China Yunhong Group to invest over $300 million in Burkina Faso
In Burkina Faso, Chinese industrial giant, China Yunhong Group plans to invest about 200 billion FCFA (about $336.6 million) over the next five years in […]
China
China lifts its beef ban on South Africa
outh Africa has resumed beef exports to China after an outbreak of the highly contagious foot and mouth disease (FMD) in Vhembe, a northern district […]
Don’t expect debt relief, US warns Africa
Tibor Peter Nagy, the US Assistant Secretary of State for African Affairs, has warned African countries running up debt that they should not expect to […]
China to build infrastructure as Uganda expects first oil production
The Chinese government has disbursed $134 million to build new infrastructure in Uganda, mainly roads, that are part of a network of over 700 km […]
Chinese FM welcomed in Ethiopia, dismisses Africa debt fears
China’s foreign minister, Wang Yi, on Thursday said Beijing will continue supplying loans to African governments despite accusations that China’s increased investments on the continent […]
Chinese company to invest $147 mln in copper project in DRC
China’s Zhejiang Huayou Cobalt Co will invest $147.2 million to build a copper project in Democratic Republic of Congo (DRC), the company said on Tuesday. […]
China, Algeria celebrate 60 years of diplomatic ties
Chinese President Xi Jinping on Thursday pledged to help promote further development of a comprehensive strategic partnership between China and Algeria. Thursday marks the 60th […]
US-China rivalry in Africa set to sharpen in 2019, Control Risks says
Early signs suggest that the US-China rivalry will find its way to the African continent in 2019. While the US is multiplying warnings about the […]
China pledges to build a 650-seat parliament in Zimbabwe
Zimbabwe’s information minister on Friday said Chinese officials have pledged $46 million for a new parliament building, to be built on a plot of farmland […]
Sierra Leone revokes $400 million airport deal with China
Sierra Leone’s government has terminated a $400 million deal to build a new airport with Chinese labor and loans, Reuters reported. The plan had repeatedly […]