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Tweet of the Day: African Expatriates in China Join the Frontlines to Help Contain Coronavirus Outbreak

University of Oslo China-Africa scholar Heidi Østbø Haugen shared a compelling image on Twitter yesterday of an increasingly common theme that we've been seeing recently in Chinese state-run ...

Everything’s Still OK For Now Warns South African Economist… Coronavirus-Induced Economic Pain is Coming

The more that the free movement of people and goods between South Africa and China shuts down due to the coronavirus outbreak, the great the threat to the South African economy, warned Nedbank economist Walter de Wet on Monday. A lot ...

New Study: African Countries Among Most at Risk to Economic Consequences of Coronavirus Outbreak

A new study published today by the London-based think tank Overseas Development Institute explores the economic impact of the burgeoning coronavirus outbreak in China on those countries around the world with the highest levels of exposure to the Chinese economy. Not surprisingly, many of ...

Economic Shockwaves from the Coronavirus Crisis in China Are Now “Battering” Africa: Investment Firm

Even though Africa has so far been spared an outbreak of Novel Coronavirus, economies across the continent are beginning to grapple with the costly implications for what this viral contagion is doing to their largest trading partner and overall demand for the raw materials that most African ...

How Can the International Community Help Africa to Combat Novel Coronavirus?

Africa is at risk of an outbreak of coronavirus, even if, so far, there are no confirmed cases of the virus. Several days ago, the World Health Organization declared that a coronavirus outbreak as a “Public Health Emergency of International Concern (PHEIC)”. Tedros Adhanom, Director-General of ...

Analysis from Cobus van Staden

China’s African Debt Experiment

The Financial Times today published a deep dive into the issue of Chinese lending to African countries and what struck me was how it crystallizes some of the underlying issues that aren’t necessarily made clear in the debt debate.

In the first place, it shows that Africa’s need for financing far outstrips both the available financing options and the continent’s current ability to repay them. The Calvinist logic that underlies much of ...

Ethiopian Airlines CEO: Stopping Direct Flights to China is Not an Option

It looks increasingly unlikely that Africa's largest airline, Ethiopian Airlines, will join most other African airlines and temporarily halt direct flights to China due to the coronavirus outbreak. While six of eight African carriers have stopped flying to China out of fear of transporting passengers infected with the ...

China and Rwanda Sign Loan Deal for New Hydroelectric Power Plant

The China Exim Bank will provide a $214 million concessional loan to Rwanda to build the 43.5mw Nyabarongo II  power plant in the southern Muhanga District, according to a report in industry news site Energy Voice. The deal also includes a substation and a 110 Kv ...