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China Africa Relation in Central 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.
  • Central African Republic s newly elected president vows to strengthen cooperation with China

    CHINA, 2016/03/23 Central African Republic's (CAR) newly elected President Faustin Archange Touadera promised to intensify cooperation with China, saying China is an significant partner of the country. Touadera said in an exclusive interview with Xinhua on Sunday that CAR will like to work together with China to promote the friendly relationship and strengthen cooperation between the two nations. Touadera said his country is in urgent need to be normalized next three years of civil war, adding that the new government will focus on a series of issues inclunding security, peace, reconciliation and disarmament.
  • 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.
  • President of Angola supports China’s role in Africa

    CHINA, 2015/12/09 China is an “indispensable partner” for Africa’s development, due to the increase in Chinese investment on the continent, the President of Angola said in Johannesburg, cited by Angolan national newspaper Jornal de Angola. Speaking at a round table of African leaders with Chinese President Xi Jinping at the second summit of the China/Africa Cooperation Forum, José Eduardo dos Santos highlighted the indicators that made China the major trading partner and as well the origin of the majority direct investments made in Africa in recent years. The Angolan president said the Sino-African partnership, forged during the colonial period, inclunding support for the development of each of the African nations in particular and the continent in general could contribute to the establishment of a new international political and economic order and promote the democratisation of international relations.
  • President Denis Sassou N'Guesso has hailed China's pledge to support Africa's development.

    CHINA, 2015/12/08 Republic of Congo's President Denis Sassou N'Guesso has hailed China's pledge to support Africa's development. The president was speaking to media over the weekend in Brazzaville next coming back from the Johannesburg Summit of Forum on China-Africa Cooperation (FOCAC) which he termed as historic. "In recent years, we have seen that China is on the ground, providing massive support to development efforts in African nations. There are statistics to prove this, the projects are visible, from one country to an extra," Sassou N'Guesso said, adding the Brazzaville airport was constructed through Chinese support.
  • Angola is one of the priority nations for China in Africa,

    ANGOLA, 2014/05/30 Angola is one of the priority nations for China in Africa, where it will continue to focus over the next few years, according to US research organisation Brookings. In its recent statement “Africa in China’s Foreign Policy,” published by Brookings, analyst Yun Sun noted increased investment in training African human resources and social responsibility programmes in Africa as signs of continuing interest in the continent. “Over the next few years, China’s involvement in Africa should increase,” the analyst said, forecasting that the current system will be “updated by adopting faster solutions for some social problems.” According to the statement to which Macauhub had access, “China’s economic activities are at an unprecedented level,” which as well brings challenges.
  • China, Republic of Congo Issue Joint Communique to Boost Ties

    CHINA, 2013/04/05 China and the Republic of the Congo issued on Saturday a joint communique on the agreements reached by the two nations' presidents, inclunding their common desire to promote bilateral ties and expand cooperation someday. "The two heads of national acknowledge to build, on the basis of traditional friendship between the two sides, a China-Republic of the Congo comprehensive cooperative partnership of solidarity and mutual assistance," said the communique issued next Friday's conference between Chinese President Xi Jinping and Denis Sassou Nguesso, the president of the Republic of the Congo.
  • The Angolan ambassador to China, João Garcia Bires,

    ANGOLA, 2013/01/13 The Angolan ambassador to China, João Garcia Bires, Friday in Beijing valued the cooperation, in the last eight years, with the Asian country, since again, is being built in Angola a modern country. According to the diplomat, who was speaking at the official reception of the Angolan Embassy on the occasion of the 30th anniversary of Sino-Angolan cooperation, being celebrated on 12 January, his country, in the completed, was recognized only by marks of war and other horrors but, "since again in its soil is being built a modern country" a country of solidarity with people with a track and able to make Angola a place of peace, harmony and a pleasant place to live.
  • Chinese firm to invest CFA432 billion in Cameroon iron ore

    CAMEROON, 2012/12/21 The site of the project, which was discovered about 15 years ago by Cameroon’s Geological Management Office (BGGC), includes an iron exploitation area of 805 square kilometres, the activities of which are expected to start next year. According to the estimates, the site will produce million tons of iron per year, over a period of 25 years, representing 632,820 million tons. It can be noted that 33 % of the iron reserves can already be exploited.
  • Congo, China sign 975m-euro deal to rebuild Brazzaville

    CONGO KINSHASA, 2012/12/18 Congo and China on Tuesday signed accords worth 975 million euros as part of a project to rebuild parts of the capital Brazzaville devastated by a deadly munitions depot blast in early March. The 975-million-euro ($1.225-billion) deals were sealed on the second day of a three-day visit by China's Vice Premier Hui Liangyu. Congolese President Denis Sassou Nguesso signed for his country, an official statement said.