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China Africa Relation in Africa

  • China Develops Unique Cooperation Model With Africa

    CHINA, 2015/12/16 As additional and additional Chinese enterprises expand into Africa, there has been increasing interest in China’s economic activities in the continent. Inclunding positive feedback, there have as well been some negative comments, with China having been accused of neo-colonialism, of grabbing resources and dumping low-quality products. Such criticism is the opposite of how most African people see it. Massive investment in Africa has not only led to economic benefits for Chinese enterprises; it has as well provided increase momentum for African nations. It is a win-win situation for the development of China and Africa, and for the Sino-African relationship. As investment from Chinese enterprises has grown additional sophisticated, relevant experience can be shared for next endeavors. Initial, Chinese enterprises can increase their benefits by adapting to the economic situation in Africa. China and Africa are complementary in industry because China, as the world’s top manufacturer, funds a large portion of manufacturing in Africa. As well, Chinese enterprises generally have cost advantages over Western multinational corporations, which can help Chinese enterprises expand their local market share. In addition, Chinese enterprises run their businesses pragmatically, and do not attempt to intervene in host governments’ politics.

  • Isaac Kwaku Fokuo, founder of the Sino-Africa Centre of Excellence Foundation.

    CHINA, 2015/12/11

  • 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.

  • China pardons outstanding interest on Mozambique’s debt

    CHINA, 2015/12/09 China will pardon outstanding interest to 2015 of Mozambique’s deficit and the interest rate on loans to be granted someday will be reviewed downwards to lower than the current interest, which varies between 1.5 % and 2 %, the President of Mozambique announced in Johannesburg. Filipe Nyusi, who spoke to the Mozambican press at the end of the China/Africa summit, said the move would allow additional support and Chinese investment in the country and better manoeuverability for deficit repayment. At the end of a conference with his Chinese counterpart Xi Jinping, Nyusi as well said that any external funding that Mozambique gets should be used to foster economic development and for strengthening the national business sector and allow for the creation of additional jobs.

  • 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.

  • China, Africa enter new chapter of closer cooperation

    CHINA, 2015/12/08 The dreams of 2.4 billion people on this planet for a better life are connected additional closely following a milestone conference between China and African nations last week. The Forum on China-Africa Cooperation summit in Johannesburg has pointed a new direction for China-Africa cooperation. The theme of the two-day event, "Africa-China Progressing Together: Win-Win Cooperation for Common Development," indicates that this is not a story of unrequited love.

  • Chinese President Xi Jinping and his African counterparts will have much to celebrate

    CHINA, 2015/11/30 Chinese President Xi Jinping and his African counterparts will have much to celebrate at the upcoming Forum on China-Africa Cooperation in Johannesburg, South Africa next month. At the same time as the forum was initial established in 2000, trade volume between China and Africa was only $10 billion. Presently China has become the continent's major trading partner, with trade volume expected to exceed $300 billion in 2015. By the end of 2014, additional than 2,500 Chinese companies were conducting business in Africa, which has a total people of additional than 1.1 billion.

  • Governor of Erongo Region of Namibia Visits China

    CHINA, 2015/07/27

  • China and Africa strengthen partnerships for health and development

    CHINA, 2015/05/19 The clean energy company Hanergy Holding Group and UNAIDS have agreed to cooperate on philanthropic and corporate responsibility initiatives to achieve zero new HIV infections, zero discrimination and zero AIDS-related deaths in Africa. The Chair of Hanergy, Li Hejun, and the Executive Director of UNAIDS, Michel Sidibé, signed a memorandum of considerate in Beijing, China. Under the transaction, UNAIDS and Hanergy will work together on a number of social development programmes and will partner to bring clean power solutions to the continent. They will work due with communities, focusing on the health and education sectors.

  • Southern Africa region presents huge opportunities for China-Africa industrial cooperation

    CHINA, 2015/05/04 Leaders of 15 southern African nations, ranging from resources-rich Democratic Republic of Congo to the continent’s manufacturing hub South Africa, have adopted a half-a-century strategy to industrialize the region. Experts say the strategy can bring huge opportunities for China-Africa cooperation as Beijing announced before this year its intention to prioritize China-Africa industrial capacity cooperation. The strategy, to be implemented in three stages spanning from 2015 to 2063, was endorsed at the Southern African Development Community (SADC) additional-ordinary summit of Heads of National and Government held in the Zimbabwean capital Harare Wednesday.
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