Country: Kenya
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How China Pays to Shape the Narrative in East Africa
In this new era of reduced advertising and declining readership, East African newspapers, such as The Star in Kenya, are thrilled when entities like the Chinese government approach them for long-term paid partnerships. Last week, the paper signed a year-long deal ...
How China Really Secures Its Loans to Developing Countries
The "debt trap" meme claims that China is intentionally lending vast sums of money to poor developing countries in Africa, and elsewhere, with the express intent to seize physical assets in those countries when they inevitably can't repay their debts.
For China’s Cross-Border Retailers, Africa Is the New Southeast Asia
A recent article from Xiaguangshe, a Chinese outlet focused on global business trends, spotlights the growing allure of Africa’s e-commerce market for Chinese sellers. Many merchants who previously focused on Southeast Asia or the U.S. are now actively exploring Africa as their next big opportunity, drawn ...
Standard Bank Becomes First African Bank to Offer China’s Cross-Border Interbank Payment System
China's alternative to the SWIFT international payment network is now available in Africa, following the announcement by Standard Bank, the continent's largest bank in terms of assets, as the first institution to offer the Cross-Border Interbank Payment System (CIPS). This is ...
Looking Beyond Mining in the Africa-China Relationship
Last week’s China-Africa Economic and Trade Expo (CAETE) in Changsha, Hunan province drew very little press attention, but it gave a glimpse of the growing centrality of agricultural trade to the Africa-China relationship. The event delivered 176 new project deals worth $11.39 billion. The number ...
From Phones to E-Bikes: China’s Transsion Targets Africa’s Mobility Sector
For almost two decades, the Chinese smartphone giant behind Africa’s most popular mobile brands -Tecno, Infinix, and Itel- has grown to dominate the continent’s handset market. Now, it is making a bold move into Africa’s booming electric mobility sector with its TankVolt e-bikes, which have already become ...
China’s New Mediation Body Courts the Global South on Dispute Resolution
A couple of weeks ago in Hong Kong, China quietly inaugurated the International Organization for Mediation (IoM), marking what may become a significant shift in global dispute resolution. Thirty-two countries from Latin America, Southeast Asia, Africa, and Europe attended the launch, underscoring Beijing’s ambition to build a ...
Kenya’s FM Pushes China for Fast Approval of Financial Assistance Package
Kenya's top diplomat, Musalia Mudavadi, hoped that his visit to China this week would prompt Beijing to speed up approval of a large financial package that his government is counting on to build new roads and extend the Standard Gauge Railway (SGR) to the Ugandan border.
Africa Now Has Duty-Free Access to the China Market, Now What?
Last year, in January, Ugandan President Yoweri Museveni called on China to do more to open its vast market to African goods by removing trade tariffs for the entire continent. This week, Museveni got what he asked for when China removed ...
In a Swipe at the U.S., China Removes Tariffs for Nearly Every African Country
China will remove all trade tariffs on imported goods from 53 African countries in a move that starkly contrasts with U.S. President Donald Trump's pro-tariff agenda. Foreign Minister Wang Yi announced the policy on Wednesday at the conclusion of a gathering ...
Chinese EVs Price Wars Domino Effect on Africa’s Nascent EV Market
Faced with rising fuel costs, vehicle buyers in Kenya and Ethiopia are turning to affordable electric alternatives from Chinese manufacturers such as Changan, Neta, Wuling, and Xiaohu. These compact EVs, well-suited for taxi services and short-distance travel, are gaining ground as practical replacements for traditional ...
China and Kenya Seal Pharma Deal
China and Kenya have reportedly signed a deal worth about $500 million to set up local vaccine and pharmaceutical production facilities using Chinese technology. Aden Duale, the Cabinet Secretary for Kenya’s Ministry of Health, said that the planned facilities would strengthen ...