China May Take Over Kenya’s Largest Port Over Unpaid Chinese Loan
Harbor and Port of Mombasa (Andrew Thomas)
China may exercise an option that could allow it to take over Kenya’s largest port:
China To Take Over Kenya’s Largest Port Over Unpaid Chinese Loan
December 27, 2018
After years of “benevolent” handouts to various African countries by Beijing, all of which however came in the form of loans, of which few have led to viable, long-term projects and cash-flow generating assets, and led to accusations that China is pursuing a “new colonialism” of the African continent (and more recently, nations along the One Belt, One Road corridor), China is demonstrating to the world what happens when its debtors refuse to pay up. …
China is likely to take over Kenya’s lucrative Mombassa port if Kenya Railways Corporation defaults on its loan from the Exim Bank of China.
Call it a “debt-for-sovereign equity” exchange with a twist.
China’s aggressive strategy emerged when a leaked audit report showed that the Kenyan government had inexplicably waived its sovereign immunity on the Kenya Ports Asset when signing the agreement, thus exposing the Kenya Port Authority to foreclosure – and confiscation – by China’s Exim Bank.
The report said that “the payment arrangement agreement substantively means that the Authority’s revenue would be used to pay the Government of Kenya’s debt to China Exim bank if the minimum volumes required for [rail] consignment were not met”, auditor F.T Kimani wrote. “The China Exim bank would become a principal over KPA if KRC defaults in its obligations, reports Africa Stand and All Africa news.
KRC accepted the multi-billion dollar loan from the Chinese institution to build the Mombassa-Nairobi standard gauge railway (SGR), with construction services provided by China Roads and Bridges Corporation (CRBC), a division of state-owned conglomerate China Communications Construction Company (CCCC), which is why some have said the loan was a low-risk, full recourse vendor financing, one where it is China who gets all the upside while sticking the naive natives with all the potential downside, as the “worst-case scenario” now confirms. …
Meanwhile, in addition to putting the port at risk for a Chinese takeover, at stake is also the Inland Container Depot in Nairobi, which receives and dispatches freight hauled on the new cargo trains from the sea port. …
More recently, in September 2018 Zambia lost Kenneth Kaunda International Airport to China over failure of debt repayment.
And while some may gawk at the unprecedented loophole that was left to grant China what is effectively the takeover of a strategist sovereign assets, some suspect that backdoor financial dealings may have been involved becuase as African Stand writes, it is “indiscernible” how KPA signed the loan agreement as a borrower, in one of the toxic clauses subsequently exposing its assets to the Chinese clamp.
“…any proceeding(s) against its assets (KPA) by the lender would not be protected by sovereign immunity since the Government waived the immunity on the Kenya Ports Assets by signing the agreement,” the auditor wrote.
Whatever the reason for the glaring oversight, and the imminent “confiscation” of this critical African asset by Beijing, slowly but surely China’s intrepid vision behind first colonizing Africa (using China-funded loans) and subsequently much of Asia with the “One Belt, One Road” initiative is becoming quite clear. https://www.zerohedge.com/news/2018-12-26/china-take-over-kenyas-largest-port-over-unpaid-chinese-loan
Debt is one reason some nations have balked at aspects of China’s One Belt, One Road initiative.
That being said, as I reported here earlier this month, the EU, USA, Russia, and China all have interest in Africa, but China looks like it has spent the most money (see EU, US, Russia, and China vie for Africa: Which claims it as its destiny?).
And as I reported then, “the USA is not thrilled with this. It is not likely that the USA would pour anything like the amount of funding into Africa that the Chinese have been doing.”
But what about Europe? Does it have any plans or intentions towards Africa?
Well, in his September 2018 ‘State of the European Union’ speech, European Commission (EC) President Jean-Claude Juncker said that the EU must “become a more sovereign actor on the world stage.” Regarding Africa, he proposed a, “trade deal with Africa, to attract more private investment to the continent and create up to 10 million jobs” (see Juncker’s ‘State of the European Union’ address: Wants EU to be a real global player, including in Africa).
Basically, European Commission president Jean Claude Juncker wants the EU more united, more influential in Africa, wants the Euro to be the replacement currency for the USA dollar, wants stronger border enforcement, and wants the EU to be able to defend itself without the USA. Pretty much all of those things will happen according to biblical prophecies.
Furthermore, notice the following which shows very strong European interest in Africa from at least one EU leader, who was once the Dutch defence minister:
Named as the centre-left’s candidate for the next EU Commission President, Frans Timmermans announced … “So, whose fate is going to be dealt with by whom: Europe’s fate by Africans, Africa’s fate by Europeans. We are in this together. Our destinies are linked,” he said, pledging to ensure developing the third world continent is “high on the agenda” because its population — which is set to more than double to 2.2 billion by 2050 — “is a common responsibility” for the entire bloc. https://www.breitbart.com/europe/2018/12/11/diverse-timmermans-nominated-eu-chief/
Yes, Africa’s destiny is to be more closely tied with Europe, for a time.
