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Tag Archives: Standard Gauge Railway

[PODCAST] Chinese debt in Africa: how much is too much?

African countries are once again binging on foreign debt. Across the continent, external debt has risen sharply, by almost 50% since 2010 according to data from the World Bank, to an estimated 416 billion dollars. Unlike 20–30 years ago when Africa turned to the west for cash, today China is the creditor of choice. The Chinese are shelling out massive ... Read More »

[AUDIO] China’s ambitious new ‘Silk Road’ trade route takes shape in Africa

Four years and hundreds of billions of dollars later, China’s ambitious global trading strategy known as the “New Maritime Silk Road” or “One Belt, One Road” (OBOR) is now coming to life, particularly in parts of East Africa where major infrastructure and defense projects are being built. New ports in Tanzania, rail lines in Kenya, naval facilities in Djibouti and ... Read More »