There are strong echoes across Africa of the recession of the late 1970s and early 1980s. The reappearance of recession, debt and structural adjustment to the continent reminds us of the fundamental contradiction of capitalism.
The East African Crude Oil Pipeline has been thrown into the spotlight as investors raise concerns about environmentally damaging companies issuing debt labelled “sustainable”.
Ahead of the Forum on China-Africa Cooperation (FOCAC), Tim Zajontz looks at the immense amounts of debt African governments owe Chinese lenders. This debt is central to capitalist accumulation and financial extraction from the African continent. Zajontz argues that Chinese capital is now pivotal to the global circuit of capital and China, just like other creditors, uses debt for the conquest of Africa and its resources.
Maxim Trudolyubov argues that the dramatic tension surrounding Russia’s position today stems from its history as a colonizer; while its main contemporary ally, China, is among those nations most affected by imperialism.
A majority of Africans favour democracy over other forms of governance but an authoritarian system with a capacity to deliver public goods rapidly on a vast scale cannot be dismissed off-hand.
After considering China’s long-term approach to economic and social development, even the most ungenerous critics of the Asian country’s international partnerships strategy will probably concede that the idea that, in case of loan defaults, they would compromise the credibility of the Belt and Road Initiative around the world through depriving Africa of the expressways, public buildings and hydropower plants they are helping to put up, is more than a little far-fetched.
Dr Grieve Chelwa explores how COVID will impact African economies and the unstoppable rise of China in its relationship with Africa and how this won't likely be reversed as the West retreats without much prospect of a return.
To a smaller but yet equally profound extent, Eric Jackson became our George Floyd, not dying under the knee of a racist cop, but under the crushing weight of a deeply racist and complacent system that denied him a duty of care.
The recent news of evictions and mistreatment of African students in China during the COVID-19 pandemic is rooted in a history of violence and discrimination.
President Donald Trump’s decision to withdraw funding from WHO underscores how powerful UN member states play politics with people’s lives. But by withholding information that paints them in a bad light, influential countries like China are also endangering the world’s health.
Relationships between African countries and China are more complex than they appear in the media and academia.
China, officially the Peoples Republic of China (PRC), is a country in East Asia and is the most populous country in the world, with a population of around 1.4 billion people. It is also one of the world’s first civilizations. With over 34,687 species of animals and plants, China is the third-most biodiverse country in […]