Hantec Financial, a multinational corporation based in Hong Kong with a focus on providing professional financial services to global clients, announced its ongoing global expansion into Rwanda.
Landing in Beijing right now is like entering a fortress. At the Capital International Airport – the only port of entry permitted for athletes, Games personnel, and media – all Olympic participants will be kept totally apart from the general population.
The minister also highlighted the fact that Morocco was the first country in the Maghreb and among the first in Africa to adhere to the Belt and Road initiative, hence raising the Moroccan-Chinese strategic partnership to a new higher level.
Speedaf express, a China-Africa integrated logistics service provider, officially announced the completion of its Round A+ financing, led by TRUSTBRIDGE, followed by northern light VENTURE CAPITAL, and VISION+CAPITAL on the basis of Round A.
The United Nations World Food Programme (WFP) and the Government of China signed agreements to provide food assistance to vulnerable people in Cameroon, Guinea-Bissau, Sierra Leone and Uganda.
Yiling Pharmaceutical announced it has received the herbal product license for Lianhua Qingwen Capsules from the Pharmacy and Poisons Board of the Ministry of Health of Kenya.
For the first time in history, China overtook the US in 2020 as the Euro Area's (EA) top trading partner.
BUA Cement signed an agreement with Sinoma CBMI of China for the construction of three new cement plants of 3million tonnes each per annum in Edo, Sokoto and Adamawa states of Nigeria to be completed by the end of 2022.
According to the latest tourism data from the World Tourism Organization (UNWTO), destinations welcomed 900 million fewer international tourists between January and October when compared with the same period of 2019.
Cainiao Smart Logistics Network, the logistics arms of Alibaba Group Holdings Limited, has announced its partnership with Ethiopian Airlines to launch a special cold chain air freight for the transportation of temperature-controlled medicines from Shenzhen Airport.
The United Nations World Food Programme (WFP) welcomed a contribution from the People’s Republic of China that has helped WFP reach vulnerable people with food and nutrition assistance.
The World Bank announced the 18-month sanctions of China National Electric Engineering Company and its wholly owned subsidiary, China Electric Design and Research Institute Company, in connection with fraudulent practices in Zambia.
The Ivorian government has reached an agreement with Chinese telecom operator Huawei to strengthen its ICT industry.
A newly established Special Care Baby Unit (SCBU) has been unveiled at Kailahun District Hospital in Sierra Leone.
CPTDC has been awarded a contract to design, supply, install and commission natural gas compressors for exploration company Orca Energy, to be used in the company’s Songas facility, on Songo Songo Island in Tanzania.
Container transportation and shipping company CMA CGM will launch its new product 'Round the Africa' (RTA), in complement of the current existing 31 services to Sub Saharan Africa, come July 25, 2020 in Shanghai, China.
China Yutong Bus has donated more than 1.2 million medical masks to African countries and shared the experience of public transport pandemic prevention in China.
ZESCO and Power China have signed three contracts worth $548 million to develop 600MW (AC) grid connected Solar PV Power Plants to be located in Chibombo, Chirundu, and Siavonga Districts.
China Mobile International, Facebook, MTN GlobalConnect, Orange, stc, Telecom Egypt, Vodafone and WIOCC announced that they will partner to build 2Africa, which will be the most comprehensive subsea cable.
As part of the company’s future-forward strategy and goal of reducing the barrier to entry for all its customers bidorbuy has partnered with Huawei to migrate the bidorbuy app to the Huawei Mobile Services (HMS) platform.
The World Bank announced 20-month debarment of China-based Liaoning-EFACEC Electrical Equipment Company in connection with fraudulent practices as part of the Lusaka Transmission and Distribution Rehabilitation Project in Zambia.
The African Development Bank Group announced the debarment of Sinotec Company Limited, an energy solutions company registered in China, for fraudulent practices in East Africa.
RwandAir has resumed cargo flights to Guangzhou, China, after a suspension of passenger flights in March due to the Covid-19 pandemic.
DHL Global Forwarding has launched a dedicated 100-tonne weekly air freight service for organizations and governments shipping goods from China to Africa and Middle East.
