Category: Investment
France Used to Be the Big Player in Senegal. No More. It’s the Chinese.
It wasn't that long ago when France was by far the dominant foreign actor in West Africa. "Francafrique's" once ubiquitous power allowed it to dominate virtually all aspects of political and economic life in its former colonies.
Rwanda Partners with DP World, Alibaba and Zhejiang Province to Open New $35 Million Dry Port
Rwandan President Paul Kagame and Dubai Ports World Chairman Sultan Ahmed bin Sulayem officially inaugurated the Kigali Logistics Platform, Rwanda's largest inland cargo handling facility. The new dry port also hosts a 2,500-square meter bonded warehouse as part of the Rwanda Digital ...
How African Countries Can Benefit From the U.S.-China Trade War
It's conventional wisdom that the worse the U.S.-China trade war becomes, the worse it will be for African countries who are effectively caught in the middle. But that may be the case, writes Botswana Trade Minister Bogolo Kenewendo in a new article published on ...
Is Africa’s Increasing Attractiveness a Signal of Guaranteed Success?
By Timothy Karikari in Beijing and Julie Frimpong-Ansah in Accra A month ago, more than twenty African leaders including the continent’s largest economies Nigeria and South Africa were guests of Japanese Prime Minister Shinzo Abe for the 7th Tokyo International Conference ...
2019 Oxford Economics Africa Risk-Reward Index
Oxford Economics' annual African investment risk assessment report is a useful companion with the EY Attractiveness report to evaluate foreign investment trends in Africa, albeit not specifically focused on China. Three Recommendations From This Year's Risk-Reward Index:
While the U.S. and Japan Talk About Private Sector Engagement in Africa, Chinese Companies are Already Doing Multibillion-Dollar IPOs Based on African-based Businesses
Boston Consulting Group senior partner Grant Freeland issued a plea to American businesses to take Africa more seriously and to get in the game or risk "ceding the market to China." He didn't shy away about the reality that U.S. business leaders are way behind ...
The Blurry Lines Between Chinese Aid and Investment in Africa
For most countries, aid and investment are two entirely different things. Not with the Chinese, though, where until recently the country's aid programs were actually managed through the Ministry of Commerce. Because the Chinese have ...
World Bank: China Sinks Further Into Debt While Investors Seem to Love Buying African Sovereign Bonds
On average, the external debt burden of low and middle-income countries remains moderate. The ratio of external debt to GNI averaged 26 percent at the end of 2018, unchanged from the prior year average, and the ratio of external debt-to-export earnings improved slightly.
Aubrey Hruby: Africa Already is a Battleground in the U.S.-China Trade War
Atlantic Council Africa Center senior fellow Aubrey Hruby explained in a recent interview at the Concordia Summit in New York that Africa is a new front in the ongoing U.S.-China trade war but nonetheless remains optimistic that some African countries are well-positioned to benefit from the ongoing ...
Export, Employment, or Productivity? Chinese Investments in Ethiopia’s Leather and Leather Product Sectors
In a new working paper published on the China-Africa Research Initiative at Johns Hopkins University, prominent China-Africa professor Tang Xiaoyang from Tsinghua University in Beijing highlights the role of Chinese investments into the Ethiopian leather sector and offers key insights into the main ...