Science and Technology Will Transform Africa: Ethiopia to Launch New Satellite in 2019

Finally, in recent years African nations and the African Union have embarked on the exciting and necessary use of space technology to advance their societies. Science and technology are the most fundamental drivers of economic growth. It is the discovery of new scientific principles of space that lead to breakthroughs in new technologies to transform the continent. For too long, Africa has been denied the “right” to use space science, and it no surprise that Ethiopia is in the leadership of this effort.

Ethiopia Will Have Its Own Remote Sensing Satellite, with Help from China

Nov. 27, 2018

Dawn breaks over a radio telescope dish of the KAT-7 Array pointing skyward at the proposed South African site for the Square Kilometre Array (SKA) telescope near Carnavon in the country's remote Northern Cape province in this picture taken May 18, 2012. South Africa is bidding against Australia to host the SKA, which will be the world's largest radio telescope when completed. Picture taken May 18, 2012.

As reported yesterday by Reuters, the government of Ethiopia announced that Ethiopia would have an Earth remote sensing satellite built in China and launched in September 2019.

China would pay $6 million for the design and construction of the satellite and the launch, toward the $8 million total cost. {The EastAfrican} weekly newspaper and on-line site reported that the satellite will be launched from China, but the command and control center will be based in Ethiopia.

Although according to the Reuters wire, the satellite will be used for “climate and related phenomena,” in fact, the data will also be used for agriculture, land use, and other necessary monitoring for the economy.

Ethiopia’s Ministry of Innovation and Technology released a statement on the future of the country’s space plans, and mentioned a number of African space projects. One of these involves China granting $550 million to Nigeria to purchase two satellites according to Quartz Africa multimedia website, which explains that China has “deepened its place in all spheres, economic and political. Conquering the space business and providing space mapping services is part of Beijing’s globe-spanning Belt and Road Initiative, with both state-run and private Chinese space companies selling made-in-China satellites abroad.”

Quartz Africa reports that “as satellites get smaller and cheaper, an increasing number of African nations are declaring their plans to look skyward. The African Union has also introduced an African space policy, which calls for the development of a continental outer-space program and the adoption of a new framework to use satellite communications for economic progress. The demand for satellite capacity is expected to double in the next five years in Sub-Saharan Africa.”

Undoubtedly, as part of the “Space Silk Road,” China will be playing a leading role in bringing space technology to Africa.

Read: China to Help Launch Ethiopia’s First Satellite in 2019 

 

President Buhari Continues to Call for Inter-Basin Water Transfer to Save Lake Chad

Nigerian President, Muhammadu Buhari continues to call for an inter-basin water transfer from the Congo River Basin to save the shrinking Lake Chad. The project he is referring to is Transaqua, which was adopted at the International conference to Save Lake Chad in Abuja in February. Transaqua is a transformative infrastructure project will potentially affect 12 African nations in the Great Lakes region and Lake Chad Basin. I have been an advocate of this project for many years and was able to discuss it with President Buhari shortly after he was elected in March 2015.  Funding for a feasibility study of Transaqua is being negotiated now with the Italian government. It is in the interest of all African nations, the African Union, and Africa Development bank to support this project. In the words of the former Executive Secretary of the Lake chad Basin Commission: “The loss of Lake Chad would be a catastrophe for Africa.” 

We will continue to keep Lake Chad issues on front burner says President Buhari

The Sun Nigeria
Juliana Taiwo-Obalonye, Abuja

President Muhammadu Buhari, has stressed that his administration will continue to keep the issue of reviving the Lake Chad on the front burner and exert more commitment from the developed countries to do the needful.

He stated this during a courtesy visit by the Nigerian Conservation Foundation (NCF) and his investiture as Patron of the Foundation, President Buhari said it was regrettable that the issue of the receding Lake Chad had not been addressed till recent times.

‘‘The problem of climate change is real. The desert encroachment is aggravating it. The population explosion in Nigeria is another big challenge.

‘‘The drying up of Lake Chad is a serious thing for Nigeria and the Lake Chad Basin countries. Nigeria is much more affected because fishing, animal husbandry and farming are affected very seriously.

‘‘We are trying to prick the conscience of the developed countries that have the resources and the technology to quickly execute the inter basin transfer from Congo Basin to Chad Basin,” he said.

In a statement by the Special Adviser to the President on Media and Publicity, Femi Adesina, said Buhari also welcomed the advocacy by the Foundation on the need to protect endangered plants and animals in the country.

To this end, he directed the Federal Ministry of Environment to reflect this in its budgetary requirements in the next fiscal year, adding; “the rate at which animals are being hunted and eliminated around the country, we must seriously give the forest reserves our support and attention as much as we can.”

Earlier in his remarks, Alhaji Ahmed Joda, Member, Board of Trustees of the Foundation told the President that the nation’s wildlife was fast becoming extinct.

He added that for more than 10 years, the rate of deforestation in Nigeria has been one of the highest in the world with the country losing close to 95 per cent of its original forest cover.

He thanked the President for placing great emphasis on environmental issues, especially the aspect of climate change, and invited him to take charge of ‘Greening Nigeria.’

