Wednesday, December 10, 2025 - 21:43:41
Hong Kong, Hong Kong | 21°C | Overcast clouds
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The Democratic Republic of Congo (DRC) remains pivotal to the global cobalt supply, with two-thirds of the world’s cobalt coming from the mines of the Central African nation. However, much of the DRC’s cobalt output is exported to China, which controls 75% of the global cobalt processing industry. Cobalt, a critical material for making batteries, […]
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This article was first published on CNBC Africa. Over the last 20 years, China has become sub-Saharan Africa’s largest bilateral trading partner. Around 20% of the region’s exports now go to China and about 16% of Africa’s imports come from China, according to the International Monetary Fund (IMF). This amounted to a record $282 billion in total trade volume […]
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A new report by the Economist Intelligence Unit (EIU) examines how geopolitical risk and international tensions will change in the Middle East as long-term US interests in the region decline. As US leadership gradually fades, China’s neutrality in the Middle East and North Africa (MENA) and economic power make it the best-positioned external power to […]
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“You don’t negotiate with China !” I was quickly told when I started interviewing African public servants about their infrastructure deals with Beijing. There is a widespread view in Africa that you accept whatever terms are offered, for fear that the money might go somewhere else instead. China is the leading infrastructure finance provider on […]
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Chinese firms in Africa could reach revenues of $440 billion in 2025 by aggressively expanding in both existing and new sectors on the continent. This forms part of the findings of McKinsey & Company’s latest report, “Dance of the Lions and Dragons,” in which the global consulting firm takes a closer look at the Africa-China […]
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