Tag: Africa
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Chinese Sci-Fi Blockbuster Wandering Earth 2 to Open in Southern Africa
The Chinese movie hit "Wandering Earth 2" will open next week in four southern African countries beginning with South Africa, Mozambique and Zimbabwe on March 10th, followed by Zambia the week after. The science fiction blockbuster has already taken in $566 million ...
China Sticks to Its Position That Its Not to Blame for Delays in Zambia’s Debt Restructuring Process
Any hope China would soften its hardline position on debt restructuring following last weekend's talks among G20 finance ministers was dashed on Monday when Foreign Ministry Spokesperson Mao Ning restated Beijing's longstanding demand that multilateral creditors also take losses on their loans to developing countries. ...
Germany’s Ambassador to Ghana Explains Why He Thinks China is Hesitating to Set Up a Creditor Committee
The German government is advocating on behalf of Ghana for China to stop stalling in the creation of a new Creditor Committee that will restructure Accra's debts. Last week, Ghana officially became the second African country in the post-pandemic era to default ...
With an Eye on China and Russia, Macron (Again) Tries to Reboot France’s Strategy in Africa
France needs to approach Africa with ‘profound humility’ to make up for its colonial past. This is the message from French President Emmanuel Macron, who is embarking on an African tour in part aimed at rejuvenating Paris’s engagement with a continent where its image remains shaped by its colonial ...
Top Chinese Communist Party Official Visits Ruling Party Leaders in Kenya, Tanzania
In-person party-to-party exchanges between Communist Party of China (CPC) officials and African counterparts are ramping up again. Li Mingxiang, the Vice Minister of the International Department of the CPC Central Committee, recently visited Kenya and Tanzania. The visit was ostensibly aimed at ...
Kenya’s Ambassador to China Leaves Unexpectedly
Kenya's outgoing ambassador to China, Mary Muthoni, is leaving her post after only ten months on the job, far less than her predecessor, who spent three years in Beijing. The Ministry of Foreign Affairs in Nairobi did not explain what prompted ...
What’s the Strategy Behind South Africa’s Joint Naval Exercises With China and Russia?
South Africa’s joint naval exercises with China and Russia are drawing sharp criticism domestically and from Western allies. Beyond questions about the symbolism of its timing - overlapping with the one-year anniversary of the Ukraine invasion - many are baffled as to why SA is participating ...
Pentagon Not Happy About South African Naval Exercises But Won’t Admit It Publicly
The United States military is staying largely quiet over the ongoing joint naval exercises in South Africa that include Russia and China. Earlier, Deputy Assistant Secretary of Defense for African Affairs Chidi Blyden said the U.S. respects South Africa's ...
DR Congo Buys Nine Chinese Attack Drones for Use in War Against M23 Rebels
The Congolese government is stepping up the fight against M23 rebels with the purchase of nine Chinese CH-4 attack drones, according to a report in Africa Intelligence. The first batch of three drones will be delivered next month, with ...
Ghana’s Finance Minister Will Go to Beijing This Week Seeking Debt Relief
Ghanaian Finance Minister Ken Ofori Atta will head to Beijing on Friday in a bid to re-negotiate Accra's $1.7 billion debt owed to Chinese creditors. The West African country has already defaulted on some of its commercial debt ...
And…That’s How It’s Done in the Congo: Chinese Mining Venture Settles $17 billion Claim With a $500 Million Check
Negotiators for the state-owned China Railway Engineering Corporation (CREC) finalized a deal with the Congolese government to pay for $500 million of new infrastructure this year. While that may sound like a lot of money, it's a lot less than ...
South Africa’s Decrepit Railway Infrastructure is Slowing Iron Ore Shipments to China
More than a million tons of South African iron ore is blocked from leaving the country, mostly bound for China, due to SA's failing railway infrastructure. The local unit of British-South African mining giant Anglo American, Kumba Iron ...