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New Stats Reveal China-Africa Trade, Aid Flows Rose in 2019, But FDI Kept Falling

Researchers at the China-Africa Research Initiative at Johns Hopkins University in Washington, D.C. published a highly-anticipated update on Wednesday to their data sets that track Chinese economic engagement with the continent. The new figures for 2019 can't be summed up in a single, simple narrative. While trade and foreign aid both increased ...

Billions of New FDI Flowing Into West Africa. Where’s the Chinese Money Going?

$1.46 billion of new foreign direct investment made its way to Nigeria in the third quarter of 2020, according to new data from the National Bureau of Statistics, but very little is coming from China. In fact, China (ex Hong Kong) wasn't among the list ...

How U.S.-Africa Policy Is Adapting To Competition With China

Recently, the Atlantic Council’s Africa Center and the Policy Center for the New South launched a pair of reports on external power competition in Africa, with one focused on traditional powers and the other on emerging powers in the region. One ...

Report: Chinese FDI Trends in the COVID-19 Era Raise Implications for BRI Partner Countries

The London-based think tank Overseas Development Institute published its first Economic Pulse report detailing Chinese overseas investment patterns during the pandemic and what the implications are for countries along the Belt and Road. The report contains a mix of ...

U.S. Election: Africans Hope Biden Will Warm Up Relations with Continent

Re-balancing ties between the United States and China emerged as one of the key themes in the stream of analysis that flowed all weekend from African journalists and analysts after Joe Biden formally won the U.S. presidential election. Many commentators from ...

How’s the Belt & Road Doing During the Pandemic? Well, the Answer Depends on Who You Ask

There are conflicting assessments of the health of China's Belt and Road Initiative and how it's fared during the past 7-8 months amid the ongoing COVID-19 pandemic. A new report from the London-based analytics and consulting firm ...

Report: Number of Chinese Workers in Africa Has Steadily Fallen Since 2015

Reduced Chinese lending activity in Africa has prompted a steady exodus of Chinese laborers from the continent over the past five years, according to a new report published by the Beijing-based consultancy Development Reimagined and The Oxford China International Consultancy.

Twenty Years of FOCAC

It was mostly overshadowed by the debt crisis in places like Zambia, but last week saw a major milestone in China-Africa relations. It was the twentieth anniversary of the Forum on China-Africa Cooperation (FOCAC). In some ways, FOCAC kicked off a sea change in Africa’s position in ...

Africa’s Richest Man, Alika Dangote, Shares His Perspective on the Impact of China’s Presence in Africa

Chinese businesses are coming to Africa for "what they need" and are not challenging local enterprises in Nigeria and Africa more broadly, according to the founder and president of the Dangote Group, Alika Dangote, in an interview with the Nigerian business TV program "Moneyline ...

Transsion’s VC Fund Makes First Investment in an African Fintech Start-Up; the Chinese-owned Opera Mobile Browser Well Positioned to Capitalize on Financial Services

International interest in Africa's burgeoning fintech sector dropped considerably in the first half of the year due to the ongoing COVID-19 pandemic but now we're starting to see some of the first signs of interest from Chinese VCs and other investors.

Chinese Companies Went on a Global Buying Spree in Q1 But Just Not in Africa

The London-based analytics firm GlobalData released a new report this week that highlights how Chinese companies are looking to buy distressed assets around the world as prices slump due to the deteriorating global economy. The Chinese appear eager to ...

New Study: African Countries Among Most at Risk to Economic Consequences of Coronavirus Outbreak

A new study published today by the London-based think tank Overseas Development Institute explores the economic impact of the burgeoning coronavirus outbreak in China on those countries around the world with the highest levels of exposure to the Chinese economy. Not surprisingly, many of ...
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