Tag: China
π±π· The Money Trail in Liberia’s Iron Ore Industry: Accountability, Beneficiaries, and Oversight
Liberia, rich in natural resources, is one of Africa’s largest producers of iron ore, a vital raw material for steel production. However, questions about transparency and accountability have persisted for decades, especially concerning where the revenue from iron ore exports ends up. As large quantities of iron ore leave Liberia’s shores, many citizens are left…
Google Exposes GLASSBRIDGE: A Pro-China Influence Network of Fake News Sites
Government agencies and non-governmental organizations in the United States have become the target of a nascent China state threat actor known as Storm-2077. The adversary, believed to be active since at least January 2024, has also conducted cyber attacks against the Defense Industrial Base (DIB), aviation, telecommunications, and financial and legal services across the world,…
πΏπ²π¨π³ China pledges $5 billion investment in Zambia’s mining sector through new association
China has officially launched the Chinese Mining Enterprise Association in Zambia (CMEAZ), a strategic initiative aimed at boosting the Zambian mining industry with a projected $5 billion investment by 2031. The launch event took place in Lusaka on November 12, where Zambia’s Mines and Minerals Development Minister, Paul Kabuswe, highlighted the significant role this association…
π³π¬ Nigeria signs $1.2bn deal with Chinese firm to revamp gas plant for aluminium smelter
Nigeria has signed a $1.2bn (R21.67bn) contract with Chinese state-owned engineering firm CNCEC to revamp a gas processing plant crucial for the country’s aluminium production, its petroleum ministry said. The contract signed between CNCEC and BFI Group β the core investor in the Aluminium Smelter Company of Nigeria β is the first step towards reviving…
Uganda commissions $1.7 bln China-financed hydropower plant
Uganda on Thursday commissioned its largest electricity generation plant, a 600 megawatt (MW) power plant built on the River Nile that cost $1.7 billion, financed with a loan from China. The Karuma Hydropower Project (KHP), constructed by Sinohydro Corporation, sharply raises Uganda’s generation capacity to slightly above 2000 MW. Construction of the plant, which began…
Morocco, China forge water cooperation agreement for 2025-2027
Morocco and China signed a memorandum of understanding in Rabat on Wednesday launching an executive program for cooperation in water resources for the 2025-2027 period, according to a press release from the water ministry. This program focuses on collaborating on water infrastructure projects, specifically in the areas of construction, operation, management, and maintenance of water…
Chinese company HighGreat Innovative sets two drone world records in Shenzhen
According to the firm, it dazzled the skies with 7,998 drones to create the “Largest Aeral Image Formed by Drones” and mesmerized spectators as 8,100 UAVs soared simultaneously, setting the record for “Most Drones Flying at the Same Time.”
Chinese bus manufacturer Yutong eyes Tanzania assembly plant amidst growing market presence
The decision, announced by Kellen Zou, CEO of Yutong Bus Tanzania, during the inauguration of Yutong’s new offices and service center in Tanzania, is driven by the company’s positive market performance in the African country, according to local media. Zou highlighted the rapid growth of the Tanzanian and East African markets, which he described as…
Chinese company to build Africa’s largest desalination plant in Namibia
An agreement has been reached between China General Nuclear Power Group (CGN) and the Namibian government and construction will begin this year. The production capacity of this plant, after its commissioning, will be up to 20 million tonnes of desalinated water per year. The implementation of this project would solve the problem of fresh water…
Liberia’s $3 Billion Oil Refinery: A Game-Changer for West Africa
A New Era of Energy Independence Liberia, a West African nation with a history of political instability and economic challenges, is poised to embark on a transformative journey. The construction of a $3 billion oil refinery in the coastal city of Buchanan is set to revolutionize the country’s energy landscape and position it as a…
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