Nigeria needs $1 bln budget support loan from AfDB
The African Development Bank (AfDB) on Tuesday said the federal government of Nigeria had requested a ‘Budget Support Loan’ of $1 billion to enable it […]
China
Djibouti signs important economic agreements with China
Djibouti’s president signed earlier this week trade and economic agreements with the Chinese government to set up a legal framework and allow Chinese financial service […]
Egypt: China’s Xi Jinping arrives in Egypt to boost ties, Cairo rubs hands
Chinese President Xi Jinping arrived Wednesday in Cairo in what has been defined as a landmark visit that will bolster ties with Egypt which expects […]
Algeria, China ink $3.3 bln Port deal
The Algerian government on Sunday inked a $3.3 billion deal to build and exploit a new centre transhipment port at Cherchell, some 60 km west […]
Egypt seeks $1bln loan from China
Egypt’s central bank is expected to borrow one billion dollars in a concessional loan from China to help shore up its foreign reserves. The loan […]
Boko Haram: U.S. warns citizens to avoid travel to Cameroon
The U.S. State Department has issued a warning to its citizens about the risk of travelling to the North regions of Cameroon. “U.S. citizens should […]
China and Mali enter $1.5 bn railway rehabilitation agreement
A Chinese state-owned rail company has signed a $1.486 billion contract with Malian government to renovate the west-African nation’s railway network linking the Capital city […]
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 […]
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 […]