“We are all proud of the role that the Nigerian delegation headed by Mr President played during the climate change agreement in Paris and your single-minded determination to keep the issue in the front burner both at home and abroad.

“Your Government has also recorded remarkable achievements in addressing soil erosion with about 60 projects executed by the Ecological Funds all over Nigeria.

“This is not surprising when we remember that it was you, in your first coming as Head of State, that signed the first comprehensive law that addressed the protection of endangered plants and animals in Nigeria through the ‘Endangered Species Decree of 1985’, Joda said.

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Nigerian President Buhari Wants Europe, and US to Help Recharge Lake Chad

Nigeria and Sub-Saharan Africa Should NOT Have the Majority of Poor People.

President Buhari is right and should be commended for requesting that Europe and the United States help in recharging the shrinking Lake Chad, which is at 2,000 square kilometers-less than 10% of its area in 1963.  At the Abuja conference to Save Lake Chad in February, organized by President Buhari, the Transaqua inter-basin water transfer project was adopted as the solution to saving Lake Chad.  Transaqua is a transformative water infrastructure project that would connect the nations of the Great Lakes and the Lake Chad Basin through a 2,400 kilometer canal. Thus creating a new platform for expanded trade and commerce between these economies. Unlike the US and Europe politicians, who feign concern about the migrant crisis, President Buhari and other African leaders understand that the best way to prevent Africans from risking their lives crossing the Mediterranean is; to create economic growth in the Sahel/Sahara. After decades of inaction, the Italian government has given the Lake Chad Basin Commission 1.5 million Euros to begin a feasibility study by Bonifica, the Italian engineering company that created the Transaqua design over 35 years ago.  I have advocated the Transaqua project for over 20 years, and was able to discuss it with then President-elect Buhari a few days after his election in March 2015. It is most unfortunate that with the single exception of the current Italian government, Western leaders have failed to invest in major infrastructure projects like Transaqua that will generate economic growth in African nations. Let us hope that Western institutions act appropriately to President Buhari ‘s request to help recharge Lake Chad; a vital body of water in Africa’s desert. 

Buhari Wants Europe, US to Help Recharge Lake Chad

President Buhari
  • It would be the greatest western investment in Africa

By Omololu Ogunmade in Abuja

President Muhammadu Buhari yesterday in Abuja said the greatest investment Europe and the United States could make in Africa now was to help in accomplishing inter-basin water transfer to recharge the Lake Chad.

Receiving the Chairman of the African Union Commission, Mr. Moussa Faki Mahamat, in the State House, Buhari recalled how the Lake Chad had served as the source of livelihood for millions of West African citizens in the past.

Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, said the president listed countries which benefitted immensely from the lake in its productive years as Chad, Cameroon, Niger and Nigeria.

The president, according to the statement, also noted that Lake Chad  had now shrunk to 10 per cent of its initial size as a result of the huge impact of climate change.

He was quoted as saying, “People who depended on the Lake for fishing, farming, animal husbandry, and many others, have been thrown into dire straits.

“That is one of the reasons youths now dare the Sahara Desert and the Mediterranean Sea, to seek greener pastures in Europe. But helping to recharge Lake Chad will help a great deal in curbing irregular migration.”

The statement added that Buhari observed that the size of Nigeria and resources available there-in placed a lot of responsibilities on the country’s shoulders and pledged that the country would continue to fulfill its obligations to the African Union (AU).

Adesina further quoted the president as saying, “At all international fora, we emphasise the matter of Lake Chad. We also talk about the influx of small arms from the Sahel, which worsens the security situation between herders and stagnant farmers. We will keep the issues on the front burners.”

Furthermore, the statement added that Mahamat, in his remarks, praised Buhari, saying his leadership has been good for Nigeria, the AU, and Africa in general.

“He added that the next AU summit would look into the reform of the AU Commission, positioning the AU and Africa in the world, Single Air Transport Market, the Africa Continental Free Trade Area, and other issues,” the statement added.

Read:  Save Lake Chad With Transaqua: Presidents Roosevelt and Nkrumah Would Concur, by Lawrence Freeman

 

Ghana’s Unrealized Potential and Nkrumah’s Fight vs the British

I addressed a Ghanaian  organization in NYC several years ago. I discussed the unrealized potential of Ghana and Kwame Nkrumah’s fight against the British. Since then I have parted company with EIR magazine, but my analysis remains truthful. 

 

 

The New Silk Can Create A New Global Paradigm

Excerpts from a presentation by Schiller Institute founder and President Helga Zepp-LaRouche in Washington, D.C. on Oct. 17. It was titled, “The New Silk Road and the End of Colonialism: A New Shared Future for Humanity,

