Tag: Nigeria
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This Tweet Shows Why the U.S. Effort to Dislodge Huawei in Africa is Just Not Going to Work
Nigerian Foreign Minister Geoffrey Onyeama posted a tweet on Wednesday that showcased the depth of Huawei's ties in Africa's largest market and why it is going to be extremely difficult for the United States to get Nigeria or other African countries to abandon the Chinese ...
A New Chinese-Built Road in Nigeria Highlights Why Infrastructure is So Important For Local People and, More Importantly, Politicians
Both truckers and workers are celebrating the opening of a new, modern road that leads to the Ogun-Guangdong Free Trade zone in western Nigeria. The recently opened road has dramatically improved transport times for cargo and made it much easier for thousands of workers to get to ...
As Nigeria’s Debt Steadily Grows, China’s Share Shrinks — Yet Somehow Lots of People Still Worried About “Debt Traps”
Nigeria's Debt Management Office (DMO) announced late last week that the country's external debts will increase to $83 billion due to $2.5 billion of new loans provided by the World Bank and the Export-Import Bank of Brazil to help mitigate the effects of the ongoing ...
The U.S. Tries to Repackage What’s Effectively a Zoom Call Into Secretary Antony Blinken’s “Virtual Travel to Africa”
U.S. Secretary of State Antony Blinken will "embark on his first virtual trip to Africa" on Tuesday as part of an effort to reach out with young people in Kenya and Nigeria. Even though the State Department ...
Africa Check (Again) Tries to Debunk Misperceptions About Nigeria’s Debts to China
Concerns over Chinese debt sustainability in Nigeria have resurfaced recently due to the government's jump-starting the construction of a $5.3 billion standard gauge railway that will be built and financed through concessional lending by the Chinese government. Also, a ...
Nigerian Minister Blames “Selfish Lawmakers” for Jeopardizing Chinese Railway Loans
Nigeria's outspoken Transportation Minister Rotimi Amaechi accused lawmakers in the House of Representatives of being "selfish" for launching a probe into a 2018 Chinese loan agreement. Representatives erroneously thought that the waiver of a sovereign immunity clause in the loan contract ...
Will Chinese-Made COVID-19 Vaccines Find Acceptance in Nigeria?
It is widely accepted that vaccination is one of the most important achievements in public health. Yet, in the face of this ‘consensus’, vaccines are constantly challenged by individuals and groups on religious, and even political grounds. The determinants around vaccine ...
Someone Paid a Huge Ransom to Free the Crew of Chinese Fishing Vessel Taken Captive in the Gulf of Guinea
The Nigerian Navy reports that the crew of a pirated Chinese fishing vessel was recently released following the payment of a $300,000 ransom. The crew had spent a month in captivity The 14-member crew, including six Chinese nationals, was kidnapped off the ...
Analyst: Nigeria on the Cusp of a Debt Crisis, But Loans From China Not to Blame
The Nigerian Debt Management Office on Monday revealed that it has $5.8 billion of borrowed money on its books that it hasn't disbursed. This prompted new worries among some financial analysts that the actual debt-to-GDP ratio has surpassed 100%, meaning that the country has taken on so ...
Counterpoint: Why Some in Africa Remain Frustrated With the U.S. and Choose to Embrace China Instead
While U.S. stakeholders are working to figure out what they want to do in Africa, they would be advised to listen carefully to some of the widely-held frustrations about America's less-than-supportive attitudes towards the continent over the years, which bubbled to the surface during the Trump administration. ...
China & The Geopolitics of COVID Vaccines in Africa
COVID-19 vaccines are finally starting to make their way to the world's poorest countries as production of Chinese, Russian and Indian jabs ramps up. But it's the large-scale distribution of Chinese vaccines that's causing a lot of people around the world, ...
After Upbeat Meeting With President Buhari, Wang Yi Leaves Nigeria For the DR Congo
Visiting Chinese Foreign Minister Wang Yi met with Nigerian President Muhammadu Buhari on Tuesday before leaving for the Democratic Republic of the Congo as part of the FM's five-nation week-long Africa tour. The meeting seemed upbeat,