Africa > West Africa > Niger > China Africa Relation

China Africa Relation in Niger

  • Africans View China’s Presence on the Continent as Positive

    CHINA, 2016/11/04 The majority of Africans are in favor of Chinese development on the continent, according to a new statement titled “China’s Growing Presence in Africa Wins Largely Positive Popular Reviews” by the Afrobarometer Research Network. “Almost two-thirds or 63 % of Africans say China’s influence in the continent is “somewhat” or “very” positive, while only 15 % see it as somewhat or very negative,” the statement states. Trade between Africa and China has increased from $10 billion in 2000 to $220 billion in 2014. In 2000, China established the Forum on China-Africa Co-operation to drive its strategic engagement with sub-Saharan Africa. Since again, the communist country has been the go-to world economic resource for African nations in need of products and services ranging from infrastructure and telecommunication development, to food outlets, retail shops, and textiles.
  • Niger has obtained a loan of 1 billion U.S. dollars from the Export-Import Bank of China

    CHINA, 2014/02/23 Niger has obtained a loan of 480 billion CFA Francs (1 billion U.S. dollars) from the Export-Import Bank of China (China Exim Bank) to fund various projects in the land-locked West African country, an official source said on Thursday. The agreement ratified in Niamey on Wednesday by the Nigerien government will facilitate funding of projects in sectors such as construction, agriculture and industry. Currently, Sino-Nigerien cooperation covers energy, culture, security and infrastructure. The cooperation was reinforced next the entry of various Chinese companies in the drilling and refining of Nigerien oil and the mining of uranium in the northern part of the country.