India, with an eye toward Africa

India, with an eye toward Africa

Sushma Swaraj of India is one of five foreign ministers meeting in Pretoria this week as the BRICS ministers convene ahead of the full summit in Johannesburg in July. On her way to the meeting, she stopped in Mauritius to visit Prime Minister Pravind Kumar Jugnauth, affirming their close cultural…

Laureen Fagan

Laureen is the editor of Africa Times

UK announces USD$100 million in Zimbabwe development loans

UK announces USD$100 million in Zimbabwe development loans

The UK’s development finance institution, CDC, and Standard Chartered Bank today announced an up to USD$100 million in investment funding to grow businesses in Zimbabwe – a move that heralds a new start for the country as the UK has long withheld support while awaiting economic and social reforms. The…

China, the U.S. and Africa: Measuring corn by whose bushel?

China again defended its record on Africa Friday, this time while taking a volley of questions from reporters during a routine press briefing with Ministry of Foreign Affairs spokesman Lu Kang. It’s the latest round of responses as Beijing has pushed back in recent weeks against comments, primarily from the…

Laureen Fagan

Laureen is the editor of Africa Times

Beijing fires back at Tillerson’s China-Africa remarks

China has fired back at the United States after claims by U.S. Secretary of State Rex Tillerson that Beijing’s approach to African development is one of dependency and indebtedness. Tillerson, now in Ethiopia as he begins a five-nation African tour, made the remarks prior to departing the U.S. “We partner…

Turkey’s Erdogan begins four-nation Africa tour in Algeria

President Recep Tayyip Erdoğan of Turkey began a tour of four African nations on Monday in Algeria, where he met with Prime Minister Ahmed Ouyahia to discuss cooperation on counterterrorism, energy, and economic development and trade. It is Erdoğan’s second visit to Algeria since becoming president in 2014 and he…

AfDB touts agriculture, infrastructure in new African Economic Outlook report

Infrastructure investment remains at the core of African economic development, says Akinwumi Adesina, president of African Development Bank (AfDB), as the bank rolls out its 2018 African Economic Outlook. “Infrastructure, when well managed, provides the financial resources to do everything else,” said Adesina, speaking from the bank’s headquarters in Abidjan, Côte…

Focus on Africa in Guterres’ remarks to G7 leadership

United Nations Secretary General António Guterres, speaking at a session on Africa and the G7 during the weekend summit in Italy, emphasized six strategies for advancing growth across the continent while reducing the risks that unemployment and economic frustration create for peace and security. Guterres noted the challenges facing fragile…