Tag: Infrastructure
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Chinese Stakeholders in Uganda Really Want to Change the Conversation About the Entebbe Airport
Both the Chinese embassy in Kampala and the Chinese contractor responsible for upgrading the Entebbe International Airport have been working hard this week to move the conversation away from the debt trap story that dominated the headlines over the past three weeks.
Two Years Late, Lagosians Want to Know Where’s Their New Chinese-Built Airport Terminal
Work on the new international terminal at Murtala Muhammed International Airport in Lagos is almost done. In fact, China Civil Engineering Construction Corporation (CCECC) says it's 95% finished. Yet, the new facility is still not open and that has people in Nigeria's largest city asking what is going ...
Chinese Contractors Begin Work on One of the DR Congo’s Most Important Roadways
Chinese contractors in the Democratic Republic of the Congo kicked off an upgrade of National Route 1 (RN1), arguably the country's most important highway. It begins in the capital Kinshasa in the far West and snakes 2,000+ kilometers to the southern hub of Lubumbashi. ...
Don’t Worry Africa… China Isn’t Going to Seize Your Assets, But They’re Also Not Going to Forgive Your Debts
There is a sense of anxiety over Chinese debt in several African countries and beyond. From Zambia to Kenya, Uganda, and now even in the small Balkan country of Montenegro. Repeated assurances from China and borrowing countries that the debt situation is under ...
With China on the Sidelines, What’s Next for African Infrastructure Financing?
For much of the past two decades, China was among the largest sources of African infrastructure financing. But that is no longer the case. In his recent keynote address at the Forum on China-Africa Cooperation conference in Senegal, Chinese President Xi ...
As the Nairobi Expressway Nears Completion, New Concerns That It Will be Just a “Road for the Rich”
The Kenya National Highways Authority (KeHNA) is trying to reassure the capital's beleaguered motorists that the nightmare traffic congestion caused by construction of the 27-kilometer Nairobi Expressway will soon be over. KeHNA officials said this week that the work is now 70% complete and China ...
China Remains Africa’s Largest Source of FDI and Job Creation, Says EY’s Annual Investment Report
China was the leading source of foreign direct investment in Africa from 2016 to 2020 in terms of both jobs and capital invested, but third behind the United States and France in terms of the number of projects, according to Ernst & Young (EY)'s ...
New Report Isn’t Optimistic About Chinese Development of Wind and Solar Power Projects in Africa… At Least For Now
Chinese President Xi Jinping spoke at length last week during his keynote address at the Forum on China-Africa Cooperation conference in Dakar about the need to promote green energy development in Africa. The continent lags far behind the rest of the world in the use ...
In State of the Nation Address, Kenyatta Called For Kenya to Become the World’s Next “Asian Miracle”
Kenyan President Uhuru Kenyatta delivered his eighth and final State of the Nation address on Tuesday and used the occasion to justify the massive expansion of the country's debt as part of his plan to accelerate economic growth, much the same way a small group of Asian ...
On the Eve of FOCAC, China Publishes White Paper That Details Ties With Africa
The Chinese government laid out an ambitious blueprint for its ties with Africa detailed in a 36-page white paper published by the State Council (China's equivalent to the cabinet in the U.S.) on Friday, just two days before the opening of the eighth FOCAC ...
Bad Journalism and a Poor Understanding of International Contractual Law Triggers Uproar in Uganda Over Chinese Loans
Officials from both the Chinese and Ugandan governments took to Twitter over the weekend to furiously denounce a report published late last week in the Daily Monitor newspaper, which erroneously claimed that China will seize the Entebbe International Airport as a result of defaulting on ...
Why FOCAC Matters Beyond Africa and China
By Lukas Fiala, China Foresight LSE IDEAS Final preparations are being made in Dakar, Senegal, ahead of this year’s Forum on China-Africa Cooperation (FOCAC) ministerial summit on the 29th and 30th of November. Next Monday, delegations of almost every African country will meet Chinese counterparts in the West ...