Chinese Firm Dismisses Tanzania’s Claims on Stalled $10 Billion Port as “Not True”

China’s largest port operator accused the Tanzanian government of spreading “false information” and misguiding the public about the cause of stalled negotiations over the $10 billion Bagamoyo port development it is backing in the country. China Merchants Holdings International (CMHI) has ...

China Creates $5 Billion Export Fund with Bank in Morocco

China's Exim Bank announced plans to team up with Morocco's Attijariwafa Bank to create a $5 billion fund to promote African exports to China and to establish new industrial zones on the continent, according to a report published by Reuters. The ...

Increasingly Shut Out of the U.S., China’s Venture Capital Firms Look Further Afield in Africa For New Investment Opportunities

Amid worsening U.S.-China relations, Chinese venture capital investments in the United States have fallen to a four-year low and with their own economy slowing, investors are keen to put that money to work somewhere and some of it is now finding its way to ...

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 ...
Page 13 of 16112131416