Africa gets N2.16 trillion Chinese investments 2021

China wil invest N2.16 trillion ($60 billion) in Africa in the next three years. This was disclosed by the Consul-General of the People’s Republic of China in Lagos, Chao Xiaoliang in a post-summit article entitled “FOCAC Beijing Summit: A New Milestone in China-Africa Relations.” He said the new investment drive is one of the outcomes […]

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Buhari wants Chinese visa for ECOWAS’ businessmen, students, women

President Muhammadu Buhari has implored the government of China to facilitate visa for businessmen and women, and students from the Economic Community of West African States (ECOWAS) who seek to visit the country. Speaking at the opening ceremony of the high-level dialogue between Chinese and African leaders and business representatives on Monday in Beijing, he […]

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South Africa slips into recession as rand slumps

– Country in recession for first time since 2009 South Africa entered recession in the second quarter for the first time since 2009, data showed on Tuesday, in a stinging blow to President Cyril Ramaphosa’s efforts to revive the economy after a decade of stagnation. Statistics South Africa said the economy contracted by 0.7percent in […]

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China offers Africa another $60 billion, warns it’s not for ‘vanity projects’

President Xi Jinping Chinese President Xi Jinping has announced that his country is going to channel an additional $60 billion into the African continent in aids, investment, and loans. The country had made a similar announcement in 2015. However, Jinping, who stressed that there were no strings attached to the funds, warned that they should […]

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North, South Korea plan fresh family reunions

North and South Korea are planning another round of reunions at the end of October for families separated since the 1950-53 Korean War as the rivals’ diplomatic ties continue to thaw. Millions of people were swept apart by the 1950-53 Korean War, which separated brothers and sisters, parents and children and husbands and wives “The […]

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Cohen bombshell: Trump accuses lawyer of making up stories

US President Donald Trump lashed out at his former lawyer Michael Cohen on Wednesday after the lawyer implicated him in campaign finance violations. Trump accused him of making up “stories” to get a plea deal. The president’s longtime lawyer dealt him a bitter political blow on Tuesday as he admitted to felony charges in New […]

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