…Now, ever since Xi Jinping announced the New Silk Road in Kazakhstan in 2013, about 100 countries have joined this effort. There have been investments in all of these countries, 12 times the size of the Marshall Plan, and all based on “win-win” cooperation. An enormous amount of infrastructure corridors, industrial parks, power plants; various agricultural projects have been built. And in the recent time, you have the building of a completely new system of international relations based on the respect for the sovereignty, and respect for non-interference in  the affairs of the other country, respect for the perspective of a different social system, and this has created a different dynamic in the world.  This has, for example, recently led to the integration of the Shanghai Cooperation organization(SCO) with the Belt and Road Initiative.  There is a new formation of South-South relations which became very apparent at the recent annual BRICS meeting in Johannesburg, where you had the formation of Global South, which was practically all the organizations from the developing sector, the G77, the Organization of Islamic Countries, Mercosur, the African Union, many regional organizations.  And then, subsequently, you had the very big Africa-China summit, FOCAC [Forum on China Africa Cooperation] in Beijing at the beginning of September, where you had about 48 presidents and 5 heads of state of governments participating from Africa, announcing a new age in the friendship and historic relationship between China and the African continent

Now, Putin at the BRICS summit, had already promised that Russia would light up Africa in providing electricity, not from oil and gas, but through helping African nations to build nuclear power.  And Xi Jinping at the same meeting, had said that Africa, of all the places in the world, has the biggest development potential in the world.

The New Silk Road Spirit, which has captured this dynamic is transforming geopolitical conflicts in many parts of the world. For example, the very successful developments around North and South Korea, who are now fully on the way to possibly announce a peace treaty before the end of the year, going in the direction of unification. This is definitely one of the great successes of President Trump, who at the Singapore summit where he met with Kim Jong-un, is promising to help the make North Korea a prosperous country if  denuclearization continues to proceed. And China has promised to integrate the Koreas into the Belt and Road Initiative.  Russia has promised to help the economic prosperity in North Korea. This is a model, where you can see how this new spirit is helping to transform previous crisis situations into real miracles.

A similar thing is happening in the Horn of Africa, where as a result of the construction of the fast railway between Djibouti and Addis Ababa, you have now Somalia, Djibouti, Eritrea and Ethiopia developing new diplomatic relations and cooperation which was unthinkable a very short period before.

Now, the biggest breakthrough in this development was the signing of a MOU-Memorandum of Understanding between the Italian government and the Lake Chad Basin Commission on the realization of the Transaqua project. Transaqua is a project which the LaRouche organization has been fighting for, for over 30 years, and the fact that it is now agreed upon between China, Italy and six African nations to build is a game-changer for the entire African continent. Transaqua is the idea that you refill Lake Chad, which is now down to about 10% of its previous volume, bringing 3-4% of the water from the tributaries of Congo River, from about 500 meters high, through a system of canals into Lake Chad.  And this will provide an inland waterway for participating countries: It will provide hydro-power, it will provide huge amounts of water for irrigation, it will fill up Lake Chad, and it will still provide for a large areas in the Sahel zone to be irrigated: And that way you can really improve the life about 40 million people who are living there.

This is a tremendous breakthrough, and I think this is really the kind of project which can happen around the world everywhere. Now, in the context of the New Silk Road, there have been also an enormous amount of strategic realignment of countries which previously, for historical reasons and past wars, were at complete odds.  For example, now there is a new cooperation between Japan and China, where both of them said that there is the possibility of joint projects in Africa.  Prime Minister Shinzo Abe, just two days ago, said that Japan and China can cooperate in third countries and the pivot of it could be Thailand.  And as we have been fighting for another great project, also for more than 30 years, the Kra Canal, there has been recently a conference putting that back on the agenda:  And that would be a game-changer for the entire transport route in Southeast Asia.

A wonderful example of cooperation with the New Silk Road is Austria, where Chancellor Sebastian Kurz will conduct a big forum, a Europe-Africa Forum, before the end of the year, because Austria has the presidency of the European Union for this present half-year; and many institutions in Austria and Vienna are completely enthusiastic.  For example, the head of the Vienna Chamber of Commerce [WKW] is pushing for the complete integration of Austria into the New Silk Road.  And he said the New Silk Road is very easily explained:  It is our economic future.  The Mayor of the city of Linz called the connection of Austria to China the “Trade Route of Creativity.”

Also the Italian government, the new government, which is being attacked by the mainstream media practically every day, is practically going for a full strategic alliance with China. Various cabinet ministers, Michele Geraci and Giovanni Tria were just on trips to China making huge deals, inviting China to rebuild the Italian infrastructure.  And the substitute commerce minister, Paolo Savona, who made a wonderful speech in the Italian Chamber of Deputies, calling for the new economic plan of Italy is Franklin D. Roosevelt’s New Deal, and he advocated the cooperation of China and Italy in Africa.  And in the Transaqua memorandum of understanding, there was previously  memorandum of understanding between China and Italy to engage in this great project:  So this can be a model of any Western country….

There is a new concept of great power relations, developed by China, and proposed to the United States.  The {Global Times}, a government-related newspaper recently, in light of the tensions between China and the United States, asked the question:  What should the relations be between China and the United States in 30, 40, 50 years from now, or even towards the end of the century?…

And I would like to remind you of what Friedrich Schiller, [a great German poet] said, in “Why We Would Study Universal History,”- and I’m saying it now in my own words:  We should look at the long chain of generations before us, who gave us the tremendous heritage. And should it not be our proud and passionate desire to connect our ephemeral life to that long chain of human generations, and contribute with our own life, that soon that generation will be living a better life as a result of what we have done?…

 

 

 

 

 

 

Transaqua Begins: A Wonderful Step Forward for Africa!

