Kenyan authorities have reached out to Chinese businesses in a bid to improve their industrial production capacity by establishing manufacturing hubs and special economic zones (SEZ) nationwide. The developing nation is looking to attract investors from several sectors, including textiles, electronics, pharmaceuticals, lifts and elevators, and medical equipment. The initiative forms part of the East…
Huayou, the Chinese chemicals and minerals firm, says it expects to create 1 000 new job opportunities for local Zimbabweans during the construction and development phase of the new Arcadia lithium project. The announcement came after the Tongxiang-based company acquired the project from several Prospect Resources Plc shareholders in April 2022. It would invest $300…
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 more than 40 African countries, according…
China has changed its reputation from global factory to the centre of technology innovation Government initiatives such as “Made in China” encourages innovation China is already far ahead of the rest of the globe in sectors such as e-commerce, financial technology and transport, says Johnny Hon, Chinese angel investor and chairman of Global Group. Chinese…
China flipped the switch on its first floating solar plant in 2017 The plant floats on top of a lake that was once, notably, home to a coal mine China now plans to build a floating solar power plant in space China has built a number of floating solar power plants that have played a…
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…