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    China embraces Tinubu, other African leaders in pursuit of huge loans

    Opalim LiftedBy Opalim LiftedSeptember 2, 2024No Comments3 Mins Read
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    SERAP asks Tinubu to probe N2.9bn missing funds in NIGCOMSAT, NNRA
    President Bola Tinubu
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    China on Monday rolled out the red carpet for leaders from across Africa, including President Bola Tinubu, seeking to deepen ties with the resource-rich continent it has furnished with billions in loans for infrastructure and development.

    Beijing has said this week’s China-Africa forum will be its largest diplomatic event since the COVID-19 pandemic, with more than a dozen leaders and delegations expected.

    China has sent hundreds of thousands of workers to Africa to build its megaprojects while tapping the continent’s vast natural resources including copper, gold, lithium and rare earth minerals.

    Its vast loans to the continent have funded infrastructure but also stoked controversy by saddling countries with huge debts.

    China, the world’s number two economy, is Africa’s largest trading partner, with bilateral trade hitting $167.8 billion in the first half of this year, according to Chinese state media.

    Security is tight across Beijing, with roads and bus stops bedecked with banners declaring China and the continent are “joining hands for a brighter future”.

    Among the leaders in the capital is South African President Cyril Ramaphosa, who arrived early Monday for a four-day visit during which he will also visit the southern tech powerhouse city of Shenzhen.

    • African leaders, Tinubu in China eye huge loans, investment

    Trade between China and South Africa soared to $38.8 billion in 2023, according to the South African presidency.

    Ramaphosa is set to take part in a welcoming ceremony Monday at Beijing’s ornate Great Hall of People and lay a wreath “in honour of Chinese revolutionaries” in Tiananmen Square, his office said.

    The two countries will sign a number of agreements focused on “enhancing economic cooperation and the implementation of technical cooperation”, it added.

    Expanding influence

    On Monday, President Xi Jinping met with Democratic Republic of the Congo Felix Tshisekedi, state news agency Xinhua said.

    China has a significant presence in the DRC, where it is keen on tapping vast natural resources including copper, gold, lithium and rare earth minerals.

    But it has grappled with security issues in the country — in July, local sources told AFP that a militia attack on a mining site in gold-rich Ituri province killed at least four Chinese nationals.

    Leaders of Djibouti — home to China’s first overseas military base — as well as Equatorial Guinea, Nigeria, Mali and others, also arrived in Beijing on Sunday and Monday.

    Beijing’s loans to African nations last year were their highest in five years, research by the Chinese Loans to Africa Database found. Top borrowers were Angola, Ethiopia, Egypt, Nigeria and Kenya.

    But the data showed that loans were well down compared to highs in 2016, when they totalled almost $30 billion.

    And the loans were increasingly to local banks, researchers said, helping to avoid “exposing Chinese creditors to credit risks associated with those countries”.

    Analysts say an economic slowdown in China has made Beijing increasingly reluctant to shell out big sums.

    This week’s summit comes as African leaders eye mounting great power competition between the US and China over resources and influence on the continent.

    Washington has warned against what it sees as Beijing’s malign influence.

    In 2022, the White House said China sought to “advance its own narrow commercial and geopolitical interests (and) undermine transparency and openness”.

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    Oyo police deny reports of a bandit attack in Ogbomoso, saying panic was triggered by false rumours and misinformation.

    Police arrest three Man O’ War members for killing FUTO student

    Terrorists kidnap ex-defence spokesman, Maj-Gen Abubakar, wife

    Terrorists kidnap ex-defence spokesman, Maj-Gen Abubakar, wife

    Atiku Abubakar criticises Bola Tinubu over insecurity and re-election comments

    Atiku berates Tinubu, Wike over blocking of PDP event in Abuja

    Peter Obi reacts to the kidnapping of students in Borno and Oyo states, describing the attacks as a threat to Nigeria’s future and education sector.

    Obi accepts NDC presidential ticket, promises to end insecurity

    Rev. Fr. Anthony Odiong, a US-based Nigerian Louisiana Catholic priest, was arrested in Florida on Tuesday for possessing child pornography, according to law authorities.  The suspect is reportedly accused of many other cases of sexual assault.  The Waco, Texas, Police Department announced in a Facebook post on Tuesday that officers detained Father Anthony Odiong in Ave Maria, Florida, with assistance from the United States Marshals Service.  Waco police announced in March that they had received "credible information" about a sexual assault allegedly committed by Odiong in Texas in 2012. “During the subsequent investigation, a case of possession of child pornography was uncovered,” the police said.  The priest was apprehended in Florida by the Caribbean Regional Fugitive Task Force.  The Waco Police Department said that he will be extradited to Texas.  Odiong had previously served in the Archdiocese of New Orleans before being removed as priest in December of last year due to controversy over homilies in which he claimed, among other things, that the Catholic Church was being taken over by "the gays." At the time, the priest was also accused of abusive behaviour; a Louisiana lady claimed in U.S. bankruptcy court that Odiong had committed both financial and sexual abuse against her.  Prior to joining the New Orleans Archdiocese, Odiong served in at least two Texas parishes.  On Tuesday, Waco police stated that during their sexual assault investigation, "the presence of other survivors was revealed." “Multiple women have come forward to tell similar experiences as the sexual assault survivor who reported the initial allegation,” the police department said.  “Survivors’ experiences ranged from sexual assault and indecent assault, more commonly recognised as groping, and financial abuse, with some survivors experiencing every element of Anthony Odiong’s manipulation.” The police said they “believe there may be more survivors, and we wish to speak with anyone who [has] had similar encounters” with the priest. The Archdiocese of New Orleans issued a brief news release on Tuesday noting Odiong's arrest in Florida. The archdiocese “encourages anyone with any information to contact law enforcement,” the release said.

    Odiong: US-based Nigerian Catholic priest convicted over sexual assault

    PDP ratifies Jonathan as presidential candidate Saturday

    Jonathan named Turaki–led PDP presidential candidate in absentia

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    Oyo police deny reports of a bandit attack in Ogbomoso, saying panic was triggered by false rumours and misinformation.

    Police arrest three Man O’ War members for killing FUTO student

    May 31, 2026
    Terrorists kidnap ex-defence spokesman, Maj-Gen Abubakar, wife

    Terrorists kidnap ex-defence spokesman, Maj-Gen Abubakar, wife

    May 31, 2026
    Club Brugge netted a thrilling late equalizer while battling back twice against Atletico Madrid, leaving their Champions League knockout phase play-off tie finely balanced.

    Atletico Madrid open to sell Ademola Lookman

    May 31, 2026
    Atiku Abubakar criticises Bola Tinubu over insecurity and re-election comments

    Atiku berates Tinubu, Wike over blocking of PDP event in Abuja

    May 30, 2026
    Peter Obi reacts to the kidnapping of students in Borno and Oyo states, describing the attacks as a threat to Nigeria’s future and education sector.

    Obi accepts NDC presidential ticket, promises to end insecurity

    May 30, 2026
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