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Chinese Firm Dismisses Tanzania’s Claims on Stalled $10 Billion Port as “Not True”
China’s largest port operator accused the Tanzanian government of spreading “false information” and misguiding the public about the cause of stalled negotiations over the $10 billion Bagamoyo port development it is backing in the country. .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 0%, transparent); mask-image: linear-gradient(180deg, #000 …
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China Creates $5 Billion Export Fund with Bank in MoroccoChina’s Exim Bank announced plans to team up with Morocco’s Attijariwafa Bank to create a $5 billion fund to promote African exports to China and to establish new industrial zones on the continent, according to a report published by Reuters. .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 0%, …
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Tweet of the Day: China’s All-Expense Paid Junkets for African Journalists Are Quite Effective at Building GoodwillToday’s Tweet comes from Ugandan journalist Sarah Kyobe who showcases how effective China’s outreach to African journalists has been quite effective in building goodwill. The Chinese government spends a considerable amount of money every year to pay for hundreds of African journalists and media professionals …
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Video Worth Watching: Meet 26-Year Old Tecno Manager Chen KaiChinese propaganda videos produced by CGTN or its parent network CCTV are usually not very noteworthy, but from time to time they do produce something that is absolutely fascinating and definitely worth watching. Because they’re CCTV they get access to the Chinese community in Africa …
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France Hopes a Focus on Small Business Will Help it Gain an Advantage Over China in AfricaThe French government has urged business leaders and investors at a key summit last week to be bold about investing in Africa. Paris is banking on the potential of small to medium enterprises (SME) to catch up in the race with China. But investors are …
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Acclaimed Author/Journalist Howard W. French: China Industrializing Africa is “Largely a Fantasy”In his regular column in World Politics Review, the always-interesting author/journalist Howard W. French wrote today about Africa and its booming population will become a transformative power in the future. But contrary to growing enthusiasm among many observers that African countries will be able to …
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Tweet of the Day: While the U.S. Talks About Building Things in Africa… Here’s the Kind of Thing the Chinese Are Doing Right Now.
This Tweet from Harare, Zimbabwe should give U.S. officials pause about the effectiveness of all those warnings to African governments about becoming too dependent on Chinese aid, loans and trade. The $100 million new parliament building, all funded and built by the Chinese, is starting …
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U.S. Says Forget About China’s “Belt and Road,” It’s Time For Developing Countries to Get Ready for The New “Blue Dot Network”The United States is proposing a new infrastructure development plan for developing countries that is presumably intended to rival China’s multi-billion-dollar “One Belt, One Road” strategy. Commerce Secretary Wilbur Ross unveiled the new “Blue Dot Network” on Tuesday at the Indo-Pacific Business Forum in Bangkok. …
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Video Worth Watching – China in Africa: Fair Trade or New Colonialism?The Dutch Ministry of Foreign Affairs and the Amsterdam arts and culture house deBAILE held a fascinating event on Monday with three prominent European China-Africa experts. The panel, from left to right, featured Miriam Driessen from Oxford University, Ilaria …
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Leading South African Financial Newspaper Gets Called Out for Publishing Chinese PropagandaOn November 4, the South African financial daily Business Day published a 12-page insert “celebrating Mao’s revolution” in China. The supplement was labeled an “advertorial,” which didn’t go down well with some readers who felt it was misleading. .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 0%, transparent); …