Algeria Columns Headlines Morocco Opinions

U.S. Think-Tank Urges Washington to Be Cautious in Engaging Algiers as Approach Does Not Guarantee De-escalation with Rabat

The Washington Institute for Near East Policy has called on the Biden administration to be cautious in engaging Algeria as such approach does not guarantee it will shift away from Moscow and Beijing or defuse tension with Rabat. In an analysis focusing on U.S. policy in North Africa, the Institute experts Sabina Henneberg and Amina […]

Africa Business Emerging Markets Headlines International

African leaders attend 3rd Belt and Road Forum in Beijing

Some 130 leaders from Africa and other world’s regions have gathered in China for a two-day meeting organized by the Chinese government that marks the 10th anniversary of its Belt and Road Initiative (BRI). The summit that kicked off on Tuesday (17 October) is the third BRI Forum for international cooperation. Launched a decade ago, […]

Africa Asia Business Emerging Markets Headlines International

Dozens of African countries in attendance at 3rd China-Africa Peace and Security Forum in Beijing

As many as 50 African States have sent officials to the third China-Africa Peace and Security Forum taking place in Beijing as part of China’s security cooperation with Africa. An alternative to the US presence in the continent and European influence. Chinese authorities placed the event under the theme: “Implementing the Global Security Initiative [GSI] […]

Business Emerging Markets Headlines

China proposes three-area focused plan for Africa as part of Belt and Road Initiative

China has added three new areas for investment to its Belt and Road Initiative (BRI) focusing on the African continent where it has spent billions of dollars in infrastructure. The new areas are namely industrialization, increase in agriculture investment and talent development. President Xi Jinping launched the three-pronged plan during a China-Africa leaders’ roundtable meeting […]

Africa Americas Asia Energy Headlines International

Africa’s potential to boost US companies’ supply chain security — trade expert

As China levies export controls on two critical minerals, gallium and geranium, from August, for US industry dependent upon reliable supply chains, Africa represents a key opportunity for American interests, according to Ned Rauch-Mannino, a former co-chair for the White House’s Prosper Africa initiative. The restrictions imposed on access to these two critical minerals mark […]

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China plans to build industrial complex in Niger capital Niamey

China will build an industrial complex for several industries including agri-food, manufacturing, mining and real estate in Niger’s capital Niamey, Beijing’s envoy to the West African country indicated Monday. Jiang Feng made the announcement after meeting with President Mohamed Bazoum. He also argued that the future complex is the translation of agreements of April 26 […]

Africa Business Emerging Markets Features Headlines International

China refocuses on food and agriculture in its relations with Africa

China is importing more food products such as avocados, cashews, sesame seeds and chili peppers from Africa, after President Xi Jinping promised to increase non-resource imports from Africa and agriculture is emerging as the new focus of Beijing’s engagement with the continent. In the first two months of this year, Shanghai ports handled more than […]

Business Features Finance Headlines

Africa-China trade in 2022 surges, dwarfing commerce with US

Africa’s bilateral trade with China surged to a record high in 2022, highlighting how Beijing’s commercial influence over the continent continues to dwarf that of the United States. Beijing’s push to promote imports from Africa and rising commodity prices pushed trade up 11% to $282 billion last year. China’s exports to Africa were $164.49 billion, […]

Business Finance

Kenyan MPs demand more details on secret $5bn railway loan deal with China

Some Kenyan lawmakers are demanding to see more documents from a secret $5bn loan agreement with a Chinese bank that financed a cross-country railway, with critics of the deal blaming the government of the day for having given too much legal authority to China. The 2011 agreement was shielded from public view until Kenya’s transport […]

Business Emerging Markets Headlines

From Chengdu to Casablanca: new rail-sea lines to speed up China-Africa trade

China is using new hybrid logistics links or multimodal rail-sea lines to bypass cargo chokepoints in an effort to speed up trade with Africa, where it is the largest trading partner. New rail-sea hybrid transport options stretching from western China as far as Europe, which are speeding up goods movement to Africa, imply the belt […]