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Can Shenzhen’s Special Economic Zone Miracle Offer Insights to Africa’s Economic Recovery?

The COVID-19 pandemic has affected every country and its citizens, though it has not impacted them equally, particularly those in the African continent. Makhtar Sop Diop, a Senegalese economist, and politician who has been serving as the Managing Director of the International Finance Corporation since 2021 wrote ...

Chinese Motorcycle Factory Opens in Angola

A new Chinese motorcycle factory has kicked off in Angola, one of several new automotive ventures in African countries. The Chinese state-owned heave vehicle company Sinotruk announced a new $20 million assembly line in Tanzania, while China's First Automotive Works (FAW) has also started producing trucks in ...

Sinotruck to Open New Assembly Plant in Tanzania

Chinese state-owned heavy vehicle manufacturer Sinotruck announced this week that it plans an assembly plant in Tanzania. Sinotruck’s investment in the plant comes to $20 million and will create 500 jobs. One additional benefit from the new plant, and others ...

The Tsingshan Nickel Crisis Couldn’t Have Come at Worse Time for Zimbabwe

News that Chinese steel and mining giant Tsingshan Holdings Group now faces a staggering $8 billion trading loss over short sales of nickel is no doubt prompting considerable anxiety among policymakers in Zimbabwe. Just this week, Tsingshan's local subsidiary in Zimbabwe, ...

South Africa’s Limpopo Province Approves $10 Billion Chinese-Finance Coal Project… But There’s Just One Very Small Problem

South Africa's Limpopo Province gave the go-ahead last week for a $10 billion industrial project that includes a 4,600-megawatt coal power plant, a coking facility, and a steel plant. The approval is critical for the development of the controversial Musina-Makhado Special Economic Zone. ...

Analysis from Cobus van Staden

Climate Sweet, Climate Bitter

Last week it was Pakistan, this week South Florida. The climate collapse is like a monstrous four-dimensional version of whack-a-mole. You never know where – or how – it will hit. But the hits keep coming.

With the damaged Nord Stream pipeline (and the Global North’s unmitigated hydrocarbon dependence it represents) bubbling away in the Baltic Sea, U.S. climate czar John Kerry’s high-handed comments to the African Ministerial Conference on the Environment earlier this month ...

New Research Aims to Debunk Misperceptions About Chinese Investment in Ethiopia

One of the common misperceptions about Chinese investment in Africa is there's no difference between state-owned and private companies. In many instances, they're referred to simply as "Chinese" companies without understanding that there are actually substantial differences among the various corporate actors that are now active in ...

Congo-born Chinese Siblings Raise $7.5 Million to Build Crypto-Powered Super App of Africa

The Congo-based cryptocurrency & blockchain (aka web3) start-up raised $7.5 million in seed funding. The company was founded by James Zhang and his sister, also born in the Congo, who saw the opportunity for blockchain-enabled applications in the gaming and education sectors that are becoming increasingly popular ...

Ethiopia’s Ambassador to China Stops by the China Africa Development Fund HQ in Beijing

Chinese infrastructure financing in Africa may be down sharply compared to a few years ago, but it hasn't stopped altogether. That might explain why Ethiopia's envoy to China, Teshome Toga, paid a visit to the offices of the China Africa Development Fund (CADF) to discuss infrastructure investment ...

Another African EV Start-Up Using Chinese Technology Gets Seed Funding

Kenya-based EV start-up BasiGo closed a $4.3 million seed funding round to assemble and sell electric-powered buses. The company plans to supply more than 1,000 mass transit electric buses to operators throughout Kenya over the next five years. Those buses, incidentally, will all be supplied ...

Building the Infrastructure African Residents Deserve

Over a recent holiday season, I made a trip to the western region of Sichuan province in China. It is at the eastern edge of the Tibetan Plateau and the Hengduan Mountains, with a ground elevation of 4,000-4,500 meters, slightly above Kilimanjaro’s Shira Mountains (3800 meters). That ...
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