Sunday 7 July saw leaders from 54 African nations meet to agree on the pan-continental free trade zone China is said to have played a part in the trade agreement The African Continental Free Trade Area, AfCFTA, is a continental free trade zone that, if successful, will connect 1.3... Read more
Strengthening of ties between Chinese and African universities China-Africa meet opens in Uganda for vocational education China and Africa are increasingly working together on educational initiatives. Scholars from various African universities recently visited institutions and cultural centres in China, where they agreed to collaborate with the Chinese on joint... Read more
Deals totalling $20.8 billion concluded at first China-Africa Economic and Trade Expo 1 600 delegates attended from 53 African countries Trade between Africa and China grew by US$20.8 billion following the first China-Africa Economic and Trade Expo held in Hunan province, China, from 27-29 June. The conference, with the theme... Read more
Chinese and SA companies sign 93 trade agreements The deals are valued at R27 billion Chinese and South African companies signed 93 trade agreements to the value of R27 billion at a signing ceremony in Cape Town on Friday 21 June. Trade and Industry Minister Ebrahim Patel thanked Chinese... Read more
The first expo of its kind is set to take place in China’s Hunan province The expo will be the first of many, to be held every two years The first joint Sino-African trade expo will take place in the capital of Hunan – Changsa – from 27 to... Read more
Africa is growing with China’s help
EconomyTechnology 3rd Jun 2019 0
Africa-China relations have strengthened over the years In turn, Africa has benefited from China’s input Africa has seen steady economic transformation over the years – in part, assisted by the relationship between Africa and China. The transformation is visible in infrastructure, agriculture, communication technology and manufacturing, among others. China’s... Read more
China helps Zimbabwe’s agricultural sector Hot
EconomyTechnology 28th May 2019 0
China donates agricultural equipment to Zimbabwe This will help boost agricultural production China has donated US$136 000 of agricultural equipment to Zimbabwe to help the country reach its goal of becoming an upper middle-income economy by 2030. The equipment will help improve agriculture, which in turn will boost the economy... Read more
China commits to fixing existing trade imbalances with Africa by increasing non-resource imports African nations could benefit by increased trade with other countries China and Africa’s relationship has traditionally seen China extracting resources from mineral rich African countries. While this has allowed African nations to develop their industries, it... Read more
In 2016, Chinese vehicle manufacturer Beijing Automotive Group (BAIC) announced an R11 billion investment into a vehicle assembly plant near Port Elizabeth The plant is expected to begin production before the end of 2019 BAIC’s R11 billion investment is the single largest investment in South Africa in 40 years.... Read more
Chinese firm opens US$45m plastic waste recycling plant in Kenya Weeco Recycling Company plans to set up another one in Mombasa Weeco Recycling Company, originally from China, opened the recycling plant in Athi River town in Eastern Kenya. The plant has the capacity to process 2 000 tons of... Read more
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