Live Feed
The News Feed is curated by CGSP’s editors in Asia and Africa.
Zambia’s newly-named finance minister Situmbeko Musokotwane said he’s going to prioritize closing a restructuring deal with the International Monetary Fund because it would give creditors confidence and the government cheaper and longer-term financing.
MSA Capital is the Chinese VC Firm to Watch When it Comes to Investing in African Start-Ups
Announcing yet another early-stage Africa-focused company being backed by the Beijing-based MSA Capital is becoming a monthly ritual. African mobile money start-up PawaPay is the latest to attract MSA Capital ...
The African Union Is the Latest International Organization to Receive COVID-19 Donations From China
The African Union Union Commissioner for Political Affairs, Bankole Adeoye, took delivery late last week of a batch of 15,000 doses of Sinopharm vaccines donated by the Chinese government. Chen Xufeng, the ...
Uganda Set to Receive More Chinese COVID Vaccines
Chinese ambassador Zhang Lizhong and Ugandan Vice President Jessica Alupo announced on Friday that China would provide a second shipment of 300,000 vaccines. It’s not clear from the announcement if the vaccines will ...
Week in Review: Doses, Detainees and Diplomacy
Interpol has canceled the red notice arrest warrant requested by China for Uyghur activist Yidiresi Aishan, who was detained in Morocco last month. The red notice flagging Aishan as a member of “terrorist” ...
Chinese Mining Giant Denies Media Reports Its Mining Contracts in the DRC Are Under Investigation
China Molybdenum Co. (aka China Moly), the world’s second-largest copper and cobalt mining company, has denied reports that its contracts for the massive Tenke Fungurume Mine (TFM) in the Democratic Republic of the Congo ...
China Plans to Ramp Up Digital Engagement in Africa
The Chinese government announced new plans this week to increase engagement in Africa’s tech sector by expanding partnerships in a number of areas including digital economy, smart cities, and 5G mobile communications. “China will share ...
New Paper Calls For the Creation of a China-Africa Digital Currency Trading Hub
With cryptocurrencies becoming more popular around the world, China is now moving quickly to establish its own digital currency as a global standard, particularly in emerging markets like Africa where the mobile payment ...
Don’t Blame Cheap Chinese Imports For Destroying Nigeria’s Textile Industry: It’s Our Fault, Say Industry Leaders
Nigeria’s once-thriving textile sector is now fast disappearing due largely to competition from Chinese imports. But don’t blame the Chinese, said Mansur Ahmed, president of the Manufacturers Association of Nigeria, ...
Fake… Pathetic… Losers… Liars… All in a Single Raging Chinese Diplomatic Tweet
The Chinese embassy in Zimbabwe has proved yet again how easy it is to provoke them into a furious froth on Twitter. The embassy took aim at well-known Zimbabwean journalist Hopewell Chin’ono who re-tweeted
African Oil Exports to China Plunge in July
China’s crude oil imports from Africa fell sharply last month with demand expected to remain flat through the third quarter. Overall, shipments from African exporting countries fell 5.1% from June and but plummeted ...
Ethiopia Moves to Restructure SOE Debt, No Word Though On China Loans
The Ethiopian Ministry of Finance (MOF) is bundling together the debts of six of its largest state-owned enterprises and will transfer the liability for these debts from the firms to the MOF itself. ...
China Begins to Distribute More Vaccines Beyond MENA to Sub-Saharan African Countries
China shipped 1.9 million doses of COVID-19 vaccines to African countries last week, with total deliveries across the continent now at 53.9 million, according to the latest Vaccine Tracker Report ...
WeChat Currency Scams Are Widespread Within the Chinese Expat Population in Africa
Last week we told you about how Chinese expatriates in Ghana were getting scammed by fraudsters posing as currency exchange dealers on WeChat. Now, victims of similar schemes from the Chinese ...
Ethiopia Seeks to Follow China’s Example By Creating Its Own Social Media Apps as Alternatives to Facebook and Twitter
China’s nationalist model of cyber sovereignty received another endorsement in Africa on Monday when Ethiopian officials unveiled new ambitions to “replace” U.S.-made social media and communications apps with local ...