The South Africa-China Economic and Trade Association (SACETA) and Africa Oil & Power (AOP) have entered a new partnership that will introduce Chinese technology, finance and know-how to a range of African projects.
Nordgold has signed an Engineering, Procurement and Construction agreement with SUMEC to design and construct a 33 megawatt power plant at its Lefa mine, one of the largest gold mines in Guinea.
The South African Post Office has advised its clients that it cannot accept mail destined to China, Malaysia, Indonesia, Taiwan and South Korea.
The Chinese International Shandong (CSI) company has expressed desire to invest in animal resources sector and contributes in developing it.
China, Sierra Leone donate rice, support implementation of country’s national school feeding programme
The United Nations World Food Programme (WFP) welcomed a contribution of 2,850 metric tonnes of rice from the Government of Sierra Leone to support the implementation of the country’s national school feeding programme.
Zimbabwe and China Lesso Group yesterday signed an agricultural cooperation agreement under which 12,800 hectares will be put under irrigation for the production of over 60,000 tonnes of maize each season.
The Nigerian National Petroleum Corporation, China Petroleum Pipeline Engineering Company Limited and Brantex Consortium, have concluded plans for the commencement of work on the Abuja-Kaduna- Kano pipeline project.
[Uganda] Countries celebrate South-South Cooperation, innovative partnerships for tackling food insecurity and poverty
Through South-South Cooperation, countries across the global South are successfully exchanging technical expertise and building innovative partnerships, which if strengthened, can continue to play a crucial role in the achievement of the SDGs.
Ethiopia, China and UNIDO have agreed to further strengthen collaboration on improving the agricultural system in Ethiopia, in particular the livestock value chain development.
China has commenced a new training program in Madagascar with the goal of achieving productivity increases in agriculture and aquaculture programs across the island.
Kenya has signed an agreement with China that will allow it to export agricultural products to China.
The People’s Republic of China has made a commitment to give the East African Community (EAC) 12 cars worth US$400,000 to be used in various capacity building programmes at the Community.
The Deputy Minister for Trade and Industry, (the dti) Ms Nomalungelo Gina officially opened the South African Pavillion at the second China International Import Expo (CIIE) in Shanghai, China.
A group of South African business people who are in China participating in the second CIIE are upbeat about the opportunity to showcase their products and the prospects of attracting the attention of the Chinese importers.
A group of South African companies will showcase their products in China when they participate in the second China International Import Expo (CIIE) that will take place in Shanghai from 5-10 November 2019.
While most African countries are bearing the brunt of the US-China trade war, as well as a slump in commodity prices which is greatly affecting exporters, East Africa’s economic diversity is still playing a key role in cushioning the region from shocks.
Most African countries are bearing the brunt of the US-China trade war, as well as a slump in commodity prices which is greatly affecting exporters.
The Ghana Cocoa Board (COCOBOD) has signed an agreement with the China General Technology Group for the establishment of a cocoa processing factory in Ghana.
Egypt and China have inked a memorandum of understanding (MOU) on exporting fresh Egyptian dates to China.
Egypt Public Businesses Minister Hisham Tawfiq has held discussions with Chinese Minister Miao Wei on cooperation in manufacturing electric cars through developing El Nasr Automotive company and the Engineering Company for Car Industry.
Morocco’s tourism ministry has signed a “co-marketing partnership” agreement with Ctrip, China’s largest online travel agency, to promote Chinese tourism in Morocco.
Chinese investments in the oil and gas industry of Nigeria have reached US$16 billion, according to a senior NNPC official, but the industry needs even more to advance its production growth agenda.
The Nigerian National Petroleum Corporation says strategic partnership and new investments in the Upstream Petroleum Sector are essential for it to actualize the nation’s crude Oil reserves and 3m barrels per day oil production target by 2023.
EgyptAir has said that the first ever flight for the sixth and last Boeing 787-9 Dreamliner is set to be operated on the company's route to Beijing on Sunday.
Tanzania has signed a deal with Chinese groups China Civil Engineering Construction Corporation and China Railway 15th Bureau Group for the construction of a 3.2 kilometre bridge over parts of Lake Victoria.
A new report from the Environmental Investigation Agency (EIA) shows that Ghana faces a harrowing rosewood problem of its own.
