Tag: China

Fund sets new aims for Africa

| April 13, 2012 | 0 Comments

<!–enpproperty 2012-04-13 09:14:24.0Ding QingfenFund sets new aims for AfricaChina-Africa, investment11010460Economy2@webnews/enpproperty–> Focus shifts from resources to infrastructure, manufacturing The China-Africa Development Fund is shifting its investment strategy with the focus now on infrastructure, manufacturing and agriculture, after a capital injection of $2 billion, Hu Zhirong, vice-president of the fund, said. Besides energy and resources, the fund [...]

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China sets fund for new aims in Africa

| April 13, 2012 | 0 Comments

By Ding Qingfen BEIJING, April 13 (Xinhuanet) — The China-Africa Development Fund is shifting its investment strategy with the focus now on infrastructure, manufacturing and agriculture, after a capital injection of 2 billion U.S. dollars, Hu Zhirong, vice-president of the fund, said. Besides energy and resources, the fund is looking at projects in “infrastructure, manufacturing, [...]

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Nigeria: Akwa Ibom Lawmakers to Undertake Tour of China

| April 11, 2012 | 0 Comments

Uyo — A delegation of members of Akwa Ibom House of Assembly is to travel to China soon to study its industrial set-up with a view to using the knowledge to make laws that will help the state government in establishing industries in the 31 local government areas of the state, Governor Godswill Akpabio has [...]

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South Africa to impose tax on ferrochrome imports from China

| April 11, 2012 | 0 Comments

There was a time when Merafe Resources, its partner Xstrata Alloys and other ferrochrome producers imported large amounts of metallurgical coke coal from China. This was because South Africa mostly has thermal coal that cannot be used to produce coke. Coking coal is used as a key ingredient in smelting to produce the beneficiated product [...]

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Africa Looks to China for Financing

| April 7, 2012 | 0 Comments

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