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France’s Trade Minister Dismisses Chinese Competition in Africa

Olivier Becht, France’s Minister of Foreign Trade pushed back against claims that France is being “chased out” of Africa. In an interview with Africa Report conducted late last year, Becht said the presence of French companies is actually increasing in Africa.

Sino-French Collaboration on South African Power Plant

Sungrow Power Supply, a Chinese maker of solar components, will partner with EDF Renewables, a French green power company, on a new combined solar and wind power plant in South Africa. Sungrow will supply liquid-cooled power storage facilities for the project, ...

Chinese Meme Comparing Gaza and Xinjiang Goes Viral

China’s embassy in France caused an online stir by posting a meme comparing Gaza and Xinjiang. The meme, labeled “Untitled” shows an image of a bombed street in Gaza juxtaposed with an intact and seemingly thriving one in Xinjiang. The image ...

Amid West African Coups, Benin Leader’s Beijing Trip Is Notable

Considering the caliber of events Chinese President Xi Jinping is not showing up to, it’s notable that he made time to meet with Benin’s President Patrice Athanase Guillaume Talon on Friday. Talon led a four-day state visit to Beijing, which saw the establishment ...

A New Chapter of ‘Going out’ in the Making? 

By Lukas Fiala  Walking through the halls at the Paris Air Show, the world’s largest aerospace exhibition, last week demonstrated once more the emergence of a novel chapter of China’s global outreach: high-tech aeronautics and aerospace cooperation. From the Aviation Industry ...

Analysis from Cobus van Staden

Joint Battlefield Training to Raise Pressure in South China Sea

The U.S. military will reportedly introduce joint combat training with the Philippines in June. Major General Marcus Evans, commander of the U.S. 25th Infantry Division, told the Associated Press that the training would increase the Philippine army’s ability to fight in challenging jungle conditions.
The training will run from June 1 to 10. At Manila’s request, the training will be held in Philippine territory for the first time. It will involve about 2,000 people ...

Welcome to the New Era Where China Writes the Rules

Everyone's hailing the Zambian debt restructuring agreement that was unveiled on Friday in Paris as a major breakthrough in debt relief for the world's poorest countries. While we don't have a lot of information about what's specifically stipulated in the deal, ...

Zambia’s Landmark Debt Deal Highlights China’s Success in Setting New Rules for Development Finance

Zambian President Haikinde Hichilema looked visibly relieved following Friday's announcement that the country's creditor committee had finally reached an agreement to restructure $6.3 billion of bilateral external debt. The deal that took more than two years to finalize was unveiled by ...

Investors Cautiously Optimistic About Zambia Debt Deal, But Still Wary About China’s Role

Investors welcomed the news of Zambia's debt restructuring deal with a mini rally on Friday in the country's dollar-denominated bonds. Government bonds from Ghana, Pakistan and Sri Lanka also saw similar bumps prompted by new optimism their debt restructurings will follow Zambia's example.

Chinese Media Noticeably Quiet on Zambian Debt Deal

Most major financial news outlets in the U.S. and Europe featured prominent coverage of Friday's landmark Zambian debt restructuring deal but the story was barely mentioned in China. The official state-run Xinhua news agency published a short summary of the announcement but, ...

Saying the Quiet Part Out Loud on Africa’s Green Transition

This has been a week of revealing contrasts, so revealing that a screenwriter might find them a bit on the nose.  Most prominent was the global attention focused on the underwater fate of a small group of rich people and the general ...
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