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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.  So it was particularly interesting to see the announcement this week of ...

Africa Accounts For Just 1.7% of China’s Total Global Investment Stock, Says MOFCOM

Even amid the pandemic, Chinese investment overseas last year increased by 12.3% to $153.71 billion, according to a new report published last week by the Ministry of Commerce, National Bureau of Statistics, and the State Administration of Foreign Exchange. 2.8% of ...

Week in Review: Debt, Arrests and Market Expansion

Zambian President Hakainde Hichilema will head to Washington soon to meet with officials from the IMF and World Bank in an effort to secure a new financing package. The Zambian leader spoke at the UN this week and met with U.S. Vice President Kamala Harris in New York.While President ...

China Will No Longer Build Coal Power Plants Overseas, Xi Tells UN

China's long history of building coal-fired power plants in developing countries around the world is now over, said President Xi Jinping in a short, 15-minute video address to the United Nations General Assembly. "China will step up support ...

One Dead, Another Injured Following a Violent Gang Robbery of a Chinese-Owned Warehouse in Nairobi

The Chinese embassy in Nairobi is working with local law enforcement to determine who was responsible for a brutal gang robbery of a Chinese-owned warehouse in a Nairobi suburb. Two Chinese nationals were sleeping in the warehouse when the gang broke in last Friday, ...

Analysis from Cobus van Staden

China’s Climate Role in the Global South

I don’t know about you, but I’m suffering from COP26 stress. There’s so much riding on the global climate summit happening in Glasgow at the end of the month that it’s sometimes difficult to remember we face a few other pressing issues too. 

To this point, Foreign Affairs this week published a poll asking a stellar group of experts whether American foreign policy is too hostile to China. Not surprisingly they got ...

Hichilema Calls For Mining Policy Review But Stays Mum on the Chinese

Zambian President Hakainde Hichilema (photo) called for a review of the country's mining policies on Friday in his first address to parliament since he assumed office last month. But for now, he's not proposing a Congolese-style review of foreign ...

China-DR Congo Trade Up 97% Compared to Last Year

TWEET TRANSLATION: China-DRC trade totaled $7.76 billion in the first seven months of the year, up 97% year-on-year, and the Congolese side recorded a trade surplus of $4.75 billion. During this period, Chinese companies invested $198 million in the DR Congo.

China’s Ambassador to Uganda Wants to Show a Different Side of Chinese Labor Relations in Africa

China's recently-arrived ambassador to Uganda, Zhang Lizhong, travelled to the central city of Kapeeka on Sunday to visit factories in the Liaoshen Industrial Park in what appears to be an effort, in part, to convey an alternative narrative to the one that's become popular ...

Even Amid a Pandemic, Chinese FDI in Africa Jumped Almost 10% Last Year

Chinese foreign direct investment in Africa increased by 8% in 2020 compared to the previous year, from $2.7 billion to $2.96 billion. Including the 2020 investments, the total Chinese FDI on the continent amounts to $47.4 billion, according to data in a new report published by the ...

Now That Chinese-Owned OPay Has Become Africa’s Third Tech Unicorn, the Magnitude of What Happened Last Week is Starting to Settle In

When the Chinese-owned African mobile money app OPay wrapped up a massive $400 million investment round led by Japan's Softbank and a who's who of Chinese venture capital firms, the magnitude of what happened hadn't really registered. Those investors now value ...
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