Today a huge step forward was taken for the Africa continent with the initial funding for a feasibility study of the Transaqua water project. Transaqua, a transformative inter-basin water transfer project to re-charge the shrinking Lake Chad, was first proposed over thirty years ago, to create a super-economic development zone between the nations of the Lake Chad Basin and Great Lakes Region. Expanding this lake is crucial for the Sahel and will help to turn back the desert. The success of Transaqua, a Pan African infrastructure project, will be bring peace stability to Nigeria, and to the other member states of the Lake Chad Basin, and as well create new levels of economic wealth. It will contribute to the industrialization of Africa, and should become part of the African Union’s “Agenda 2063.” I am proud that I have been advocating this project around the world, especially in Africa and in the United States.

All Africans, and friends of Africa should rejoice at this small, but potentially giant step forward for the people of Africa.

Today, October 16, 2018- A MoU (Memorandum of Understanding) for the initial funding of the feasibility study for the Transaqua project was signed in Rome by the Italian government and the Lake Chad Basin Commission. Francesco La Camera, director general of the Italian Environment ministry, and Mamman Nuhu, Executive Secretary of the Lake Chad Basin Commission, signed today a document that certifies an Italian government grant of 1.5 million Euros to finance the feasibility study for the project refill Lake Chad and build a water, transport, electricity and agro-industrial infrastructure in central Africa, developed by the Italian firm Bonifica more than 35 years ago.

The formal signature is following the decision announced last February 29 at the International Lake Chad Conference in Abuja, Nigeria. There will be further bureaucratic steps before the grant can be delivered and the feasibility study can start.

“It is a historic step”, said Bonifica CEO Romina Boldrini. “Italy is giving money for Transaqua. Everybody is expecting Bonifica to start the feasibility study now”.

Marcello Vichi, the head of the Bonifica team that drafted the original Transaqua study in the seventies, said he is “very satisfied” with the agreement. “Finally, after so many years, Africans and Europeans understood the importance of the project. Now we have to make up that lost time”.

Read:  Save Lake Chad With Transaqua: Presidents Roosevelt and Nkrumah Would Concur

A Brief Response: Marshall Plan for Africa or “Debt Trap?”

Lawrence Freeman

September 20, 2018

The world is witnessing an increase in attacks on Africa’s relationships with China in various articles, as well as low-level, unthoughtful, messages on Twitter, Facebook, and YouTube. Not only does that content intend to demonize China as the new colonial empire of Africa, but it also includes vulgar demeaning caricatures of African Heads of State.

Could the reason for the uptick of these kinds of diatribes be related to the successful September 3-4, Forum on China Africa Cooperation (FOCAC) summit in Beijing, attended by leaders from almost every African nation? China has reached out to Arica and formed a special relationship which is being embraced by African Heads of State. It should be clear to any intelligent historian, that China is not acting as an Imperialist manner towards Africa.

However, what has been conspicuously, egregiously omitted from this unsubstantiated vilification of China, is the history of Western nations and institutions, which have acted as an Imperialist power towards Africa. The latest accusation is that China is deliberately entrapping African nations into unpayable debt. However, this is precisely what the IMF, World Bank, Paris Club, along with their allies in the City of London and Wall Street did to Africa immediately following the “Winds of Change.”

The motivation for this propaganda barrage is that China via FOCAC and the Belt & Road Initiative is offering African nations a pathway toward growth uncontrolled by the financial predators in the City of London and Wall Street. Contrary to the myth that China is stealing African resources; which the Western powers did first under slavery, then under colonialism, and have continued under neo-colonialism, China is actually providing credit for physical infrastructure; the sin qua non to spur economic growth.

Debt and Credit for What?  

A pervasive and quite serious problem affecting well-intentioned individuals from all corners of the globe is the lack of understanding of what actually creates economic growth. Neither money, nor financial transactions, nor derivatives, nor speculation, nor rising stock markets, nor the market place are the cause of growth or synonymous with real economic growth.

Credits issued for infrastructure; water, energy, rail, roads, healthcare, and education, identifying the most vital categories, if properly organized, leads to an increase in the productivity i.e. the economic power of the society. This is measured by the ability of society to increase its physical output from one production cycle to the next. By utilizing advanced technologies embedded in new capital equipment, including infrastructure, farmers and workers can produce more efficiently. Simply providing abundant energy, high-speed railroads, and water inputs to an African nation would lead to a jump in economic output.  Shortly after the death of President Kennedy, the US ceased its commitment to assist Africa nations in expanding their infrastructure.

China is committed to lending, issuing credit-yes creating a debt to fund long-term investment in infrastructure. Credit directed in this way is good debt. With non-usurious interest rates over 15-20 years, the loan can be retired from the profit it generates to society. This form of debt is not equivalent to the hundreds of billions of dollars African nations were forced to pay to the financial capitals of the world for loans to cover rigged terms of trade, and currency devaluations.

If you study the American System of Political Economy with its cornerstone; Alexander Hamilton’s national credit policy, you will realize that China is emulating the best of America’s past. For example, President Franklin Roosevelt, who successfully applied Hamilton’s principle  to rebuild the Depression riddled US with state issued credits, would have little trouble understanding the principles of President Xi Jinping’s Belt & Road.

