President of India Ram Nath Kovind heads to Swaziland on Monday, following a weekend visit with President Teodoro Obiang Nguema in Equatorial Guinea. The two met at the Presidential Palace in Malabo to discuss economic development and investment, as well as security. Kovind said India is eager to assist the…
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 is the editor of Africa Times
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…
Ghanaian President Nana Akufo Addo will meet Wednesday with Chancellor Angela Merkel in Germany, where he is finishing up a 10-day tour that also took him to Togo and the United States. The two are expected to discuss bilateral relations with an emphasis on economic partnership. Ghana is one of…
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…
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…
Irene Yuan Sun is now a consultant with McKinsey, but she first developed her expertise on Africa while teaching English in a rural school in Namibia. From there she studied how Africa’s manufacturing plants worked in Kenya and Ethiopia, and toured factories across the continent to understand how they work…
Africa Oil Week begins Monday in Cape Town, with energy ministers and senior officials from a host of African nations participating. Joining them is United States Secretary of Energy Rick Perry, who traveled this weekend to South Africa and will deliver an address Tuesday on global energy policy and security….
The International Monetary Fund wrapped up a visit to Benin this week, with a generally favorable assessment of the country’s economic progress despite the need for improvement on reducing poverty. Norbert Toé, the IMF Mission Chief for Benin, led the team in Cotonou to conduct the first review of Benin’s…
German Chancellor Angela Merkel was re-elected to her fourth term Sunday, although the elections saw a shift among coalition partners in a decision with implications for African countries. Merkel’s Christian Democratic Union and Christian Social Union (CDU/CSU) party received the most overall votes but not enough to hold a majority…
The Nigerian Ports Authority (NPA) in Lagos says it has cut a deal worth more than USD$86 million with the China Harbour Engineering Company (CHEC) to buy out the NPA’s remaining equity in the Lekki Deep Sea Port. “Both parties have already executed an agreement to this effect,” the NPA…
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…
The preview of a McKinsey & Company report on Chinese investment in Africa is making a few headlines, but full details on “Dance of the Lions and Dragons” won’t be released until the upcoming World Economic Forum (WEF) in Asia. What McKinsey did share at a WEF event in Durban,…
African nations look east to China as a model for their own countries’ economic and social life, with respondents in three of five African regions saying that China either matches or exceeds the approval that Africans have for the United States. That’s according to a new report from Afrobarometer, the…
Test runs of the new railway linking Addis Ababa and Djibouti may come as early as next week, now that the $345 million project, funded primarily by China, is near completion. Officials with Ethiopian Railway Corporation say trial service will run for three to six months on the line, beginning…