Category: Economy

Last week's announcement by China Moly that it will invest $2.5 billion to expand its mining operations in the DR Congo highlights the growing importance of the DRC to China's broader trade agenda in Africa. While the bulk of Africa's exports ...

Zambian President Edgar Lungu, currently in the final leg of a bitterly contested election campaign, did what politicians love best: cutting a ribbon to inaugurate new infrastructure. The President last week landed at the brand new Chinese-financed and built ...

For the second time in three years, Kenya has walked back a threat to ban fish imported from China. Fisheries Cabinet Secretary Peter Munya (photo) said late last week that Nairobi would not move forward with a proposed bill in the National Assembly that sought to restrict ...

Severe shipping disruptions brought on the COVID-19 pandemic have resulted in much higher import costs in Rwanda, especially from China, prompting one industry official to urge businesses to find alternate suppliers. The 10% increase in Chinese imported goods is brought on ...

Standard Bank's Zambian unit wants farmers to know they're a one-stop-shop to import equipment and other agricultural materials from China. Stanbic Bank Zambia, more than almost any other major financial institution on the continent, is working to position ...

One week from today Zambian voters will go to the polls to vote for their next president and the ruling Patriotic Front is relying heavily on Chinese-financed infrastructure development to get its man, President Edgar Lungu, re-elected. “Look at the infrastructure ...

The Rwandan embassy in Beijing is celebrating the opening of the China market for its country's chili pepper exporters. A 200kg shipment arrived in the central Chinese province of Hunan on Wednesday, making Rwanda the first African country to export peppers like this to China.

Chinese companies have invested $176 million dollars in the DR Congo during the first half of this year, more than any other country in Africa, according to Ambassador Zhu Jing. That's basically the only takeaway from Ambassador Zhu's ...

The Kenyan parliament will move forward with legislation to outlaw imported Chinese fish from entering the country. Legislators confirmed on Tuesday that the Agriculture Committee is finalizing new regulations aimed to boost the local fishing sector by restricting imports of Chinese seafood, particularly frozen tilapia.

It came as a bit of a surprise to some that the Beijing-based Asian Infrastructure Investment Bank (AIIB) approved its first project in sub-Saharan African country a few weeks ago with a $100 million loan to Rwanda as part of the bank's COVID-19 Crisis Recovery ...

If you're a Chinese business operator in Uganda and have had employees who've cheated, stole from your business, or caused property damage, you can email safelyxikun@gmail.com to have their name added to a new database of bad employees that's accessible by other Chinese companies in the country.

One of China's largest and most influential online portals, Observer (观察), published an interview this week with well-known China-Africa scholar Tang Xiaoyang, deputy director of the Carnegie-Tsinghua Center for Global Policy, about some of the difficulties that Chinese companies are encountering in ...