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Lithium Sector Leads Big Increase in Chinese Investment into Zimbabwe

Licenses issued by the Zimbabwean government could lead to $2.79 billion in Chinese investment flowing into the country. The funding will mostly go to the mining and energy sector. Zimbabwe has one of the largest deposits of lithium in the world ...

WEEK IN REVIEW: Algeria Formally Applied to Join BRICS Bloc and Pledged $1.5 Billion to New Development Bank

Algeria formally applied to join the BRICS bloc and pledged $1.5 billion to become a shareholder in the group's New Development Bank. The offer came at the end of President Abdelmadjid Tebboune's five-day visit to China on Friday, when he also met with Huawei founder Ren Zhengfei in Shenzhen. 

Can Zimbabwe Emulate Indonesia’s Tough Approach to Chinese Miners?

The Chinese mining company Zhejiang Huayou Cobalt is chafing under pressure from the Zimbabwean government to convert its lithium mining operation in the country into a plant producing battery-grade lithium within five years. The company at present, only has plans to build a ...

China is Now Zimbabwe’s Biggest Investor

Over the past three years, China invested over $2 billion in Zimbabwe and is now the Southern African country’s largest foreign investor.  This was the main takeaway of a symposium on the economic benefits of Zimbabwe-China relations, which took place in ...

Zimbabwe’s President and Chinese Business Community Warn of Western Undermining

The Zimbabwean president, Emmerson Mnangagwa, and Chinese companies active in the country are both issuing dark warnings that Western governments are paying NGOs to undermine them. This comes against the background of a months-long standoff between Chinese mining and other companies, and a coalition of NGOs alleging labor and environmental abuses. 

Analysis from Cobus van Staden

Plugging into African Agency

After several years of declining funding, the African end of the Belt and Road Initiative seems to be roaring back. The newest Griffith University/Green Development Finance Center data on the Belt and Road Initiative shows that engagement with Africa jumped by 395%, while a few big projects boosted engagement in Nigeria alone more than twelvefold.
These shifts indicate a window of opportunity for African electrification. 60% of Africans still ...

WEEK IN REVIEW: Zimbabwean Government Accuses the U.S. of Paying Local Journalists to Write Negative Stories About China

The Zimbabwean government is once again accusing the U.S. of paying local journalists to write negative stories about Chinese investment in the country. The state-run Herald newspaper reported on Tuesday that the U.S. embassy in Harare is working with the opposition MDC party to foment opposition to Chinese ...