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China Remains Africa’s Largest Source of FDI and Job Creation, Says EY’s Annual Investment Report

China was the leading source of foreign direct investment in Africa from 2016 to 2020 in terms of both jobs and capital invested, but third behind the United States and France in terms of the number of projects, according to Ernst & Young (EY)'s ...

A Week After FOCAC, Experts Weigh in with More Nuance

While much of the news coverage in the immediate aftermath of this year's FOCAC focused on the premature calculation that China had reduced its financial pledge by a third, now, a week later, more nuanced analysis from some of the world's leading specialists in the field is ...

The Uganda Airport Story and FOCAC Spark More “Bad Takes” in Both Chinese and African Media

The editors at Nigeria's Punch newspaper are apparently still unaware that the story about Uganda's Entebbe International Airport being seized by China as part of a debt default is not true. If they knew that the rumor had been conclusively debunked, ...

New Report Isn’t Optimistic About Chinese Development of Wind and Solar Power Projects in Africa… At Least For Now

Chinese President Xi Jinping spoke at length last week during his keynote address at the Forum on China-Africa Cooperation conference in Dakar about the need to promote green energy development in Africa. The continent lags far behind the rest of the world in the use ...

With FOCAC Now Over, Chinese FM Wang Yi Turns His Attention to China’s Forum With LatAm and the Caribbean

Within days of the conclusion of the Forum on China-Africa Cooperation in Dakar, Chinese Foreign Minister Wang Yi pivoted to focus on a similar ministerial forum with his counterparts from Latin America and the Caribbean. Wang last Friday chaired the third Ministers' Meeting of the Forum 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 ...

Pentagon Spokesman Struggles to Explain Claim That China is Planning to Build a Military Base in Equatorial Guinea

Pentagon Spokesman John Kirby (photo) struggled to answer reporters' questions on Monday about the allegations published in a Wall Street Journal article that China is planning to build a military base on Africa's Atlantic coast, most likely in Equatorial Guinea. Reporters at ...

China’s New Ambassador to Tanzania Signs on to Twitter

China's new ambassador to Tanzania, Cheng Mingjian, is the latest Chinese envoy to open a Twitter account. There are now 51 Chinese diplomats in Africa that use the platform. Click here for a complete list ...