A landmark construction contract to build a railway along the coast of Africa’s most populous country was signed by Nigeria and China recently. The US$11.97 billion contract, to be executed by China Railway Construction Corporation Ltd...
As economic growth in South Africa slowed to under 1%, container movements into and out of South Africa declined in the third quarter. Jonathan Horn, Country Managing Director for shipping group Maersk Line South Africa says, “A significant factor...
Locally manufactured tyres are specifically designed for the South African road and climate conditions, which make them safer and more durable. Very few items are as tough as a tyre dealing with what it has to endure on our roads. However, there...
Africa is predicted to surpass China as the world’s manufacturing hub by 2050. But is the continent ready to add real value to the manufacturing chain? Source: eNCAnews Source URL:...
The Angolan government has committed US$113 billion for transport and infrastructure over the next 20 years and US$3.97 billion in agricultural development amongst the key drivers of economic growth. With this mind South African businesses have...
The headquarters of the BRICS New Development Bank (NDB) will be located in Shanghai. This decision was made at the sixth BRICS Summit currently underway in Brazil. The bank’s Africa Regional Centre will be established in Johannesburg, South Africa...
Education ministers and delegates from 12 African countries have agreed on a broad framework for collaboration between governments, the private sector and education/training institutions that will help to strengthen technical and scientific skills...
No pre-conditions have been attached to China earmarking half of its foreign aid to Africa. This was announced by the Chinese Premier Li Keqiang whilst at the World Economic Forum on Africa in Nigeria at the beginning of May. The Chinese premier...
A modern railway line in East Africa is in the pipeline after Kenya and China signed a financial agreement committing the two countries to the Sh327 billion mega project. President Uhuru Kenyatta and Chinese Premier Li Keqiang led regional heads of...