Economics and the Common Good

There is a deeper level to comprehending economic growth. Every human being is united by a universal principle often expressed as the “common good of mankind.” Yes, all human beings regardless of religion, color, ethnicity, or place of birth, share a “common interest.” We are all created with the power of creativity. Not logic, not deduction, not induction, but the power to hypothesis new ideas. The power of discovery, to discern new principles of the universe that we previously did not know but were there waiting to be revealed to the human mind. These scientific discoveries spawn new technologies which are the primary source of economic growth. Thus, it is the responsibility, nay the obligation of every society to nurture and develop that creative potential innate in all its citizens from birth to death.

For all citizens to realize their potential, live productive lives, and raise their families without fear of hunger and security, a nation must have the economic means to expand the total physical wealth of society over succeeding generations.  An advanced industrialized nation requires a healthy manufacturing sector, which is also an essential component of a productive agriculture sector.  The absence of robust agro-manufacturing economies in Africa is crime along with its huge deficit in infrastructure.

Sadly, the West does not have the vision to assist African nations in overcoming these deficiencies. China in all, but name has launched the equivalent of a Marshall Plan for Africa.

Among the eight major initiatives that President Xi laid out at the Africa-China Summit, China will:

1.Promote industrialization; 2. Support agricultural assistance programs; 3. Work with the African Union (Agenda 2063) to formulate a China-Africa infrastructure cooperation program; 4. Increase its imports from Africa, in particular non-resources products; 5. Train 1,000 high-caliber Africans for training in innovation sectors; provide Africa with 50,000 government scholarships; and sponsor seminar and workshop opportunities for 50,000 Africans and invite 2,000 African students to visit China for exchanges.

China has come to understand that it is the common interest of its own country, and in the fact all nations, is to help Africa develop productive industrialized societies not dependent on revenue from one resource or one crop. Under these improved conditions, hunger and poverty, the underlying causes for conflict, can be eliminated. Great progress can be accomplished in Africa and the world, if the US and Europe acquire the wisdom to join China’s Spirit of the Belt & Road

Below are three articles with excerpts that provide useful background to understanding Africa’s productive relationship with China.

“The recently concluded China-Africa Summit offers a new deal for Africa’s recovery. The Forum for China-Africa Cooperation (FOCAC) has the making of a 21st century equivalent of the Marshall Plan, America’s massive economic rescue programe that President Harry Truman unveiled for Europe on April 3, 1948.

AFRICA’S INDUSTRIALISATION

On its part, China is taking a Pan-African approach targeting projects with regional impact such as Kenya’s standard gauge railway.   Like the Marshall Plan that prioritized the reindustrialization of Europe after the war, China is laudably giving a pride of place to Africa’s industrialisation.

Industrialization was top on the list of President Xi Jinping’s eight-point plan to guide Chinese aid to Africa in the next three years. Recipients of Marshall Plan had to invest 60 percent of these funds in industry. The funds also involved Technical Assistance Programes to create a skilled labor force to drive industrialization.”       Read: China’s Marshall Plan for Africa-Debt or New Deal ?

________________________________________________________

“Speaking as the Chairman of the African Union, President Paul Kagame of Rwanda, expressed the will of Africa very clearly: “Africa wishes to be a full and integral part of the Belt and Road Initiative.” And in spite of the myriad attacks in the Western media regarding the Belt and Road’s alleged “debt trap”—and its description of China’s extensive involvement in Africa as a “new colonialism”—this “fake news” has not blurred the vision of Africa’s leaders, who have stayed focused on the future of the continent.

Ramaphosa also praised the work of China’s Belt and Road Initiative: “Why do we support the Belt and Road Initiative?” “Because we are confident that this initiative, which effectively complements the work of FOCAC, will reduce the costs and increase the volume of trade between Africa and China.  It will encourage the development of Africa’s infrastructure, a critical requirement for meaningful regional and continental integration.” Read: FOCAC Summit: Turning Point in History

__________________________________________________________

“It can be said that this sentiment is near universal among the African nations now participating in the BRI. Indeed the president of the African Development Bank (AfDB), Dr. Akinwumi Adesina, told Xinhua on the sidelines of the summit, “Let me be very clear that Africa has absolutely no debt crisis; African countries are desperate for infrastructure. The population is rising, urbanization is there, and fiscal space is very small.” The AfDB president added, “They are taking on a lot more debt, but in the right way.” Read: Changes Underway as FOCAC Convenes

West Uses “Debt Trap” to Thwart Alliance of China & Africa for Economic Development

September 8, 2018

“The term “debtbook diplomacy”—with the meaning that China builds influence over other nations by deliberately causing them to take on more debt than they can handle—was coined in a report commissioned by (and custom designed for) the U.S. State Department and written in May 2018 by Sam Parker of the Harvard Kennedy School’s Belfer Center for Science and International Affairs. This report was then used by the U.S. State Department to ring alarm bells all over the world about the potential impact of China’s Belt and Road Initiative. But the report’s author, Sam Parker, is not known to have any expertise in economics or to have written anything about the economies of China or other developing countries.

