BEIJING (Reuters) - South African President Cyril Ramaphosa said on Thursday that he did not believe Chinese investments in Africa were pushing the continent into a "debt trap" but were instead part ...

Despite being the least-indebted continent, Africa remains stuck in a debt trap. The trap does not reflect the volume of debt African countries have accumulated—which is just 3% of the global ...

Huge Chinese lending to Africa has created a dilemma where China will struggle to recoup its money while maintaining its image as a friend to developing nations, researchers at Chatham House said.

China’s tactics taint trade partnerships with Africa. When Zambia sought relief on its $17.27 billion debt owed to 44 lenders, China canceled $1.6 billion of the $5.78 billion it lent to the African ...

A school child in Nairobi was last week asked who the two men jogging toward State House Primary School were. She answered without hesitation: Kipchoge and Emmanuel. Her classmate, uncertain about the ...

Bangladesh finance minister Mustafa Kamal has advised African countries to be cautious with 'Chinese loans'. In a statement last week, Kamal said Chinese investment under Belt and Road Initiative (BRI ...