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Ethiopia: Chinese Companies Invests Over U.S.$1.1 Billion in Ethiopia

Chinese companies, with close to 1,564 projects that were either operational or under implementation during the past two decades, are the top players in Ethiopia’s investment landscape both in terms of the number of projects and the financial capital, an official at the Ethiopian Investment Commission (EIC) said. Speaking exclusively …

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China makes historic progress under Xi’s leadership

The Chinese economy’s exceptional recovery from the impact of COVID-19 may have surprised many overseas observers, but it is just one of a host of achievements China has made during its 13th Five-Year Plan period (2016-2020).   The last five years have witnessed how the Communist Party of China (CPC) …

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Zimbabwean president thanks China, Russia for support on sanctions removal

Zimbabwean President Emmerson Mnangagwa on Sunday thanked China and Russia for standing by Zimbabwe in its consistent call for the unconditional removal of Western sanctions. In a speech to mark the Southern African Development Community (SADC) anti-sanctions day, Mnangagwa paid tribute to the two countries, SADC, the African Union, and …

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U.S. anti-China smear campaigns in Africa must be called out

Last year, in response to allegations of “misinformation” as protests waged in Hong Kong, as well as in anticipation of the upcoming elections in the United States, Twitter banned all advertising on its platform that’s related to politics and from what it deems “state backed entities.” It’s a move that …

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China proves true friendship with Africa in times of challenges: AU official

  China has proved itself a true friend of Africa by displaying its continued solidarity with African people in times of challenges, said the Deputy Chairperson of the African Union (AU) Commission Kwesi Quartey.   Quartey made the remarks on Friday during a ceremony organized for solidarity donation of anti-COVID-19 …

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Ambassador Zhang Jun delivers video message on U.N. Day

Ambassador Zhang said: “Happy birthday to the United Nations. Congratulations to Secretary-General Antonio Guterres, and to all the women and men serving under the U.N. flag. This UN Day comes in a time of great challenge. Major changes unseen in a century are taking place, compounded by a devastating global …

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Twenty years later, what has the Forum on China-Africa Cooperation delivered?

By STEPHEN NDEGWA In Summary In 2019, direct Chinese investment stock in Africa topped US$49.1 billion, up by nearly 100 times from the year 2000 China has been Africa’s largest trading partner for 11 years in a row, and has contributed more than 20 per cent to Africa’s growth for a …

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Too much ado about China’s presence in Africa

There have been numerous reports, commentaries and outright speculations about implications of China’s economic relations with countries in the global south. Allegations of debt trap and possible asset seizures are some of the tropes that feature prominently in the new discourse about China’s ties with various African capitals. Before criticising China for …

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China supporting Africa all the way on road to recovery

The African News Agency of South Africa held an interview with His Excellency, Ambassador designate of China to South Africa, Chen Xiadong. The interview focused on a range of issues regarding China and Africa relationship and cooperation. Below is the full interview Q: China has become the first major economy to …

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The Bank of Africa signed a new “Chinese” agreement

  The Bank of Africa, through its branch in Shanghai, signed a memorandum of understanding with the Chinese Chamber of Commerce for the Import and Export of Machinery and Electronic Products. (CCCME)   MOU Signing Ceremony between Bank of Africa and CCCME (Photo / Mr. Said Adren) The General Manager …

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