Country: Angola
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Chinese Businesses Grapple With Violence, Crime in South Africa and Angola
Foreign-owned businesses in the northwestern South African city of Witbank (aka Emalahleni City) have been closed all week in response to street protests against a Chinese-owned supermarket. On Monday, a family entered the store when the father got into some kind of ...
Almost 2/3 of Africa’s Exports to China Last Year Came From Just Three Countries
The highly distorted nature of China-Africa trade in 2021 was the subject of a series of compelling charts and infographics published on Tuesday by the online financial news site Quartz. African exports, in particular, stood out. Only three ...
6-Day China-Africa Great Lakes Import Expo Concludes in Wuxi
A 6-day convention aimed at promoting trade between China and countries surrounding the Great Lakes region in southeastern Africa wrapped up on Thursday in Wuxi. In all, representatives from 12 African states took part in the event in eastern China, including countries like Angola that are not ...
China-Africa Trade in 2021 Amounted to $254 Billion, Breaking an All-Time Record
Two-way China-Africa trade surged last year to a new record of $254 billion, an impressive $67 billion increase from the 2020 total of $187 billion, according to data released by China's customs agency on Tuesday. Last year's supply ...
Even Though More Countries Have Received Chinese Vaccines, Distribution Remains Highly Unequal
There does not appear to be any pattern to the inconsistent distribution of Chinese vaccines in Africa over the past 12 months. For much of the year, North African countries accounted for the bulk of deliveries, but that started to change as deliveries increased to southern African ...
One After Another, African Foreign Ministers Waited Their Turn to Meet Briefly with Wang Yi
Tuesday was an especially busy day for Chinese Foreign Minister Wang Yi who met briefly with at least half a dozen foreign ministers and other senior officials from across Africa on the sidelines of the FOCAC conference in Dakar. While the ...
Letter to the Editor: Contrary to Widespread Misperception, China Has Restructured Some of Its Commercial Loans in Africa
Hi Eric and Cobus, I’m writing to follow up on a statement about Chinese debt relief you made in a recent column: …the fact is that China has canceled some zero-interest loans that only ...
China Hawk Peter Pham is America’s Most Visible Spokesman on Africa And He Doesn’t Even Work For the Government
There are few figures in Washington's Africa policy circles who are as outspoken as Peter Pham, the Trump administration's former special envoy to the Great Lakes region and, for a brief stint, the special envoy to the Sahel. ...
Erdogan Tours Africa Sounding a Lot Like a Chinese President
Turkish President Recep Tayyip Erdogan arrived in Nigeria on Tuesday, the second leg of his three-nation, four-day tour of Africa. While the primary focus of his visit to Nigeria will be to foster closer commercial ties with Ankara's largest trading partner on the continent, the ...
Key Takeaways From AidData’s New Report on How China’s Finances the BRI
AidData, the development research lab at William & Mary College in Virginia, published a landmark report this week that provides the most comprehensive overview to date of Chinese financing of projects along the Belt and Road. Researchers pored through 13,247 projects ...
China’s Role in the Burgeoning Debt Challenge in Africa
The debt situation in Africa is changing very quickly as some countries race to negotiate urgent bailouts with the IMF while others are struggling to service their debts amid the ongoing pandemic. Pretty much every country across the continent is struggling ...
Chinese Oil Buyers Have a Renewed Appetite for Angola Crude
After a quiet past few months when oil prices slid from the once heady highs, Chinese refiners are showing signs of increased demand for Angolan crude. Traders in Asia and Europe told Reuters that Chinese buyers have been snapping up Angolan oil at higher premiums than in ...