Chinese officials had resisted joining the WHO-backed vaccine alliance, hinting ...

IMF Chief: Africa Faces Projected Financing Gap of $345 Billion Through 2023

IMF Managing Director Kristalina Georgieva implored the international community to "do more to support Africa" to help recover from the worsening economic crisis on the continent brought on by the COVID-19 pandemic.  She said lenders and international NGOs have so far only ...

Kenya Advised to Restructure Current Debts, Reduce Commercial Borrowing if It Wants to Avoid Default

The Washington, D.C.-based multinational NGO International Budget Partnership (IBP - it was formerly known as the Center on Budget and Policy Priorities) recently warned Kenya's National Treasury to take drastic measures in order to avoid the bottom falling out of the economy due to the ...

Q&A: U.S. Ambassador to Kenya Rejects Assertion That Washington is “Playing Catch-up” With Beijing

Washington's outspoken envoy to Nairobi, Kyle McCarter, denied that the U.S. is trying to use a free trade agreement that's currently being negotiated by the two governments as evidence that the Trump administration is trying to "catch up" with the Chinese in Africa. 

China’s Top Diplomat for Sub-Saharan Africa is Now on Twitter

Wu Peng is the latest senior Chinese diplomat to get a Twitter account. Beijing's top diplomat for sub-Saharan Africa is a late-comer to the "Twitplomacy" era that gathered steam last fall when dozens of Chinese diplomats, embassies, and state-owned enterprises started to use ...

African Debt: At Some Point, the Hole Becomes Just Too Big to Fill

The rapidly deteriorating financial crisis in Lebanon provides a grim preview to other developing countries of what happens when the bottom falls out of an economy. After the government defaulted on its debt last spring, conditions spiraled downwards to the point where 

Chinese UN Peacekeeping in Africa

Last month, China released its first-ever white paper on its participation in United Nations Peacekeeping Operations (PKOs) around the world. The lengthy document provided an overview of China's 30-year history in contributing to PKOs and featured some new insights on ...

New Report Sheds Light on How China Will Handle Its Loans to Poor Countries

The New York-based research firm Rhodium Group released a new report today that draws on an expanded data set of Chinese debt renegotiations with developing countries. The new report, "Seeking Relief: China’s Overseas Debt After COVID-19," provides insights into how China may be handling current ...

In a Mostly Symbolic Move, China Relieves Botswana of Its Interest-Free Debt

Chinese ambassador to Botswana, Zhao Yanbo, announced yesterday on Twitter that he had signed an agreement with Botswana's finance minister, Thapelo Matsheka, to exempt a portion of the southern African country's debts so it could allocate more resources to mitigate the spread of COVID-19. ...

“Public Investment is a Thing of the Past,” Says the EIU’s Chief Africa Economist

While a growing number of African countries are furiously renegotiating their debts with various creditors, one question that keeps emerging is whether China will eventually resume lending these countries large amounts of money to build future infrastructure. The specific questions is ...

From Aid to Defense to Diplomacy, U.S. Engagement in Africa is Continually Framed Around China

The U.S. State Department appears determined to ensure that everyone knows its foreign assistance programs are very different from China's. Even though the State Department didn't mention the Chinese by name in either their tweet or the accompanying article, the multiple references to "some ...

218 Chinese Blue Helmets Begin New Deployment in the DR Congo

The Chinese embassy in Kinshasa announced that a contingent of UN-commanded 218 PLA soldiers, who arrived in the country on September 30th, is now operational. The embassy noted that this is the Chinese military's 24th deployment to the DRC since 2003.
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