Entries tagged "Africa"

  • BRI in Africa at Risk | May 1, 2020, 9:19 a.m.

    Plunging oil, copper, and mineral prices could threaten China's $200 billion in investments and loans in Africa, Nikkei reports.

  • BRI Debt Concerns Rise in Djibouti | April 27, 2020, 9:48 a.m.

    Djibouti has become a linchpin in China's Belt and Road Initiative, but the U.S. is concerned that the financial toll of Covid-19 may increase Djibouti's risk of falling into a "debt trap" created by high-levels of Chinese lending, Nikkei reports.

  • France Competes with China on Rail | Feb. 19, 2020, 9:32 a.m.

    French train maker Alstom is set to take over a railway unit of Canada's Bombardier in an $8.2 billion deal aimed at giving it the scale to better compete with China's CRRC, which continues to advance in Africa and Asia through the BRI, Nikkei reports.

  • China Exports AI Surveillance Tech | Dec. 16, 2019, 9:22 a.m.

    China has exported AI technology to over 60 countries, some of which have concerning human rights records, raising concerns among some countries that China may be "exporting authoritarianism," Nikkei reports.

  • Japan, Africa Promote Sustainable Infrastructure | Aug. 30, 2019, 9:03 a.m.

    Leaders from Japan and Africa on Friday agreed on the need for infrastructure development that accounts for a country's ability to pay off debt, a veiled reference to China's Belt and Road Initiative, Nikkei reports.

  • Djibouti Seeks $11B for Ports | Aug. 29, 2019, 12:17 p.m.

    Djibouti Ports and Free Zones Authority is hoping to diversify its sources of funding away from China as it seeks $11 billion in investment for infrastructure upgrades and new facilities, says the company's Chairman.

  • Japan Boosts Africa Ties | Aug. 27, 2019, 10:17 a.m.

    Japan is encouraging its companies to work with African startups in a push to boost its national profile on the continent and compete with Chinese investment under its Belt and Road infrastructure initiative, Nikkei reports.

  • Japan Commits $2.84B for African Infrastructure | Aug. 15, 2019, 11:37 a.m.

    Japan has pledged to invest $2.84 billion in Africa's infrastructure to encourage transparency, in what some have interpreted as a response to corruption allegations linked to China's Belt and Road Initiative.