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Tag: china
Electric Vehicles: LG Energy Solution Chooses Morocco to Secure Lithium Supplies
Morocco’s gigafactory ecosystem is taking form. South Korean LG Energy Solution Ltd, the world’s 2nd-largest battery maker for electric vehicles, turned to Morocco to secure ... Read More
EU, US growing investment in Africa challenges China’s Belt and Road offensive
China's Belt and Road investment in sub-Saharan Africa fell to a new low in 2023, which demonstrates that increased EU and US spending could reduce ... Read More
China’s investment in Tanzania soars, as trade relationship with Nigeria takes dip
China's investment in Tanzania has hit a record $1.8 billion since President Xi Jinping's visit in the East African country 10 years ago, while bilateral ... Read More
In Ghana, US VP Harris promises to boost ties, investment for Africa
US Vice President Kamala Harris arrived Sunday (26 March) in Ghana for the start of a weeklong visit to Africa intended to deepen her country's ... Read More
Chinese company considers $2bn investment in cast-iron pipes, steel industry in Egypt
Shen Ching, a Chinese company producing cast-iron pipes and steel industry, has announced plans to invest $2 billion in Egypt’s Suez Canal Economic Zone. Head ... Read More
China refocuses on food and agriculture in its relations with Africa
China is importing more food products such as avocados, cashews, sesame seeds and chili peppers from Africa, after President Xi Jinping promised to increase non-resource ... Read More
Africa’s palm oil sector to see prices falling in 2023 as output rises
Although palm oil production has been linked to environmental damage and human rights abuses, it remains an important industry providing jobs and contributing to economic ... Read More
CAR: Nine Chinese nationals killed by armed men, China issues a travel warning
Unidentified armed men killed Sunday nine Chinese and wounded two others in the mining town of Bambari, in civil-war hit Central African Republic (CAR). Abel ... Read More
UN Security Council extends UN mission in South Sudan for one additional year
The UN Security Council has renewed for one year the UN mission in South Sudan where close to 20,000 forces have been stationed. Thirteen out ... Read More
Egypt inks deals with international consortiums to establish, manage, operate Sokhna & Dekheila ports
Egypt signed two agreements worth $1.6 billion with international consortiums on the establishment of the superstructure, management, operation, exploitation, maintenance, and handing over of the ... Read More