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What the New Port of Lekki in Nigeria Tells Us About the Future of Chinese Infrastructure Finance in Africa

China is no longer in the game of providing African countries with enormous loans to finance large-scale infrastructure projects. In fact, BRI financing last year for projects in Africa plunged more than 50% to just $7.5 billion.

Buhari Commissions Port of Lekki, One of China’s Most Consequential Infrastructure Projects in Africa

Nigerian President Muhammadu Buhari officially opened West Africa's largest port facility on Tuesday when he commissioned the new Lekki Deep Sea Port in Lagos State. The opening coincided with the docking of the first cargo vessel, the French-flagged CMA CGM Mozart, to ...

Loan Revelations Spark New Confusion Over Whether Kenya’s Port of Mombasa Can Be Seized by China

There is renewed anxiety in Kenya over whether the Port the Mombasa is at risk of being seized by Chinese creditors in the event that the government fails to repay the loan for the Standard Gauge Railway (SGR).

China Harbour Completes Construction of West Africa’s Largest Deep Water Port in Nigeria

The state-owned China Harbour Engineering Company completed construction of the $1.5 billion Lekki Deep Sea Port near Lagos and officially handed over the facility to its Nigerian partners. Lagos State Governor, Babajide Sanwo-Olu, said the new port will generate 200,000 jobs ...

Massive Supply Chain Disruptions Expected on Key China-Africa Trade Route Due to South African Labor Unrest

Key strategic resources exported via South African ports to China are expected to face severe disruptions in the coming days and weeks in response to the declaration of force majeure by SA's state-run logistics operator Transet in response to the escalating labor strife with its ...

Analysis from Cobus van Staden

Xi Bets on Global South in Moscow

Today is a public holiday in South Africa – Human Rights Day. There’s a certain irony in spending the day focusing on China’s President Xi Jinping’s visit to Vladimir Putin, knee-deep in a human rights disaster.
What one makes of the Ukraine crisis increasingly maps on where one lives. This is made clear by a remarkable new set of polling data recently published by the European Council on Foreign Relations ...

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. ...

Kenyan Parliament to Investigate Debunked SGR Rumors

A Kenyan parliamentary oversight committee wants to review the controversial contract for the Chinese-built Standard Gauge Railway. But rather than addressing the contract’s opacity, it will again focus on the rumor that it puts up Mombasa port as collateral - a rumor that has been debunked ...

DRC Cobalt Shipments to China Resume Via the Port of Durban

Cargo vessels loaded with Congolese cobalt are once again making their way to China now that port operations in Durban are beginning to recover. The port was shut for weeks after severe floods last month blocked the roads and railways that transport the ...

China’s Economic Slowdown Felt All the Way at the Port of Mombasa While Namibia’s Port Expands to Grab More DRC Cargo

?? Kenyan shipping officials say the lockdowns in China and the long delays for vessels to dock in Chinese ports are having a major impact on the volumes of cargo processed at the Ports of Mombasa and Dar es Salaam. (THE EAST AFRICAN)

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 ...
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