August 22, 2018
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August 20, 2018

The flagship 3.5-billion-dollar Kilamba New City project, by China’s CITIC Construction, has converted a backward rural area into a modern satellite town in the Angolan capital Luanda.

China has been actively involved in Angola’s post-war reconstruction process, covering projects like urbanization and social housing. The Kilamba New City project has changed the lives of many Angolans.

The"...

August 20, 2018
In the world’s poorest continent and fastest-growing beer market, global brewers are being forced to reinvent themselves. Most Africans can’t afford the beers that brewers like Anheuser-Busch InBev NV, Heineken NV and Guinness maker Diageo PLC sell in other markets. That, combined with commodity price swings and the risk of high taxes on premium beers that could threaten steady profits, has led brewers to embrace low-price, locally formulated concoctions that would be unrecognizable to most Western consumers. In Uganda, off a red-dirt road in the Bugolobi suburb of the economic capital Kampala, customers crowd into a pub the size of a freight elevator and sip on warm mugs of beer served out of a 50-liter keg. Brewed from local sorghum, the beers, called Senator, are produced by a local unit of Diageo, the world’s largest liquor maker, and sell for about 1,700 Ugandan shillings......

August 20, 2018

The health cooperation between China and African countries is greatly promoting the development of the pharmaceutical industry on the continent.

Today, more and more research institutions are getting in on the act.
In 2015, a team led by a Chinese Nobel laureate in biology, Chen Qiyu pioneered a new approach to malaria treatment.

“Through technological innovation"...

August 20, 2018

Ethiopia is home to the continent’s first waste-to-energy facility after a launch of the Reppie project over the weekend. President Mulatu Teshome and other high level government officials were present for the event.

The facility is built on the Koshe landfill site located on the outskirts of the capital Addis Ababa. It was launched in 2013 as a municipal solid waste incarceration plant.

It"...

August 20, 2018

A Technical Working Group (TWG) comprising of focal points from Directorates of the Commission of the Economic Community of West African States (ECOWAS) recommended that regional and national strategies be developed in order to optimize the African Growth and Opportunity Act (AGOA) with the aim of boosting the economy of the region through trade.

In his remarks during the TWG meeting in Abuja, Nigeria, the representative of the ECOWAS Commissions’"...

August 20, 2018

India’s Oil and Natural Gas Corp’s (ONGC) said it wouldn’t withdraw the arbitration process instituted against the Sudanese government.

Indian petroleum company, ONGC Videsh Limited

Last April, ONGC filed an arbitration claim against the government of Sudan in a London court seeking to recover $98.94 million, pending for years from a project hit by the breakaway"...