Lamu Port ‘dream’ on the way to reality- Standard (KEN)
To many, the reality of what is coming up in Lamu town is too good to be true. The obscure port along the Kenyan coastline is about to rival world famous ports and business hubs like Dubai in theUnited Arab Emirates. Full Story.
Lamu residents may feel like fish out of water- Standard (KEN)
Will Kenya be lucky this time?- East African (KEN)
Refineries: NNPC, Chinese Firm Sign $28.5bn Deal- This Day (NGA)
China fund looks to invest in SA auto, power and tractor sectors- Engineering News (ZAF)
The China-Africa Development Fund (CADFund) is working on facilitating investments in the automotive, power generation and agricultural markets in South Africa, says CEO Chi Jianxin. Full Story.
12-lane highway takes shape- Daily Nation (KEN)
New pay TV grows to 10,000 subscribers- Monitor (UGA)
With just three months of operation, the new Chinese digital StarTimes television has hit a 10,000 subscriber mark, a top official has said. Full Story.
At Least 21 Miners Killed in China Colliery Blast- Angola Press (AGO)
An explosion at a coal mine in China’s south-western Guizhou province has left 21 miners dead, state media reports. Full Story.
Chinese Ministry of Commerce Defends China’s Investment in Africa- FOCAC (CHN)
In an interview with Wall Street Journal, Fu Ziying, China’s vice Minister of Commerce, refuted the Western criticism onChina’s investment in Africa, declaring that the Chinese investment is “more market-driven”. Full Story.
More Locomotive Engines to Arrive Soon – NRC- This Day (NGA)
Wiphold signs R1,65bn deal to build SA cement factory- Business Day (ZAF)
Top investment company Women Investment Portfolio Holdings or Wiphold says its signed a R1,65bn deal with a Chinese consortium to build a new cement plant in Limpopo Province. Full Story.
Zijin confident Congo deal will survive- Business Day (ZAF)
Liberia’s mining sector: Stimulating post-war reconstruction?- Pambazuka (KEN)
Prior to the year that civil war broke out in Liberia in 1989, one of the major sources of income and employment – especially among local people – was the country’s rich and vast iron-ore mining sector. Full Story.
When did Huawei lay the right cable?- New Vision (UGA)
In a sudden twist of events, the parliamentary committee on information and communication technology (ICT) has given the Chinese firm, Huawei Technologies, a green light to complete the laying of the controversial data transmission cable. Full Story.
Zambia: President Banda lauds China- Lusaka Times (ZAM)
President Rupiah Banda has commended China for signing four Memorandums of Understanding (MOUs) with the Zambian government aimed at investing in various sectors of the economy. Full Story.
Export Zones to Boost Africa’s Manufacturing Industry- FOCAC (CHN)
Export processing zones (EPZs) have mushroomed across Africa. Their logic is to attract export-oriented manufacturing investment to boost economies. EPZs, although they create controversy in certain circles, have been highl successful in Asia, central and Latin American countries. Is the attempt by Africa to follow suit bearing fruits? Full Story.