It may well be that Europe will provide loans and/or other funding to Africa to attempt to diminish Chinese and American influence.
What about prophecy?
Well, the Bible shows that a lying deal will be made between the future King of the North (a European-based power) and the King of the South (a northern African/Middle Eastern based power):
27 Both these kings’ hearts shall be bent on evil, and they shall speak lies at the same table; but it shall not prosper, for the end will still be at the appointed time. (Daniel 11:27)
So, the destiny of part of Africa is to be temporarily aligned with Europe. While nations like Kenya are NOT expected to be part of the coming King of the South, Kenya and other nations will trade with Europe and see some prosperity coming from such trading (cf. Revelation 13, 17, & 18).
The Bible shows that when African and other peoples see the European Beast power they will marvel:
8 The beast that you saw was, and is not, and will ascend out of the bottomless pit and go to perdition. And those who dwell on the earth will marvel, whose names are not written in the Book of Life from the foundation of the world, when they see the beast that was, and is not, and yet is (Revelation 17:8).
They will marvel because of the great wealth, because they did not think Europe would gain such prominence, and because its leadership will have performed various signs and wonders. The Bible shows that after the re-emerging European Empire finally forms, that it will increase the prosperity of many nations. And to a degree, the leaders and merchants in Africa are likely to benefit from this prosperity:
3 For all the nations have drunk of the wine of the wrath of her fornication, the kings of the earth have committed fornication with her, and the merchants of the earth have become rich through the abundance of her luxury (Revelation 18:3).
12 merchandise of gold and silver, precious stones and pearls, fine linen and purple, silk and scarlet, every kind of citron wood, every kind of object of ivory, every kind of object of most precious wood, bronze, iron, and marble; 13 and cinnamon and incense, fragrant oil and frankincense, wine and oil, fine flour and wheat, cattle and sheep, horses and chariots, and bodies and souls of men. (Revelation 18:12-13)
But this is not a wealth-bringing power to be trusted.
Note the following:
Let no one deceive you by any means; for that Day will not come unless the falling away comes first, and the man of sin is revealed, the son of perdition, who opposes and exalts himself above all that is called God or that is worshiped, so that he sits as God in the temple of God, showing himself that he is God. Do you not remember that when I was still with you I told you these things? And now you know what is restraining, that he may be revealed in his own time. For the mystery of lawlessness is already at work; only He who now restrains will do so until He is taken out of the way. And then the lawless one will be revealed, whom the Lord will consume with the breath of His mouth and destroy with the brightness of His coming. The coming of the lawless one is according to the working of Satan, with all power, signs, and lying wonders, and with all unrighteous deception among those who perish, because they did not receive the love of the truth, that they might be saved (2 Thessalonians 2:3-10).
Because of these actions, people throughout the world, including in the African world will (to some degree) worship a false European leader:
Then I stood on the sand of the sea. And I saw a beast rising up out of the sea, having seven heads and ten horns, and on his horns ten crowns, and on his heads a blasphemous name. Now the beast which I saw was like a leopard, his feet were like the feet of a bear, and his mouth like the mouth of a lion. The dragon gave him his power, his throne, and great authority. And I saw one of his heads as if it had been mortally wounded, and his deadly wound was healed. And all the world marveled and followed the beast. So they worshiped the dragon who gave authority to the beast; and they worshiped the beast, saying, “Who is like the beast? Who is able to make war with him?” And he was given a mouth speaking great things and blasphemies, and he was given authority to continue for forty-two months. Then he opened his mouth in blasphemy against God, to blaspheme His name, His tabernacle, and those who dwell in heaven. It was granted to him to make war with the saints and to overcome them. And authority was given him over every tribe, tongue, and nation. All who dwell on the earth will worship him, whose names have not been written in the Book of Life of the Lamb slain from the foundation of the world (Revelation 13:1-9).
And when you see these things coming to pass, while your nation may be deceived, you do not have to be.
God will provide another witness to the entire world at that time:
And I will give power to my two witnesses, and they will prophesy one thousand two hundred and sixty days, clothed in sackcloth.” 4 These are the two olive trees and the two lampstands standing before the God of the earth… 7 Now when they finish their testimony, the beast that ascends out of the bottomless pit will make war against them, overcome them, and kill them. 8 And their dead bodies will lie in the street of the great city which spiritually is called Sodom and Egypt, where also our Lord was crucified. Then those from the peoples, tribes, tongues, and nations will see their dead bodies three-and-a-half days, and not allow their dead bodies to be put into graves (Revelation 11:3-4,7-9).
