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China has spent $2,5 billion on Zimbabwe, which is by far the highest amount of money it has ever advanced to any African country.

Two economic zones set up by Chinese enterprises in Zambia have paved the way for the creation of over 8,000 jobs in the country.

The Ethiopian Investment Commission (EIC) said it has issued licenses to 94 foreign investment projects in the last five months who registered a total capital of 23.6 billion birr ($843 million at current exchange rate).

According to relevant data, the value of goods ordered by the Kenyan factory increased by Sh62.88 billion in the 11 months to November 2018, marking the first rebound after Kenya's import downturn.

Compared to the previous year same period the income has declined by 10%. Ethiopian export income has been declining over the past several years from around $3.1 billion in 2010 to around $2.8 billion last year.

Ethiopia is to commission the Chinese-built Debre Birhan industrial park by the end of February, state media outlet Amhara Mass Media Agency (AMMA) reported on Tuesday.

China consolidated its position as the largest trade supplier of Algeria in 2018, according to a report by Algerian Customs on Saturday.

This landlocked country of over 100 million people on the Horn of Africa is transforming itself into Africa’s manufacturing hub. The Ethiopia government is luring investments with tax incentives, infrastructure investment, and cheap labour.

Nigeria's economic hub, Lagos has sealed a major partnership with International Finance Corporation (IFC) to enhance provision of infrastructure in key sectors and strengthen the state's long-term financial sustainability.