Chinese visit to boost trade

BUSINESS

|
Image: Cameroon's Prime Minister Philemon Yang and Chinese State Councilor Liu Yandong . By BiztechAfrica
 Cameroon's Prime Minister Philemon Yang and Chinese State Councilor Liu Yandong

Chinese State Councilor Liu Yandong this week paid an official visit to Namibia, Botswana and Cameroon for talks on trade and cooperation.

Trade volume between China and Africa this year alone is expected to exceed USD150 billion.

The Chinese delegates met Cameroon President Paul Biya, Namibian President Hifikepunye Pohamba and Botswana Vice President Mompati Merafhe in several days of official visits.

China has close ties with many African nations, with cooperation agreements and trade in the areas of science and technology, infrastructure, agriculture and construction, among others.

President Biya told Liu that the government and people of Cameroon admired China's miraculous economic achievements that also benefit the world, and the effective governing of the country with a 1.3 billion population.

In Namibia, Liu said China had allocated a grant of around USD5 million for various projects. Her country also decided to sponsor 200 scholarships to Namibians from 2012 to 2016.

In Botswana, Liu said strengthening China-Africa relations is an important cornerstone of China’s foreign policy, as well as a long-term and firm strategic choice. China is ready to work with African countries including Botswana and take the opportunities of fully implementing the outcomes of the fourth Ministerial Meeting of China-Africa Cooperation Forum and preparing for next year’s fifth Ministerial Meeting to continue to promote the new type of China-Africa strategic partnership to a new level.



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE BUSINESS NEWS

Contact centres: cog in the machine or customer experience hub?

As customer experience becomes the primary competitive advantage in business, the role of the contact centre is changing significantly. But whether it becomes the heart of the business or a component of the bigger machine depends on the business, say African contact centre experts. Read More

Building an African Dream: The Wyzetalk journey

Enterprise social networking company Wyzetalk examines the challenges and opportunities it encountered as a startup in Africa. Read More

African organisations under pressure to sharpen skills retention and employee engagement

Businesses across major African economies such as Kenya and Nigeria are coming under increasing pressure to align their strategies for retaining talent, compensating employees and engaging with their workforces with good international practices. Read More

The Workplace of the Future

Philip Gregory, Senior Regional Executive: Johnson Controls GWS, Middle East & Africa, talks about the workplace of the future, how it will impact the workforce and how businesses can navigate the tension between employee demands and the needs of the corporation. Read More

New MTN boss Ebenezer Asante starts work at MTN Ridge office

The former Chief Executive Officer for MTN Rwanda Ebenezer Asante has started work on Friday as the new CEO of Ghana’s leading network operator MTN at its plush Ridge Head quarters in Accra. Read More

Tigo Ghana CEO 2nd on Sweden’s list of 75 young and promising women

The CEO of Tigo Ghana limited, Roshi Motman, has been named as the second most young, promising and prominent female executive on Sweden’s tall list of 75 outstanding women.   Read More

Safaricom non-voice revenue, subscriber numbers show strong growth

Safaricom has reported a total revenue increase of 13% to Kshs 163.4bn, with non-voice service revenue increasing by 27% to Kshs 68.8bn.  Read More

She Leads Africa launches 2015 Entrepreneur Showcase

The premier platform for young female entrepreneurs across Africa has launched this year’s competition, with a $15,000 cash prize for the winners. Read More

Africa highlighted as high potential tech market

Africa’s trade potential has come under the spotlight at the 5th annual DHL Global Technology Conference in Dubai. Read More

Liquid Telecom names new Group Managing Executive

Willem Marais has been appointed to the post of Group Managing Executive for Liquid Telecom Group and also joins as the Chief Executive Officer of Liquid Telecom South Africa. Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4Afrika

FEATURED STORY

The transformative power of affordable smartphones and unlimited data in GhanaThe transformative power of affordable smartphones and unlimited data in Ghana

Smartphones are helping transform their lives of ordinary people in Ghana, Reports Nana Appiah Acquaye.

IN DEPTH

NIMC infrastructure must be managed by credible people: NIMC chiefNIMC infrastructure must be managed by credible people: NIMC chief

NIMC’s chief speaks to Kokumo Goodie about the role of the NIMC and his own legacy.