And although the above seems a little bleak, understand that people from many nations will have noticed the two witnesses (see also Who Are The Two Witnesses?).
Furthermore, many will understand the message of those witnesses and many will be called of God then:
I looked, and behold, a great multitude which no one could number, of all nations, tribes, peoples, and tongues, standing before the throne and before the Lamb, clothed with white robes, with palm branches in their hands, 10 and crying out with a loud voice, saying, “Salvation belongs to our God who sits on the throne, and to the Lamb!” (Revelation 7:9-10).
Those of Africa will certainly be among those of “all nations, tribes, peoples, and tongues” who will have responded. And more will respond after they are resurrected from the dead. Hence when you see the two witnesses rise up performing miracles and preaching against the future European Beast power, you should resist. More on the two witnesses can be found in the article Who Are The Two Witnesses?
More on Africa can be found in the article: Africa: Its Biblical Past and Prophesied Future. Plus, the Continuing Church of God has the following sermon at its ContinuingCOG channel:
Is Africa mentioned in the Bible? Who did the Africans descend from? Were there any Africans of note in the Old Testament? Did God intervene in the New Testament to insure an African would be saved? Did any of the apostles get to Africa? Have there long been Sabbath-keepers in Africa? Are there faithful Christians in Africa today? Does God want Africans called and taught? Which African countries has the Continuing Church of God (CCOG) been involved in? Has God provided any intervention related to the CCOG in Africa? Should reaching Africans be despised or considered to be a fulfillment of going through doors that God opens? What about the day of small things? Does God have a plan to protect the Philadelphian Africans? Are Africans prophesied to see more wealth during the reign of the Beast? Does God have a plan to call more Africans?
Here is a link to the video sermon: Africa: Its biblical past, present, and future.
While China has influence, Europe is part of Africa’s temporary destiny.
But its ultimate destiny will be that nearly all Africans will be part of the coming Kingdom of God.
Some items of possibly related interest may include:
Africa: Its Biblical Past and Prophesied Future What does the Bible teach about Africa and its future? Did the early Church reach Africa? Will God call all the Africans? A sermon of possible interest would be: Africa: Its biblical past, present, and future. Another video of possible interest is: Nairobi Conference: All About Love.
Nairobi Conference: All About Love This is the beginning of the 2017 African conference for the Continuing Church of God in Nairobi, Kenya for leaders from eight nations. The agenda and introductions are the first portion of this video, and then there is a sermon explaining why the Philadelphia remnant is all about love. Though given in English, most of the messages are translated into the African language of Kiswahili on this video.
Is the Future King of the South Rising Up? Some no longer believe there needs to be a future King of the South. Might Egypt, Islam, Iran, Arabs, or Ethiopia be involved? Might this King be called the Mahdi or Caliph? What does the Bible say? A YouTube video of related interest may be: The Future King of the South is Rising.
Europa, the Beast, and the Book of Revelation discusses the largest church since the second/third century, which in a real sense is the eighth church mentioned in the Book of Revelation (it also endorses “eighth day” worship). What church would support the Beast? Here is a link to a video titled: Europe and the ‘Holy Roman Empire’.
China, Its Biblical Past and Future, Part 1: Genesis and Chinese Characters Where did the Chinese people come from? This article provides information showing that the Chinese peoples must have known about various accounts in the Book of Genesis up until their dispersion after the Tower of Babel. Here is a link to a version of this article in Spanish: ¿Prueban los caracteres chinos la exactitud de la Biblia?
China, Its Biblical Past and Future, Part 2: The Sabbath and Some of God’s Witness in China When did Christianity first come to China? And is there early evidence that they observed the seventh day sabbath?
Asia in Prophecy What is Ahead for Asia? Who are the “Kings of the East”? What will happen to nearly all the Chinese, Russians, Indians, and others of Asia? China in prophecy, where? Who has the 200,000,000 man army related to Armageddon? Two YouTube video are Is China THE Threat to the United States of America? and China: A King of the East.
Should the Church Still Try to Place its Top Priority on Proclaiming the Gospel or Did Herbert W. Armstrong Change that Priority for the Work? Some say the Church should mainly feed the flock now as that is what Herbert W. Armstrong reportedly said. Is that what he said? Is that what the Bible says? What did Paul and Herbert W. Armstrong expect from lower level leaders? A related sermon is available titled Priority of the Philadelphia Work.
Preparing for the ‘Short Work’ and The Famine of the Word What is the ‘short work’ of Romans 9:28? Who is preparing for it? Here is a link to a related video sermon titled: The Short Work.
