Tag: Transparency

One of the central issues in the current Zambian debt crisis is a lack of transparency that makes it largely impossible for investors, policymakers, and constituents on all sides to know what's really going on. The Chinese government and creditors are among the worst in this regard. ...

China's Ministry of Commerce (MOFCOM) blamed heightened nationalism, protectionism and populism among U.S. and European governments for the growing lack of trust among Africa's international creditors.  "While China is actively promoting the implementation of the G20 "debt relief initiative," Western countries ...

The China Development Bank's (CDB) announcement yesterday that it will allow Zambia to push back an interest payment that was due last Sunday to next April was an unexpected development. After all, we haven't seen China's powerful policy banks publicly demonstrate ...

With China-U.S. ties rapidly deteriorating, the South China Morning Post's "China Briefing" columnist Wang Xiangwei mused in his latest article on Saturday what Beijing could do to resuscitate its tattered international reputation as it embarks on a new era in its relationship with Washington. 

For much of the past two decades, China’s engagement in Africa has been steady, rather predictable and largely uneventful. That is, until this year. The China-Africa relationship is facing an unprecedented mix of challenges today ...

Transparency is a loaded word in the development business.  The idea that aid and investments in places like Africa should be subject to external audits and review is a sacrosanct principle within the industry.  Never mind the irony that organizations like USAID, the United Nations and the World Bank among ...