china | Infrastructure news - Part 3

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Lower economic growth slows container market

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...

Growing trade with Angola

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...

Shanghai to host BRICS bank

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...
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East African rail nearing reality

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...