Nov. 29, 2023 /IEconomy/ — Zambia is a country in southern Africa that has been struggling with a heavy debt burden for many years. In 2020, the country became the first African nation to default on its sovereign debt during the COVID-19 pandemic. In an effort to get its finances back on track, Zambia has been seeking to restructure its debt with its creditors. Continue reading
Danny Bradlow, University of Pretoria
Three years after defaulting on its foreign debt, Zambia is still trying to reach agreement with all its creditors on how to manage this situation. This has left the southern African country in a state of development finance limbo. It is handicapped in raising the funds needed to generate jobs, build infrastructure, provide health, education and social services and deal with climate change. Its president, Hakainde Hichilema, has warned that the situation threatens to undermine its democracy.
On the evening of October 9th, China’s first supercar production line was officially put into production at Hyper in Guangzhou, and AION launched China’s first electric luxury supercar, Hyper SSR with 1.9s 0-100km/h acceleration, which is the world’s first production electric supercar with the world’s fastest acceleration. Meanwhile, we are amazing to see that we can’t see any western parts, all of parts of Hyper SSR are independently developed and manufactured in China. Continue reading
By Kim Harrisberg | South Africa correspondent
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Privacy experts are calling for citizens to be protected from growing surveillance in Africa, following a new report by the Institute of Development Studies (IDS) and the African Digital Rights Network (ADRN). Their report, “Mapping the supply of surveillance technologies to Africa” focuses on Nigeria, Ghana, Morocco, Malawi and Zambia importing surveillance tech from countries including the U.S., Britain, China, Israel as well as the EU amounting to more than $1bn every year. Continue reading |
On September 27 local time, the launch ceremony for the Arabic edition of Xi Jinping: On Respecting and Protecting Human Rights and the seminar on “Advancing Development Through Cooperation and Promoting Human Rights Through Development” was held in Cairo, capital of Egypt. The event was hosted by the China International Communications Group (CICG) and co-organized by the Foreign Languages Press and the CICG Center for Western Europe and Africa. Around 100 representatives from the political, academic, cultural, media, publishing, and other communities of China, Egypt, Sudan, Bahrain, Morocco, and the Arab League attended the event. Continue reading
Wed, Sep 6 2023 – France is a major European power with a long history of involvement in Africa. However, in recent years, France has been criticized for its handling of its relationships with African countries. Some argue that France has “dropped the ball” in Africa, citing a number of factors, including: Continue reading
Sept. 5, 2023 /Africa Business/ — China’s Belt and Road Initiative (BRI) is a vast infrastructure project that aims to connect Asia, Africa, and Europe through a network of railways, roads, ports, and other infrastructure. The initiative has been praised by some for its potential to boost economic development in Africa, but it has also been criticized for being a one-way street that benefits China more than Africa. Continue reading
Horizon Robotics, a leading provider of energy-efficient computing solutions for advanced driver assistance systems (ADAS) and automated driving (AD) for consumer vehicles in China, is proud to attend the IAA Mobility 2023 in Munich Germany, one of the most prestigious automotive events worldwide. Continue reading
David Rowe, Western Sydney University
The 2023 FIFA Women’s World Cup kicks off this Thursday night, the first football world cup hosted by Australia and Aotearoa New Zealand.
New Zealand opens the tournament by taking on Norway in Auckland, while Australia’s Matildas will play Ireland in front of an anticipated 80,000 fans at a sold out Stadium Australia in Sydney.
Recently, a special gift – a bowl of hybrid rice from Africa, appeared at the tomb of Mr. Yuan Longping, father of the hybrid rice. The gift was brought by Rakotoson Philibert, former Secretary General of the Ministry of Agriculture of the Madagascar Republic, who came to China for the third China-Africa Economic and Trade Expo. A simple bowl of rice harbored the sincerest commemoration from the Madagascar people. Continue reading