Egypt: Chinese energy giant BYD inks a deal to build 128-km Monorail
Chinese giant BYD Co has signed an agreement with the authorities of Egypt’s largest port city of Alexandria to build Africa’s first straddle-beam monorail (SBM), […]
China
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]