info.afrindex.com
China-Africa Trade Information Service
Nigeria, black Africa’s largest economy, has an Achilles heel – energy. Accordingly, any and all energy sources, from coal to renewables, are on the table.
ADDIS ABABA, April 25 (Xinhua) -- The Belt and Road (B&R) Initiative is a golden opportunity to bring about regional integration and sustainable economic growth for Africa, said Berhane Gebre-Christos, special envoy of the Ethiopian Prime Minister, on Tuesday.
Chinese businessmen have invested US $1.2 billion and generated 45.000 jobs for Ugandans since 2011, a senior government official has disclosed.
The Lagos State Government on Tuesday said it had started constructing Nigeria’s biggest rice mill, which it said, has the capacity to produce at least 26 metric tonnes per hour and 1000,000 metric tonnes per annul.
Chinese automaker Foton and Algerian car dealer KIV on Thursday established a joint venture allowing them to assemble cars and trucks in the North African nation.
The Chinese Red Cross Society has donated items worth 1 bn shillings to the Uganda Red Cross Society to boost its humanitarian services.
BOTSWANA is the most attractive economy for investments flowing into the African continent. This is according to the latest Africa Investment Index 2016 by Quantum Global's independent research arm.
Recently, the governement of Tanzania and international oil compnies were agreed a fraft to seek to build a 30 billion US dollar liquefied natural gas (LNG) export project.
The new petrol price is still well below a true market price, but it is a start. Price controls fuel a huge racket: importers are paid the difference between the market rate and the South Africa one.