Ethiopian Cargo and Logistics Services, the largest cargo operator in Africa, has connected Chongqing, the largest municipality in Southwest China with Africa and South America with a weekly cargo flight.
Rwanda and China have signed a $42.8 million agreement to finance the expansion and rehabilitation of 10 km Prince house- Giporoso- Masaka road.
Trade exchange between Egypt and China increased 27.6 percent during 2018, recording $13.8 billion.
Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC)- Yofi Grant, says his outfit is seeking to use the China Trade Week to attract more investments to Ghana.
RwandAir, the flag carrier of the Republic of Rwanda, has announced that it will commence flights to Guangzhou, the provincial capital of Guangdong and the third largest city in China, effective 18th June, 2019.
South African Airways (SAA) is set to introduce direct flights between Johannesburg and Guangzhou in China.
Egyptian Minister of Military Production Mohamed el Assar and Minister of Trade and Industry Amr Nassar have signed a partnership agreement with China on joint manufacturing of electric vehicles in Egypt.
Kenyan farmers will now export their popular hass avocados to China following a trade deal signed when President Kenyatta met his Chinese counterpart Xi Jinping in Beijing.
The potential of the Luanda-Bengo Special Economic Zone was presented to Chinese entrepreneurs from various sectors during the Angola / China Investment Forum.
The China-Africa Enterprises Convention, which will be held from June 8 to 12, 2019 in Shanghai, China, is an opportunity for African companies to trade and establish strategic partnerships with Chinese companies, to learn from Chinese companies experience and find investment opportunities with Chinese and African investors.
Three years ago, China surpassed the United States as the biggest business travel market on the globe and now more of China’s business is being done in Africa.
Angola’s National Assembly has approved draft resolutions on agreements for the elimination of double taxation with Portugal, China and the United Arab Emirates.
The Governor of the Bank of Mozambique received a delegation from the Monetary Authority of Macau, Banco Nacional Ultramarino and Bank of China, with the aim to deepen relations between the banks.
The Chinese government will continue to provide aid to Angola, mainly in the financial and infrastructure sectors, as well as encouraging local companies to invest in Angola.
Early signs suggest that the US-China rivalry will find its way to the African continent in 2019.
The Director-General of the dti Mr Lionel October said that a key priority of government is to encourage new investment in the economy in order to create jobs that will significantly reduce the levels of unemployment in the country.
The South African companies that were exhibiting at the 1st China International Import Expo (CIIE) in Shanghai China last week said that there are business opportunities for South African companies in China.
The African Development Bank (AfDB) and FinDev Canada – the Canadian government’s development finance institution have agreed to collaborate in joint transaction opportunities, external partnerships and best practice to achieve the Sustainable Development Goals in Africa.
The world’s largest producer of silk, Guangdong Silk-Tex Group, has announced its plans to set up shop in Kenya.
Kenya’s President Uhuru Kenyatta has asked China to give preferential treatment to goods from Africa as it continues opening up its vast market to the rest of the world.
OFID – the OPEC Fund for International Development – has signed public sector loan agreements totaling more than $80 million. The agreements were signed by OFID Director-General Suleiman J Al-Herbish and ministers from the beneficiary countries.
The African Agenda 2063 is a well spelt out strategic framework for the socioeconomic transformation of the continent over the next 50 years. China’s President XI Jinping has characterized china’s development agenda in Africa as a win-win deal for its aspirations to become the global trade leader.
Unveiled a decade ago in June 2008, the Kenya Vision 2030, the country’s development blueprint, has steered Eastern Africa’s largest economy to unprecedented heights. But the future of the blueprint is caught in a geo-political mire on three fronts.
The Republic of Angola and the People's Republic of China have signed a facilitation agreement providing for funding from the Chinese Development Bank, valued at $2 billion.
Chinese based LONGi Solar has signed a Memorandum of Intent (MOI) with the Tunisian project developer SHAMS Technology for a long-term cooperation.
Angola and China are expected to sign a set of agreements, one of which puts an end to double taxation in commercial transactions, Angop learned in Luanda.,
Mineral exploration and development company Montero Mining and Exploration Ltd has signed a deal with the Jiang Xi Yun Lithium Materials Company Limited of China for joint cooperation and development of lithium production in Africa.
