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FOCAC Beijing Summit, A New Milestone in China-Africa Relations

-By Chao Xiaoliang, Consul General of China in Lagos The Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) were held in Beijing, China from 3 to 4 September, 2018..

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SUMMIT: African countries don’t think cooperation adds to debt, China says

African leaders attending this week’s summit with China don’t think that cooperation between the continent and Beijing has added to their debt burden, the Chinese government’s top diplomat said on.

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UAE-Ghana trade exchange hits $1.2bn in 2017

The trade exchange between the UAE and Ghana amounted to over $1.2 billion by the end of 2017, a media report said, quoting a senior Ministry of Economy official. “Afro-UAE.

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Egypt’s foreign reserves increased by $104 million in August

The country’s net foreign reserves increase to $44.419 billion at the end of August compared with $44.315 billion in July 2018, Egypt’s central bank said on Wednesday. Egypt’s foreign reserves.

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Nigerian President signs $328 DEAL with China, secures support on Mambilla Project

President Muhammadu Buhari on Wednesday secured the support of the Chinese President, Xi Jinping, for the building of the 3,050 megawatts Mambila hydroelectric power project. The Senior Special Assistant to.

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Louis von Zeuner resigns as chair of African Bank

The chair of the boards of African Bank and African Bank Holdings, Louis von Zeuner, has resigned to join the board of a company in the financial services industry. In.

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Rwanda’s Kagame endorses Chinese investment in Africa

African Union chairman, Rwandan President Paul Kagame has termed Chinese aid and investment strategy in Africa as “deeply transformational” and respectful of the continent’s global position. Speaking Monday at the.

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Global economy can reap $26trn by fighting climate change – Okonjo Iweala

A former finance minister of Nigeria and Co-Chair of the Global Commission on the Economy and Climate, Ngozi Okonjo-Iweala, says fighting climate change can add $26 million to the world.

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