Tag: Investment
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All Things Considered, 2020 Wasn’t a Terrible Year For China-Africa Trade
China's Ministry of Commerce (MOFCOM) released some updated figures last week on trade with Africa that tell a much more positive story than many would have assumed, given the sizable economic disruptions brought on by the COVID-19 outbreak. Total two-way trade ...
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 ...
French-Chinese Business Cooperation in Africa
Last month the China-Africa Research Initiative (CARI) at Johns Hopkins University hosted a French-language webinar that explored Franco-Chinese business cooperation in Africa. The discussion was conducted in French but now CARI has released an English-language summary of the key highlights from the three ...
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 ...
Conflict in Ethiopia Adds to Uncertainty Over the Stability of Chinese Investments in the Country
Veteran China journalist Mark K. Magsted's documentary podcast series "On China's Silk Road" featured an in-depth analysis in its latest episode, posted on Friday, about Chinese investments in Ethiopia and the new risks presented by the conflict in the Tigray region: ...
Africa and the China-Less Recovery
African policymakers will soon look back at the past ten years - the pre-COVID-era - with rosy nostalgia. How wonderful it was to sit under the Chinese tree and watch the fruits of loans, trade, and investment all fall with abundance. ...
Many Kenyans Surprised and Somewhat Perturbed That the Chinese Contractor Building the Nairobi Expressway is Going to Make a LOT of Money
The China Road and Bridge Corporation (CRBC), a Chinese state-owned construction company, is forecast to earn almost a billion dollars in profits over the 27 years that it will operate the new Nairobi Expressway that's now under construction. Details of the ...
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 ...
A Rare China-Africa News Interview on Mainstream U.S. Media
It's downright rare that a mainstream U.S. media outlet like CBS covers China-Africa related issues, especially in the run-up to a presidential election. Yesterday, though, the network ran an interview with Grant Harris, CEO of the political risk advisory firm Connect Frontier, who served as a special ...
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 ...