China Plans to Sell Off African Infrastructure Debt to Investors
The plan to securitise and sell the Chinese debt to investors comes at a time when many African nations are seeking to either restructure their debts with Beijing or get friendlier terms, with more grant packages as they face a rising debt dilemma, writes Allan Olingo for The East African.
Beijing, China.
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Africa:
Of China, Africa and 'Colonial Master'
This Day, 1 November 2018
The 2018 edition of the Media Cooperation for Belt and Road ends tomorrow in Beijing after spending the past four days in Boao, Hainan Province of China. This year, there are 221… Read more »
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Africa:
Why We Need to Understand the Ties Between African Countries and China
The Conversation Africa, 15 October 2018
The complex relationship between Africa and China has become even more complicated this year. Initially, 2018 was set to reaffirm the bond through the latest Forum on China-Africa… Read more »
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East Africa:
East Africa Now Owes China $29.4 Billion in Infrastructure Loans
Nation, 16 October 2018
East African economies have in the past 10 years borrowed $29.42 billion to grow their transport, communication, manufacturing and energy sectors. Read more »
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Zimbabwe:
Chinese Deals With Govt - Raw or Fair for the Economy?
Zimbabwe Standard, 14 October 2018
Given the recent developments in Zimbabwe and the African continent, it is worthy assessing how Chinese investments can affect the local economy going forward. Critical for… Read more »
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Zimbabwe:
Unpacking China's Resource Diplomacy
The Herald, 25 September 2018
China's accelerating economic might and unique political and social synergies have over the past decade been fulfilling a debate on the possibility of a seismic geopolitical shift… Read more »
InFocus
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"Chinese investment does have the potential to address Africa's infrastructure gap, but its approach has led to mounting debt and few, if any, jobs in most countries," U.S. ... Read more »
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East African economies have in the past 10 years borrowed over the U.S.$29.42 billion to grow their transport, communication, manufacturing and energy sectors. According to the ... Read more »
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From the writing off of Zimbabwe's debt, to offering South Africa a massive U.S.$14 billion economic injection, China seems focused on making its presence felt some more in Africa. Read more »