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How China’s Economic and Security Interests Converge in Africa

China-Africa trade smashed a new record in 2021 and surpassed $250 billion. This was a dramatic increase over the $187 billion that the two sides the previous year. But those enhanced trade ties come as ...

Analysis from Cobus van Staden

The Big Chill

Over the last few years, we’ve seen increasing hand-wringing in Western capitals about how the money China is spending in the Global South translates into direct political influence. This week research was published that quantifies the issue.

A new report by Foreign Policy Research Institute tracked how increased Chinese spending (both loans and foreign direct investment) in African countries aligns with those countries’ voting in the United Nations General Assembly ...

Construction of an Important Sino-Nigerian Infrastructure Experiment is Almost Finished, Says Transportation Minister

Nigeria's Transportation Minister (and likely presidential candidate) Rotimi Amaechi conducted a site visit on Saturday of the massive Lekki Deep Seaport project in Lagos where he said construction is now 80% finished. He added that he's expecting Chinese contractors to finish ...

WEEK IN REVIEW: Three Chinese Warships Head to Gulf of Aden For Anti-Piracy Mission

Three Chinese warships left Guangdong on Saturday and are now making their way to the Gulf of Aden to take part in anti-piracy operations off the coast of Somalia. However, the key question is how long they'll stay. After 14 years, the Somali government now appears to have ...

China-Africa Trade in 2021 Amounted to $254 Billion, Breaking an All-Time Record

Two-way China-Africa trade surged last year to a new record of $254 billion, an impressive $67 billion increase from the 2020 total of $187 billion, according to data released by China's customs agency on Tuesday. Last year's supply ...

African Governments Need to Prepare For a New Era of Chinese Lending That Will be Smaller and More Targeted, Says Analyst

The recent pullback in Chinese lending for African infrastructure development makes sense, given debt sustainability problems in more than a third of the countries across the continent, explained Damilola Akinbami, the Lagos-based head of research at Financial Derivatives Company in an interview on the ...

It’s Difficult to Overstate Just How Much the “Debt Trap” Accusation Irks Chinese Officials

Wu Peng, China's top diplomat for sub-Saharan Africa, on Wednesday posted a tweet that featured a week-old video of Nigerian President Muhammadu Buhari defending his decision to borrow from China. Wu didn't include any other reference in ...

Chinese, Nigerian Security Officials Meet to Discuss How to Better Protect Chinese Expats in the Country

High-level Chinese and Nigerian security officials met on Monday in Abuja to discuss how to reduce crime and violence against Chinese nationals residing in Nigeria. Yin Guohai from China's powerful Ministry of Public Security along with Ambassador Cui Jianchun held talks ...

WEEK IN REVIEW: Mounting Anxieties About the Security of Chinese Personnel in Nigeria

Officials from China's powerful Ministry of Public Security met last week with Chinese diplomats in Nigeria and expatriate business leaders to discuss how to better protect Chinese personnel and enterprises operating in the country. More than 120 people, including Ambassador Cui Jianchun, attended the special meeting. It's the ...

Unlike Many Other African Currencies, the Zambian Kwacha Had a Great 2021, Buoyed by Hope for a Debt Deal

While currencies like the Kenyan shilling and the Nigerian naira lost value in 2021, the Zambian kwacha enters the new year with some serious momentum. The kwacha surged 27% last year, mostly on the hope that President Hakainde Hichilema will turn around the economy ...

Nigeria’s Debt Crossed the $90 Billion Threshold… But Not Because of Chinese Loans

Nigeria's total debt, both external and domestic, edged up by 4% to $92.6 billion as of the end of September according to the latest data from the Debt Management Office (DMO).  The DMO said the increase was due largely ...

Nigeria’s Controversial Transport Minister Will Likely Run For President Touting the Success of New Chinese-Built Railways

Nigeria's high-profile and rather controversial transportation minister Rotimi Amaechi is under mounting pressure from political allies to run for president in the upcoming election scheduled for 2023. And if he does run, there are indications he's going to put ...
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