Connecting Africa to China
SA farmers make further inroads into lucrative Chinese fruit markets
After a bumper year in 2021, South African farmers are gearing up for another stellar export season. Last year, citrus, wine, apple and maize exports saw significant growth. This year, South African pear farmers have cause for celebration as the Chinese market has finally opened up to them. The... Read more
China-Africa trade show wraps up with promise of more cooperation
The second-ever China-Africa Economic and Trade Expo in Changsha has wrapped up, strengthening the bond between the two trade allies. The four-day event themed ‘New Start, New Opportunities, and New Accomplishments’ was held in person and online, and featured nearly 1 000 enterprises and government officials, including representatives from... Read more
China’s love of South African lemons boosts trade
South Africa’s citrus season may be coming to an end, but local lemon exporters can look forward to a welcome increase in their export numbers to China. In June 2021, South Africa’s Department of Agriculture, Land Reform and Rural Development signed a new shipping protocol, allowing farmers and exporters... Read more
Kenyan payment startup makes Afro-Sino trade a breeze
Kenyan fintech startup, Wapi Pay, recently raised $2.2 million in a pre-seed round of funding, the largest of its kind on the continent. The African startup specialises in cross-border payments between Africa and Asia using bank accounts and mobile money platforms. Wapi Pay was founded in 2019 by brothers... Read more
Ten-storey building goes up in just over a day
A video of a ten-storey building being built in just over a day has captured the attention of internet users worldwide. The video shows the erection of the large residential skyrise building in Changsha, Hunan Province, China. Assembled by a small crew of builders and several cranes, the multi-level... Read more
China and Egypt cooperate on Africa’s tallest building
The skyline of Egypt’s New Administrative Capital (NAC) will be forever changed after the Iconic Tower, Africa’s tallest building was completed, thanks to the latest Sino-African cooperation. Minister of Housing, Utilities and Urban Communities, Essam el-Gazzar, said the new 385-metre skyscraper was modern Egypt’s latest architectural achievement. Construction of... Read more
China makes strides in digital currency rollout
Currently there are over 5 000 cryptocurrencies in existence and China is fast developing its own digital currency pilot programme.  The Asian power became the first major economy to trial the concept last year and since then, a slew of tech firms and cities have started circulating China’s ‘renminbi’, or... Read more
China and Mauritius sign deal as African Free Trade Agreement goes live
Mauritius and China have signed the first Sino-African Free Trade Agreement, opening the African island nation to new trade opportunities with the globe’s second-largest economy. The deal, which was made official on Friday, coincides with the signing of the African Continental Free Trade Agreement (AfCFTA) which went into effect... Read more
SA bumper harvest finds willing Chinese markets
On the back of a stellar citrus season, South African fruit farmers will benefit further as China and South Africa have signed a memorandum of understanding (MOU), boosting trade between the two nations for the next five years. The MOU was signed by the vice president of the China... Read more
China enters global mega trading bloc
China, Australia, Japan and 12 other nations in the Asia-Pacific region have signed a free trade deal worth 30% of the world’s economic output and encompassing more than a quarter of the globe’s population, making it the largest of its kind in history. The Regional Comprehensive Economic Partnership (RCEP)... Read more