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Amid Mounting Chinese Debts, “President Lungu is Running Out of Options.”

A bombshell report in Africa Confidential this reveals that Zambia has borrowed significantly more from Chinese companies than previously reported and now those Chinese creditors are not in much of a mood to negotiate or reschedule those debts.

Huawei’s Share of the African Smartphone Market Declines Due to U.S. Pressure

While Huawei dominates Africa's telecom networking market, its share of the booming smartphone market has always lagged behind other Chinese competitors, namely Shenzhen-based Transsion who controls more than 50% of the African market. Now, according to a report in today's ...