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Namibia’s Economic Growth Slowing – IMF

Slow budgetary consolidation efforts by authorities as well as a slowdown in the buildings and public works sector could put the brakes on Namibia’s economy, IMF said on Thursday. According to the Washington-based International lender, Namibia’s economic growth is likely to drop this year from 5.3 percent in 2015 to 2.5 percent. IMF officials equally […]

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China Donates Zimbabwe over 5,500 Tons of Rice

Chinese government has donated Zimbabwe 5,500 tons of rice to help alleviate hunger after a drought has left up to 4 million Zimbabweans in need of food aid. “Today’s event again testifies the strong ties between China and Zimbabwe as all-weather partners, especially in the area of food security and agriculture,” the Chinese ambassador to […]

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Zimbabwe to Introduce Local Bank Notes by October

Zimbabwe will introduce local bank notes at the end of October, the central bank governor said on Thursday. According to Governor John Mangudya, the southern-African nation will circulate the equivalent of $75 million in the notes by the end of the year. Zimbabweans are worried that introducing “bolnd notes” to ease dollar shortages could open […]

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DRC: Grand Inga Dam Construction to Start without Social Impact Surveys

The democratic Republic of Congo is set to begin construction of the largest dam in the world within months, without conducting any environmental impact study and despite the World Bank’s disapproval, International Rivers said. According to the head of the Grand Inga Project Office, Bruno Kapandji, environmental and social impact surveys will not be completed […]

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Beijing, Lomé Boost 44-Year Old Ties

Chinese President Xi Jinping and Togolese President Faure Gnassingbe on Monday, vowed to push bilateral ties to a new stage. The Togolese president is paying a state visit to China from May 29 to June 2. The two leaders agreed to promote bilateral ties through enhanced cooperation in various fields that will benefit the people […]

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China Refutes Selling Human Meat in Africa

Chinese officials on Thursday refuted claims that China has been selling human meat as corned beef in Africa. The reaction follows a Facebook post by unnamed Zambian woman living in China, who warned people against consuming corned beef from China. The woman claimed that Chinese beef companies were collecting dead human bodies, marinating them, packing […]

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Morocco, China, a Shared Resolve to Upgrade Africa’s Development

King Mohammed has just paid a visit to China to give a new momentum to Morocco’s relations with the Asian economic giant. The goal was fulfilled and the two countries launched a strategic partnership, described as a milestone for the development of bilateral ties, and as a tangible embodiment of the two countries’ shared will […]

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Nigeria’s Buhari in China to Seek Support

Nigerian President Muhammadu Buhari is paying as of Sunday a week-long working visit to China to seek greater support from Beijing for the development of Nigeria’s infrastructure. According to the presidential spokesman Femi Adesina, specific infrastructure sectors such as power, roads, railways, aviation, water supply and housing will receive special attention during the visit. Talks […]

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South Africa: Ford to invest $170m, Create 1,200 Jobs

The American giant Ford Motors said it is investing $170 million to expand operations in South Africa in a move that will bring more of its new Everest SUVs and Ranger pick-ups to Sub-Saharan Africa. With this investment, Silverton Assembly Plant, is expected to manufacture the all-new Ford Everest SUV and create approximately 1,200 new […]

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Angola: Yellow Fever Kills 37

Angolan national director of health on Wednesday said yellow fever has killed 37 people as Africa’s second-largest crude exporter suffers from the outbreak since December. The outbreak of the mosquito-borne illness began in the capital, Luanda, but has spread, infecting 191 people so far, with eight cases being reported in the last 24 hours, the […]

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