Category: Investment
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 ...
We Focus a Lot of Attention on African Countries Involved in China’s BRI, But What About Those Who Aren’t?
40 out of 55 African countries are members of China's Belt and Road Initiative (BRI) club, affording some of them preferential access to Chinese credit lines and infrastructure development spending. And for the most part, these forty countries tend to dominate the discussion about Africa's connection with ...
Chinese Company Bids to Buy One of East Africa’s Largest Cement Companies
Chinese building materials manufacturer Huaxin Cement Company is bidding to buy ARM Cement’s Tanzania subsidiary, Maweni Limestone Ltd., for $116 million, according to a report in Construction Kenya. The deal, still subject to regulatory approval, highlights a key trend ...
Russia and China Are Motivated by Totally Different Incentives in Africa
Russia is stepping up its engagement in Africa with a new focus on trade. Although Russia does considerably less trade with Africa than China, less than a tenth the volume, in fact, it nonetheless remains an important actor on the continent. Although Russia and China are often ...
Insecurity and Bribe Demands Plague Chinese Businesses in Angola
Amid one of the most serious economic crises of its history, Angola’s government is looking at every major economy for investors. Being Angola’s major creditor for over a decade, China is, naturally, one of the main targets. But Chinese investment is being plagued locally, not only by ...