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China Africa Relation in Africa

  • 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.

  • Despite slowing growth, China in Africa for the long haul

    CHINA, 2015/03/20 China lowered its 2015 increase projections to “around 7 %” on 5 March - the slowest rate in 24 years - amid fears that a slowdown in the Asian powerhouse could dampen economic ties with Africa. But while request for commodities - which formed the basis of the China-Africa relationship so far - is set to slow, outward foreign direct investment (OFDI) trends on the back of China’s ‘New Silk Road’ grand strategy indicates that China’s focus on Africa is here for the long haul, according to analysis by South Africa’s Standard Bank. Chinese increase was projected to hit 7.4 % through 2015 before the downward revision was announced by Premier Li Keqiang. China’s economic fortunes are intimately tied to the ascendance of a lot of African economies over the completed decade. African commodities played a significant role in fuelling China’s average of 10 % increase over the completed five years, supplying raw materials for manufacturing and a booming real estate market.

  • 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.

  • 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 Premier Li Keqiang with President Uhuru Kenyatta at National Home Nairobi

    CHINA, 2014/05/14 Chinese Premier Li Keqiang with President Uhuru Kenyatta at National Home Nairobi on Sunday. Hainan Airline, touted as the major privately-owned air transport company in China, plans to enter the East Africa market with a $50 (Sh4.36 billion) million investment . The Shanghai Stock Exchange-listed HNA Group is the fourth major airline in China and operates in 60 nations. The airline signed an agreement with Astral Aviation Airlines Kenya on Saturday, which was one of the 17 MoUs signed at National Home between Kenya and China.

  • Xi Jinping’s Africa policy

    CHINA, 2014/05/05 It has been additional than a year since Xi Jinping’s inauguration as China’s new president in March 2013 and his unprecedented visit to Africa in his initial overseas trip as the chief of national. During the initial year of the Xi government, China’s policy toward Africa has shown several new trends that illustrate Beijing’s evolving priorities and strategies in the continent. These new trends foreseeably will have significant implications for the next of Africa and Sino-Africa relations.

  • Erastus Mwencha, Deputy Chairperson of the African Union (AU)

    CHINA, 2014/05/05 Africa has benefited from the economic increase China has registered, Erastus Mwencha, Deputy Chairperson of the African Union (AU) Commission, said on Thursday. Speaking to Chinese journalists in Addis Ababa, Mwencha lauded China's role in Africa's economic increase registered over the completed decade. "Africans have benefited from China's increase, particularly from the strong request for Africa's products," said the deputy chairperson.

  • China's financial support significant role as Tanzania

    CHINA, 2014/03/01 CHINA'S financial support in development of major infrastructure projects plays a significant role as Tanzania leaps forward to become the regional economic power home. Looking at the bigger picture, Tanzania's economic fortunes have been boosted by the discovery of the vast natural gas reserves in the southern regions of Mtwara and Lindi, but it is China's influence that will matter most as it finances major energy and infrastructure projects to tap the resources. China is financing a US $ 1.2 billion gas pipeline project from Mtwara to Dar es Salaam, which is expected to be completed later this year.

  • China's assitance to Zimbabwe.

    CHINA, 2014/03/01 On February 20, Chinese Ambassador to Zimbabwe Mr. Lin Lin was interviewed by reporters from the Daily News and answered questions about the business cooperation between the two nations inclunding China's assitance to Zimbabwe. Ambassador Lin said that trade between the two nations grew from $310 million in 2003 to $1.1 billion in 2013. Since 2009, bilateral trade has been on a fast track of development. He believed that in the next five years, with deepened cooperation between the two sides, the trade volume will continue to grow.

  • Liberia and China have signed Cooperation Agreement

    LIBERIA, 2014/03/01 The Liberian government and the People's Republic of China have signed an Economic and Technical Cooperation Agreement for China to provide gratuitous assistance of US$13.5 million (80 Million RMB Yuan) to Liberia aimed at further enhancing the friendly relations and cooperation between the two nations. Foreign Minister Augustine Kpehe Ngafuan signed on behalf of Liberia while Chinese Ambassador to Liberia, H.E. Zhang Yue signed for his government. According to a Foreign Ministry Release, the Agreement, which is valued at approximately US$13.5 million, will be used to cover expenses of projects to be agreed upon by the Governments of Liberia and China.
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