Tag Archives: mutual benefits

China’s penetration deep into Africa reaches ‘skeptical phase’

17 May

Editor’s Note:

    Chinese multi-purpose financing of African states has done miracles especially to the infrastructures of a belatedly waking up region, helping it to strive to find its rightful place in the community of nations.
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Bloomberg Editors: Egypt Should Welcome Ethiopia’s Nile Dam

25 Jun

Posted by The Ethiopia Observatory

Ethiopia is building a giant hydropower dam on the Nile. The project, however, makes Egypt unhappy, as its water supply could be threatened. Though both countries could find ways to benefit from the Grand Ethiopian Renaissance Dam, neither has displayed exemplary conflict-management skills.
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China announces doubling of its loans to Africa to $20 billion

19 Jul

BEIJING (AFP)

China said Thursday it would offer $20 billion in new loans to Africa, underscoring the relationship’s growing importance, as Chinese companies agreed to operate more responsibly on the resource-rich continent.
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