Tag: Africa

US Seeks to ‘Diversify’ China-Dominated Africa Minerals Supply Chain

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Cape Town, South Africa —  Africa is the site of a new battle for influence as Washington ramps up efforts to build an alternative critical minerals supply chain to avoid reliance on China. Beijing dominates the processing of critical minerals such as cobalt, lithium and other resources from the continent that are needed for the transition to clean energy and electric vehicles. But at the Green Energy Africa Summit this week in Cape Town, which was held on the sidelines of Africa Oil Week, few were willing to talk about…

China’s BRI Brings Roads, Rails and Debt to Africa

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NAIROBI, KENYA —  Some 150 countries, many of them in Africa, have signed on to China’s 10-year-old Belt and Road Initiative, also known as the BRI. And while the multibillion-dollar project has helped bring roads, rails and infrastructure to many poor countries, it has also left some of those countries saddled with debt. In Kenya, for example, the Standard Gauge Railway, or SGR, which debuted six years ago, was hailed by Kenyan officials as one of the biggest and most successful local infrastructure projects since the late 1800s. Travel time…

China’s BRI Brings Africa Roads, Rails, Energy and Debt

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Some 150 countries – many of them in Africa – have signed on to China’s 10-year-old Belt and Road Initiative also known as the BRI. And while the multibillion-dollar global infrastructure project helped bring roads, rails, infrastructure, it also left some countries saddled with debt. VOA Nairobi Bureau Chief Mariama Diallo takes a look at the impact the BRI has had in Africa and the benefits and critiques of the Chinese initiative. Camera: Amos Wangua Voice of America

Fragile Global Economy Faces New Crisis in Israel-Gaza War

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The International Monetary Fund said on Tuesday that the pace of the global economic recovery is slowing, a warning that came as a new war in the Middle East threatened to upend a world economy already reeling from several years of overlapping crises. The eruption of fighting between Israel and Hamas over the weekend, which could sow disruption across the region, reflects how challenging it has become to shield economies from increasingly frequent and unpredictable global shocks. The conflict has cast a cloud over a gathering of top economic policymakers…

Athens Democracy Forum: Daring to Hope That Democracy Will Prevail

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That Mr. Putin had to journey to North Korea last month to seek support for a long war was a measure of his humiliating isolation, whatever Russia’s ascendancy in Africa, where it has contrived to present itself as an anticolonial power even as it fights a form of colonial war aimed at reabsorbing Ukraine, or much of it, into the “Russkiy Mir,” or Russian world. Ukraine, of course, is fighting for democracy, freedom, the sanctity of sovereignty and the right of a sovereign state to choose its strategic direction. This…

China Uses ‘Deceptive’ Methods to Sow Disinformation, U.S. Says

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The State Department accused China on Thursday of using “deceptive and coercive methods” to shape the global information environment, by acquiring stakes in foreign newspapers and television networks, using major social media platforms to promote its views and exerting pressure on international organizations and media outlets to silence critics of Beijing. The accusations, detailed in a report by the department’s Global Engagement Center, reflect worry in Washington that China’s information operations pose a growing security challenge to the United States and to democratic principles around the world by promoting “digital…

China’s Lending to Africa Hits a Low, Study Shows

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johannesburg —  As China marks the 10th anniversary of the launch of its global infrastructure project, the Belt and Road Initiative (BRI), new data show lending to Africa has fallen to its lowest level in almost two decades. A paper released this week by researchers at Boston University’s Global China Initiative said the pandemic, domestic economic woes, a policy shift and concerns about African debt were among the reasons lending in 2021 and 2022 dropped below $2 billion for the first time since the inception of the BRI. In 2000-22,…

On International Peace Day Women’s Critical Role Highlighted

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On this International Day of Peace, and on the sidelines of the United Nations General Assembly, the United States announced new initiatives to help consolidate the role women play in building peace and strengthening security around the world. VOA’s Veronica Balderas Iglesias has the details. Camera: Veronica Balderas Iglesias Voice of America

Competing Interests for UN Spotlight at Annual Meeting

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The war in Ukraine is likely to be the big topic for a second year when leaders gather at the U.N. General Assembly next week, but many developing countries are hoping to shine a light on issues important to them, including development, the economy and climate. This year’s general assembly will take place after Asian countries met in Indonesia for the ASEAN summit, G20 leaders gathered in India, and developing countries in the Group of 77 plus China met in Cuba. After a busy September, several high-profile leaders are skipping…

South African Businesses Look to China for Electricity Crisis Help

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China pledged to help South Africa with its crippling energy crisis during the recent BRICS summit in Johannesburg. At the same time, South Africa said it wants to correct a trade imbalance with China and export more finished products — but manufacturing in South Africa is currently hampered by the unreliable power grid. Kate Bartlett spoke to business owners in Johannesburg about the challenges they face. Video editor: Zaheer Cassim Voice of America