Tag: china

Kenya’s China dilemma: between foreign investment and dependency

April 20, 2023

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

April 17, 2023

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

April 13, 2023

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

April 11, 2023

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

April 7, 2023

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

April 5, 2023

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

April 1, 2023

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

March 27, 2023

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

March 27, 2023

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

March 24, 2023

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