Gabon: Chinese energy firm to invest $209 million in hydropower projects
Chinese energy firm TBEA, previously known as Tebian Electric Apparatus, will invest $209 million in a hydropower project in Gabon, Reuters reported. According to Liban […]
China
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 […]
Beijing Summit to Boost Sino-African relations
The upcoming Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) will be an important opportunity to deepen Sino-African cooperation, officials said on Monday. The […]
South Africa: BRICS countries urged to reject go-it-alone trade
The 10th annual BRICS Summit has officially kicked off on Wednesday as leaders of Brazil, Russia, India, China and South Africa gathered in Johannesburg for […]
BRICS bank Okays $600 mln loans for South Africa, China
The BRICS Development Bank has approved loans of $300 million for energy projects in South Africa and $300 million for a transportation project in China. […]
Rwanda inks $300 million loan deals & bilateral pacts with China, India
The Rwandan government has signed seven bilateral pacts and loan agreements worth more than $300 million with China and India to further boost existing cooperation. […]
Chinese President Xi Jinping seeks deeper economic ties with Senegal
Chinese President Xi Jinping arrived in Africa on Saturday for a four-nation visit during which he will be seeking deeper military and economic ties. It […]
Nigeria: Beijing-based Oil Company to invest $3 bln in oilfield operations
China National Offshore Oil Corp (CNOOC) has pledged to invest about $3billion in its existing oil and gas operations in Nigeria, the Nigerian National Petroleum […]
Djibouti opens $3.5 billion Chinese-built free trade zone
The government of Djibouti on Thursday commissioned a $3.5 billion Chinese-built free trade zone, seeking to capitalize on its strategic position on one of the […]
Sanctions-hit Rusal restarts alumina refinery in Guinea
Russian aluminium producer Rusal has restarted production at its Friguia alumina refinery in Guinea on Wednesday, Reuters reported. The sanction-hit miner restarted its activities in […]