November 5, 2019Uganda
Uganda is heading toward a debt crisis. According to a senior official at the Bank of Uganda, unless the country is able to sustain a growth rate of at least 7 percent—which economic projections show Uganda will not do—the country will default on its payments. As is the case for many African countries, China is Uganda’s largest creditor, making up 39 percent of total debt this past fiscal year. If Uganda defaults, it is unclear how China will react.
August 8, 2013
The World Next Week podcast is up. Bob McMahon and I discussed the reopening of U.S. embassies in the Middle East, the U.S.-Sub-Saharan Africa Trade and Economic Cooperation Forum in Addis Ababa, and…
September 21, 2018China
On September 3 and 4, leaders of fifty-three African nations gathered in Beijing for the seventh Forum on China-Africa Cooperation (FOCAC), where President Xi Jinping unveiled a new pledge of $60 billion in financing for Africa.
September 14, 2018South Sudan
Developments in conflicts across the world that you might have missed this week.