First Independent Mena Newspaper
Afreximbank has approved $200 million toward financing of a contested oil pipeline to export Uganda’s crude, while a report released by two environmental NGOs has warned of potentially “unacceptable” damage caused by a controversial project involving French oil giant TotalEnergies and China’s National Offshore Oil Corporation (CNOOC). The Nigeria-based bank was also willing to finance […]
The 2022 Session of the EU-Namibia Political Dialogue took place in Windhoek earlier this week (28 September), during which the two parties engaged in an in-depth discussion on several topics of shared and common interest, ranging from peace and security, climate change to trade and economic cooperation. Co-chaired by Netumbo Nandi-Ndaitwah, Deputy Prime Minister and […]
While Kenya’s newly elected President William Ruto, ran his election campaign on an anti-China platform, the language of his new administration now stands in a sharp contrast with the strident tones he used on the campaign trail. During his campaign, Ruto talked tough on China, vowing to deport Chinese nationals doing jobs he said should […]
Skeptics say that despite China’s agreement to forgive interest-free loans to 17 African countries as it seeks to dispel debt-trap allegations, the days of Beijing writing off interest-bearing loans are over. The world’s poorest countries — many of them in Africa — are facing $35bn in debt-service payments in 2022, out of which around 40% […]
With more than half of the textiles sold by South African retailers are imported from abroad, out of which nearly 60% of those imports come from China, local retailers are signing on to a master plan by the government to support local businesses in an effort to bolster the country’s clothing and textile sector. As […]
Morocco and China share the ambition to establish a “triple win” South-South cooperation in support of Africa’s all-out development, Moroccan Foreign Minister Nasser Bourita said in New York. Speaking Tuesday at a High-Level Ministerial Meeting of the Group of Friends of the Global Development Initiative (GDI), Bourita stressed that under the leadership and vision of […]
Three Chinese astronauts, known as ‘taikonauts’, recently spoke to students from eight African countries via video link during an event hosted by the China Mission to the African Union (AU), highlighting the increasing collaboration in space between China and African nations who aspire to develop their own ambitions in the next frontier. The Forum on […]
Japan has recently announced an ambitious multibillion-dollar program of economic assistance to Africa — pledging to spend $30 billion on the continent and stressing a focus on training African professionals, food production and green growth — in a bid to provide the continent with an alternative to Chinese lending and investment. The recent flurry of […]
Kenya has started exporting its fresh avocados — dubbed as “green gold” — to China, which is seen as a step in Beijing’s elaborate plan to increase imports from Africa to help balance the trade between China and the continent. The first batch of fresh avocados grown in Kenya and destined for the Chinese market […]
The demand for Chinese 5G smartphones across Africa continues to rise, as more countries on the continent keep testing 5G networks and their citizens are upgrading from 4G smartphones to 5G-enabled ones. Despite the slow pace of 5G network infrastructure development in Africa, the enthusiasm among people across the continent to be part of the […]