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Chinese investments in Africa mutually beneficial, South Africa’s Ramaphosa insists

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South African President, Cyril Ramaphosa, said Thursday that Chinese investments in Africa were mutually beneficial and not a “debt trap” for the continent.

Ramaphosa stated this on the sidelines of a China-Africa meeting in Beijing, with delegations from over 50 African states.

“I don’t necessarily buy the notion that when China (invests), it is with the intention of, in the end, ensuring that those countries end up in a debt trap or a debt crisis,” Ramaphosa said when asked by reporters about China’s pledge at the summit of $51 billion in new funding for Africa.

China pledged to launch three times more infrastructure projects in resource-rich Africa, a region of significant geopolitical conflict between China, Europe, and the US, and to provide financial support over three years.

Ramaphosa also said, without providing details, that South Africa and China have secured an energy security pact. He claimed South Africa could learn energy sector reform from China.

“They already have done exactly what we are seeking to do. So there are lessons for us to learn from China and how to do it,” he said.

Power outages have slowed economic progress in South Africa in recent years. The country plans to pursue China’s largest electric vehicle producers, Ramaphosa added.

“We had good exchanges with BYD, which has shown a great interest to come and invest in South Africa,” he said.

Africa and China have strengthened commercial and political ties in recent decades. China is a major trading partner and lender. Additionally, Chinese companies invested heavily in Africa, making it a major investor in the continent.

Musings From Abroad

Uganda signs contract with Yapi Merkezi to develop rail

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The Ugandan government and Turkish construction company, Yapi Merkezi, inked a contract on Monday to build a 272-kilometer (169-mile) stretch of railway, an official from Uganda stated.

Perez Wamburu, the project coordinator for Uganda’s Standard Gauge Railway, stated that the agreement covered the first phase of a 1,700 km electrified train line, costing 2.7 billion euros ($3 billion).

According to Wamburu, work on the project will begin in November.

At the signing event, Bageya Waiswa, the permanent secretary of Uganda’s works ministry, stated that the project will boost trade and lower transportation costs.

He stated that Uganda will finance the project, which will take 48 months to finish once it is underway, using both its own money and loans from export credit institutions.

The rail segment will connect landlocked Uganda to its neighbour’s rail network at the Kenyan border, Malaba, and eventually the Indian Ocean seaport of Mombasa. It will stretch from the capital, Kampala, to this location.

Uganda and China Harbour and Engineering Company Ltd. (CHEC) reached an agreement in 2015 to carry out the project, provided that CHEC assisted in obtaining funding for the railway from the Chinese government.

Uganda ended the deal last year and started negotiations with Yapi Merkezi, which is working on a project identical to this in adjacent Tanzania, after years of failed negotiations.

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Musings From Abroad

Russia’s Wagner claims to have recovered bodies of its mercenaries from July deadly attack

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The Wagner mercenary outfit from Russia announced that its forces had found the bodies of its mercenaries who were slain in a confrontation with Islamists and Tuareg rebels in July in the Mali desert sandstorm.

An Islamist insurgency that has been raging for years in Mali, where military authorities took control in coups in 2020 and 2021, originated from a Tuareg separatist revolt in the country’s north of the Sahel.

In July, Wagner stated that it suffered significant losses in the conflict, which it fought with the Malian military, but did not provide many specifics.

“An operation was completed to return the bodies of our brothers, who in July 2024 heroically took up the fight with Islamists many times outnumbered,” Wagner said in a rare statement on Telegram late on Tuesday.

The July battle’s defeat highlighted the risks faced by Russian mercenary forces used by military juntas, which are fighting to rein in rebels and potent branches of Al Qaeda and the Islamic State in the parched Sahel of Mali, Burkina Faso, and Niger.

The army of Mali announced in a statement that it had also located and removed the soldiers’ bodies from the scene of the July attack.

Wagner stated that the rebel group had recovered the combatants’ bodies, but a spokesman for the group refuted this.

“It’s not true, there are no Wagner bodies there,” Mohamed Elmaouloud Ramadane, a spokesman for a Tuareg organisation known as the Permanent Strategic Framework for Peace, Security and Development, told journalists.

He said on social media on Sunday that shortly after the battle, the rebels removed the Wagner bodies from the area.

The assertions follow a pattern of contradictory statements: last week, the rebels maintained that both of their fighters who were seized in Mali were still alive, but Wagner said that two of them had passed away.

According to Wagner, its fighters had traversed a desolate region “teeming with Azawad militants” close to Tinzaouaten in north Mali.

“The bodies of our fallen brothers will return to the homeland,” Wagner said. “We do not leave our own, and all of them – dead or alive – will be returned home.”

 

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