Category: Finance

The day-long Summit on the Financing of African Economies wrapped up in Paris on Tuesday and left a lot of people scratching their heads wondering what exactly was the purpose of the gathering. Unlike Monday's event that focused on Sudanese debt ...

Ralph Mupita, head of the largest pan-African telecom group MTN, wants his South Africa-based telco to draw inspiration and attract more investment from China.  On the investment side, Mupita recently partnered with the Chinese state-back Silk Road Fund that funnels ...

DR Congo President Félix Tshisekedi apparently wants to renegotiate some of the contracts that his predecessor, Joseph Kabila, signed with the Chinese, according to a report by Africa Intelligence.  Argentina too, like the DRC, tried to ...

Zambia's presidential election campaign is now shifting into high gear following last weekend's nomination of President Edgar Lungu as the ruling Patriotic Front's candidate. Meantime, the country's main opposition leader, the United Party for National Development's Hakainde Hichilema (photo), indicated that he's ...

The NGO collective Forests and Finance released a new study today showing that investments by Chinese banks make it the world’s second-largest funder of projects linked to tropical deforestation.   Analyzing data from financial databases and company publications, the study found that between 2016 and 2020, Chinese ...

Nigeria's Debt Management Office (DMO) announced late last week that the country's external debts will increase to $83 billion due to $2.5 billion of new loans provided by the World Bank and the Export-Import Bank of Brazil to help mitigate the effects of the ongoing ...

The National Development and Reform Commission (NRDC), China's top economic planning agency, published a new report on Tuesday, according to the South China Morning Post newspaper, that detailed some of the key challenges confronting Beijing's new 5-year plan, with a particular focus on infrastructure development ...

The G20 is providing developing countries with yet more breathing room to repay their debts. G20 finance ministers and central bank chiefs met yesterday and announced that it would extend the Debt Service Suspension Initiative by another six months from June through December.

A new report provides an unprecedented view into Chinese loan contracts with dozens of governments throughout the Global South. Researchers from AidData, the Kiel Institute, and the Center for Global Development analyzed 100 contracts between Chinese state-owned entities and government borrowers in 24 countries and then compared ...

Acclaimed China economist, Peking University professor, and Carnegie Senior Fellow Michael Pettis posted a 7-part Twitter thread on Tuesday where he reflected on the new data published by the China-Africa Research Initiative at Johns Hopkins University that shows a dramatic cutback in Chinese ...

Today we feature a fascinating discussion with Deborah Brautigam and Kevin Gallagher, two of the world’s foremost experts on Chinese lending to the Global South. The conversation provides a glimpse of an emerging landscape: how Chinese influence will shift, and how those shifts will impact the Global ...

China is steadily pulling back the reins on its lending practices in Africa, according to a new report published on Monday by the China-Africa Research Initiative (CARI) at Johns Hopkins University. Researchers Deborah Brautigam and Kevin Acker found that Chinese loans to African public ...