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Tag: china
Kenya’s China dilemma: between foreign investment and dependency
While Kenya’s government is targeting Chinese investors to establish manufacturing plants in its special economic zones to boost exports, thousands of local traders have protested ... Read More
China’s OPPO mulls plans to set up $20m worth smart phone producing factory in Egypt
Chinese consumer electronics manufacturer OPPO is considering setting up a smart phone producing plant in Egypt with a total investment of $20 million, the CEO ... Read More
DRC wants bigger slice from proceeds generated by China’s mining companies
The Democratic Republic of Congo (DRC) is pushing for an audit of the country’s mining contracts with China, which it says heavily favor Beijing, arguing ... Read More
Beijing is a better ally for Africa than Western countries – Chinese Foreign Ministry
The Chinese Foreign Ministry Monday said the Asian giant is a better ally for Africa than Western countries as the continent is increasingly the target ... Read More
Morocco lifts travel restrictions on visitors coming from China
Morocco lifted entry restrictions imposed on travelers coming from China as of April 5, 2023, the Chinese Embassy in Rabat said in a statement released ... Read More
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