First Independent Mena Newspaper
More and more African countries seem to have taken inspiration from China’s unique economic development over the past decades and try to follow the development paths that suit their own respective domestic conditions. “The African people have the most say on which path suits Africa best,” said Chinese President Xi Jinping at the China-Africa Leaders’ […]
As many as 50 African States have sent officials to the third China-Africa Peace and Security Forum taking place in Beijing as part of China’s security cooperation with Africa. An alternative to the US presence in the continent and European influence. Chinese authorities placed the event under the theme: “Implementing the Global Security Initiative [GSI] […]
China has added three new areas for investment to its Belt and Road Initiative (BRI) focusing on the African continent where it has spent billions of dollars in infrastructure. The new areas are namely industrialization, increase in agriculture investment and talent development. President Xi Jinping launched the three-pronged plan during a China-Africa leaders’ roundtable meeting […]
African countries have called on China, Africa’s largest trading partner for 14 consecutive years, to shift the focus of the economic relationship from building infrastructure on the continent to supporting local industrialization. With China’ trade with Africa having surged in 2022 by 14.8% year-on-year to reach $282 billion, the Asian powerhouse has been Africa’s largest […]
President of the Democratic Republic of the Congo (DRC), Felix Tshisekedi, will pay a state visit to China from 24-29 May where he is expected to meet President Xi Jinping and their meeting is widely expected to pave the way for the two countries to seal several key trade deals, including a $6 billion infrastructure-for-minerals […]
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 trade between China and Nigeria has taken dip by about a third in 2022 compared to 2021. China’s direct investment stock in Tanzania is 2.5 times that of 2012, according […]
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 imports from Africa and agriculture is emerging as the new focus of Beijing’s engagement with the continent. In the first two months of this year, Shanghai ports handled more than […]
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 […]
A spike in tensions between the United States and China over Taiwan has not gone unnoticed in Africa and has prompted responses that underscore the continent’s tilt toward Beijing. Washington announced trade talks with Taiwan on Thursday (18 August) following a US congressional delegation’s visit earlier this week that came on the heels of a […]
Japan, which lags behind other major economies when it comes to investment in Africa, has been increasingly concerned that the pandemic has weakened African economies and worsened their dependence on Chinese investment and aid. US investment in Africa is seven times larger than that of Japan, that of the UK and France is more than […]