“Historically, the British Empire was, and still is, the master of debt traps. Its methods have been copied in the post-1971, post-Bretton Woods era by such United States- and British-controlled institutions as the International Monetary Fund and World Bank to shackle nations with unpayable debt, in order to loot them, destroy their physical economic productive capabilities and finally force them to give up their national sovereignty. Under the 19th century, British-dominated, imperialist world order, as in the case of the post Bretton Woods system, money is treated as a “global” commodity controlled by private interests, rather than a political tool controlled by sovereign governments which issuance is intended to promote the productivity of society and the general welfare of its citizens.”` (Schiller Institute’s “Why China’s Debtbook Diplomacy is a Hoax”)

African Development Bank President, Adesina, Denies Debt Crisis in Africa

Speaking to the reporters on the sidelines of the Forum on China-Africa Cooperation (FOCAC) Beijing Summit on Sept 5, and addressing the western propaganda that China is drowning Africa with debt, President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, said: “Let me be very clear that Africa has absolutely no debt crisis; African countries are desperate for infrastructure.” “The population is rising, urbanization is there, and fiscal space is very small,” the AfDB president added. “They are taking on a lot more debt, but in the right way,” Adesina said, Xinhua reported on Sept 5.

Scoffing at the international campaign that the China imposed debt has begun to cripple Africa, Adesina pointed out that Africa’s overall debt-to-GDP went up from 22 percent in 2010 to 37 per cent last year. He stressed that the ratio is markedly lower than the 100 per cent or 150 per cent of many higher-income countries, and over 50 per cent among emerging economies.

Meanwhile, in an interview with the Nikkei of Japan, the foreign minister of Djibouti, Mahmoud Ali Youssouf, said his country intends to help promote China’s Belt and Road Initiative, but is also cautious about over reliance on China in light of Djibouti’s growing debts linked to Chinese investment. “If [the initiative] brings wealth, progress, development, we welcome it,” he said in that interview, Nikkei reported today

Nigerian President Buhari Debunks the “Debt Trap” Hoax

Muhammadu Buhari, the President of Afria’s most populous nation, Nigeria, has emerged from the hugely successful Forum on China-African Cooperation (FOCAC) with a refutation of what he called “insinuations about a so-called Chinese debt trap.”

“Let me use this opportunity to address and dispel insinuations about a so-called Chinese debt trap,” he told the press today. “These vital infrastructure projects being funded are perfectly in line with Nigeria’s Economic Recovery & Growth Plan. Some of the debts, it must be  noted, are self-liquidating. Nigeria is fully able to repay all the loans as and when due, in keeping with our policy of fiscal prudence and sound housekeeping.”

He said: “I am happy to note that Nigeria’s partnership with China through FOCAC has resulted in the execution of critical infrastructure projects valued at more than $5 billion, over the last three years. We have completed West Africa’s first urban rail system, valued at $500 million, in Abuja. Before then was the 180km rail line that connects Abuja and Kaduna, completed and commissioned in 2016, and running efficiently since then,” the President declared.

He said that Nigeria is currently leveraging Chinese funding to execute $3.4 billion worth of projects at various stages of completion. Among these are: upgrading of airport terminals, the Lagos-Kano rail line, the Zungeru hydroelectric power project, and fibre cables for our internet infrastructure. Nigeria signed an agreement for an additional $1 billion loan from China. The money is for additional rolling stock for the newly constructed rail lines, as well as road rehabilitation and water supply projects.

“Debt Trap” Hoax Exposed by Chinese Spokesperson

At a September 4 press conference on the morning of the second day of the FOCAC Summit, Xu Jinghu, the Special Representative of the Chinese Government on African Affairs, was asked by Reuters about whether the $60 billion financing that President Xi Jinping promised in aid for Africa in his keynote address, would create debt problems for Africa.

Xu Jinghu went through the importance of the eight areas outlined by President Xi in order to raise the level of production and productivity of the African economy.  She also made clear that all of the projects are done in close consultation with the African countries in order to meet what they see as their real needs for further industrialization.

She added that Africa is in “the ascending phase” of its development and “faces a gap in the funding for all of their endeavors…”They need capital development and the African and Chinese economy, which is more developed, are therefore complementary.”

Xu commented, “You have to take into consideration the international situation. The  costs of financing for development on the international market has become very expensive and most of the African countries are still dependent on exporting their raw materials. And the price of these have fallen,which has increased the debt of African countries a great deal.  And if you look at the African countries, you will see that China is not the creditor of those African countries with the biggest debt burden.

China Africa Research Initiative Refutes “Death Trap” Propaganda

The China Africa Research Initiative-(CARI) at the Johns Hopkins School of International Studies, Washington DC refuted the “death-trap” narrative that China is subverting African nations by forcing them into debt.  Their The Path Ahead: The 7th Forum on China Africa Cooperation-(Briefing Paper #1, 2018), reports: “Finally, in just three African countries, Chinese loans are currently the most significant contributor to high risk of/actual debt distress” They are;  Djibouti, Republic of Congo, and Zambia.  

Read complete CARI  briefing paper

 

Read:

Who Owns Africa’s Debt: China or Western Nations & Institutions?

 

FOCAC Summit: President Xi “China and Africa will walk together towards prosperity.”

