Africa: China’s White Paper On Africa Takes On the West: [East African] The Chinese government is promising to break new ground in ties with Africa, ahead of a crucial summit between the continent and the Asian country that kicks off this Sunday. – AllAfrica News: Africa
Africa: China Loan Binge Starts to Bite – the U.S, EU Hope to Gain From Fallout: [East African] China’s ambitious Silk Road project, from which African states have gained immensely by obtaining commercial loans for infrastructure development, has returned to haunt some of the beneficiaries who are now facing debt distress, exacerbated by the coronavirus pandemic. – AllAfrica News: Africa
Africa: African Development Banks Need Scale, Urgently. Here’s How It Can Be Done: [The Conversation Africa] Developing countries in general, and African countries in particular, confront an enormous financing challenge to meet the UN’s sustainable development goals. This financing gap featured prominently at the 2021 United Nations climate change conference (COP26) and has been intensified by the impacts of the COVID-19 pandemic. – AllAfrica News: Africa
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