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Ghanaian Students Returning from China Face Unique Challenges…and Opportunities

More African foreign students are studying in China than anywhere else in the world. But do these qualifications get them jobs back home? A new webinar series by the Afro-Sino Centre of International Relations (ASCIR) featuring the China-Trained African Professionals (CTAP) ...

China Unexpectedly Backs Sri Lanka Debt Plan, Clearing the Way for Desperately-needed IMF Rescue Funds

After months of delays and obfuscation, the China Exim Bank suddenly and unexpectedly reversed course this week and agreed to fully support Colombo's debt restructuring plan. President Ranil Wickremesinghe broke the news on Tuesday when he told parliament that China Exim would ...

The China Debt Story in Nigeria Makes Headlines Even When It Shouldn’t

Nigeria marked an important milestone this week when its total public debt topped 49 trillion naira or $108 billion. Curiously, the editors at the popular online news site Legit thought that the country's $4.15 billion debt to China was worth mentioning in the story's headline.

eSwatini PM Visits Taiwan, Reaffirms Diplomatic Support

Taiwan President Tsai Ing-wen welcomed eSwatini Prime Minister Cleopas Sipho Dlamini during an official visit to Taipei. The prime minister expressed the Kingdom's support for Taiwan's admission to the United Nations and criticized China's efforts to coerce the island through "any ...

Ajay Banga in Africa to Rally Support for World Bank Leadership Amid Stand-off With China

Ajay Banga, U.S. President Joe Biden’s nominee to head the World Bank, is on a ‘listening tour’ of Africa to drum up support for his nomination. Banga kicked off his visit to the continent in Ivory Coast and Kenya. As a veteran ...

Controversial China Square Shopping Mall Re-Opens in Nairobi, Prompting Heated Debate About Chinese Imports

Nearly two weeks after being shuttered due to protests from competing traders, China Square, a Nairobi shop selling inexpensive Chinese imports, is back in business. This follows talks between the Kenyan authorities and the local Chinese chamber of commerce. It seems that ...

China’s New Line on Ghana Debt: We Own Less Than 5%, so Why Are You Talking to Us?

Even though talks between Chinese creditors and the Ghanaian government are now underway in Accra to restructure the country's $1.7 billion of bilateral debt, a narrative that Beijing is delaying the process is taking hold in the Ghanaian media. The problem stems ...

A Call for the African Union to Break the Global South Debt Impasse

Gyude Moore, a senior policy fellow at the Center for Global Development, is among a small group of Washington, D.C.-based analysts trying to devise practical solutions for how developing countries can unblock the current impasse preventing debt-distressed countries from restructuring their loans.

Uganda is the Latest Stop for High-Level CPC Delegation Touring East Africa

While U.S. lawmakers see themselves in an “existential struggle” with the Communist Party of China (CPC), Party officials are getting a considerably warmer reception in Africa. Li Mingxiang, the Vice Minister of the International Department of the CPC’s Central Committee, met with ...

Ghana President Hopeful for IMF Deal in March

Ghana’s President Nana Akufo-Addo is optimistic that the debt-ridden country will reach a bailout deal with the International Monetary Fund by the end of the month. Speaking at a gathering of ambassadors and high-level officials, Akufo-Addo said: “I’m confident that with ...

Kenyan Merchants and Consumers Face Off Over Chinese Imports

Kenyan traders staged a street protest against Chinese competitors they say are undercutting them. This follows the targeting of China Square by Trade Secretary Moses Kuria. The popular new Chinese-run store offers imported products at prices 50% lower than traders.

China Denies Ethiopian Media Report It’s Providing Addis Ababa With “Alternative Means” of Debt Relief

The Chinese Ministry of Foreign Affairs flatly denied a report published in the English-language Ethiopian news site The Reporter that "China agreed to restructure Ethiopia’s debt through alternative means." Ethiopia is the second-largest recipient of Chinese loans in Africa, behind Angola, ...
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