Browsing: China

Huawei puts China in a data superiority position in its involvement in countries’ sensitive information. 

China is establishing dominance in digital models. In June, Nigeria banned and dumped Twitter in the country, and has drawn parallels with China in their censorship model development. 

According to Abishek, the data centre in Senegal is one of the many being built by Chinese firms to help Africa keep up with social and economic changes that are pressuring the infrastructure on the continent. …

The World Bank released the country’s 18th Economic update in the first week of this month.

According to the institution, the change was majorly impacted by improvement in road and bridge building, the acquisition of additional aircraft for the continued revival of Uganda Airlines, and large classified investments.

Uganda has in the recent past heavily deployed and channelled its national cake towards improving its shambled infrastructure especially the road, railway, water and air transport systems.…

The pursuit of a greener earth and universal reliance on renewable presents a unique dilemma for countries in Sub Saharan Africa which rely heavily on energy provided by coal, shale, and other fossil fuels but also their economic livelihoods depend on the black gold.
The elimination of coal and related energy sources would severely prejudice economies that constitute SSA which are still developing or emerging.
It is against this background that the outgoing Chief Executive of the largest coal miner on the JSE, who is also the President of the Minerals Council is on record for saying that African countries should be allowed to make the transition from fossil fuels to greener renewable energies at their own pace. …

• Egypt’s automotive industry is one of the sectors benefiting from the wider economic uplift.
• New vehicle sales in Egypt have recently surged to more than 200,000 units per year, with around half of this figure assembled locally, the whitepaper found.
• The country is home to one of Africa’s largest vehicle fleets with around six million vehicles on the country’s roads, the majority of which are passenger cars (approximately 4.6 million).

A boom in Egypt’s automotive parts industry is being fueled by a burgeoning population, vehicle sales growth and government moves to combat auto emissions, according to a new report highlighting the sector.

The combination of these factors, against a backdrop of post-pandemic economic growth, has accelerated the Egyptian market for car spare parts, accessories, and vehicle components, which is now worth between $1-2 bn, German consultants Africon GmbH say.

This is despite Egypt’s crisis with international companies with whom they …

Namibia is showing promising signs of attracting real private investment. with the recent wave of investor interests in the country including a promising mix of private equity, venture capital, and other asset classes, which could be directed towards infrastructure, commercial real estate, and technical development.

This is according to Namibia’s Ambassador to China Elia Kaiyamo who was speaking in Beijing, China at the International Economics and Technology Administration Forum.

“Of late, private investors have shown increased interest in various economic sectors other than the traditional extractive investments in projects such as Green Hydrogen development,” said Kaiyamo.

Addressing leaders and other invited high profile officials, Namibia’s ambassador to China noted that in terms of bilateral trade in 2019, the total volume of trade between China and Namibia was about US$709 million, with a year-on-year decrease as compared to 2018 when the volumes recorded 14.28% from US$800 million.

“Obviously, the pandemic has …

Egypt-China ongoing cooperation hits $1.8 billion according to Egypt’s Ministry of International Cooperation.

According to a press statement from the ministry, the cooperation is directed towards the execution of several development projects across various sectors such as education, electricity, technical education, health and agriculture.

Egypt has carried out over 1,100 training programs with China over a period of four years which has benefited over 4,000 government officials. This is in addition to 25 training programs in high priority fields which benefited government units in the fields of health, water resources, population and agriculture.

Egypt’s Minister of International Cooperation Rania Al-Mashat said that the ministry is keen on enhancing the exchange of knowledge, technical assistance and expertise within the framework of its international partnerships with multilateral and bilateral development partners while supporting the country’s vision in building human capacity.

The ministry is working towards advancing economic cooperation with bilateral and multilateral …

Africa is at the heart of tomorrow, it is an important region in the world, it is definitely a growing region and a clear focus market for us. In the big picture, Africa is among Alcatel-Lucent’s most promising markets with ultra-broadband access and IP networking being very important for the development of the continent.

Many Countries across the world have felt the ravaging effects of Covid-19, ever since the first case was reported in Wuhan, China and spread all across other Continents that prompted to measures and directions imposed aimed to curb the spread of the lethal virus that has since claimed millions of people across the globe.

Historically, sectors like education and healthcare have been points of issue for many African countries, as governments strive to improve access to, and experiences in, these sectors.

The fight with COVID-19 has put a spotlight on the way these industries are operating …

At the time of this plan, Mombasa was becoming increasingly strained as business volumes and demand rose. The project was however halted for close to 30 years due to various factors including among them exorbitant projected costs. 

In 2012, Kenya’s then-President Mwai Kibaki hosted Ethiopia’s then Prime Minister and a South Sudanese delegation when the port’s foundation stone was laid. The three countries agreed to fund the project from their respective national budgets. Each country would finance their part till the completion of what was now known as the Lamu Port South Sudan-Ethiopia Transport (LAPSSET) corridor.…

Is China is fueling Africa’s economy? That could be a question with so many angles to explore – such as – is it worth it for Africa to accept humongous loans from the industrial giant amid her journey to prosperity while opening doors for her nations to invest and heavily mark China’s ingenuity across continent-wide African infrastructure?  

China, one of the world’s top economies provides eight types of foreign aid: complete projects, goods and materials, technical cooperation, human resource development cooperation, medical assistance, emergency humanitarian aid, volunteer programs, and debt relief (Brookings). 

The World Bank has been ousted by China as the world’s largest bilateral creditor, making China the largest single country creditor on Planet Earth (The African Report, 2021). 

In a larger context, Africa is now heavily being catered for financially by China. According to a report by The African Report, which cited data from China-Africa Initiative, between the …

According to a top official Seychelles is expected to establish airline connectivity with Angola and enter into a bilateral air services agreement signing that is scheduled in September.

This economic agreement will spur tourism and commerce between the two nations. Seychelles prides in their wonderful natural tourism assets in its beautiful beaches and mountain backdrops which contributes 24.8 percent of gross domestic product (GDP) while Angola is rich in natural resources as well as having large reserves of oil and diamonds, hydroelectric potential, and rich agricultural land.

Speaking to a press earlier this month the Seychelles Minister for Transport, Anthony Derjacques, said that Angola has always been very attractive to Seychelles and its national carrier, Air Seychelles, and such an agreement will open the countries for commerce, exchanges and visitors.

“We are already flying to South Africa and Angola is also in Southern Africa. It will help us a lot …