Botswana President Mokgweetsi Masisi said his government is confident that it will establish a lucrative beef market with the People’s Republic of China.
The Director General of the United Nations Industrial Development Organization (UNIDO), LI Yong, congratulated the Government of Hunan province for its continuous efforts to promote investment in Africa under the Chinese Government’s Belt and Road Initiative.
The Nigerian National Petroleum Corporation has signed a Memorandum of Understanding in China with the China National Offshore Oil Corporation towards developing Nigeria’s oilfield services.
At first glance, it seems business as usual, but that could not be farther from reality. Business has never been more positive, rapid, nor disruptive.
As part of his visit to China, Mauritian Prime Minister Pravind Kumar Jugnauth visited Huawei's Executive Briefing Center and held talks with Peng Zhongyang, Senior Vice President at Huawei. He said that Huawei is a trusted partner of the country for digital transformation.
The Nigerian National Petroleum Corporation has signed a Memorandum of Understanding in China with Nigerian-Chinese consortia towards developing sustainable biofuels in the country.
As part of efforts to grow Nigeria's Information and Communication Technology sector, the Export-Import Bank of China will provide a loan of $328 million to support the country.
The 2018 summit of the Forum on China-Africa Cooperation currently underway in Beijing has seen China unveil a new $60 billion kitty for Africa’s development as part of a raft of new measures to strengthen Sino-Africa ties.
China National Petroleum Corporation has assured the Group MD of the Nigerian National Petroleum Corporation, Dr. Maikanti Baru, of its commitment towards securing funding for the execution of the Ajaokuta-Kaduna-Kano pipeline project.
The Embassy of the People's Republic of China has exempted the government of Botswana from payment of the three interest free loans.
Ethiopian Airlines will start a Boeing 777 freighter operation between Oslo Airport and Guagnzhou in September as it looks to capitalise on seafood volume growth between Norway and China.
Africa Finance Corporation, the continental infrastructure development finance institution in Africa, has announced the on-time completion of the Bel Air Mine in Guinea and loading of its first shipment of high grade bauxite to China.
As Africa’s relationship with China matures and deepens, the use of the Renminbi as a medium of exchange holds the potential to increase the efficiency and reduce the risk and cost of both intra-African, Africa-China and broader Asian trade.
President Yoweri Museveni has said that a number of Government of Uganda funded contracts worth $2.4bn have been given to Chinese companies especially on roads and recently security cameras worth $120 million.
In a move geared towards promoting Uganda’s tourism, the Speaker of Uganda Parliament, Rebecca Kadaga, has launched a Uganda culture park in China.
The Management of China National Offshore Oil Corporation has expressed readiness to invest additional $3billion in its existing stakes in offshore oil and gas operations in the Nigerian jurisdiction.
Alibaba Business School and the United Nations Conference on Trade and Development brought 29 young entrepreneurs from 11 countries across Africa to the Alibaba campus in Hangzhou, China for the third eFounders Fellowship cohort.
The Central Bank of Nigeria (CBN), on Thursday, released guidelines for the bilateral Currency Swap agreement between Nigeria and China.
Nigeria has signed an agreement of $6.68billion with China Civil Engineering Construction Corporation for a major segment of rail line linking the economic capital Lagos with Kano, northern Nigeria's commercial hub.
AU Deputy Chairperson Amb. Kwesi Quartey met with Li Zhanshu, the Chairman of the Standing Committee of National People's Congress of China at the AU Headquarters on Friday, where both leaders renewed their commitments to deepen the longstanding African Union-China strategic partnership.
MFS Africa, a leading Pan-African FinTech company, today announced a $4.5m Series B funding round led by LUN Partners Group, a China-based global investment management group.
Occupying a vast area of 29,000 square meters in Beheira province north of the Egyptian capital Cairo, the newly-established factory of China’s agribusiness factory, New Hope Group, is an indication of the growing ties between the two countries.
The China-based auto manufacturer BYD has been expanding internationally in recent years quite a bit, with the most recent news on that front being that a deal has been struck that will see the old city of Alexandria granted its first electric buses.