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Misadventures in the Skin Trade

This week I spent a few days in Cape Town, in time for a minor, if telling, crisis in international agricultural trade. A ship crammed with 19,000 (mostly still living) cows was stuck in Cape Town harbor, en route from Brazil to the Middle East.

Analysis from Cobus van Staden

Misadventures in the Skin Trade

This week I spent a few days in Cape Town, in time for a minor, if telling, crisis in international agricultural trade. A ship crammed with 19,000 (mostly still living) cows was stuck in Cape Town harbor, en route from Brazil to the Middle East.
As South African animal welfare authorities scrambled to inspect the horrors on board, the city was enveloped in a powerful farmyard funk. The entire episode can ...

WEEK IN REVIEW: Sino-Australian Joint Venture to Develop Africa’s Largest Mine in Guinea Edges Closer

The Sino-Australian joint venture to develop Africa's largest mine in Guinea edged closer to reality on Wednesday when Rio Tinto's board approved $6.2 billion for the project. Next, a consortium of Chinese partners must get their boards to do the same to build the mine, rail, and port ...

Ghana Installs 1,010 Rural Telephony Sites as Part of China-Backed Project

The Ghanaian government is at the halfway point to build out 2,016 telephony sites that will deliver new voice and data services to millions of rural residents. Communications Minister Ursula Owusu-Ekuful said 618 of the new towers are fully operational, with the remaining ...

Kenya’s Public Debt Shot Up Last Year, But Not Because of China

Kenya's total public debt surged by more than $13 billion last year to a record $77 billion, largely due to a massive fall in the value of the shilling. The shilling shed 27% of its value against the dollar in 2023, ...

Wang Yi Met With Argentina’s Foreign Minister in Yet Another Sign Ties Are Begining to Stabilize in the Milei Era

The foreign ministers from China and Argentina met briefly on Saturday on the sidelines of the Munich Security Conference for what seemed like a very ordinary bilateral gathering. Other than a pro forma read-out on Xinhua, neither the Chinese nor ...

WEEK IN REVIEW: Australia to Call on China to Remove Remaining Economic Sanctions on Imported Australian Products

Australia's Trade Minister Don Farrell said he would call on his Chinese counterpart Wang Wentao to remove all remaining economic sanctions on imported Australian products when they meet later this month.  Beijing imposed tariffs on Australian goods in 2020 after Canberra called for an investigation into the origins ...

India Will be “Significantly Ahead” of China in Key Technologies, Says IT Minister

With Apple and other global technology companies moving some of their production out of China to other countries in Asia, there's a growing interest in whether a country like India, for example, is well positioned to rival China's dominance in tech manufacturing one day. ...

The BRI Is Back on in Nepal With Funding for Hydropower Plant

Approval of a loan to support a Chinese hydropower project could signify a breakthrough in the so far stillborn development of the BRI in Nepal. A provincial Chinese energy SOE, Sichuan Chuantou Energy, secured a $182.50 million loan from the Export-Import ...

Chinese Demand for Kenyan Avocados Surged in 2023

Kenyan avocado exports to China jumped tenfold last year from 443 tons to 4,324 tons. But even with this booming demand from China, the European Union remains Kenya's largest export market for avocados. (BUSINESS DAILY)

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. ...

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 ...
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