Category: Economy

The pressure on Ethiopian Prime Minister Abiy Ahmed intensified considerably over the past 24 hours following reports that rebel forces from the northern Tigray region are gaining ground and even apparently considering marching towards the capital Addis Ababa. In response, the PM declared a state of emergency ...

Ugandan President Yoweri Museveni called on China to further expand duty-free access to its vast market for African products. In a wide-ranging interview with Bloomberg News, the president acknowledged that China does already provide some tax-free privileges to African products, but now he'd like ...

For much of the past 20 years, China has been the indispensable actor in African infrastructure development, financing the construction of thousands of kilometers of new railways and roads along with ports, airports, and power stations. But has it been enough ...

Two of China's leading authorities on Sino-African relations appeared in a nationally-broadcast hour-long show to discuss the current state of Chinese engagement in Africa and to answer questions from a studio audience. The Chinese Foreign Ministry's top diplomat for sub-Saharan Africa, Wu Peng, and Fudan University Professor ...

Leaders from the world's wealthiest countries meeting in Rome over the weekend covered a lot of ground on everything from finalizing an agreement on a global minimum corporate tax to new climate-related commitments. But for a ...

Uganda's Finance Minister Matia Kasaija apologized to parliament last week for the mishandling of the $207 million loan from the China Exim Bank to expand Entebbe International Airport. "I apologize that we shouldn't have accepted some of the clauses," 

China's ambassador to Kenya, Zhou Pingjian, met on Friday with leaders from the Kenya Port Authority (KPA) to discuss further integration of the Port of Mombasa with the Belt and Road, specifically linking the port to the Gwadar Port in Pakistan that is at the center of ...

This week Eric & Cobus discuss the Chinese response to the military coup in Sudan and how it differs from Beijing's reaction to September's coup in Guinea. Plus, Cobus explains why he's not optimistic about the outcomes for developing countries from ...

Three robbery-hijackings in a week have put South Africa's Chinese community on edge. The latest incident occurred last week in the Humewood area of Port Elizabeth where like the previous two incidents an ethnic Chinese driver was forced off the road and robbed at gunpoint. The assailants also ...

Debt relief for the world's poorest countries will once again be a topic of discussion at yet another high-profile G20 gathering this weekend in Rome. Yet, there's good reason to doubt that little more will come out of this meeting than any of the ...

AidData's landmark research report published last month, "Banking on the Belt and Road," generated tremendous media coverage around the world, particularly related to the report's finding that $385 billion in so-called "hidden debts" are owed to China. ...

The Kenyan government is making preparations to float its largest-ever bond offering, a record $1.3 billion (Sh150 billion) issuance. It will be used to settle debts with contractors, possibly including some Chinese companies, and to fund road projects that are currently in development.