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...
20 Sep, 2024, 11.00 PM IST
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...
06 Sep, 2024, 11.13 AM IST
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...
29 Aug, 2024, 12.41 PM IST
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...
16 Feb, 2023, 10.42 PM IST
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...
08 Jan, 2023, 09.24 PM IST
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...
13 May, 2022, 06.44 PM IST
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'...
29 Nov, 2021, 10.18 PM IST
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 $...
23 Sep, 2021, 07.58 AM IST
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...
12 Apr, 2021, 05.25 PM IST
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...
29 Apr, 2020, 11.01 AM IST
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, ...
13 Apr, 2020, 01.00 PM IST
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...
20 Nov, 2019, 09.06 AM IST
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.
07 Apr, 2019, 06.33 AM IST
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...
15 Jan, 2019, 09.21 AM IST
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.
24 Dec, 2018, 03.29 PM IST
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.
25 Oct, 2018, 06.01 PM IST
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...
06 May, 2017, 11.50 AM IST