The China in Africa Podcast

• China's Evolution from "Rules Taker" to "Rules Maker" in Development Finance

  As China's economic influence expands, so does its ambition to shape the very system that once constrained it. In this episode of The China-Global South Podcast, Eric speaks with Greg Chin and Kevin Gallagher from Boston University's Global Development Policy Center about their new book that details China's transformation from a "rules taker" within the Bretton Woods system to a "rules maker" who's now reshaping the international development finance architecture. Greg and Kevin explore the country's growing role in the IMF and World Bank, its creation of new institutions like the Asian Infrastructure Investment Bank (AIIB) and the New Development Bank (NDB), and what this means for developing nations navigating between Western and Chinese-led finance. CHAPTERS: • Introduction – A brief calm in U.S.–China tensions • Rule Taker → Rule Maker – China's rise inside global finance • Building Alternatives – Creating the AIIB and NDB • Two-Way Countervailing Power – Leveraging inside–outside influence • Green Finance and "Next Practices" – Raising the bar on development norms • Debt and Diplomacy – How China handles restructuring • Institutional Layering – Shaping without dismantling • Washington's Dilemma – Anxiety over losing control • The Global South's New Agency – More options, more leverage • A New Multilateral Moment – Uncertain future for global governance SHOW NOTES: 📚 Read the book (free download) JOIN THE DISCUSSION: X: @ChinaGSProject | @eric_olander | @christiangeraud Facebook: www.facebook.com/ChinaAfricaProject YouTube: www.youtube.com/@ChinaGlobalSouth Now on Bluesky! Follow CGSP at @chinagsproject.bsky.social FOLLOW CGSP IN FRENCH & SPANISH:  French: www.projetafriquechine.com | @AfrikChine Spanish: www.chinalasamericas.com | @ChinaAmericas JOIN US ON PATREON! Become a CGSP Patreon member and get all sorts of cool stuff, including our Week in Review report, an invitation to join monthly Zoom calls with Eric & Cobus, and even an awesome new CGSP Podcast mug! www.patreon.com/chinaglobalsouth

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• Kenya's Chinese Debt Swap Comes With a Hidden Currency Risk

  The Kenyan Treasury last month announced a breakthrough in its years-long effort to restructure billions of dollars still owed to the China Exim Bank that were used to build the Standard Gauge Railway. The two sides agreed to convert the remaining $3.5 billion of debt from higher-interest-rate U.S. dollar-denominated loans to more affordable yuan-denominated loans, which would potentially generate $215 million in savings for the Treasury. Both Ethiopia and Indonesia are also in talks with Chinese creditors doing the same kind of currency swap to restructure billions of dollars of railway loans. Yufan Huang, a pre-doctoral fellow with the China-Africa Research Initiative at Johns Hopkins University and one of the world's leading experts on Chinese debt restructuring, joins Eric to discuss Kenya's new swap and why the promised savings could be illusory. 📍Chapters 🎙️ Introduction – Why Kenya's debt deal matters 🚄 Background – How the SGR loans were structured 💱 Conversion – What's changing: USD→RMB explained 🏆 Winners – Kenya, China Exim Bank, and Beijing ⚖️ Risks – Currency exposure and yuan appreciation 🌍 Comparisons – Lessons from Angola, Ethiopia, and Indonesia 💬 Analysis – China's evolving debt relief strategy 🏦 Policy Context – IMF, Common Framework, and next steps 📈 Takeaways – Short-term relief or "kicking the can"? JOIN THE DISCUSSION: X: @ChinaGSProject | @eric_olander |  Facebook: www.facebook.com/ChinaAfricaProject YouTube: www.youtube.com/@ChinaGlobalSouth Now on Bluesky! Follow CGSP at @chinagsproject.bsky.social FOLLOW CGSP IN FRENCH & SPANISH:  French: www.projetafriquechine.com | @AfrikChine Spanish: www.chinalasamericas.com | @ChinaAmericas JOIN US ON PATREON! Become a CGSP Patreon member and get all sorts of cool stuff, including our Week in Review report, an invitation to join monthly Zoom calls with Eric & Cobus, and even an awesome new CGSP Podcast mug! www.patreon.com/chinaglobalsouth

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• Folashadé Soulé on the Evolution of African Agency in China Relations

