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Cape Verde inks $20mln deal with Chinese giant Huawei Technologies

Chinese telecommunications and networking equipment giant, Huawei Technologies, on Monday signed a contract with the Cape Verdean government for the development of the first phase of the “Safe City” project, a statement said. According to the Archipelago government, the contract includes the construction of an Operational Command Centre, the installation of a video surveillance system […]

Chinese vessels detained off Senegal for illegal fishing

Seven Chinese trawlers were arrested off the coast of Casamance in the southwest of Senegal for illegal fishing activities in the West African nation’ waters, Karim Mara, Captain of the Senegalese navy and responsible for the maritime patrol mission, told local media. “The trawlers were caught in the flagrant offence of fishing without authorization in […]

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Tanzania inks $154 mln deal with China to expand main port

Tanzania’s government this weekend signed a $154 million contract with Chinese giant China Harbour Engineering Company (CHEC) to expand the East African nation’s main port in capital city Dar es Salaam. According to the agreement, China’s state-run CHEC will build a roll-on, roll-off (ro-ro) terminal and deepen and strengthen seven berths at Dar es Salaam […]

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Central Africa saw FDI flows decline by 15% – UNCTAD

The United Nations Conference on Trade and Development (UNCTAD) on Wednesday released the report on foreign direct investment (FDI) around the world. According to the report, FDI flows to developing countries fell by 14% to $646 billion. However, this sharp decline has not overshadowed the interest of Asian and Asian investors in these countries, which […]

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Kenya launches multi-billion Chinese-backed railways

Kenya authorities on Tuesday launched a multi-billion a Chinese-backed railway with a first trip from the city of Mombasa to capital Nairobi. In his official speech at the unveiling ceremony, President Kenyatta said the launching “is a historic moment as we begin our journey of transformation.” Kenyatta also indicated that his government is banking on […]

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Djibouti opens new 690-hectare mega port

Djibouti has opened the country’s latest mega port with world-class facilities and equipment on Wednesday. The $590 million Doraleh Multipurpose Port designed by China and co-founded by Djibouti Ports and Free Zones Authority (DPFZA) is one of four new ports of the tiny nation that can handle $7 billion of goods every year. The bulk […]

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China to rebuild Gabon’s new parliament

China will rebuild the Gabonese National Assembly headquarters destroyed during post-electoral violence in the central African nation. Local media indicated that Chinese authorities have agreed to rebuild the parliament during a meeting held between President Ali Bongo Ondimba and Ji Bingxuan, vice-president of the standing committee of the National People’s Congress of China. Demonstrators, loyal […]

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Cape Verde boosts economic ties with China

Chinese Foreign Minister Wang Yi this weekend announced major development projects in Cape Verde as the two nations are looking to further deepen bilateral ties. Visiting the West-African Archipelago, Wang Yi told reporters that the two countries agreed to work towards developing the Island’s marine economy. China welcomes Cape Verde to participate in the “Belt […]

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Chinese firm to build 120-MW wind farm in Ethiopia

China’s Dongfang Electric Corporation will build a 120-megawatt (MW) wind farm in Ethiopia’s Somali regional state, Chinese state-run news agency reported on Thursday. According to PR and Communication Director of the Ministry of Water, Irrigation and Energy, Bizuneh Tolcha, the project will be launched by the coming July. “The wind farm project is expected to […]

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Kenya seeks additional $3.5 billion loan from Eximbank

The Kenyan government is seeking additional $3.5 billion loan from China Eximbank for the construction of the Nairobi-Mombasa railway line, local media reported. This additional loan from China Eximbank will help the East African nation to finance the construction of the third phase of the Nairobi-Mombasa railway project. The Nairobi-Mombasa 270km railway is the first […]

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