Country: Kenya

Related Posts

China E-Mobility Weekly Digest: More Speed, Less Policymaking Will Power African Countries’ Electric Vehicle Dreams

This is a free preview of the upcoming Africa EVs Weekly Digest, part of the new CGSP Intelligence service. This week, we continue looking at the alternatives African countries have for electric vehicle (EV) manufacturing. Across the continent, employment ...

Kenya Cuts Debt Costs With Yuan Swap as China Ties Reshape Financing

Kenya reduced its external debt-servicing costs by about $167 million after using a yuan-for-dollar currency swap linked to its debt with China. This is the first time Nairobi has specified the exact figure, after announcing the swap in October. The transaction lowered ...

China’s Electric Buses in Africa: Clean Transport or a New Dependency?

African cities are growing, increasing demand for transport, and, in the process, choking even faster from diesel-belching public transport vehicles, which remain the backbone of urban life. In this episode of The Africa EV Show, ...

China’s Africa Lending Enters a New Phase as Mega-Loans Give Way to Targeted Finance and Investment

Chinese development finance in Africa is moving away from its traditional model of large sovereign loans for mega-infrastructure projects. Boston University's latest data shows Beijing increasingly channeling support through alternative mechanisms, including foreign direct investment, equipment trade, and financing arrangements with ...

China’s Africa Lending Drops 46% as Strategic Reset Takes Hold

Chinese lending to Africa fell to $2.1 billion in 2024, marking a 46% decline from the previous year and the first annual drop since the COVID-19 pandemic, according to Boston University's updated Chinese Loans to Africa Database. The downturn signals Beijing's ...

Analysis from Cobus van Staden

Confusing Developments in “Development”

This week I’m in Brussels, where I took part in a workshop on how the EU should shape its development strategy in response to China’s global influence.
I have joked in the past that it feels like I’ve attended this same ‘EU, Africa, and External Development Partners’ conference for ten years straight. 

Get a daily email packed with the latest news and analysis from Africa, Asia, and across ...

China’s Evolving Lending Footprint in Africa: Selective Engagement and Strategic Retooling

By Mengdi Yue and Yiyuan Qi Chinese loans to Africa are down once again, but not out.  Boston University Global Development Policy Center’s newly updated Chinese Loans to Africa (CLA) Database shows that, despite a slight rise in 2023, Chinese ...

China’s Africa Lending Nearly Halved in 2024, Shifts to Yuan

By Colleen Goko Chinese lending to Africa nearly halved to $2.1 billion in 2024, the first annual decline since the COVID-19 pandemic, as the country shifts to selective, strategic projects, according to data released on Wednesday by Boston University. ...

Kenya Secures Duty-Free Access to China. Its Farmers May Still Struggle to Cash In

There's been a lot of discussion in Kenya over the weekend about how the country can best take advantage of a preliminary trade agreement signed late last week that grants 98.2% of Kenyan exports duty-free access to the Chinese market.

What Did Wang Yi Accomplish on His Low-Key Africa Tour?

While global attention was fixed on the fallout from U.S. intervention in Venezuela and rising tensions between Washington and Tehran, Chinese Foreign Minister Wang Yi quietly toured three African countries in a notably low-profile visit. ...

China Offers Extensive Free-Trade Deal to Kenya

Kenya has secured zero-duty access for almost all its exports to China in a preliminary deal, its trade minister said Thursday, as Nairobi seeks to offset the impact of higher U.S. tariffs. The Kenya-China deal aims to diversify the East African ...

China’s Clean Tech Charm Offensive Wins Global South Hearts and Minds

By Chris Aylett and Bernice Lee Air travellers making the descent into Islamabad, Nairobi, or São Paulo may be struck by the sight of solar panels scattered liberally over the rooftops. Regular visitors to Kathmandu, Nepal’s capital city, will probably have ...

China E-Mobility Weekly Digest: Driving Kenya’s First Locally Built Electric Car as BYD Dethrones Tesla and China’s ICE & EV Dual Strategy

This is a free preview of the upcoming Africa EVs Weekly Digest, part of the new CGSP Intelligence service. African countries are embarking on an unprecedented bout of techno-social evolution brought about by Chinese electric vehicle (EV) technologies that ...
Page 1 of 7812…78