• Latest
  • Trending
  • All
  • Politics
  • Economy
  • Security
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Opinion
  • Columns
  • Exposé
  • World
  • Lifestyle
China’s Investment In Africa Not A Trap— Envoy

China’s Investment In Africa Not A Trap— Envoy

3 years ago
UN Votes In Support Of Reparations, Apology Over Enslavement Of Africans

UN Votes In Support Of Reparations, Apology Over Enslavement Of Africans

8 hours ago
Ghana, EU Sign Defence Pact

Ghana, EU Sign Defence Pact

9 hours ago
Life Expectancy In Nigeria Remains Below Global Standard At 54.6 Years

Only 6% Of Nigerians Feel Financially Secure Despite Easing Inflation, Survey Finds

9 hours ago
Putin Assures “African Friends” Support To Fight Terrorism, Food Shortage

Russia Angered Over Strike On Iran’s Nuclear Plant Site

11 hours ago
South Africa: Court Summons Police Chief Over Controversial $21m Contract Deal

South Africa: Court Summons Police Chief Over Controversial $21m Contract Deal

11 hours ago
Thursday, March 26, 2026
  • About
  • HT Management
  • Privacy Policy
Heritage Times
No Result
View All Result
Translate |
  • Login
  • Politics
    Zimbabwe: Cabinet Moves To Extend 83-Yr-Old Mnangagwa’s Tenure Beyond 2028

    Zimbabwe: Opposition Figure Challenging Mnangagwa’s Tenure Extension Arrested

    Madagascar: Ministerial Applicants To Undergo Compulsory Lie Detector Tests — President

    Madagascar: Ministerial Applicants To Undergo Compulsory Lie Detector Tests — President

    Congo: Voting Ends As Observers Report Low Turnout

    Congo: Voting Ends As Observers Report Low Turnout

    French Foreign Minister Visits CAR To Renew Ties

    French Foreign Minister Visits CAR To Renew Ties

    Opposition Leader, Bobi Wine Flees Uganda, Cites Rising Threats

    Opposition Leader, Bobi Wine Flees Uganda, Cites Rising Threats

    35-Year-Old Rapper Set To Become Nepal’s Youngest Prime Minister

    35-Year-Old Rapper Set To Become Nepal’s Youngest Prime Minister

    Nguesso Set To Extend 4-Decades Rule As Congo Republic Votes Sunday

    Nguesso Set To Extend 4-Decades Rule As Congo Republic Votes Sunday

    Trump Says Appointment Of New Iran’s Supreme Leader “Big Mistake”

    Trump Says Appointment Of New Iran’s Supreme Leader “Big Mistake”

    Trump Threatens 25% Tariffs On iPhones Not Produced In US

    Trump Says New Iran’s Leader Can Only Last With Washington’s Approval

  • Economy
    Life Expectancy In Nigeria Remains Below Global Standard At 54.6 Years

    Only 6% Of Nigerians Feel Financially Secure Despite Easing Inflation, Survey Finds

    Senegal Exceeds Target, Raises $644 Million From Local Bond

    Senegal Denies Secret €650m Loan Deal, Defends Debt Strategy

    Russia’s Damaged Tanker To Be Moved From Mediterranean To Libya Port

    Russia’s Damaged Tanker To Be Moved From Mediterranean To Libya Port

    Ethiopia Revives Stock Exchange After 50-Year Hiatus

    Ethiopia Identifies Currency Swings, Inflation As Key Economic Threats

    Musk Offers To Offset Salaries Of US Airport Security Officials

    Musk Offers To Offset Salaries Of US Airport Security Officials

    Middle East Crisis Leaves African Airlines Battling Skyrocketing Running Costs

    Middle East Crisis Leaves African Airlines Battling Skyrocketing Running Costs

    Vessel Carrying Fuel Originally Bound For Cuba Diverts To Trinidad

    Vessel Carrying Fuel Originally Bound For Cuba Diverts To Trinidad

    Nigeria, UK Sign £746m Deal To Revive Tin Can, Apapa Ports

    Nigeria, UK Sign £746m Deal To Revive Tin Can, Apapa Ports

    Nigeria: ExxonMobil, Shell, Others Agree To End Lawsuits Against NNPC Over Oil Contracts

    Nigeria: Anti-Graft Agency Returns ₦4bn Recovered Funds To NNPC

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
  • Politics
    Zimbabwe: Cabinet Moves To Extend 83-Yr-Old Mnangagwa’s Tenure Beyond 2028

    Zimbabwe: Opposition Figure Challenging Mnangagwa’s Tenure Extension Arrested

    Madagascar: Ministerial Applicants To Undergo Compulsory Lie Detector Tests — President

    Madagascar: Ministerial Applicants To Undergo Compulsory Lie Detector Tests — President

    Congo: Voting Ends As Observers Report Low Turnout

    Congo: Voting Ends As Observers Report Low Turnout

    French Foreign Minister Visits CAR To Renew Ties

    French Foreign Minister Visits CAR To Renew Ties

    Opposition Leader, Bobi Wine Flees Uganda, Cites Rising Threats

    Opposition Leader, Bobi Wine Flees Uganda, Cites Rising Threats

    35-Year-Old Rapper Set To Become Nepal’s Youngest Prime Minister

    35-Year-Old Rapper Set To Become Nepal’s Youngest Prime Minister

    Nguesso Set To Extend 4-Decades Rule As Congo Republic Votes Sunday

    Nguesso Set To Extend 4-Decades Rule As Congo Republic Votes Sunday

    Trump Says Appointment Of New Iran’s Supreme Leader “Big Mistake”

    Trump Says Appointment Of New Iran’s Supreme Leader “Big Mistake”

