Generous China slices headline lending to ravenous Africa by $40 billion, redirects credit to small businesses

Generous China slices headline lending to ravenous Africa by $40 billion, redirects credit to small businesses

From almost nothing 20 years ago, Chinese banks now make up about one-fifth of all lending to Africa, concentrated in a few strategic or resource-rich countries including Angola, Djibouti, Ethiopia, Kenya and Zambia. Annual lending peaked at a whopping $29.5 billion in 2016, according to figures from the China-Africa Research...

Read more
Technology: British takes Internet blimps to Zanzibar in a fragile market where Google flopped, pulled out

Technology: British takes Internet blimps to Zanzibar in a fragile market where Google flopped, pulled out

The Tanzanian islands of Zanzibar and Pemba are about to become a test site for a mobile internet network its creators hope will not just revolutionise lives there, but possibly across sub-Saharan Africa and beyond. Only around 20 per cent of Tanzanians use the internet, according to the World Bank....

Read more
US federal agencies consider creation of integrity council to shield science from political meddling after Trump missteps

US federal agencies consider creation of integrity council to shield science from political meddling after Trump missteps

US federal agencies need to strengthen the policies that protect science used in government decision-making. They should also create a scientific-integrity council spanning many agencies, to help address political meddling by government officials. Those are some of the top conclusions of a long-awaited report from a taskforce convened by US...

Read more