Category: Uncategorized
China Promotes Burundi to “All-Weather Friend”
One of the highlights of Foreign Minister Wang Yi's trip to Burundi was the announcement that Beijing had classified the government there as an "All-Weather Friend." While this may not be an official diplomatic designation, it's nonetheless an important status within the Chinese diplomatic lexicon.
Kenya’s Embattled SGR Suffers Major Setback as Burundi, DRC Opt for Tanzania Route to Port of Dar es Salaam
Kenyan President Uhuru Kenyatta's longheld dream of extending his $4.9 billion Chinese-financed Standard Gauge Railway across East Africa suffered a major setback this week as both Burundi and the Democratic Republic of the Congo both opted to go with Tanzania's SGR for direct access to the port ...
Chinese, Russian Warships Arrive in Cape Town for Inaugural Joint Exercises with South Africa
Chinese, Russian and South African warships assembled in Cape Town on Monday for the start of Exercise Mosi, the first-ever joint naval exercises among these three countries. Yesterday and today the ships will be docked for public relations events and then on Thursday, they will head out ...
OPay and PalmPay: Two Chinese-Backed Investments Battle it Out in Africa’s Rapidly Growing Mobile Payment Market
Nairobi-based Malawian tech entrepreneur Wiza Jalakasi offers his take on the Opay vs. PalPay duel that is emerging. Follow Wiza on Twitter at @wizaj and find out more about his portfolio on his personal website at wiza.jalaka.si.
Chinese Firms in East Africa the Focus of Tax Evasion and Bribery Crackdown
While Chinese companies are feeling the pressure of anti-graft and tax evasion crackdowns at home, some are also facing similar campaigns abroad as African countries try to stamp out corrupt practices. KENYA: In a crackdown on corruption under President Uhuru ...