China Newsbase
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The China News Database was last updated at 01:50PM on November 9, 2023.
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201 articles matching the search query.
China’s green zombie fungus helps fight African locust swarms
An insect-killing fungus has been turned into a mass-produced biopesticide that will face its biggest challenge in East Africa.
A Kenyan Painter Casts a Critical Eye on China’s Role in Africa (Published 2020)
Michael Soi’s “China Loves Africa” collection examines the symbiotic and often corrupt relationship between Beijing and African elites.
Pompeo takes aim at corruption, Chinese investment in Angola
US secretary of state is eager to promote US investment as an alternative to China, which holds the lion’s share of Angola’s foreign debt.
Zambia's spiraling debt offers glimpse into the future of Chinese loan financing in Africa
Zambia is already restructuring, renegotiating or refinancing its extensive Chinese project finance debt, and Chinese companies are playing hardball, according to new research.
China steps in as Zambia runs out of loan options
Southern Africa’s third largest economy is a textbook example of the increasing debt facing a fast-growing continent
Hong Kong-flagged oil tanker attacked by pirates off Nigeria, 19 kidnapped
The Nave Constellation seized by pirates while fully loaded after leaving offshore oil rig in perilous Gulf of Guinea.
Ghana goes ahead with US$2 billion Chinese bauxite barter deal
Beijing will supply infrastructure funds, grants and debt forgiveness, while ore will be mined close to source of rivers that provide water for five million people.
The quiet failure of a Chinese developer’s ‘Manhattan in Africa’
A refusal to include affordable housing led Johannesburg to reject glossy plans for high-end housing, offices, a rail station and entertainment district. It seems the city will get disconnected car-centric gated communities instead
Russia hosts Africa summit as it seeks to counter China’s influence
In recent years China has emerged as a top foreign power on the continent, forcing Russia to play catch-up by hosting the first Russia-Africa Summit.
Do Africa’s emerging nations know the secret of China’s economic miracle?
Sino-African two-way trade hit US$204 billion in 2018, but is it economics or politics that is driving development on the giant continent?
Africa’s top mobile phone seller Transsion lists in Chinese IPO – TechCrunch
Chinese mobile phone and device maker Transsion has listed in an IPO on Shanghai’s STAR Market, a Transsion spokesperson confirmed to TechCrunch. Headquartered in Shenzhen, Transsion is a top seller of smartphones in Africa under its Tecno brand. The company has also started to support venture funding of African startups. Transsion issued 80 million A […]
Africa's favorite smartphone maker is now worth $4 billion | CNN
Chinese smartphone maker Transsion, which is dominating Africa with its Tecno brand, has raised nearly $400 million in an IPO on China's hot new tech-focused stock market.
These Chinese vloggers are changing how China’s rising middle class sees Africa
Fed up of lazy African stereotypes in Chinese media, these vloggers are showing the vibrant, creative side of Africa to their viewers
Why Chinese are traveling to Africa, and why Africans are traveling to China
The drivers and beneficiaries of the expanding Sino-African relationship.
Trump says China trade deal coming, Beijing calls for resolution of dispute
U.S. President Donald Trump on Monday predicted a trade deal with China after positive gestures by Beijing, calming global markets that have been roiled by new tariffs from the world's two largest economies.
No pot of gold for locals as China mines Sierra Leone
When the Chinese gold miners came to Masumbiri town in northern Sierra Leone, everyone lined up for jobs.
Transsion’s Future Hub and Kenya’s Wapi Capital partner on Africa fund – TechCrunch
Transsion Future Hub, a subsidiary of Chinese mobile-phone and device maker Transsion, is teaming up with Kenya’s Wapi Capital to source and fund early-stage African fintech startups. Headquartered in Shenzhen, Transsion is a top-seller of smartphones in Africa that recently confirmed its imminent IPO. In 2019 it opened and financed Future Hub, an incubator and […]
Ramaphosa is 'last hope' for South Africa, Chinese diplomat says
South African President Cyril Ramaphosa is the "last hope" for Africa's most advanced economy, but his government must turn incentive policies into laws to secure more Chinese investment, a senior Chinese diplomat told Reuters.
China's Belt and Road Leaves Kenya With a Railroad to Nowhere
Beijing is withholding the $4.9 billion needed to finish the project, once a flagship for Xi Jinping’s Belt and Road initiative.
IMF approves Congo Republic bailout after China debt deal
The International Monetary Fund's (IMF) executive board approved a bailout worth nearly $449 million for OPEC member Congo Republic on Thursday, potentially setting a precedent for other nations struggling under the weight of large debts to China.