Sep 16, 2018
Nairobi-based international development economist Anzetse Were suggests in a new paper for the South African Institute of International Affairs that Kenya's leaders, not China, should be the ones held accountable for borrowing too much money without a detailed, transparent plan on how to repay the loans.
She joins Eric...
Aug 4, 2018
W. Gyude Moore, Liberia’s former Minister of Public Works, recognizes that African countries are taking a huge risk by piling on ever-larger amounts of Chinese debt, but he thinks it’s worth it if the new roads, bridges and industrial parks can help spark economic growth needed to employ the continent’s...
Jun 24, 2018
For the past year or so, senior U.S. government officials been
accusing China of engaging in so-called “debtbook” diplomacy, a
tactic that Washington contends intentionally burdens developing
countries with billions of dollars of loans. When these countries,
many of them some of the poorest in the world, invariably...
May 26, 2018
A sizable portion of the 200+ billion dollars in China-Africa
trade is the stuff that fills store shelves and market stalls
across the continent. Clothes,
electronics, cars, pots & pans, glasses and pretty much
everything else that one can imagine is made in China and shipped
to Africa. While these low-cost imports give...
May 5, 2018
China’s infrastructure building spree in Africa is now visible
in dozens of countries across the continent. Big signs that
advertise the names of Chinese state-owned contractors hangover
construction sites for roads, railways, airports and other
projects. But out of sight, the Chinese are also leading...