Category: Development

Cobalt prices jumped to a three-year high in Chinse trading this month due to mounting concerns over shipment delays in the DR Congo-to-South Africa supply chain. Shipments from the DR Congo account for 90% of China's sourcing for the metal that's ...

President Yoweri Museveni welcomed China's ambassador to Uganda, Zhang Lizhong, for a meeting in the garden at the State House in Entebbe. The occasion was ostensibly to mark the 60th anniversary of diplomatic ties between the two countries ...

The latest Chinese-funded political training academy in Africa opened in Kibaha outside of Tanzania's commercial hub Dar es Salaam. Similar training academies have been built in Ethiopia, Tunisia and South Africa among other regions as part of ...

European leaders were all smiles on Friday at the end of a two-day summit in Brussels with their African counterparts which they hope will reset strained ties. The highlight of the summit was the announcement of a hugely ambitious $170 billion ...

Reta Jo Lewis, the new head of the U.S. Export-Import Bank (EXIM), said she's confident that the U.S. can effectively compete against China in the policy bank arena even though her institution spends just a tenth of what the Chinese do.

South African President Cyril Ramaphosa referenced China as a model for South Africa to lessen its sky-high unemployment problem. Ramaphosa was addressing the country's parliament in a follow-up debate to his annual State of the Nation Address, which took place on 10 February. 

The Chinese Mining Company Suzhou CATH Energy Technologies closed a $240 million investment with Australia's AVZ Minerals for rights to the Manono lithium mine in the southern DR Congo. The Chinese company now has a 24% stake in the mine that ...

Ugandan opposition MPs renewed their criticism of the government's handling of a $200 million loan deal with the China Exim Bank to upgrade the Entebbe International Airport near Kampala.  Works and Transport Minister Edward Katumba along with officials from ...

African leaders have been arriving in Brussels all week in advance of the two-day Europe-Africa summit that begins tomorrow. But the timing of this year's gathering comes as some in Europe are bracing for what could be the continent's largest war since WWII and an increasingly contentious ...

European leaders have made it very clear in recent weeks that they intend to compete vigorously against Chinese rivals for a larger slice of the African infrastructure construction market. While that may sound nice, in practice it's going to be difficult. ...

With demand for the minerals and metals used to power electric vehicles far outstripping supply, China's largest mining companies are moving quickly to diversify their sourcing strategic resources including cobalt, nickel, lithium and rare earths among others. There's been a lot ...

The Chinese construction company that's building Egypt's New Administrative Capital in a desert outside of Cairo regularly posts photos of the progress that's being made. The speed of construction is remarkable especially when you consider that there was literally nothing there but sand before construction ...