Country: Nigeria
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The Transsion Phenomenon in Africa
Too often, the discussion about Chinese tech in the Global South, particularly in places like Africa, focuses primarily on just two companies Huawei and ZTE. It's not surprising given that in recent years both have been the focus of so much attention in Australia, the U.S., and ...
Someone Paid a Huge Ransom to Free the Crew of Chinese Fishing Vessel Taken Captive in the Gulf of Guinea
The Nigerian Navy reports that the crew of a pirated Chinese fishing vessel was recently released following the payment of a $300,000 ransom. The crew had spent a month in captivity The 14-member crew, including six Chinese nationals, was kidnapped off the ...
New Railway in Nigeria to Push Up the Country’s Debts to China
Although Chinese loans account for just 11.28% of Nigeria's external debt stock, a senior advisor to President Buhari warned this weekend that figure is likely to go up if/when the China Exim Bank approves the $5.3 billion loan to build the Ibadan-Kano portion of a ...
Change in Guangzhou’s African Diaspora Community
April 11th will mark the one-year anniversary of what's become known as "the Guangzhou Incident" when dozens, possibly hundreds of African residents in the southern Chinese city were evicted from their homes and hotels. Chinese officials denied that Black and African ...
Analyst: Nigeria on the Cusp of a Debt Crisis, But Loans From China Not to Blame
The Nigerian Debt Management Office on Monday revealed that it has $5.8 billion of borrowed money on its books that it hasn't disbursed. This prompted new worries among some financial analysts that the actual debt-to-GDP ratio has surpassed 100%, meaning that the country has taken on so ...
Counterpoint: Why Some in Africa Remain Frustrated With the U.S. and Choose to Embrace China Instead
While U.S. stakeholders are working to figure out what they want to do in Africa, they would be advised to listen carefully to some of the widely-held frustrations about America's less-than-supportive attitudes towards the continent over the years, which bubbled to the surface during the Trump administration. ...
Nigerian Foreign Minister Geoffrey Onyeama Reflects on Ties With China: We Are Not “Blind and Gullible”
Nigerian Foreign Minister Geoffrey Onyeama is the latest senior African stakeholder to push back against the accusation that China is taking advantage of Africa in general and his country in particular. "It is not totally accurate to make it sound as if we go into these relationships ...
China’s Commerce Ministry Formally Congratulates Ngozi Okonjo-Iweala on Her Appointment as New WTO Head
The Chinese Ministry of Commerce on Monday officially congratulated Nigerian-American Ngozi Okonjo-Iweala on her appointment to become the next Director-General of the World Trade Organization. This was widely expected given that Beijing was among Okonjo-Iweala's more enthusiastic supporters, particularly ...
Nigerian Foreign Minister Geoffrey Onyeama: “We Will Need China For Vaccines”
Nigerian Foreign Minister Geoffrey Onyeama confirmed on Friday that talks are underway with China to secure large quantities of COVID-19 vaccines. Until recently Nigeria has fared relatively well in terms of infections but now it appears that new variants of the virus are spreading faster. ...
China & The Geopolitics of COVID Vaccines in Africa
COVID-19 vaccines are finally starting to make their way to the world's poorest countries as production of Chinese, Russian and Indian jabs ramps up. But it's the large-scale distribution of Chinese vaccines that's causing a lot of people around the world, ...
China’s Cutting Back on BRI Financing, But Not For Renewable Energy
China has dramatically cut back financing overseas infrastructure development initiatives, especially for carbon-intensive energy projects involving oil, gas, and coal. From 2016 to 2019, China's two major policy banks slashed lending by a stunning 85%. ...
Donald Trump’s Spectacular Failure in Africa
At the sunset of the Trump administration, it's worth reflecting on all that went wrong with its Africa policy and specifically the oft-stated effort to contain China's rise on the continent. There's really no other way to describe it other than to say that it was a ...