Category: Finance

New research finds that China has a much higher risk tolerance in its overseas lending practices, particularly to African countries, compared to other major creditors from the U.S., Europe, and Japan. "There is a negative relationship between credit risk and Chinese development finance—a disproportionate share of Chinese ...

Two of the world's leading experts in China-Africa negotiations, Hervé Lado, Guinea country manager at the Natural Resource Governance Institute (NRGI) and Folashadé Soulé, a senior research associate at the University of Oxford, led a workshop last October in Cotonou, Benin with 15 negotiators from West and Central ...

The IMF moved one step closer on Tuesday to providing developing countries with a badly-needed cash infusion after the fund was granted approval by wealthy G20 nations to proceed with the issuance of new so-called Special Drawing Rights (SDRs). 

While a number of African finance ministers will no doubt be thrilled to hear the news that the IMF is finally making progress with the issuance of new Special Drawing Rights, two leading Africa scholars contend they may want to keep their expectations in check.

While U.S. policymakers are trying to come up with a new, more effective approach to challenge China's engagement in Africa, a trio of scholars at the Washington, D.C.-based China-Africa Research Initiative at Johns Hopkins University want to make it clear that Beijing is actually doing far more ...

IMF Managing Director Kristalina Georgieva echoed the growing optimism in some parts of Washington about the possibility of issuing new so-called Special Drawing Rights -- effectively a cash injection by the IMF to all of its members which would provide some badly-needed liquidity for the world's poorest countries.

Chinese debt relief talks are underway in a number of African countries including Angola, Zambia, Kenya, and Ethiopia among others but you wouldn't really know it. Officials on all sides aren't saying much and there's relatively little press coverage on the ...

Chinese Foreign Ministry spokesman Wang Wenbin said China is not to blame for the burgeoning financial problems in Africa. " Not a single African country had debt difficulties due to its cooperation with China," he said in response to a question from Hunan Radio and ...

Beginning in July, Kenya's debt repayment will cross the psychologically important barrier of 1 trillion shillings ($9.15 billion), according to the National Treasury, prompting renewed concerns over the country's ability to sustain a debt portfolio that has doubled in size since 2017.

The Nigerian Debt Management Office on Monday revealed that it has $5.8 billion of borrowed money on its books that it hasn't disbursed. This prompted new worries among some financial analysts that the actual debt-to-GDP ratio has surpassed 100%, meaning that the country has taken on so ...

There's new evidence of the dramatic plunge in Chinese overseas development finance. Researchers in the United States found that for the first time in more than a decade, China's two largest policy banks, the China Development Bank and the China Exim Bank, did not ...

Chad, Zambia, and Ethiopia are among a growing number of African countries seeking debt relief under the G20's common framework (CF) and while that might provide some temporary relief, one of the world's largest credit ratings agencies warned on Tuesday that it's going to come at a ...