Nigeria-Based, Chinese-Backed Mobile Money Platform OPay Raises $400 Million From Softbank-Led Round
The Nigeria-based, Chinese-owned mobile payment platform OPay closed its latest funding round with $400 million of new investment in a deal that values the company at an impressive $2 billion. This ...
Sino-Congolese Mining Venture Sicomines Launches Conveniently Timed Social Development Program
The Sino-Congolese mining company Sicomines held a signing ceremony on Saturday for one of its largest community development initiatives in the joint venture’s 14-year history. The company will spend almost $12 ...
Congolese Governor Orders Suspension of Six Chinese Mining Companies in South Kivu Over Environmental Violations
Théo Ngwabidje Kasi (photo), governor of South Kivu province in the Eastern DR Congo, ordered six Chinese-owned mining companies to suspend operations in a bid to “restore order” after weeks of mounting tensions between the companies ...
Yet Another Social Media Video Revealing Tensions Between Chinese and Congolese Miners
In what’s becoming an increasingly frequent pattern, another video appeared online on Sunday showing a heated exchange between a Chinese and Congolese miner. The video that is now circulating widely on ...
Terrorists in Pakistan Again Target Chinese Nationals in What’s Become an Unprecedented Challenge For the Belt and Road
Residents of the Pakistani port city of Gwadar gathered this weekend to mourn the death of two children killed on Friday by a suicide bomber who once again targeted Chinese ...
Reports of a Chinese “Black Site” in the UAE Used to Target Uyghurs Gaining Momentum in U.S. Media
The Washington Post picked up on a story today about an alleged Chinese “black site” in Dubai that was reportedly used to detain a young Chinese woman and at least two ...
China Slams Economist Report on Beijing’s Financing of New Fishing Port in Sierra Leone
The Chinese Foreign Ministry seemingly went out of its way on Friday to challenge an August 19th story published by The Economist that was critical of China’s plans to finance the ...
Barbados PM Pushes Back on BBC Journalist About China’s Growing Investments in the Caribbean
Barbados Prime Minister Mia Mottley took exception to questions posed by BBC journalist Zeinab Badawi in a recent interview for the program Global Questions that the Caribbean country is at risk of becoming a ...
Week in Review: Crime, COVID and Cables
The Facebook-led 2Africa undersea data cable initiative announced that it will add three more countries to its list of landing sites across Africa. Seychelles, Comoros, and Angola will all be connected to the billion-dollar, ...
G7’s Global Infrastructure Initiative Will Have to Contend With China’s Massive Lead in Africa
The recent announcement of an initiative to rival China’s Belt and Road Initiative (BRI) has generated a lot of debate among scholars and policyholders trying to understand its feasibility, particularly in Africa. What ...
China’s EV Battery Industry Headed in Two Seemingly Opposite Directions
Chinese chemicals manufacturer Jiangsu Lopal Tech announced a new joint venture with a Chinese fertiliser company to build a new factory to manufacture materials for use in lithium iron phosphate ...
China’s Ambassador to DRC Calls on Interior Minister To Personally Get Involved in the Search For Three Kidnapped Chinese Nationals
Chinese ambassador to the Democratic Republic of the Congo, Zhu Jing, called on Interior and Security Minister Daniel Aselo Okito Koy on Tuesday to personally intervene in the search for three ...
Up and Coming Leader in Namibia’s Ruling Party is Now Studying Political Science at Peking University
Armas Amukwiyu, a rising star in Namibia’s ruling SWAPO party took some time off from his day job doing political organizing in the northern Oshikoto region to go to Beijing to study politics at China’s ...
Translation: Wu Jiangtao’s Lesson For Other Chinese Entrepreneurs in Africa
Editor’s Note: the following is a summary translation of an article posted on the African Research Group’s (微信公众号 非洲研究小组) WeChat channel. Minor edits and slight adjustments to the translation have been done to ...
Thierry Pairault on What China Really Wants From Africa
French media and scholars have long struggled to understand the nature of Chinese engagement in Africa, often framing the issue in the context of their own brutal colonial past on the continent. Much ...
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