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Uganda inks $287 million power deal with China Exim Bank

The Ugandan government has announced that it will borrow $287 million from Exim Bank of China, as part of its electrification process. According to the country’s finance minister David Bahati, the funds will enable electricity supply to 287 settlements in the landlocked regions of the East African nation, as well as the counties of Karamoja […]

Botswana: Five feet bronze Buddha statue stolen from temple

A half ton-bronze Buddha statue has been stolen from a temple in Botswana’s capital Gaborone. The theft comes weeks ahead of the first visit of the Tibetan spiritual leader Dalai Lama to the country to address a human rights conference. The 1.5m (5ft) tall and 1.2m wide bronze statue, which was donated by Thailand in […]

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Benin: China offers $89m to improve drinking water supply

The Chinese government has granted $89 million to the government of Benin for the supply of drinking water in the central region of the country, China news agency Xinhua reports. “This program aims to develop the production and distribution capacities in urban areas, peri-urban, of 11,800 localities without any functional modern water point,” Benin’s Foreign […]

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The Ethiopia-Djibouti railway line to start commercial operations in October

Chinese-built electric rail line built in Ethiopia will start commercial operations in October this year, it was officially announced. The 756-km stretch linking Addis Ababa and the Red Sea state of Djibouti aims at creating new manufacturing industries, improving transport and opening up landlocked Ethiopia further. “We hope the rail project will facilitate expansion of […]

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China to intervene military in Djibouti-Eritrea border

China is offering assistance to intervene military in the Dumeira Mountains and Islands located between Eritrea and Djibouti in the Horn of Africa region. According to Chinese Ambassador to the African Union, Asia’s most populous nation will consider sending troops to the border between the two East African countries and help with mediation if requested. […]

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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 […]

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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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