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Nigeria to China: we want to climb up the value chain
Is the honeymoon of the unofficial Africa-China wedding over? Last week, the Nigerian Central Bank voiced its discontent about the unfavorable trade balance with China – and made it clear Nigeria was...
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Zambia: troubled Chinese coal mine loses licence
Zambia announced on Wednesday that it had revoked the licences for a controversial Chinese-owned coal mine in the south of the country in response to violations of safety and environmental laws and a...
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Africa must get real about Chinese ties
Leading Africans are finally getting tough with China. They are becoming increasingly concerned that economic engagement with China comes at a price – and that the price is sometimes too high. The...
View Article[video] Nigeria’s new ‘express’
The railway linking Lagos, Nigeria’s commercial capital, to Kano, the country’s second largest city, has reopened after more than 10 years thanks to Chinese loans and investment. Xan Rice, the FT’s...
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What’s the impact of China’s slowdown on Africa?
The China-Africa debate is never far away. Lamido Sanusi, governor of Nigeria’s central bank, recently wrote in the FT of a whiff of colonialism. Much has been said about the two countries’ unequal...
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Chart of the week: tracking China’s investments in Africa
Much has been written about China in Africa – a relationship that has been described as neo-colonial as China’s appetite for African resources has boomed and China has embarked on landmark projects...
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Six natural resources trends to look out for in Africa
When it comes to natural resources in Africa, coverage tends to focus on the problematic (see Rio in Mozambique), the awkward relationships (see China), the political risk (see Congo) and the collapse...
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Guest post: why China’s slowdown won’t put the brakes on Africa’s growth
By Andrew Brown of Emerging Capital Partners Last week the International Monetary Fund (IMF) predicted a further drop in China’s growth to 7.3 per cent in 2014, the lowest figure that the country has...
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IMF: measuring China’s impact on Africa
The IMF may have outlined the risks to sub-Saharan Africa from tighter monetary policy in the US and other shocks (read the FT’s Javier Blas for the full story) – but as the report makes clear, it’s...
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Prince of logistics: ex-Blackwater chief looks to China-Africa
China is not known for its moral scruples or sensitivity when it comes to investing in dangerous countries. It may help to build schools, hospitals and railways as a quid pro quo for getting access,...
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China suffers Africa image problem
After a decade-long resource push into Africa, the Chinese government is still struggling with an image problem. The accusations come thick and fast: Chinese foremen overwork or abuse their labourers,...
View ArticleChina Kingho dreams big in Sierra Leone
China Kingho Energy Group, one of China’s largest privately owned energy groups, remains optimistic it can make progress on a US$6bn-10bn Sierra Leone iron ore mining project as early as next year in...
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bb review: China’s sour African embrace
For Chinese, Africa is the new El Dorado. An estimated 1m Chinese have moved to Africa in the last two decades in pursuit of a more prosperous life. They are opening shops, buying land, and exploiting...
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Guest post; US should scrap trade barriers with Africa
Nearly fifty African heads of state are due to kick off the first U.S.-Africa leaders’ summit in Washington DC today. Over the last two decades, Africa has made great gains in global economic...
View ArticleInteractive map – Chinese dams in Africa
Following a decade in which Chinese largesse has helped to transform Africa’s prospects – and challenged the supremacy that western companies once enjoyed over the continent’s natural resources –...
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Guest post: a wall of money awaits Africa power projects
By David Humphrey, Standard Bank Group Sitting around a fire in the middle of the Namib Desert, western tourists can sample the twin delights of African cuisine and its staggeringly beautiful night...
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Guest post: sub-Saharan Africa’s sovereign wealth funds struggle in era of...
By Ryan Olson, The Heritage Foundation For several years, now, Sub-Saharan Africa’s largest oil producing states have been working to create sovereign wealth funds (SWFs). But as oil prices and...
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Europeans in the AIIB: a sign of Chinese weakness
The decision of several European countries to join the China-inspired Asian Infrastructure Investment Bank has created a widely believed narrative as follows. Beijing, frustrated by its exclusion from...
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China’s renminbi master plan sees Shanghai as a fountainhead of capital
Arguably the most revealing English translation of the French verb ‘étonner’ – at least in the context of Napoleon’s famous quip about China – is ‘to astonish’. “Ici repose un géant endormi, laissez...
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Obama’s power initiative in Africa needs re-energising
By Reda El Chaar, Access Power As President Barack Obama embarks on Thursday on a farewell trip to the UK, thoughts are turning to how the outgoing leader’s legacy is likely to be remembered. To those...
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