Tag: China Africa Trade

When Softcare debuted on the Hong Kong Stock Exchange on November 10, few outside Asia had heard of it. Yet the “King of African Diapers” saw its shares jump 33% on day one, valuing the company at over $2.57 billion. Unlike the tech startups dominating headlines, ...

Kenya and China have reached a groundbreaking agreement to restructure $3.5 billion in railway loans, converting them from U.S. dollars into Chinese yuan. The move could save Kenya $215 million in debt servicing costs and marks the first time an African ...

Chinese social media spotted a quirky trend in African cities like Nairobi. Sturdy, brightly printed Chinese takeout bags, the kind you get from a hotpot chain or milk tea shop, are showing up everywhere. These are not souvenirs from China. They sell for over a dollar ...

Trade between China and African countries increased to $167 billion in the January-July period of this year, 5.5% higher than the same period in 2023, according to data from China's General Administration of Customs. Chinese exports to African countries amounted to ...