Tag: African Development Bank
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WEEK IN REVIEW: China’s CATL Seeks $1B Loan for Major Battery Plant in Indonesia
U.S. President Donald Trump said he won’t consider pulling back the 145% trade tariffs imposed on Chinese goods to spur a trade deal. Asked by reporters on Wednesday if he would consider lowering tariffs to get China to the negotiating table, he simply said, “No.” Asked what he ...
Related Posts
WEEK IN REVIEW: China’s CATL Seeks $1B Loan for Major Battery Plant in Indonesia
U.S. President Donald Trump said he won’t consider pulling back the 145% trade tariffs imposed on Chinese goods to spur a trade deal. Asked by reporters on Wednesday if he would consider lowering tariffs to get China to the negotiating table, he simply said, “No.” Asked what he ...
African Development Bank Head Calls for End to Resource-Backed Loans
Akinwumi Adesina, president of the African Development Bank, urged leaders on the continent to end the practice of exchanging raw materials for development, a practice known as resources-for-loans that was pioneered on a truly massive scale by China.
WEEK IN REVIEW: The First Meeting of the Zambia Creditor Committee to Convene in Paris this Week
The first meeting of the Zambia Creditor Committee, co-chaired by China and France, will convene on Thursday in Paris. IMF officials indicated on Wednesday that if everything proceeds smoothly with restructuring the country's $17.3 billion external debt, a bail-out deal with the fund could be reached by early ...
What Do the African Development Bank Annual Meetings Mean for Chinese Energy Finance in Africa?
By Oyintarelado (Tarela) Moses This week, the African Development Bank (AfDB) convenes its annual meetings in Accra, Ghana under the theme of Achieving Climate Resilience and a Just Energy Transition for Africa. As countries throughout the region experience the effects ...
A child shakes hands with a robot during the World Artificial Intelligence Conference (WAIC) in Shanghai on July 28, 2025. (Photo by Hector RETAMAL / AFP)
By Laurie Chen China's scramble to adopt artificial intelligence will spawn new jobs and propel the world's second-largest economy, say policymakers and company executives, as they play down growing global fears that the technology could stunt employment. Plans unveiled ...
WEEK IN REVIEW: China’s CATL Seeks $1B Loan for Major Battery Plant in Indonesia
U.S. President Donald Trump said he won’t consider pulling back the 145% trade tariffs imposed on Chinese goods to spur a trade deal. Asked by reporters on Wednesday if he would consider lowering tariffs to get China to the negotiating table, he simply said, “No.” Asked what he ...
WEEK IN REVIEW: China’s CATL Seeks $1B Loan for Major Battery Plant in Indonesia
U.S. President Donald Trump said he won’t consider pulling back the 145% trade tariffs imposed on Chinese goods to spur a trade deal. Asked by reporters on Wednesday if he would consider lowering tariffs to get China to the negotiating table, he simply said, “No.” Asked what he ...
African Development Bank Head Calls for End to Resource-Backed Loans
Akinwumi Adesina, president of the African Development Bank, urged leaders on the continent to end the practice of exchanging raw materials for development, a practice known as resources-for-loans that was pioneered on a truly massive scale by China.
WEEK IN REVIEW: The First Meeting of the Zambia Creditor Committee to Convene in Paris this Week
The first meeting of the Zambia Creditor Committee, co-chaired by China and France, will convene on Thursday in Paris. IMF officials indicated on Wednesday that if everything proceeds smoothly with restructuring the country's $17.3 billion external debt, a bail-out deal with the fund could be reached by early ...
What Do the African Development Bank Annual Meetings Mean for Chinese Energy Finance in Africa?
By Oyintarelado (Tarela) Moses This week, the African Development Bank (AfDB) convenes its annual meetings in Accra, Ghana under the theme of Achieving Climate Resilience and a Just Energy Transition for Africa. As countries throughout the region experience the effects ...
David Hundeyin: The U.S. Drive to Investigate the Head of the AfDB Doesn’t Have Anything to do With Corruption, It’s All About China
Business Day (Nigeria) columnist David Hundeyin echoed the increasingly popular sentiment in Nigeria that geopolitics, not an effort to fight corruption is behind the U.S.-led drive to investigate Akinwumi Adesina, the popular president of the African Development Bank. Hundeyin, ...
World Bank Chief’s Criticism of AfDB Lending Practices Also Reflects Broader U.S. Anxiety About Chinese Debt in Africa
Officials at the African Development Bank (AfDB) are still smarting over last week's comments by World Bank president David Malpass who accused the AfDB of having “a tendency to lend too quickly and add to the debt problem of the countries" on the ...
Introduction to China-Africa relations : A Q&A with Eric Olander
The following interview was conducted via email with Deng Chuyang, a University of Pennsylvania student who interned in the Beijing office of Bloomberg BusinessWeek in spring 2015. QUESTION: In your opinion, what has changed between Africa and China in terms of their political relationship? How does international community think ...
China, Africa and the PRC's Massive New Development Bank
57 countries including two from Africa, are among the founding members of China's new development bank, the Asian Infrastructure Investment Bank (AIIB). While the new bank's primary objective will be develop infrastructure projects in Asia, as its name suggests, there is widespread anticipation (mixed ...
Postcards From Beijing: Defying Stereotypes in China
By Hannah Ryder, Deputy Country Director for China, United Nations Development Program A few days ago I arrived in Beijing to begin a new job as deputy country director for UNDP China. In this job, I’ll be heading a team that advises the Chinese government and other Chinese counterparts such ...
China's New Diplomatic Strategy in Africa: Humility
Just a few weeks after visiting Chinese premier Li Keqiang admitted that China was going through "growing pains" in its engagement Africa,