Tag: Infrastructure
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China’s Resources-for-Infrastructure Financing Mechanism is Evolving Into the “Sino-Africa Swap”
Decades before China embarked on countless Resource-for-Infrastructure deals in Africa, Japan pioneered the model in China as far back as the 1970s. The rapidly industrializing Japanese economy needed oil Chinese oil, minerals and other raw materials and China, one of the poorest countries at the time and ...
African Countries Increasingly Turn to Toll Fees to Repay Loans for New Expressways
Both Chinese and African stakeholders are embracing new infrastructure financing models for road construction that both avoids adding to already high debt levels in some countries while reducing risk for Chinese creditors. The Public-Private-Partnership (PPP) model, long a favorite of U.S., European and Japanese governments, now appears ...
Tweet of the Day: Emmerson Mnangagwa Toured the Construction Site of Zimbabwe’s New Parliament That’s Being Built and Paid for by China
Zimbabwe President Emmerson Mnangagwa and Vice President Constantino Chiwenga, who recently returned from months of medical care in China, toured the construction site of the new parliament building Harare that China is building and underwriting.
China and Zimbabwe Have Negotiated for Years to Modernize Zim’s Decrepit Railway. Now It’s Time to Get Something Done.
Zimbabwean Filmmaker Zororo Makamba breaks down in easy-to-understand terms how the country's rail network has fallen into such a state of disrepair, despite years of efforts to revitalize it. Makamba argues that it's critical that the government work with Chinese and other partners to find a way to ...
China’s Unrivaled Speed Advantage in Africa
With the first tranche of the $649 million financing now available, Ghana is moving very fast to build the infrastructure projects promised as part of the controversial bauxite deal that it recently finalized with the state-owned Chinese construction conglomerate Sinohydro.
Ghana’s Risky $2 Billion ‘Roads for Resources’ Gamble with China
Ghana is moving forward with an environmentally-risky resources-for-infrastructure deal with the Chinese state-owned construction conglomerate Sinohydro. According to the agreement, Ghana will provide 5% of its bauxite reserves to Sinohydro in exchange for a $2 billion package of infrastructure that includes ...
Without the Chinese, Uganda is Going to Find Out if Anyone Else Wants to Loan Them Money to Refurbish a Railway
After failing to secure a $2.2 billion loan from the Chinese to build a new Standard Gauge Railway (SGR) to replace the country's decrepit century-old colonial-era railway, Uganda is now looking to secure funding for a much more modest refurbishment of its 1,266km system. ...
Will China or the U.S. Build the New Mombasa-Nairobi Expressway? Confusion Swirls Amid Conflicting Headlines
The United States ambassador to Kenya, Kyle McCarter, blasted a report in the Friday edition of the Kenya Star newspaper that claimed the "U.S. government had ditched" the planned Mombasa to Nairobi expressway project and that the Kenyan government was now looking to Chinese ...
Tanzania Tells China Merchants Holdings: “Take It or Leave It!”
Tanzanian President John Magufuli seems to be taking a page from Malaysian Prime Minister Mahathir Mohamad's playbook on how to negotiate with the Chinese. Mahathir last year, if you recall, abruptly canceled a multi-billion dollar rail and oil pipeline deal with the Chinese, calling them ...
Kenya’s Newest SGR Line is Up and Running But Bad Roads Means No One Can Actually Get to the Stations
Two days after the high-profile launch of Kenya's Standard Gauge Railway line between Nairobi and Naivasha, the trains are running largely empty as very few passengers can actually get to the stations due to the poor condition of the roads. Nearby ...
Three East African Countries to Introduce New Tolls to Pay Back China for Road Building Loans
Kenya, Tanzania, and Uganda have all announced plans to begin charging toll roads on certain expressways built with Chinese financing. The proposed fees, according to UK-based infrastructure industry publication ITS, is apparently intended to generate the necessary funds to repay Chinese lenders.
Tweet of the Day: Kenyan Truckers Claim SGR is Too Costly, But That’s Shortsighted Says Expert
Dr. Zhengli Huang is a Research Associate in the Department of Urban Studies and Planning at the University of Sheffield. She's an expert on China's impact on African urban development and has experience in ...