The Final Phase of the Work What is the final phase of the work? Who will lead it? Do you have the courage to support it? Here is a related YouTube video titled The Final Phase of the Work. The written article has been translated into Spanish La Fase Final de la Obra.
Who Are The Two Witnesses? What is their job? What does the Bible reveal? What has the Church of God taught on this subject? Might even Roman Catholic prophecies give some clues here? A related sermon is available: Prophecy and the Two Witnesses. Here is a related link in Spanish/español:¿Quiénes son los dos testigos?
The Gospel of the Kingdom of God This free online pdf booklet has answers many questions people have about the Gospel of the Kingdom of God and explains why it is the solution to the issues the world is facing. Here are links to three related sermons: The World’s False Gospel, The Gospel of the Kingdom: From the New and Old Testaments, and The Kingdom of God is the Solution.
Where is the True Christian Church Today? This free online pdf booklet answers that question and includes 18 proofs, clues, and signs to identify the true vs. false Christian church. Plus 7 proofs, clues, and signs to help identify Laodicean churches. A related sermon is also available: Where is the True Christian Church? Here is a link to the booklet in the Spanish language: ¿Dónde está la verdadera Iglesia cristiana de hoy?
Where is the True Christian Church Today? This free online pdf booklet answers that question and includes 18 proofs, clues, and signs to identify the true vs. false Christian church. Plus 7 proofs, clues, and signs to help identify Laodicean churches. A related sermon is also available: Where is the True Christian Church? Here is a link to the booklet in the Spanish language: ¿Dónde está la verdadera Iglesia cristiana de hoy? Here is a link in the German language: WO IST DIE WAHRE CHRISTLICHE KIRCHE HEUTE? Here is a link in the French language: Où est la vraie Église Chrétienne aujourd’hui?
Continuing History of the Church of God This pdf booklet is a historical overview of the true Church of God and some of its main opponents from Acts 2 to the 21st century. Related sermon links include Continuing History of the Church of God: c. 31 to c. 300 A.D. and Continuing History of the Church of God: 4th-16th Centuries and Continuing History of the Church of God: 17th-20th Centuries. The booklet is available in Spanish: Continuación de la Historia de la Iglesia de Dios, German: Kontinuierliche Geschichte der Kirche Gottes, and Ekegusii Omogano Bw’ekanisa Ya Nyasae Egendererete.
CCOG.ORG Continuing Church of God The group striving to be most faithful amongst all real Christian groups to the word of God. To see how CCOG has done so far, here are links to two sermons Continuing Church of God (CCOG) first year anniversary: What has been accomplished? and The Continuing Church of God: Two Years of Proclamation. Here is a written link to a version of that sermon in the Spanish language: Aniversario del primer año de la Continuación de la Iglesia de Dios: ¿Qué se ha cumplido?
Congregations of the Continuing Church of God This is a listing of congregations and groups of the Continuing Church of God around the world.
CCOG.ASIA We in the Continuing Church of God also have the url www.ccog.asia which has a focus on Asia and has various articles in Mandarin Chinese as well as some in English, plus some items in other Asian languages. 我们在继续神的教会也提供此网址 www.ccog.asia, 关注于亚洲并且有各种各样的中英文文章，其中一些用菲律宾语翻译的文章也正在进行中，准备添加到这个网站中。 Here is a link to our Statement of Beliefs in Mandarin Chinese 继续神的教会的信仰声明.
CCOG.IN This is a website targeted towards those of Indian heritage. It has a link to an edited Hindi translation of The Mystery of the Ages and is expected to have more non-English language materials in the future.
CCOG.EU This is a website targeted toward Europe. It has materials in more than one language (currently it has English, Dutch, and Serbian, with links also to Spanish) and it is intended to have additional language materials added.
CCOG.NZ This is a website targeted towards New Zealand and others with a British-descended background.
CCOGAFRICA.ORG This is a website targeted towards those in Africa.
CCOGCANADA.CA This is a website targeted towards those in Canada.
CDLIDD.ES La Continuación de la Iglesia de Dios. This is the Spanish language website for the Continuing Church of God.
PNIND.PH Patuloy na Iglesya ng Diyos. This is the Philippines website Continuing Church of God. It has information in English and Tagalog.
CCOGAfrica channel. This has messages from African pastors in African languages such as Kalenjin, Kiswahili, Embu, and Dholuo.
Bible News Prophecy online radio. This is an audio version of the Bible News Prophecy videos as well as some ContinuingCOG channel sermons. It is also available as a mobile app.
Bible News Prophecy channel. Dr. Thiel has produced many YouTube video sermonettes for the BibleNewsProphecy channel. And you can find them there.
ContinuingCOG channel. Dr. Thiel has produced scores of YouTube video sermons for this channel. Note: Since these are sermon-length, they can take a little longer to load than other YouTube videos.
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