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 PET bottles every month, which equates…
The 21stcentury is said to belong to China, but the 22ndcentury could be Africa’s The rising of the African Century could be due to rapid Chinese investment coupled with homegrown innovation Since 2000 China has invested or committed to invest in excess of $359 billion in Africa, according to the China Investment Global Tracker. This…
South Africa’s beneficial deals such as the BAIC auto plant, launched in Coega, outside Port Elizabeth, won’t be affected by trade tensions between the United States and China, business leaders from the two countries said. According to a report from Fin24, BAIC International chair Xu Hey said the so-called trade war between the two superpowers…