Zimbabwe: China to cancel $40 mln debt – Official
Zimbabwe Finance Minister on Monday said China will cancel about $40 million of Zimbabwe’s debt due to the improvement of bilateral relations between the two […]
China
Angola & China state-run oil companies agree 10-year oil deal
China’s state-owned oil company, Sinochem Group said on Wednesday it had signed a deal with Angolan state-owned producer Sonangol to buy crude oil for more […]
Zimbabwe: Ruling party endorses Mugabe for 2018 polls
Zimbabwe’s ruling party ZANU PF on Saturday endorsed the veteran leader, 90-year-old Robert Mugabe, as the party leader and candidate for 2018 presidential polls. Over […]
King Mohammed VI Renews Commitment to Enhancing China-Africa Ties
King Mohammed VI has affirmed that the development of the Chinese-African relations is a “strategic choice” to which Morocco is deeply committed. In his speech […]
China pledges $60 billion development fund for Africa
Chinese President Xi Jinping, addressing African leaders in Johannesburg on Friday unveils a $60 billion fund to promote cooperation and support development efforts in Africa. […]
China to revamp S. Africa flagging economy
China has signed 26 agreements worth R94 billion ($6.5 billion) with South Africa to support the country’s flagging economy, as President Xi Jinping met with […]
IMF downgrades Sub-Sahara’s growth forecast to 3.75% for 2015
In its latest African Economic Outlook released on Tuesday under the title “Dealing with the Gathering Clouds,” the International Monetary Fund (IMF) said that sub-Saharan […]
Angola issues first Eurobond for $1.5 billion
Angola, sub-Saharan Africa’s second-largest oil producer, launched its first Eurobond on Thursday with the aim of raising $1.5 billion for long-term economic development, the Finance […]
Zambia: China to build 750 MW power plant
China’s Sinohydro Corp will start building a 750 megawatt (MW) hydro-electric power station in Zambia in December as the country seeks to address an electricity […]
Algeria: Government to apply for Chinese loans
Algiers will lean toward China in order to get necessary funds needed to put government’s key projects into action, Algerian Minister of Commerce said on […]