How Much Does Kenya Owe China to Build and Operate the Various SGR Lines?

It's not clear at this time if the decision to expedite the handover of some SGR responsibilities from Afristar to Kenya Railways is part of the ongoing debt restructuring talks that are purportedly underway between China and Kenya.  Until now, there's ...

CARI: Chinese Lenders Have Provided $7.6 Billion in Debt Relief Since Last Year, Mostly to Africa

Angola is the primary beneficiary of Chinese debt restructuring activities over the past year, accounting for $6.2 billion out of $7.6 billion of total relief provided by Beijing to developing countries in 2020-2021, according to official data compiled by the China-Africa Research Initiative at ...

China Takes a Lot More Risks in Loans to African Countries Than Other International Creditors

New research finds that China has a much higher risk tolerance in its overseas lending practices, particularly to African countries, compared to other major creditors from the U.S., Europe, and Japan. "There is a negative relationship between credit risk and Chinese development finance—a disproportionate share of Chinese ...

The Economist Intelligence Unit Mapped Out Chinese Trade and Investment in Africa

The London-based Forecast Director for the Economist Intelligence Unit, Agathe Demarai, has been posting quite a bit lately on China-Africa issues, albeit with varying degrees of accuracy (her assertion that Africa as a continent had a Chinese debt problem is not correct, for example) ...

Kenya’s Delicate Balancing Act Between the U.S. and China

Kenya has done far better than many countries in fostering robust ties with both the United States and China, particularly in economic relations. Just last week, President Uhuru Kenyatta spoke by phone with his American counterpart Joe Biden and ...

3 Tips for African Negotiators Doing Deals with China

Two of the world's leading experts in China-Africa negotiations, Hervé Lado, Guinea country manager at the Natural Resource Governance Institute (NRGI) and Folashadé Soulé, a senior research associate at the University of Oxford, led a workshop last October in Cotonou, Benin with 15 negotiators from West and Central ...

From Ideology to Economics: The Evolution of China-Zambia Ties

China's relations with Zambia date back to the Mao era in the 1960s and in many ways serve as the foundation of Beijing's broader engagement on the continent today. Dr. Emmanuel Matambo of the Africa-China Studies Centre at the University of ...

Rich Countries Give IMF the Green Light to Boost Funding Through New Special Drawing Rights

The IMF moved one step closer on Tuesday to providing developing countries with a badly-needed cash infusion after the fund was granted approval by wealthy G20 nations to proceed with the issuance of new so-called Special Drawing Rights (SDRs). 

Why the IMF’s Special Drawing Rights May Not Actually Be That Special

While a number of African finance ministers will no doubt be thrilled to hear the news that the IMF is finally making progress with the issuance of new Special Drawing Rights, two leading Africa scholars contend they may want to keep their expectations in check.

Researchers Want Official Washington to Know That China’s Actually Doing Quite a Bit to Relieve the Debt Problem in Africa

While U.S. policymakers are trying to come up with a new, more effective approach to challenge China's engagement in Africa, a trio of scholars at the Washington, D.C.-based China-Africa Research Initiative at Johns Hopkins University want to make it clear that Beijing is actually doing far more ...

Brautigam: Influence and Investment, Not Asset Seizures Are the Primary Drivers of Chinese Lending in Africa

China-Africa Research Initiative Director Professor Deborah Brautigam spoke recently with acclaimed Harvard researcher William Overholt in what was a fascinating discussion about the complexities surrounding the Chinese debt issue in Africa. Professor Brautigam laid out some of the findings ...

New Railway in Nigeria to Push Up the Country’s Debts to China

Although Chinese loans account for just 11.28% of Nigeria's external debt stock, a senior advisor to President Buhari warned this weekend that figure is likely to go up if/when the China Exim Bank approves the $5.3 billion loan to build the Ibadan-Kano portion of a ...
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