President Ramaphosa welcomes $50 billion in funding from China
South African President Cyril Ramaphosa on Thursday September 5 described Chinese leader Xi Jinping’s pledge of $50 billion in funding for Africa over the next […]
Beijing
China and Angola Strengthen Relationship to Comprehensive Strategic Cooperative Partnership
Chinese President Xi Jinping met with Angolan President Joao Lourenco in Beijing, extending a warm welcome and describing Lourenco as a longstanding friend of the […]
Africa’s deficit with China widens as Beijing’s BRI gambit runs into trouble
The recent news that Africa’s trade deficit with China continued to widen in 2023 has raised a red flag in parts of the continent especially […]
DRC and China renegotiate mining ‘contract of the century’, thus averting relationship rift
The Democratic Republic of Congo (DRC) government has noted it had finally resolved the 16-year dispute over a controversial mining deal between it and China […]
China waived debt for 17 African countries
On the occasion of a coordination meeting on Sino-African cooperation last week, Chinese Foreign Minister Wang Yi recalled China’s commitments to the continent, and praised […]
Congo B: Sassou-N’Guesso lays foundation stone for new refinery
Congo will be equipped in 2023 with a new crude oil refinery with a capacity of 2.5 million tons per year, financed by the Chinese […]
China’s Influence growing in Africa; US Senate fights back!
The United States Senate has adopted with an overwhelming majority the creation of the United State Development Finance Corporation (USIDFC). This mega-agency, which will have […]
BMCE Bank of Africa, China Africa Business Council Sign Agreement
BMCE Bank of Africa and China Africa Business Council have signed a partnership agreement meant to facilitate and support Chinese investors in Morocco and in […]
eSwatini Kingdom Celebrates 50 Years of Independence
eSwatini, formerly known as Swaziland, is celebrating 50 years of independence on Thursday. To mark the event, King Mswati III had announced that the country […]
Congo seeks Beijing’s help on IMF bailout accord
President of the Republic of Congo Denis Sassou Nguesso will seek Chinese support for its negotiations with the International Monetary Fund about a bailout, a […]