When it was announced in 2023 that the African Union would become a full member of the G20, I darkly joked on a podcast that the AU’s entry into the body could very well mark the moment the G20 lost its status as one of the most important global coordination forums. Mark my words, I said, soon The Economist will be like “Uhhh, the G20 is OVER – it’s the ...
Tag: Kenya
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Kenya’s Chinese Debt Swap Comes With a Hidden Currency Risk
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By Elisa Gambino and Costanza Franceschini For most of the past 25 years, Chinese construction companies operating in Africa could count on generous financial backing from Chinese banks. Between 2000 and 2019, Chinese funders committed almost $50 billion to African transport ...
African Countries Should Stop Being Questioned About Their Diplomatic Engagements
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Pew Survey: Global South More Concerned About U.S. Than China
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Kenya or Tanzania? Chinese Investors in Africa Face a Clear Choice
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How Chinese EVs Are Powering Africa’s Mobility Revolution
Chinese e-mobility technology is poised to transform large swathes of Africa's transportation ecosystem in the coming decade, but in very different ways than in other regions where EVs are the primary focus. Bicylces, scooters, tricyles, tractors, cars, minibuses, and full-sized coaches, all ...
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The popular East Africa-based Chinese online commentator Xiao Nie “小聂说事儿,” who chronicles daily life of Chinese immigrants on the continent, recently published an article addressing common biases about Africa’s consumer market. The piece was written in response to a flood of comments on a previous ...
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Chinese overseas development finance is unrecognizable from what it was just a few years ago. After suffering tens of billions of dollars in losses, Chinese lenders have moved to de-risk their lending to countries in Africa, Asia, and across the Global ...
China and Kenya Pledge to Upgrade Ties, Oppose Tariffs
China and Kenya agreed on Thursday to boost ties to a new level and oppose trade barriers, following talks between President Xi Jinping and his Kenyan counterpart, William Ruto, in Beijing. Relations between Beijing and Nairobi will be upgraded to a ...
China and Kenya Pledge to Upgrade Ties, Oppose Tariffs
China and Kenya agreed on Thursday to boost ties to a new level and oppose trade barriers, following talks between President Xi Jinping and his Kenyan counterpart, William Ruto, in Beijing. Relations between Beijing and Nairobi will be upgraded to a ...