Category: Economy

While China has dramatically curtailed its bilateral development financing in Africa and other regions around the world, Beijing is increasing its engagement in multilateral and regional development banks around the world, including the African Development Bank among others. ...

The Chinese Foreign Ministry issued a travel warning on Monday for its citizens in both Nigeria and the DR Congo and called on its nationals in high-risk areas in both countries to evacuate immediately. Spokesman Zhao Lijian specifically called on Chinese nationals in the eastern DRC provinces of ...

It is beyond doubt that two-way trade will feature heavily in next week’s FOCAC ministerial meeting in Dakar, Senegal as China has already announced plans to further open its market for more African products. While this is a welcome move that will go a long way in ...

Every day leading up to the Forum on China-Africa Cooperation conference on November 29th and 30th, CAP will feature perspectives from journalists, academics, activists, and business leaders about what they hope will emerge from the FOCAC event in Dakar. If you ...

Hi Eric and Cobus, I’m writing to follow up on a statement about Chinese debt relief you made in a recent column: …the fact is that China has canceled some zero-interest loans that only ...

While Kenya struggles to repay billions of dollars of loans to the China Exim Bank used to build the Standard Gauge Railway (SGR), the government is getting a badly-needed boost from higher cargo and passenger volumes. Kenya Railways this week reported ...

Trade issues are widely expected to top the agenda at next week's Forum on China-Africa Cooperation ministerial conference in Dakar. African countries will be looking for China to further widen its market to agricultural and processed raw materials and China is ...

Members of the Kenya Ceramics Tiles, Wood Ply, and Interiors Designers Workers Union have gone on strike to protest working conditions at construction sites run by the China State Construction Engineering Cooperation (CSCEC). The union submitted a list of 11 grievances (photo) against the company that ...

Every day leading up to the Forum on China-Africa Cooperation conference on November 29th and 30th, CAP will feature perspectives from journalists, academics, activists, and business leaders about what they hope will emerge from the FOCAC event in Dakar. If you ...

While U.S. Secretary of State Antony Blinken was visiting Kenya last week, a low-key B2B trade show was taking place nearby in Nairobi's Sarit Exposition Centre. It would probably have been worthwhile for the Secretary and his entourage to check it out.

Two-way China-Africa trade reached $185.2 billion in the first nine months of the year, according to new data provided by Chinese Vice Commerce Minister Qian Keming. At this pace, the two regions will easily surpass last year's total of $187 billion. Chinese investment in Africa during the same period increased ...

This year's Forum on China-Africa Cooperation (FOCAC) conference will take place amid considerable uncertainty in the global economy and profound economic changes underway in China. As such, it's widely expected that the outputs from the upcoming forum will be very different ...