  Ghana's negotiations for a China–Ghana free trade deal have sparked a fierce national debate. Political leaders are hailing it as a breakthrough for exporters, while manufacturers warn of being swamped by cheaper Chinese imports. At the heart of the discussion lies a deeper question: how much power do African countries really have to shape their trade relationships with China? To unpack both the deal and the broader question of "agency" in Africa–China relations, Eric & Cobus speak with Folashadé Soulé of the University of Oxford's Global Economic Governance Program. She explains her new framework on five types of African agency, from presidential to civil society, and how African actors at every level use strategy, negotiation, and intent to influence outcomes with Beijing. ⏱️ CHAPTERS: Introduction The Free Trade Debate in Ghana Non-Tariff Barriers & Export Reality Check Africa's Structural Challenge Introducing Agency in Africa–China Relations Five Typologies of Agency Presidential vs. Executive Agency Bureaucratic Agency Civic & Civil Society Agency The "Agency Turn" Western Narratives & Misconceptions Accountability, Corruption, Intentionality Final Reflections SHOW NOTES: Cambridge University Press: The Study of Agency in Africa–China Relations: The Case for Typologies by Folashadé Soulé (open access) JOIN THE DISCUSSION: X: @ChinaGSProject | @eric_olander |  Facebook: www.facebook.com/ChinaAfricaProject YouTube: www.youtube.com/@ChinaGlobalSouth Now on Bluesky! Follow CGSP at @chinagsproject.bsky.social FOLLOW CGSP IN FRENCH & SPANISH:  French: www.projetafriquechine.com | @AfrikChine Spanish: www.chinalasamericas.com | @ChinaAmericas JOIN US ON PATREON! Become a CGSP Patreon member and get all sorts of cool stuff, including our Week in Review report, an invitation to join monthly Zoom calls with Eric & Cobus, and even an awesome new CGSP Podcast mug! www.patreon.com/chinaglobalsouth

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• [CGSP FORUM] Africa's Energy Future and China: Gauging the Price of Power

  In CGSP's first-ever China–Africa Energy Forum, Managing Editor Cobus van Staden hosts three leading experts to explore how Chinese finance, technology, and policy are transforming Africa's power landscape: Frangton Chiyemura Lecturer in International Development, Open University Wei Shen Research Fellow, Institute for Development Studies Adjekai Adjei Non-Resident Fellow for Africa, The China-Global South Project Drawing on CGSP's new China–Africa Energy Tracker and a groundbreaking report "Powering Africa: China's Expanding Role in the Continent's Energy Future," the panel examines $33 billion in Chinese energy investments across 30 African countries, the rise of renewables, and the shift from "big infrastructure" to "small and beautiful" projects. 🔹 00:00 Introduction — Launch of CGSP's China–Africa Energy Forum & Energy Tracker 🔹 05:20 China's $33B in African power projects: scope and strategy 🔹 14:10 The pivot to renewables: hydropower, solar, and green innovation 🔹 26:45 Financing models, data transparency, and technology transfer 🔹 39:10 Balancing opportunity and dependency in the energy transition 🔹 50:00 Mining, electrification, and the "small and beautiful" Belt and Road 🔹 1:02:00 Audience Q&A — policy, finance, and the future of Africa's grids Originally broadcast live on YouTube, LinkedIn, X, and Facebook, this conversation kicks off CGSP's new global discussion series on China's role in the Global South. JOIN THE DISCUSSION: X: @ChinaGSProject | @eric_olander | @christiangeraud Facebook: www.facebook.com/ChinaAfricaProject YouTube: www.youtube.com/@ChinaGlobalSouth Now on Bluesky! Follow CGSP at @chinagsproject.bsky.social FOLLOW CGSP IN FRENCH & SPANISH:  French: www.projetafriquechine.com | @AfrikChine Spanish: www.chinalasamericas.com | @ChinaAmericas JOIN US ON PATREON! Become a CGSP Patreon member and get all sorts of cool stuff, including our Week in Review report, an invitation to join monthly Zoom calls with Eric & Cobus, and even an awesome new CGSP Podcast mug! www.patreon.com/chinaglobalsouth

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• Kenya's China Debt Deal Challenges Old Narratives

  Kenya and China have reached a groundbreaking agreement to restructure $3.5 billion in railway loans, converting them from U.S. dollars into Chinese yuan. The move could save Kenya $215 million in debt servicing costs and marks the first time an African nation has shifted major sovereign debt into RMB — a potential model for other Global South countries. In this episode, Eric & Géraud unpack what this deal really means for Kenya, China, and the broader narrative around China's "debt-trap diplomacy." They explore how the agreement challenges old assumptions, what it says about the future of RMB internationalization, and whether other countries — like Indonesia — could follow suit. Chapters: 00:00 – Introduction 02:45 – How the Kenya–China debt swap works 09:30 – Why this deal matters for China's RMB ambitions 15:10 – The myth of the "debt trap" revisited 25:40 – Lessons for other Global South economies 34:00 – Cameroon's shifting trade ties with China and France JOIN THE DISCUSSION: X: @ChinaGSProject | @eric_olander | @christiangeraud Facebook: www.facebook.com/ChinaAfricaProject YouTube: www.youtube.com/@ChinaGlobalSouth Now on Bluesky! Follow CGSP at @chinagsproject.bsky.social FOLLOW CGSP IN FRENCH: www.projetafriquechine.com | @AfrikChine JOIN US ON PATREON! Become a CGSP Patreon member and get all sorts of cool stuff, including our Week in Review report, an invitation to join monthly Zoom calls with Eric & Cobus, and even an awesome new CGSP Podcast mug! www.patreon.com/chinaglobalsouth

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