Over the years, China has become one of the biggest African trade partners. The Chinese have invested billions of dollars into the African continent in form of debts given to these countries. Below is a list of the top ten African countries with the largest Chinese debt: 1. Angola Angola is the most indebted African country to China. It has an estimated debt of over US$25 billion. Shocking, but that’s the reality at hand. Most of Angolan oil is going towards the repayment of Chinese debts, despite Angola being the second largest producer of oil in Africa. 2. Ethiopia All those Chinese infrastructural development projects in the East African country are coming at a heavy price. Ethiopia has an estimated debt of US$13.5 billion. The debt levels have slowed down some projects due to repayment issues, but there is now a new structure for these debts that makes it a little bit affordable for Ethiopia to repay. 3. Kenya Even after the discovery of oil in the northern part of the co...

A picture taken on February 4, 2019 shows the Huawei logo displayed on a tablet in Paris. – A government amendment to establish a pre-authorization for the operation of telecom networks, with a view to deploy 5G, received on February 4, 2019 an “unfavorable opinion” from the special commission charged with examining the draft law Pact. (Photo by Lionel BONAVENTURE / AFP) Beijing called the latest US warning against using Huawei equipment “groundless” on Tuesday, as the Chinese telecom giant faces espionage fears in a growing number of countries. The world’s second-largest smartphone maker and biggest producer of telecommunications gear has been under fire in recent months after the arrest of a top executive in Canada and a global campaign by Washington to blacklist its equipment. “The US has spared no effort in unscrupulously fabricating all kinds of groundless charges,” said Chinese foreign ministry spokeswoman Hua Chunying at a regular press briefing in Beijing Tuesday. ...