Tag: China loans Africa
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Crude Deals or Clever Design? Unpacking China’s Resource-Backed Finance in Africa
It is not every day that a highway is paid for with barrels of oil. Yet in parts of Sub-Saharan Africa, that is exactly how some of the region’s largest infrastructure projects are being financed. Instead of tapping their treasuries or issuing sovereign bonds, governments are ...
U.S. President Donald Trump speaks to reporters aboard Air Force One on a flight back to Washington March 15, 2026. REUTERS/Kevin Lamarque
President Donald Trump on Sunday called on China and several European nations to join a U.S.-led military coalition aimed at forcing Iran to reopen the Strait of Hormuz, the strategic waterway that carries roughly a fifth of the world’s oil supply. The demand, which appeared ...
Crude Deals or Clever Design? Unpacking China’s Resource-Backed Finance in Africa
It is not every day that a highway is paid for with barrels of oil. Yet in parts of Sub-Saharan Africa, that is exactly how some of the region’s largest infrastructure projects are being financed. Instead of tapping their treasuries or issuing sovereign bonds, governments are ...