{I have been telling my friends for years that China-Africa cooperation will change the African continent. With investments in vital categories of infrastructure, African nations can industrialize and develop advanced agro-manufacturing sectors. Economic sovereignty is now possible for African nations after 500 years of slavery and colonialism.

This recent FOCAC summit has placed Africa-China relations on center stage in front of the whole world. As Faki Mahamat, Chair of the African Union Commission said at the conference; China-Africa cooperation is a solid foundation for a new international order.(Watch the video of his remarks below)  

I will be writing more on the significance of the new era of China-Africa cooperation, but for now, we can and should rejoice. The world has changed for the better, even though there are dangerous pitfalls ahead. }

 

China To Invest $60 Billion in Africa over the Next Three Years; Xi Says: ‘Explore a New Path of International Relations’

Sept. 3, 2018

Chinese President Xi Jinping in his keynote of the Beijing Summit of the Forum on China-Africa Cooperation (FOCAC), announced that China would be investing $60 billion in Africa over the next three years, which would include $15 billion of interest-free and concessional loans, $20 billion of credit lines, a $10 billion special fund for development financing, a $5 billion special fund for financing imports from Africa, and encouraging investment by Chinese companies to the tune of $10 billion in Africa.

In his speech, President Xi said that China-Africa cooperation was based on the following principles;  The Five “No’s”:

No interference in African countries and pursuit of development paths that fit their national conditions;

No interference in African countries’ internal affairs;

No imposition of China’s will on African countries;

No attachment of political strings to assistance to Africa;

No seeking of selfish political gains in investment and financing cooperation with Africa.

“We welcome Africa to the fast train of Chinese development,” Xi said. Central to the cooperation has been the Belt and Road Initiative, which in Africa is in synergy with the African Union’s “Agenda 2063,” which marks the centennial of the official end of colonialism in Africa in 1963.

President Xi laid out the eight major initiatives that China would implement in collaboration with Africa in the coming three years:

1. In industrial promotion, China will set up a China-Africa trade expo in China in order to encourage Chinese investment in Africa.
2. It will also carry out 50 agricultural assistance programs, provide $147 million in food aid to African countries affected by natural disasters and send 500 agricultural experts to Africa.
3. With regard to infrastructure, China together with the African Union will formulate a China-Africa infrastructure cooperation program.
4. With regard to trade, China will increase its imports from Africa, in particular non-resources products.
5. On green development, China will undertake 50 projects focusing on climate change, ocean, desertification prevention and control, and wildlife protection.
6. On capacity building, China will set up 10 workshops in Africa to offer vocational training for young Africans. It will also train 1,000 high-caliber Africans for training in innovation sectors; provide Africa with 50,000 government scholarships; and sponsor seminar and workshop opportunities for 50,000 Africans and invite 2,000 African students to visit China for exchanges.
7. In health care, China will upgrade 50 medical and health aid programs for Africa. On people-to-people exchanges, China will set up an institute of African studies and enhance exchanges with Africa on civilization.
8. And on peace and security, China will set up a China-Africa peace and security fund and continue providing free military aid to the African Union and will support countries in the Sahel region, and those bordering the Gulf of Aden and the Gulf of Guinea, in upholding security and combating terrorism in their regions.

African Union’s Moussa Faki Mahamat, Addresses FOCAC Conference

Please review this excellent speech by Faki Mahamat, Chair of the African Union Commission, at the Forum on China-Africa Cooperation. In his remarks the AU Chair called forthe urgent reform of the international financial institutions…That China-Africa cooperation is a solid foundation for a new international order…Our partnership [with China] can reshape the world’s geo-political landscape”He went onto say that the AU welcomes the Belt and Road Initiative and its synergy with AU’s “Agenda 2063.”

 

Presidents Ramaphosa and Kegame: Africa Supports the Belt and Road Initiative

In his speech to the FOCAC Summit, South African President Cyril Ramaphosa said, the Belt and Road Initiative was in the interests of the African nations. China-Africa cooperation, he said, was in the interests of the African nations. “In the values that it promotes, in the manner that it operates, and in the impact that it has on African countries. FOCAC refutes the view that a new colonialism is taking hold in Africa, as our detractors would have us believe...It is premised on the African Union’s Agenda 2063, a vision that has been crafted in Africa, by Africans. It is a vision of an integrated, prosperous and peaceful Africa, driven by its own citizens and representing a dynamic force in the international arena.”

“Why do we support the Belt and Road Initiative?” Ramaphosa asked. “Because we are confident that this initiative, which effectively complements the work of FOCAC, will reduce the costs and increase the volume of trade between Africa and China. It will encourage the development of Africa’s infrastructure, a critical requirement for meaningful regional and continental integration.”

Ramaphosa was followed by Rwandan President Paul Kagame, the current rotating chairman of the African Union. “Africa wishes to be a full and integral part of the Belt and Road Initiative. The gains will be enjoyed by everyone.” Kagame praised in particular the personal commitment of President Xi to this initiative. “He has visited every region of our continent, including my country Rwanda. China has proven to be a win-win partner and dear friend,” Kagame said. UN Secretary General Antonio Guterres gave support to the message expressed by the African leaders, who said that “it is vital that current and future development cooperation contributes to peace, security and to building a ‘community of shared future for mankind,'” reiterating a concept that lies at the basis of President Xi’s conception of a new form of international relations. Guterres also expressed support for the importance of the strengthening South-South cooperation.

