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A Chinese Debt Trap in Nigeria? Hardly!

Back in May, the online Nigerian financial news site Nairametrics ran an article with the frightening headline: "Nigeria is falling into China’s debt trap." This, of course, is nothing new. Many Nigerians, along with countless others across Africa, now firmly believe that China ...

One of the First Classes of Nigerian Railway Engineers Graduates From University in China

One of the first classes of Nigerian railway engineers graduated this weekend from China's Central South University (中南大学)in Hunan and will soon return to help manage the new Chinese-built railways back home. ...

CARI Slides From Last Week’s Presentation Now Available Online

If you missed last Thursday's webinar by the China-Africa Research Initiative (CARI) at Johns Hopkins University about Chinese debt relief in Africa, the slides used in the presentation are now available online. Since CARI's data and analysis on the Chinese debt ...

Ed Cropley: China is Caught in a Zambia Debt Trap

Contrary to widespread perception, Zambia is not ensnared in any kind of Chinese debt trap, argues Reuters Breakingviews columnist Ed Cropley in a recent op-ed video published on the news agency's YouTube channel.  Quite the opposite, in fact. If anyone's caught ...

Lots of Confusion Over Nigeria’s Debt Profile

Washington, D.C.-based Eurasia Group Africa Practice Director Amaka Anku sought to clarify a key point of confusion that emerged last week, when the Nigerian Ministry of Finance released a report stating that the country's debt servicing costs was equivalent to all of the revenue generated by the ...

Analysis from Cobus van Staden

How a Port Expansion in a Tiny, Self-Declared African Country Reverberates Around the World

One of the key discussions in the run-up to the Forum on China-Africa Cooperation summit is whether China is stepping away from funding large-scale infrastructure projects like roads and ports. 

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Debt Trap? What Debt Trap? Nigeria Doesn’t Borrow Anywhere Near Enough From China to be Caught in a Trap Says Government

Amid all of the talk of Chinese debt traps and moves by Nigerian legislators to review the past 20 years of loan contracts with China, the country's Debt Management Office (DMO) in Abuja wants to clarify a few things. The DMO on Friday published a short statement ...

Kenyan Government’s Hiring of the State-Owned Chinese Company Used to Build the SGR Ruled Illegal by Court of Appeals

Kenya's Court of Appeals dealt a devastating blow to the government and its national rail company when it ruled on Friday that the $4.7 billion (Ksh 500 million) contract with the state-owned China Road and Bridge Corporation (CRBC) was illegal and violated the constitution. ...