YDA

China pledges $60 billion to African development

China pledges $60 billion to African development China’s president pledged $60 billion to development in Africa on Friday, as part of what Chinese and African leaders have called “win-win cooperation.” President Xi Jinping made the announcement to rousing applause from an audience that included South Africa’s President Jacob Zuma, Nigerian President Muhammadu Buhari, Kenyan President

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China is spending billions in Africa

China is spending billions in Africa China is still spending billions in Africa despite its economic slowdown, inking trade deals, investing in mining and infrastructure, and offering development aid. Just this week, during a visit to the continent, China’s President Xi Jinping agreed to invest $6.5 billion in South Africa. China’s rapid ascent to the

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India – Malawi Relations

India – Malawi Relations The relations between India and Malawi are cordial and friendly. The two countries hold identical views on many regional, international and multilateral issues. India established diplomatic ties with Malawi in 1964, the yearMalawi gained independence. The diplomatic mission was closed down in May 1993 and was reopened in March 2012 .

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Zambia expects $1 bln in deals with China at Africa summit

Zambia expects $1 bln in deals with China at Africa summit Zambia expects to clinch $1 billion in Chinese investment and loans at this week’sChina-Africa summit in Johannesburg, a presidential spokesman said on Tuesday. Presidential spokesman Amos Chanda said Zambia was expected to conclude deals with China in infrastructure projects such as roads, railways, power

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