What has driven China to bankroll controversial Ugandan crude oil pipeline?
As China pumps money into the East African Crude Oil Pipeline, observers say its motivation is unlikely to be economic.
Source: scmp.com
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'Absolute power': After pro-China Maldives leader's big win, what's next? | Elections News
Muizzu’s party wins huge mandate in parliamentary polls. Will Beijing now step in to alleviate Maldives’ economic woes?
Source: aljazeera.com
Senegal Bonds Rally as Investors Bet Political Crisis Near End
(Bloomberg) -- Senegalese President Macky Sall’s pledge to step down at the end of his term was cheered by investors, following weeks of turmoil sparked by his attempt to stay in power.Most Read from BloombergNvidia Rises Most in About Nine Months as AI Drives SalesT-Bills Without Tax Bills? This Fund Says It Cracked the CodeAT&T Outage Triggered by Company Work on Network ExpansionUS Lands on Moon in Historic Feat for Private SpacecraftNvidia Tops Meta Record With $277 Billion Surge in ValuePri
Source: yahoo.com
Global green transition is re-energising China's investments in Africa after pandemic slowdown
Race for minerals vital for renewable energy drives rise in Chinese investments and construction deals in Africa.
Source: scmp.com
Nigerian rail projects drive home China's commitment to African infrastructure development
But a change in banks funding the project points to China’s wish to commercialise its overseas lending, experts say.
Source: scmp.com