Tag: Investment
Related Posts
Barbados PM Pushes Back on BBC Journalist About China’s Growing Investments in the Caribbean
Barbados Prime Minister Mia Mottley took exception to questions posed by BBC journalist Zeinab Badawi in a recent interview for the program Global Questions that the Caribbean country is at risk of becoming a "pawn" of China due to rising investment. Even ...
An Update on the Current State of China-Zimbabwe Economic Relations
China's ties with Zimbabwe are either going off the rails or are among the strongest most dynamic in Africa depending on who you listen to. Mounting civil society anger towards Chinese companies and their apparent disregard for local labor and environmental ...
China’s Enhances Its Dominant Role in the Congolese Mining Sector With Massive New $2.5 Billion Investment
The state-owned China Molybdenum Co (aka China Moly) recently announced a massive new $2.5 billion investment in its Tenke Fungurume mine (TFM) in southeastern DR Congo that aims to double its copper and cobalt output, critical raw materials used to manufacture batteries for electric vehicles. ...
Ambassador: More Chinese FDI Going to the DR Congo Than Anywhere Else in Africa
Chinese companies have invested $176 million dollars in the DR Congo during the first half of this year, more than any other country in Africa, according to Ambassador Zhu Jing. That's basically the only takeaway from Ambassador Zhu's ...
The U.S. Senate Wants to Know What Washington Needs to Do to Be Competitive in Africa
A United States Senate subcommittee convened a hearing last week to discuss what the U.S. needs to do to be more competitive in Africa in terms of both trade and investment. While the hearing was ostensibly not intended to focus on ...
What Advice is a Loan Official From China’s Largest Bank Giving to Companies Looking to Invest in Africa?
Now that China has all but stopped large-scale lending for major infrastructure projects in Africa, there's a lot of confusion over what happens next. After all, Chinese lending has been the cornerstone of Beijing's 15+ year engagement strategy on the continent. ...
Major U.S. Conference on Africa Went All Day Without a Single Mention of the Word “China”
The 13th U.S.-Africa Business Summit kicked off on Tuesday with a number of online forums on issues like infrastructure development, COVID-19, and strengthening US investment on the continent. Several senior White House officials, African heads of state, and corporate leaders from both sides are taking part. Remarkably, ...
Pro Tip: Pay Attention to How Hunan Province Is Positioning Itself as China’s African Business Hub
Most people outside of China have never heard of Hunan Province and if they have it's largely because their neighborhood Chinese take-out joint is called something like "Hunan Palace." But not in the China-Africa space. ...
Welcome to the New Era of China-Africa Relations
China's apparent decision to bail on financing the $2.8 billion AKK pipeline in Nigeria is the latest evidence that Beijing's strategy to engage the continent has changed, a lot. This pipeline is now the third major project in Nigeria ...
An Agricultural Trade Comparison of Africa’s Development Partners: How Does China Measure Up?
Agriculture remains the backbone of many African economies since it accounts for approximately 60% of all employment, a main earner of foreign exchange, source of both savings and tax revenues and accounts for around 40% of the continent’s hard currency. The agricultural sector is the main source ...
Policy Brief: China Now Among Key Factors Complicating U.S. Foreign Policy in the Sahel
The growing presence of "malign Chinese and Russian activities and influence" is one of three key factors complicating U.S. foreign policy in the Sahel Region of Africa, according to a new policy brief from the Center for Strategic and International Studies in Washington, D.C. ...
Tanzania President Hassan is Talking to the Chinese Again About a Port Deal in Bagamoyo. But She Might Be Too Late.
Tanzanian President Samia Suluhu Hassan took everyone by surprise late last week when she announced that long-stalled talks with China about expanding the port of Bagamoyo are being resumed. Negotiations over a multi-billion dollar port deal with China Merchant Holdings (CMH) famously ...