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China Mobile Reportedly in Talks to Buy One of South Africa’s Largest Mobile Operators
Cell C has been in distress for quite some time and now there are reports that state-owned China Mobile is considering buying the embattled South African mobile operator. South African tech news site Tech Central quoted a source familiar with the …
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2019 Oxford Economics Africa Risk-Reward IndexOxford Economics’ annual African investment risk assessment report is a useful companion with the EY Attractiveness report to evaluate foreign investment trends in Africa, albeit not specifically focused on China. .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 0%, transparent); mask-image: linear-gradient(180deg, #000 0%, transparent); } Get …
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Dr. Enga Kameni: Africa Needs to Come Together if it Wants Better Trade Deals with ChinaDr. Enga Kameni, Manager of Legal Services of the African ExportImport Bank (Afreximbank) delivered an interesting presentation at Boston University’s Global Development Policy Center last week where he spoke about the importance of the broader China-Africa relationship and explained why it’s important that African states restructure …
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Report: EU Should Follow Example Set by China’s Development Path in AfricaA new report reportedly calls for an urgent overhaul of the EU aid strategy in Africa or else risk it’s “global standing.” In a bit of an odd twist, the authors of the report, or the so-called group of “wise persons” (yes, that’s what they’re …
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While the U.S. and Japan Talk About Private Sector Engagement in Africa, Chinese Companies are Already Doing Multibillion-Dollar IPOs Based on African-based BusinessesBoston Consulting Group senior partner Grant Freeland issued a plea to American businesses to take Africa more seriously and to get in the game or risk “ceding the market to China.” He didn’t shy away about the reality that U.S. business leaders are …
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Transsion IPO Proves the Promise of the African MarketThis week’s stunning stock debut of the Chinese company that dominates the African mobile phone market is definitive proof in the promise of the African market. Shenzhen-based Transsion Holdings started trading this week on the NASDAQ-style Star exchange in Shanghai where its stock immediately …
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Japan the EU Sign an Ambitious Deal to Build Infrastructure in the Developing World With an Eye on Countering ChinaJapan and the European Union signed a so-called “connectivity partnership” to build infrastructure and set development standards in joint projects around the world. While neither the agreement nor the leaders from either side mentioned China by name, it’s widely believed that this deal is …
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Chinese Galamsey and the Illegal Lure of China’s Gold Rush[THE STATESMAN] Some 50,000 Chinese migrants are said to have flocked to Ghana to stake a claim in the country’s illegal gold mining rush, with dire environmental, economic and social consequences. .memberful-global-teaser-content p:last-child{ -webkit-mask-image: linear-gradient(180deg, #000 0%, transparent); mask-image: linear-gradient(180deg, #000 0%, transparent); } Get …
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World Bank: China Sinks Further Into Debt While Investors Seem to Love Buying African Sovereign BondsOn average, the external debt burden of low and middle-income countries remains moderate. The ratio of external debt to GNI averaged 26 percent at the end of 2018, unchanged from the prior year average, and the ratio of external debt-to-export earnings improved slightly. .memberful-global-teaser-content p:last-child{ …
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Aubrey Hruby: Africa Already is a Battleground in the U.S.-China Trade WarAtlantic Council Africa Center senior fellow Aubrey Hruby explained in a recent interview at the Concordia Summit in New York that Africa is a new front in the ongoing U.S.-China trade war but nonetheless remains optimistic that some African countries are well-positioned to benefit from …