China's USD20bn for Africa
GOVERNMENTBy BiztechAfrica - July 20, 2012, 5:29 p.m.
China says it will provide a USD20 billion line of credit for infrastructure development in Africa.
Chinese President Hu Jintao told Government Ministers from 50 African countries at the 5th Ministerial Forum on China-Africa Cooperation (FOCAC) conference in Beijing that China would to assist them in developing infrastructure, agriculture, manufacturing and small and medium-sized enterprises.
Among his pledges, the President saidChina would build more agricultural technology demonstration centers as necessary to help African countries increase production capacity. China will also implement the "African Talents Program" to train 30,000 personnel in various sectors for Africa, offer 18,000 government scholarships, and build cultural and vocational skills training facilities in African countries.
The country also plans to will deepen medical and health cooperation with Africa, help African countries enhance capacity building in meteorological infrastructure and forest protection and management, and assist with projects to supply safe drinking water.
China's trade with and investment in Africa have been expanding, he noted, saying in 2011, our two-way trade reached 166.3 billion U.S. dollars, three times the figure in 2006. Cumulative Chinese direct investment in Africa has exceeded 15 billion U.S. dollars, with investment projects covering 50 countries.
MORE GOVERNMENT NEWS
ICTs, connected police critical for safety and securityRwandan President Paul Kagame has highlighted the importance of ICTs and integrated police forces in sub-Saharan Africa. Read More
Swedish Minister holds talks with Angolan ICT MinisterAngola’s Minister of Telecommunications and Information Technologies has received the Minister of Infrastructure of the Kingdom of Sweden in Angola, for talks on telecommunications infrastructure. Read More
Wireless spectrum debate heads to AfricaThe Dynamic Spectrum Alliance (DSA) will hold the world’s largest conference on wireless spectrum sharing in Accra, Ghana, in May. Read More
Commonwealth ICT Ministers agree on Cybergovernance ModelICT ministers and advisors from 35 Commonwealth countries have adopted a Commonwealth Cybergovernance Model to guide national policy development of their national cyberspace. Read More
PS of MYICT: ICT a vital utility in RwandaRwanda’s Permanent Secretary in the Ministry of Youth and ICT, Rosemary Mbabazi, has urged citizens to embrace ICT, pointing out that it is as vital as water and electricity. Read More
Lagos, Microsoft, firm up MoU on e-governmentThe Governor of Lagos State and the President of Microsoft International have firmed up the MoU they entered into last year over e-governance and other initiatives. Read More
US firm looks to construct Ghana solar parksUS-based International Solar Utilities (ISU) is conducting feasibility studies for the construction of solar parks that would add 600 megawatts of power to Ghana's electricity grid. Read More
Ghana steps up moves towards better statisticsGhana's Parliament has approved an agreement between the government and the International Development Association (IDA) for a $30-million loan and a $10-million grant to finance the Ghana Statistics Development Project. Read More
Rwanda collaborates with Facebook to boost social educationFacebook has introduced SocialEDU, a pilot initiative that will provide students in Rwanda with free access to a collaborative online education experience. Read More
Governments urged to boost Africa’s presence on the webAn appeal has been made to African governments to help boost the continent's presence on the worldwide web by submitting lists of important names for inclusion in the dotAfrica Reserved Names List (RNL) process. Read More
FEATURED STORYMACRA demystifies spectrum management
Malawi's regulator explains the issues around spectrum allocation. Gregory Gondwe reports.
BEST READ NEWS
IN DEPTHYouthConnekt launches Mobile Apps for Human Development Challenge in Rwanda
Rwanda’s Ministry of Youth and ICT and the UNDP, in close collaboration with Motorola Solutions, will power a Mobile App Challenge that will be implemented by YouthConnekt.