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Boom Town: Kigali’s Chinese investment

Daniel Nzohabonimana

KIGALI, Rwanda, February 15, 2014, (AS) -- Chinese investment in Africa has increased at an unprecedented level during the past two decades. Known as the ‘weapon of mass construction’, China’s footprint in Rwanda is no exception. Still recovering from the devastating 1994 genocide, the country urgently requires infrastructural investment to rebuild what was destroyed, and develop the future. The myth, however, looms larger than the reality.

Read more... Saturday, 15 February 2014 12:42
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China’s Aid to Africa: Monster or Messiah?

By: Yun Sun

WASHINGTON, February 11, 2014 (The Brookings Institution) -- In recent years, China’s economic presence in Africa has led to a heated debate, some of it well-informed and some of it not, about the nature of Chinese involvement and its implications for the continent.  The debate is partially motivated by the rapid growth of China’s economic presence in Africa: for example, Chinese investment in Africa grew from USD 210 million in 2000 to 3.17 billion in 2011.[1] Aid is an important policy instrument for China among its various engagements with Africa, and indeed Africa has been a top recipient of Chinese aid:  by the end of 2009 it had received 45.7 percent of the RMB 256.29 billion cumulative foreign aid of China.[2] This aid to Africa has raised many questions, such as its composition, its goal and nature.

Read more... Tuesday, 11 February 2014 22:00
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Sino-African trade: Modern-day Brobdingnag and flying geese

By Zaki Harare

LONDON, February 07, 2014 (Pambazuka News) -- Trade volumes between China and Africa have increased tremendously in recent years and close ties between the two are growing fast in a number of areas. Whether China will be a catalyst for massive transformation of Africa in the next few decades entirely depends on the strategic decisions taken by African nations.

Read more... Friday, 07 February 2014 21:46
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Forging Ahead
Chinese-African relations stronger than ever before

JinpingKenyattaBy He Wenping

CHINA, January 05, 2014 (FOCAC) -- Relations between China and Africa have enjoyed a continuous and steady development in 2013. The new Chinese leadership continues to attach great importance to China-Africa relations and strives to strengthen South-South Cooperation. Political trust between the two sides has deepened steadily with cooperation in the economy, trade and other fields ascending to new levels and health cooperation, cultural and people-to-people exchanges increasing in scope and depth.

Read more... Wednesday, 05 February 2014 22:03
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Reflecting on Sino-African Trade

ChiMallSino-African economic and trade relations in 2013 and the outlook in 2014

By Jiang Feifei

CHINA, January 10, 2014 (FOCAC) -- The year 2013 witnessed an increasingly volatile global economy, but an overall robust growth in Africa supported by strong investment demand, increased productive capacity as well as enhanced domestic consumption. The International Monetary Fund predicts that growth in Africa will reach to 5 percent in 2013 and 6 percent in 2014. Against this backdrop, both China and African countries focused on transforming their economic development modes and achieved impressive progress in bilateral trade and economic cooperation, involving more African countries and industrial sectors, which laid a solid foundation for the deepening of future cooperation.

Read more... Friday, 10 January 2014 22:07

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