Africa’s new-found fondness for hair extension offers cover to Xuchang, China’s hub for wigs and weaves, as US tariffs loom
China Business Xuchang’s wigs industry has ballooned and was worth US$1 billion in exports by 2016, while China is the largest exporter of human-hair products globally Africa is the second-largest destination for Chinese wigs, making up 37 per cent of the overall...
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The untapped growth potential in Africa is similar to China’s 30 to 40 years ago. China achieved its phenomenal growth through economic
Beijing is looking to Africa to realise its vast potential by moving away from state loans and embracing economic reforms and entrepreneurship — like China did 40 years ago Chinese companies built Africa’s first modern electrified railway, the Ethiopia-Djibouti...
read moreSouth Sudan eyes China-Africa trade expo to woo investment
JUBA, June 5 (Xinhua) -- South Sudan government and business officials are set to participate in the forthcoming first China-Africa Economic and Trade Expo in an effort to woo investment into the African's youngest country. Foreign ministry spokesman Mawien Makol...
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Russia is vying to offer African countries a credible alternative to the US and China
Russian president Vladmir Putin with South Africa’s Cyril Ramaphosa; (R) with president Edgar Lungu of Zambia Russia has never had an African colony. It stayed out of the scramble for Africa, only engaging with African states in the 19th Century . In 1869, for...
read more[SciTech] Will Africa have to choose between US and Chinese tech?
The United States and China have been spurring in a trade war over the past couple of years, and experts are beginning to worry about the impact it might have on the African continent. Last month, the United States banned American telecom networks from sourcing...
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Ethiopia and Kenya are struggling to manage debt for their Chinese-built railways
Chinese train masters on the Addis Ababa to Djibouti line In the wake of the Belt and Road Initiative (BRI) Forum in Beijing six weeks ago, Ethiopia gained another Chinese debt-concession. China’s second-largest African borrower and prominent BRI partner in...
read more53 African countries to attend first China-Africa trade expo
BEIJING, June 4 (Xinhua) -- A total of 53 African countries have confirmed to attend the first China-Africa Economic and Trade Expo scheduled for June 27-29 in central China's Hunan Province, a local official said Tuesday. International organizations including the...
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Uhuru changes tack as time to secure legacy running out
President Uhuru Kenyatta takes oath of office administered by Chief Registrar of the Judiciary Ann Amadi during the swearing in for the second term at Kasarani stadium,Nairobi. Three years into the end of his second and final term, President Uhuru Kenyatta is shedding...
read moreChinese Pharmacist Dedicated to Improving Healthcare in Guinea
Qiu Shuang (left) with the pharmacy director of the China-Guinea Friendship Hospital[For Women of China] China-Guinea Friendship Hospital (CGFH) officially opened in Conakry, capital of the Republic of Guinea, in April 2012. Qiu Shuang, a pharmacist at Beijing...
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Naspers to list businesses that hold Tencent stake on Euronext
AMSTERDAM (Reuters) - South African conglomerate Naspers plans to float consumer internet businesses with assets valued at more than 100 billion euros ($112 billion) on the Euronext stock exchange in Amsterdam on July 17, the media and tech group said on Wednesday....
read moreOver 1,300 African guests confirm participation in 1st China-Africa trade expo
CHANGSHA, May 29 (Xinhua) -- As of May 24, 1,388 guests and traders from 52 African countries have signed up and confirmed their attendance for the first China-Africa Economic and Trade Expo, the organizing committee said Tuesday. The fair is scheduled to be held on...
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African countries should stay loyal to China’s troubled Huawei—regardless of Trump
An advert for Huawei mobile with American actress Scarlett Johansson in downtown Cairo In January 2018, the unclassified version of the US National Defense Strategy designated China a strategic competitor. After that, it was only a matter of time until that strategic...
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Poaching slows but Africa’s elephants still face extinction
The illegal slaughter of African elephants to feed Asia's demand for ivory has decreased by more than half in eight years, but the majestic mammals are still threatened with extinction, researchers warned Tuesday. In 2011, poachers killed some 40 000 tuskers - about...
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UNESCO to host Africa-China World Heritage cooperation forum
Download logo Apo United Nations Educational, Scientific and Cultural Organization (UNESCO) On 3 and 4 June, the UNESCO-Africa-China Forum on World Heritage Capacity Building and Cooperation will seek to strengthen collaboration between Africa and China in the...
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Envoy Kazungu denies he endorsed firm’s Sh18bn cashew nuts deal with Tanzania
Kenya High Commissioner to the United Republic of Tanzania Dan Kazungu during a past interview in Malindi Kenya's High Commissioner to Tanzania Dan Kazungu has denied involvement in the Sh18 billion cashew nut deal. The former Mining Cabinet Secretary said he neither...
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