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china-africa relations

China Pledges Another $51 Billion For Debt-Distressed Africa – New Debt Trap?

<!-- -->China's Xi Jinping pledged to step up China's support across the debt-distressed African continentBeijing: Chinese President Xi Jinping today pledged to step up...

Zimbabwe wants ‘haircuts’ from creditors, but China unlikely to shave off debt

“Zimbabwe is currently in debt distress due to the accumulation of external debt payment arrears amounting to US$6.7 billion,” Ncube said.“The external debt overhang...

Does China’s oil-for-infrastructure lending model in Africa need a rethink?

Observers backed Adesina’s view, noting that while these loans offer developing countries the funding they need, they can be expensive and subject to commodity...

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