A report released Thursday shows that Chinese enterprises in South Africa are making positive contributions to the socio-economic well-being of the country.

The 11th African Economic Conference (AEC) wound up in Abuja, Nigeria on Wednesday, after three days of intensive discussions on how African countries can achieve agro-allied industrialization.

In a densely planted campus with buildings painted joyful yellow in the east of the Kenyan capital of Nairobi, there is a railway training institute sponsored by a large Chinese infrastructure construction company -- China Road and Bridge Corporation.

The Central Bank of Nigeria (CBN) said it met about 7,792 requests for FX valued at $867,834,186.26, through the inter-bank window to enable them source vital raw materials and spare parts for their respective industries.

Conrad Mwanawashe — The National Building Society is in the market to raise over $60 million for housing projects through a funding strategy that includes additional capital from the shareholder and external lines of credit, managing director Ken Chitando said.

he Kano State Government has signed contracts valued at $1.8 billion with China Railway Construction Group C18 , which is one of the world's most powerful and largest integrated construction group for the construction of light rail line in the state.‎

The total value of Nigeria’s merchandise trade at the end of Q3, 2016 stood at ₦4,721.9 billion, an increase of ₦661.5 billion or 16.3% from the preceding quarter value of ₦4,060.4 billion.

The Chinese government has donated $1.2m towards peace efforts in Somalia. The donation will be going to the African Union Mission in Somalia (AMISOM).

Nigeria needs at least $14 billion a year in new investments over the next five years to raise oil output to 2.2 million barrels a day (bpd) which is the national budget output benchmark, the Managing Director of Shoreline Natural Resources, an independent oil producing company, Ladi Bada, has said.