Africa - Page 13

Obscure Chinese Telecom Company Dominates Africa

Chinese telecom company Transsion has not sold a single phone in China, but it beat out heavyweight competitors like Samsung and Apple to quietly dominate the African smartphone market, a CNN report revealed Wednesday.

WANG ZHAO/AFP/Getty Images

Trump Signs Bill to Counter Chinese ‘Predatory’ Investment in Africa

U.S. President Donald Trump recently signed a bill into law to revamp America’s investment efforts in Africa to counter what the United States considers to be “predatory” economic practices across the continent at the hands of China, a move that is expected to benefit countries in the region, the Daily Nation from Kenya reported Monday.

The Associated Press

Kenya Drowning in Chinese Debt but President Kenyatta Wants More

China’s debt colonization of Africa is well underway, as one African nation after another takes out gigantic loans from Chinese banks to build infrastructure projects that appear financially unsustainable. Kenya is one of the most heavily indebted countries, but President Uhuru Kenyatta is on his way to Beijing for a summit at which he will reaffirm his commitment to the Belt and Road initiative.

Trump to host Kenyan leader Kenyatta at White House on Aug 27