Tag: Europe
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Morocco, Tunisia Vie to Become the “New China in Africa”
For years, European companies, like others, have been steadily moving their production from China to lower-cost, less complicated manufacturing hubs in Southeast Asia and other parts of the world. The massive disruption to global supply chains brought about due to the COVID-19 outbreak has only accelerated that ...
With an Eye on China, Europe Unveils New Africa Strategy
15 years after the European Union published its last strategy document for Africa, EU foreign policy leaders have come up with a new policy vision for the continent that officials unveiled on Monday. Officials say the "Comprehensive Strategy with Africa" aims ...
With 62 Million Subscribers in Africa, Chinese-owned Music Streaming Giant Boomplay Now Wants to Go to Europe
Boomplay is the unrivaled champion of Africa's streaming music market with more than 62 million subscribers across the continent. The Nigeria-based, Chinese-owned company utterly crushes the competition, especially global market leader Spotify that is only available in just five African countries.
European State Media Pose Tough Questions About Railway Financing in Kenya While Overlooking One Very Important Point
It's so interesting to see EU/US coverage of the SGR debt issue in Kenya when their state-run media channels constantly point out this new rail line is unprofitable. Sure, but consider that in 2018 Germany spent $13.3 billion to subsidize its rail operations.
Report: EU Should Follow Example Set by China’s Development Path in Africa
A new report reportedly calls for an urgent overhaul of the EU aid strategy in Africa or else risk it's "global standing." In a bit of an odd twist, the authors of the report, or the so-called group of "wise persons" (yes, that's what they're called, no ...
The US/EU/JPN All Seem to Want to Challenge China’s Development Push in Africa… But They’ll Never Admit It
The U.S., Europeans and Japanese have all convened Africa-focused development summits in 2019 and one theme has emerged from all of them: everyone is keen to catch up or somehow rival China's dominance of the African infrastructure and development space. ...
Japan the EU Sign an Ambitious Deal to Build Infrastructure in the Developing World With an Eye on Countering China
Japan and the European Union signed a so-called "connectivity partnership" to build infrastructure and set development standards in joint projects around the world. While neither the agreement nor the leaders from either side mentioned China by name, it's widely believed that this deal is intended, in ...
The Belt & Road Initiative: Bold Economic Agenda or Chinese Political Ploy?
In the U.S. and many parts of Europe, China's Belt and Road Initiative (BRI) is often seen as "Trojan Horse" where Beijing uses the lure of trade and investment to discretely extend its political influence around the world. https://youtu.be/WJdtdNcnEoU Not surprisingly, in China, those ...
Previewing the Upcoming FOCAC Summit Through the Media's Lens
With the Forum on China Africa Cooperation (FOCAC) summit now just weeks away, international press coverage of the event is now ramping up. Over the past several weeks, Eric & Cobus have done a number of interviews with journalists around the world about what ...
Wikileaks Reveals Failures of Western Aid in Africa
It really shouldn’t comes as a huge surprise that African governments have become tired of the West’s indulgent aid and development programs that place a significantly higher emphasis on “process” over actual results. No doubt though that the latest damning Wikileaks release will shock, SHOCK, many in the Washington aid ...