Africa’s biggest challenge, especially Sub-Saharan region, is poor and aging infrastructure. According to a recent study by McKinsey and Company, unless addressed, infrastructure deficits in key sectors such as roads and energy will continue to hinder African countries’ economic growth and development especially in Sub-Saharan Africa. The study further reveals that the region’s attempts to […]
This week, Ugandans on social media have been discussing China’s infrastructure loan terms particularly default clauses and escrow accounts with some making wrong conclusions of how Uganda “surrendered” airport to China. Of course, the claims that Uganda negotiated a bad deal lack international lending facts and so are wrong. I will start with debt clauses. […]
As November comes to an end, the eighth edition of the Forum on China-Africa Cooperation (FOCAC) is due to be held in Dakar, Senegal from 29th to 30th November 2021. The theme of this year’s summit will be “Deepen China-Africa Partnership and Promote Sustainable Development to build a China-Africa community with a shared future in […]
Overtime, it’s increasingly evident that International Relations can be used for more than preserving world peace through amicable settlement of disputes or stopping international conflicts, but to also foster economic development between global states. Various states are realizing socio-economic development amongst themselves as far as trade, infrastructure is concerned by capitalizing on the favorable relations […]