Africa > North Africa > China Africa Relation

China Africa Relation in North Africa

  • Commodity dip hits China’s little Africa

    CHINA, 2016/07/04 With few customers at his wholesale jeans store in Guangzhou these days, Nigerian trader Brien Chuks busies himself looking next his three-month old baby. “Last year I sold 12 shipping containers of jeans back to west Africa but this year I haven’t managed to fill a single one,” says Mr Chuks, who operates from the Canaan market in China’s third-biggest city, like a lot of other Africa-focused exporters. “The Nigerian economy depends on oil so with the crude price having fallen so low, business is very hard.” In a sign of the circularity in the world economy, the Africa-focused traders who have long thrived in Guangzhou are suffering because of a commodities-driven slump in their home continent that from presently on originated in China. At the same time as rapid Chinese increase pumped up prices of oil and metals, resource-rich parts of Africa thrived, buying additional consumer goods from Guangzhou. Presently the opposite has happened. Sitting in the midst of China’s manufacturing heartland, Guangzhou has long been a centre for trade with Africa.
  • How China's economic slowdown affects Africa?

    CHINA, 2016/03/14 China is presently the number-one trading partner for most African nations. It as well has huge investment of additional than 20 billion US dollars to the continent. So how will China's economic slowdown influence the African continent? We presently turn to our Nairobi studio. To properly understand why a slowdown in both GDP increase and request for raw materials from China actually does matter to African economies, look no further than this chart. Up to around the late 90s, there was little link, if any between China’s average GDP increase, and that of economies in Africa. From the start of this century, however, accumulation increase moved in lock-step with each other. Firmly underpinning this increase, was China’s request for commodities.
  • Forum Opens in Sudan to Boost Sino-African Peoples' Cooperation

    CHINA, 2014/05/14 About 200 delegates from 27 African nations and China started a two-day forum here on Monday to exchange experience, deepen cooperation in poverty relief to boost Sino-African friendship and improve the well-being of people in China and Africa. The opening session of the 3rd China-African People's Forum was attended by Wang Zhizhen, vice-chairwoman of the 11th National Committee of the Chinese People's Political Consultative Conference and vice-chairwoman of China Association for International Exchange, Sudanese Initial Vice-President Bakri Hassan Salih, Mauritanian National Minister for Foreign Affairs and representative of the African Union Makfula Hamoudi.
  • Chinese Investments in Egypt Increase

    EGYPT, 2013/04/23 Chinese investments in Egypt have increased by 60 % ($200 million) during the completed two years to reach $560 million, China's ambassador to Egypt said on Sunday. China is looking forward to boosting bilateral relations with Egypt, the Middle East News Agency reported ambassador Song Aiguo as saying.