    Trump Threatens 25% Tariffs On iPhones Not Produced In US

    Trump Says New Iran’s Leader Can Only Last With Washington’s Approval

  • Economy
    Life Expectancy In Nigeria Remains Below Global Standard At 54.6 Years

    Only 6% Of Nigerians Feel Financially Secure Despite Easing Inflation, Survey Finds

    Senegal Exceeds Target, Raises $644 Million From Local Bond

    Senegal Denies Secret €650m Loan Deal, Defends Debt Strategy

    Russia’s Damaged Tanker To Be Moved From Mediterranean To Libya Port

    Russia’s Damaged Tanker To Be Moved From Mediterranean To Libya Port

    Ethiopia Revives Stock Exchange After 50-Year Hiatus

    Ethiopia Identifies Currency Swings, Inflation As Key Economic Threats

    Musk Offers To Offset Salaries Of US Airport Security Officials

    Musk Offers To Offset Salaries Of US Airport Security Officials

    Middle East Crisis Leaves African Airlines Battling Skyrocketing Running Costs

    Middle East Crisis Leaves African Airlines Battling Skyrocketing Running Costs

    Vessel Carrying Fuel Originally Bound For Cuba Diverts To Trinidad

    Vessel Carrying Fuel Originally Bound For Cuba Diverts To Trinidad

    Nigeria, UK Sign £746m Deal To Revive Tin Can, Apapa Ports

    Nigeria, UK Sign £746m Deal To Revive Tin Can, Apapa Ports

    Nigeria: ExxonMobil, Shell, Others Agree To End Lawsuits Against NNPC Over Oil Contracts

    Nigeria: Anti-Graft Agency Returns ₦4bn Recovered Funds To NNPC

  • Security
  • Education
  • Sports
  • Health
  • Metro
  • Entertainment
  • Lifestyle
  • Legal
  • Tech & Science
  • Opinion
  • Exposé
  • Exclusive Videos
  • Niger Delta
  • World
No Result
View All Result
First with the News

China’s Investment In Africa Not A Trap— Envoy

December 13, 2022
in Top Stories, World
0
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

By Enyichukwu Enemanna

China’s ambassador to the United States Qin Gang has rejected claims that Beijing has contributed in plunging African countries into debt, insisting rather that China is offering benefits to the continent and not a trap.

Relatedreading

UN Votes In Support Of Reparations, Apology Over Enslavement Of Africans

Ghana, EU Sign Defence Pact

“China’s investment and financing assistance to Africa is not a trap. It is a benefit,” Qin told a Semafor news event in Washington during a forum ahead of a US-Africa summit commencing on Tuesday.

He cited a report that African countries owe three times more debt to Western institutions.

President Joe Biden of United States is set to host about 50 of African leaders for a 3-day summit in Washington, D.C., to discuss pressing challenges from food security to climate change for the first time since the Obama administration held one in 2014.

Qin said African countries should be places for international cooperation, including between China and the United States, for the benefit of Africans, not “geopolitical games.”

Qin cited a July study by the British charity, Debt Justice, that said African countries owed three times more debt to Western institutions than to China.

“China is not the biggest creditor of African debts,” Qin said. “The debt owned by China is only a small amount.”

“You can see hospitals, highways, airports, stadiums,” Qin added, calling for “concrete and workable measures” from the U.S. summit to help Africa.

Last year, U.S. Secretary of State Antony Blinken said Washington would have to do things differently to help Africa with its infrastructure needs following the Trump administration’s insulting remarks about African countries. He also said it was time to stop treating the continent as a subject of geopolitics and rather as a major player on its own.

US officials, which have faced criticism for ignoring Africa, have characterized Chinese lending as “predatory” and leading to potential “debt traps.” The United States is now focusing on facilitating private investment.

US Deputy Secretary of Commerce Don Graves, speaking earlier at the forum, said that China was the largest investor in Africa, and that U.S. companies had not always been interested in engaging in development projects.

“We took our eye off the ball, so to speak, and U.S. investors and companies are having to play catch up,” Graves said.

Tags: breakingChinaHeritageheritage timesheritagetimesmedialatestnewsthe heritage timesthtthtafricatop stories
ShareTweetSend
Previous Post

Joshua Set For Boxing Return, Part Ways With Coach

Next Post

Nigerian Govt Relaxes COVID-19 Travel Protocol

Related Posts

UN Votes In Support Of Reparations, Apology Over Enslavement Of Africans

UN Votes In Support Of Reparations, Apology Over Enslavement Of Africans

March 25, 2026
Ghana, EU Sign Defence Pact

Ghana, EU Sign Defence Pact

March 25, 2026
Life Expectancy In Nigeria Remains Below Global Standard At 54.6 Years

Only 6% Of Nigerians Feel Financially Secure Despite Easing Inflation, Survey Finds

March 25, 2026

Russia Angered Over Strike On Iran’s Nuclear Plant Site

South Africa: Court Summons Police Chief Over Controversial $21m Contract Deal

Senegal Denies Secret €650m Loan Deal, Defends Debt Strategy

Next Post
Nigerian Govt Relaxes COVID-19 Travel Protocol

Nigerian Govt Relaxes COVID-19 Travel Protocol

Please login to join discussion
  • About
  • HT Management
  • Privacy Policy

© 2025 Heritage Times (HT) Media.

No Result
View All Result
  • Welcome
  • Politics
  • Economy
  • Security
  • Exposé
  • Education
  • Sports
  • Health
  • Entertainment
  • Legal
  • Technology and Science
  • Columns
    • Opinion
  • World
  • __________________
  • Make a Donation
  • Photo Speaks
  • Videos
  • You-Report
  • Whistleblower
  • Advertise
  • HT Events
  • HT Management
  • About HT
  • Contact us

© 2025 Heritage Times (HT) Media.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In