Country: Angola
Africa’s Oil and Tourism Sectors to be Impacted First by Coronavirus Outbreak in China
Although most of the attention in Africa about the coronavirus is appropriately focused on what can be done to prevent the virus from spreading, there are growing concerns over the potential economic impact across the continent -- particularly since China is the largest trading partner for the ...
How China Finances All That Infrastructure Construction in Africa is Starting to Change. Here’s How.
For several years now, as debt levels in a number of African countries have risen to alarming heights, Chinese and African officials have reportedly been looking for new ways to evolve the traditional resource-for-infrastructure (RFI) deals that critics on both sides of this relationship contend saddles African ...
Reality Check: Africa is an Important Source of Oil for China, But Not THAT Important
With this week's warning from NATO Secretary-General Jens Stoltenberg that China's growing presence in key regions like the Middle East, Africa, and even Europe presents a new challenge for the western military alliance, social media quickly saw much discussion about what's motivating China's expanding military and geopolitical ...
China’s Role in Africa’s Rapidly Growing Space Market
African countries are not traditionally known for having strong space programs but now as the cost of launching satellites into orbit falls, that's starting to change and Africa is becoming one of the fastest-growing space markets in the world.
Huawei’s Surveillance Technology Program “Safe Cities” Now Active in 12 African Countries
The Washington, D.C.-based think tank CSIS published a new report today on the global reach of Huawei's "Safe Cities" products that include facial and license-plate recognition, social media monitoring, and other surveillance capabilities. CSIS researchers Jonathan Hillman and Maesea McCalpin provided a ...
Insecurity and Bribe Demands Plague Chinese Businesses in Angola
Amid one of the most serious economic crises of its history, Angola’s government is looking at every major economy for investors. Being Angola’s major creditor for over a decade, China is, naturally, one of the main targets. But Chinese investment is being plagued locally, not only by ...
Angola: China's Risky Gamble in Africa
China has loaned Angola an estimated $60 billion dollars since the two countries established diplomatic relations back in 1983, making it one of the top destinations for Chinese financing in Africa. Angola is especially attractive for the Chinese because of its ...
The Danger of Too Much Chinese Debt in Africa
The financial implosion in Venezuela is prompting growing concern in Beijing that China may have been too ambitious in its drive to loan billions of dollars to high-risk countries throughout the global south. Persistently low oil ...