In African higher education, China is racing ahead
When the U.S. government’s private-investment arm teamed with New York-based real-estate investor W.P. Carey Inc. to finance the expansion of a prestigious university in Ghana, it was meant to demonstrate a novel for-profit funding model for development projects in Africa.
Instead, it left a wasteland of unfinished lecture halls, dormitories and a pile of litigation. And it marked a high-profile setback for U.S. government efforts to counter China’s growing investment influence on the continent.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mr. Eazi Wants to Expand Africa’s Reach — One Music Video at a Time“There is no company in the world solely committed to servicing African music,” the Nigerian singer Mr. Eazi says. He aims to change that with emPawa Africa
Read more »
Foreign Investment In U.S. Real Estate PlungesThe U. S. housing market has hit another stumbling block, as purchases of homes by foreign buyers has dropped a dramatic 36%, according to a report by the National Association of Realtors.
Read more »
US concerned over China's 'interference' in South China SeaThe United States has accused China of 'provocative actions' that interfere with oil and gas activities in the disputed waters of the South China Sea, where Vietnam says its sovereignty is being violated.
Read more »
50 years after US moon landing, China is catching up in the space raceFifty years ago, when the Apollo 11 astronauts became the first human beings to land on the moon, the Chinese space program had yet to launch a single satellite.
Read more »
Trump win on short-term health plans advances his effort to undo ObamacareA federal judge has ruled that the Trump administration can expand the sale of short-term health insurance policies that don’t meet the standards of the Affordable Care Act, advancing the government’s efforts to undo Obamacare
Read more »
WTA roundup: Rybakina advances to Bucharest semifinalsKazakhstan's Elena Rybakina upset second-seeded Viktoria Kuzmova of Slovaki...
Read more »