Searched for
CHINESE DEBT IN AFRICA
Inox Clean Energy powers into top three with Rs 25k-cr buys, says company official"We have made nine acquisitions in the past nine months. These investments are worth Rs 25,000 crore," said Devansh Jain, executive directo...- Is Trump the president who lost Asia to China?Developing countries long wary of dependence on China are rethinking that stance as the US-Israel war with Iran disrupts energy supplies. N...
- China is pouring exports into Africa faster than anywhere elseChina is also opening its markets to African goods and offering financial support, potentially increasing the yuan's influence.
- View: India needs a more national interest-driven and holistic strategy towards AfricaOver 75 years, India has built credible eco-political institutions from the central bank to EXIM banks to EC, and stock markets, Aadhaar, U...
- China pushes smaller, smarter loans to Africa to shield from risksChina's years of splashing cash on big-ticket infrastructure projects in Africa may be over, analysts say, with Beijing seeking to shield i...
- China's lending to Africa rises for first time in seven years, study showsChinese lenders approved $4.61 billion in loans to Africa in 2023, according to Boston University. This marks the first increase since 2016...
- Economically stressed China stops funding big projects in AfricaIn Africa, Chinese bank financing for infrastructure projects under BRI fell from $11 billion in 2017 to $3.3 billion in 2020, said a repor...
- Ghana faces economic distress: The role of Chinese lendingThe country’s finance ministry announced a suspension of all debt service payments on external govt debts, including foreign currency bonds...
- China offers PPP model to revitalise BRI in AfricaChina aims to set-up AU's Permanent Mission in Beijing later this year as part of the new plan. But the PPP model may not reduce debt burde...
- Chinese president Xi woos African leaders with debt waiver, Covid vaccines, jobs amid US push into AfricaThe meeting took place amid efforts by US President Joe Biden's initiative of Build Back Better World (B3W), which was seen as rival to Xi'...
- Africa’s rising debt: Chinese loans to continent exceeds $140 billionAt least 18 African countries have been re-negotiating their debts while 12 others are in talks with China for restricting an approximate $...
- Djibouti & Zambia: Victims of Chinese grand strategy in AfricaChinese inroads and grand strategy in Africa may not be as smooth as it seems on the paper when it comes to the future of Beijing’s partner...
- China silent amid global calls to give Africa debt reliefThe World Bank and the International Monetary Fund have announced immediate relief measures, including freeing up billions in debt payments...
- China in the driver's seat amid calls for Africa debt reliefA two-decade lending spree has propelled China to the top of Africa's creditor list and any comprehensive debt deal, including write-offs, ...
- Kenya risks losing port to China casting shadow over India's outreach in Eastern AfricaChina is now the single largest financier for infrastructure in Africa, funding one-in-five projects and constructing every third one, acco...
- Djibouti’s rising debts to expansionist China worry US, FranceIn 2017, the IMF said Djibouti’s public debt, the lion’s share of it owed to China, rose from 50% to 85% of GDP.
- India organises Africa Day on January 19 as concerns mount over Chinese debt trap in continentIndia has planned a mega Africa push amid growing resentment against Chinese debt trap in the African continent with January 19 marked as t...
- India keeps a close watch on Kenya as it falls under China's debt trapKenya could lose its Mombasa port to China along the lines of Hambantota port in Sri Lanka.
- Africa cancels a Belt and Road Initiative project for the first timeSierra Leone has scrapped plans to build a China-funded airport, becoming first African nation to shun BRI.
- China's OBOR initiative could worsen socio-economic difficulties for AfricaChinese policy to harness raw material and export finished products to African nations has killed local industry and pushed the countries t...
Load More
