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China-Angola Meeting As Luanda Navigates Great Power Competition

Angola’s Foreign Minister Téte António met with his Chinese counterpart Wang Yi in Beijing on Wednesday. He also signed a bilateral investment protection measure with Commerce Minister Wang Wentao. China has sometimes struggled to get such formal investment protection guarantees from ...

A Chinese Perspective on the Proposed U.S.-Backed Lobito Corridor in Angola

Angolan President João Lourenço is scheduled to meet with his U.S. counterpart, Joe Biden, at the White House on Thursday, where the two are expected to discuss moving forward with the development of the Lobito Corridor. The U.S. and the European ...

Angolan President to Visit Washington This Week For Lobito Corridor Talks

Angola’s President João Lourenço will meet with U.S. President Joe Biden on Thursday during an official visit to Washington. According to a White House statement, they will focus on the next steps in a joint logistics corridor linking the Angolan port ...

EU’s Global Gateway Moves Forward on DRC-Angola Corridor in Bid to Counter China

The European Union and the United States will launch the early stages of a logistics corridor linking the Democratic Republic of Congo and Zambia to an export facility in Angola. This was one of the key announcements on the second day of ...

Chinese Lending to Africa Plunges to 20-Year Low

Chinese lending to African countries plunged to below a billion dollars in 2022, the lowest level in two decades, according to new data from the Global Development Policy Center at Boston University. The findings confirm that the era of Beijing financing ...

Analysis from Cobus van Staden

Misadventures in the Skin Trade

This week I spent a few days in Cape Town, in time for a minor, if telling, crisis in international agricultural trade. A ship crammed with 19,000 (mostly still living) cows was stuck in Cape Town harbor, en route from Brazil to the Middle East.
As South African animal welfare authorities scrambled to inspect the horrors on board, the city was enveloped in a powerful farmyard funk. The entire episode can ...

Chinese Debt Servicing Costs Surge for Angola and Uganda

Debt servicing costs have been steadily rising across Africa, largely due to the falling value of local currencies that are used to repay dollar-denominated loans. But in Angola and Uganda, interest payments to Chinese creditors have jumped considerably in recent months ...

U.S., EU Unveil Next Steps in the Expansion of Angola’s Lobito Corridor Railway

The United States and the European Union are moving forward with a plan to upgrade the 1,300-kilometer Lobito rail corridor that links the copper and cobalt belts in Zambia and the DR Congo with the port of Lobito in Angola. In separate ...

TRANSLATION: Africa Is Not Paradise for Chinese Bosses

There’s been a recent flurry of posts on WeChat from various accounts in different countries that tout the enormous opportunities available for Chinese entrepreneurs on the continent. Some of these accounts are either directly or indirectly affiliated with various Chinese government agencies and appear intended to encourage ...

Japanese Minister’s Africa Tour Riles China as Tokyo Looks to Build Its Own EV Battery Metal Supply Chain

Japan's Economy and Industry Minister Nishimura Yasutoshi arrived in Namibia on Sunday for the first leg of a five-nation Africa tour that focuses specifically on securing new supplies of critical resources needed to power electric vehicles. Nishimura will also visit Angola, the DR ...

New Half-Billion Dollar Deal Aims to Position Angola’s Lobito Corridor as Main Gateway for Africa’s Critical Resources

The competition for access to critical metals used to manufacture electric vehicle batteries intensified with the announcement that Trafigura, a Singaporean-based commodity trading giant, is going to lead a consortium of European companies to rebuild a rail line poised to become one of Africa's most important logistics corridors. ...
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