 

Big Plus for Africa: Belt & Road, BRICS, and Africa-China Summit, Converging for Development

{Heading into the 7th  Forum On China-Africa Cooperation-(FOCAC) we are already witnessing significant changes in the physical infrastructure of Africa as a result of China’s One Belt and Road Initiative, the BRICS and previous FOCAC summits. Next week’s China-Africa Summit portends greater cooperation for investment in infrastructure and manufacturing, leading to the long over due industrialization of the continent. Thus finally liberating Africa from the effects of 500 years of slavery and colonialism. In addition to China, many nations are investing in Africa in constructive ways, but unfortunately not the United States, which is retreating from Africa. President Trump can and should reverse this trend by joining China’s Belt and Road development of this great continent, which in less than two generations will be the population center of world. Please review the articles below.}

Chinese Envoy to FOCAC: `Twin-Engines’ of BRI and FOCAC Will Transform Africa

Aug. 29, 2018 –Zhou Yuxiao, Chinese Ambassador to the Forum for China-Africa Cooperation (FOCAC), spoke of the historic impact of the Sept. 3-4 FOCAC summit, in an interview with Xinhua yesterday. His observations come as many African heads of state are already arriving in Beijing, even before the Sept. 3-4 formal sessions of the Forum take place. Founded in 2000, FOCAC has had two previous heads-of-state meetings, one in 2006 and one in 2015.

Zhou said that the China-Africa collaboration had proceeded in small steps, but successfully over the years. All the while, China’s ability to “walk the walk,” and Africa’s success in collaborating, made things work, to the point of widespread trust and effectiveness. At the 2015 FOCAC meeting in South Africa, China pledged financing in the range of $60 billion for implementing ten cooperation plans announced at the time. Now financing is also coming from the Silk Road Fund, the BRICS New Development Bank, and private Chinese firms.

Xinhua summarized, “A key aspect to watch, Zhou said, will be how China and Africa link the Belt and Road Initiative (BRI) with the UN 2030 Agenda for Sustainable Development, the African Union’s Agenda 2063, and African countries’ development plans.” This year, diplomatic relations were established between the African Union Commission (currently headed by Rwanda) and FOCAC. Zhou referred to the the BRI and FOCAC being “twin engines” for driving cooperation further in Africa. Many African leaders and experts are forecasting what lies ahead.

Lesotho’s Prime Minister Thomas Motsoahae Thabane, said in an Aug. 22 Xinhua interview, that the upcoming summit, “is a landmark in the world aiming to improve itself for the survival of the human race, which faces multiple challenges today … the commitment is not only to specific countries in Africa, but to Africa in general.” China is a “true friend” of Lesotho, not “by word of mouth … but through actions, actions that push us to go from the situation of being underdeveloped to a situation of being developed. What more can you wish for from a friend than to stretch a hand of friendship in order to raise you up when you were flat on your stomach?”

Thabane further pointed out that relations with China are “mutually beneficial.” In the past, for Western countries, the benefit was “always for what they call `the Mother country.’ Now, China is not like that, that is why we feel like we have a true and loyal friend in China.”

Hisham AbuBakr Metwally, an Egyptian researcher with the Ministry of Foreign Trade and Industry, wrote an Aug. 21 opinion article for CGTN, reviewing accomplishments in rail, agriculture, energy, education, and other areas in Africa, thanks to work with China to date. {“FOCAC — Unprecedented Successful Mechanism, Reshaped Africa”} But he forecast more and bigger projects and a bright future. “After the completion of all mega infrastructure projects and industrial zones, the continent will change completely.”

Note that CGTN has prepared a five-episode documentary entitled “A New Era of China-Africa Cooperation,” to show the development of African countries and to present the achievements of China-Africa cooperation.

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China-Africa Research Initiative-(CARI) at Johns Hopkins in Washington DC, provides a useful report on the progress of China-Africa collaboration. It also dispels the myth that Chinese loans are bankrupting all Africa nations. Many decades before China started investing in Africa, the continent had been suffocated by hundreds of billions of dollars of parasitic debt from Western institutions.

Excerpt from its conclusion highlight:

“Belt and Road. The language of the 2018 FOCAC will likely include more mentions of the Belt and Road Initiative, given that it is a priority of President Xi Jinping. Chinese contractors are keen to win Chinese finance for infrastructure projects desired by African governments, many of whom have been inspired by China’s industrialization and infrastructure capacity. Chinese-financed infrastructure projects in Africa such as the standard gauge railway transport projects in Kenya and Ethiopia, and new trade and industrial zones in Djibouti, Egypt, and Morocco, have been marketed as part of the Belt and Road Initiative.”

Read the complete report: The Path Ahead: The 7th Forum on China-Africa Cooperation

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This article discusses the “deepening relations” with Africa by the rest of world, and appropriately asks: “Where does this Leave the United States?” Read: The World is Coming to Sub-Saharan Africa. Where is the United States?