Tag: Republic of Congo
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Heard About Those Escrow Accounts Used to Secure Chinese Loans in Africa? Here’s What They Look Like in Action
There's been a lot of discussion in recent years about how Chinese lenders required high-risk borrowers in Africa and other developing countries to put large pools of money in offshore escrow accounts as a kind of insurance measure that guaranteed the creditor would be repaid. ...
Backgrounder: China-Australia Iron Ore Fight
The Australian-based company Sundance Resources is suing the China-linked Australia-based AustSino for malpractice and corruption over the Mbalam-Nabeba iron project on the border of Cameroon and the Republic of Congo. The court case has led to eye-popping allegations, including that the dispute ...
Gabon Takes Action Against Chinese Logging Company Following Damning Report
The Gabon government has suspended the logging license at two sites run by a large, privately-owned Chinese logging company that allegedly engaged in widespread illegal activities, according to a report by Agence France Presse. The Dejia Group was singled out last month in ...




