China’s Africa Centre nears completion
BUSINESS| March 14, 2012, 1:11 p.m.
An African business and culture centre in Shanghai, China, is set to open later this year, with representation of at least 30 African countries.
The Africa Centre is part of Shanghai’s new Touchroad Diamond Innovation Park, set to be opened by September this year.
The Park covers an area of 38,000 m2. The construction area covers 130,000 m2with 1,000 underground parking spaces. The park is composed of nine 5A-Level comprehensive buildings of high intelligence. There is also a helipad to provide pickup service for our distinguished guests.
"Africa Center" is an important part of Touchroad Diamond Innovation Park, say its developers. More than 30 governments from African countries have agreed to set up consulates, representative offices of government and private enterprises in the "Africa Center".
Touchroad Diamond Innovation Park and Africa Center are invested in by Touchroad International Holdings Group. Touchroad founder He Liehui says Africa Centre will be unique in China, serving as a "one-stop" cultural and economical exchange platform.
The park has a complete set of facilitates including an international convention center, five-star hotel, shopping mall, restaurants, expo center, service apartment, medical center, etc.
The "Africa Center" will maintain the following functions:
- African Visa Application Centre: With the guidance of African embassies in China, the centre will collect, screen and verify all the visa applicants' files and approve visas. This is intended to make the visa application procedure more effective and ease the workload on embassies.
- African Investment and Trade Promotion Centre: This Center will be dedicated to providing detailed and up to date investment information to Chinese investors. The Centre will also assist in pairing, scheduling and arranging meetings with the relevant parties in the countries where the business traveler is destined. This center is now open to the public.
- African Culture and Art Centre
- African Tourism Promotion Centre
- African Expo Centre: Through pictures and exhibits, African business, arts and culture will be on show to the people of China.
MORE BUSINESS NEWS
ITC urges governments to increase public procurement from women vendorsThe International Trade Centre (ITC) has launched an initiative to increase the number public procurement contracts being awarded to women-owned businesses. Currently only an estimated 1% of public-procurement contracts globally are awarded to WOBs or women entrepreneurs. Read More
Orange launches start-up accelerator programme in Ivory CoastWith “Orange Fab Ivory Coast” and “Fab Israel”, Orange’s network of start-up accelerators is now present on four continents. Read More
Safaricom shareholders agree yuMobile buyoutShareholders of Kenya’s leading telecom Safaricom voted in favour of the company’s acquisition of the network, IT and infrastructure of smaller rival yuMobile at the firm’s annual general meeting (AGM), meaning the deal now only requires regulatory approval to proceed. Read More
TLcom achieves second profitable African exit of 2014 with Movirtu saleVenture capital firm TLcom Capital (TLcom) has announced its second profitable exit in Africa this year with the sale for an undisclosed fee of virtual identity solutions provider for mobile operators Movirtu to BlackBerry. Read More
Why CWG is re-strategisingNigeria’s Computer Warehouse Group (CWG Plc) is re-strategising to take the company in a different direction. Read More
Green accelerator programme launched in KenyaImpact Amplifier, Growth Africa, VC4Africa and Hivos have joined forces to launch an accelerator programme for green entrepreneurs, looking to help these entrepreneurs scale their innovations across Africa. Read More
Nigeria will drive West African operations, says Asseco chiefEuropean software giant Asseco Group has decided to open shop in Nigeria to drive its presence in the sub-region from the country. Read More
Eaton Towers acquires Airtel towers in 6 countriesEaton Towers and Bharti Airtel today announced an agreement for the acquisition of over 3,500 telecoms towers by Eaton Towers from Airtel. Read More
TNM first quarter net profit jumps to K1.8 billionMalawi's mobile telecoms network service provider TNM continues to realise an increase in net profit from operations. Read More
FEATURED STORYMFarmer SMS redefines market access for Ugandan farmers
Ugandan smallholder farmers are benefitting from an ambitious innovative ICT mobile phone initiative that offers weather reports and up-to-date market information about changes in prices for agricultural commodities, thus granting them lucrative returns from their farming ventures.
BEST READ NEWS
IN DEPTHNIG President speaks his mind
Bayo Banjo, CEO, Disc Communications and President, Nigeria Internet Group (NIG) says the proposed licensing of infrastructure companies by the Nigeria Communications Commission (NCC) will breed corruption and entrench monopolistic practices. Kokumo Goodie reports.
COMPANY NEWSSAP innovation transforms how Governments conduct business
SAP Africa kicked off its public sector innovation roadshow in Johannesburg, to highlight how the SAP innovation solutions portfolio including, cloud and big data, supports all levels ...