China offers Africa $51 billion in fresh funding, promises a million jobs

China’s President Xi Jinping delivers a keynote speech at the opening ceremony of the ninth Forum on China-Africa Cooperation (FOCAC) Summit, at the Great Hall of the People in Beijing, China September 5, 2024. Photographer Florence Lo By Reuters President Xi Jinping pledged on Thursday to step up China’s support across the debt-distressed African continent

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Xi hosts African leaders, lauds model China-Africa ties ahead of grand summit

By Xinhua News Agency Chinese President Xi Jinping on Wednesday lauded the “stellar example” of China-Africa relations as China rolled out the red carpet for African leaders and other guests attending a grand summit expected to further elevate ties. Xi and his wife, Peng Liyuan, held a welcome banquet at the Great Hall of the

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China to ‘revitalise’ ageing railway linking Zambia, Tanzania

China’s President Xi Jinping attends Shanghai Cooperation Organization (SCO) summit in Astana, Kazakhstan July 4, 2024. Photographer Turar Kazangapov/File photo By Reuters China, Tanzania and Zambia signed an initial agreement to rehabilitate a decades-old railway aimed at improving the rail-sea transportation in resource-rich East Africa, Chinese state media said on Wednesday. President Xi Jinping witnessed

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Puntland minister says Egypt wants to make Somalia a place to defend its interests in the Nile River

File Photo/Somali Times The minister of internal affairs of the Puntland regional government, Abdi Farah Said, said that the Egyptian government has its own interests in interfering in the affairs of Somalia, and he said that it sees a great opportunity to defend its interests in the Nile River. Read: Somalia’s president Hassan Sheikh history

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Istanbul police arrest Mossad’s financial network chief in Turkey

By Anadolu Agency Istanbul Police have arrested Liridon Rexhepi, whom the Turkish National Intelligence Organization (MIT) identified as the head of Mossad’s financial network in Turkey, security sources said on Tuesday. According to the sources, Rexhepi managed the financial operations of the Israeli intelligence agency Mossad in Türkiye. It was also revealed that, under instructions

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India’s Adani sets up Kenyan subsidiary amid push for Jomo Kenyatta International Airport deal

Chairman of the Adani Group Gautam Adani By The East African Adani Enterprises has set up a Kenyan subsidiary as it steps up its push to take over the running of Jomo Kenyatta International Airport, amid continued opposition among transport workers to the takeover by the Indian conglomerate. The flagship company of Gautam Adani’s sprawling

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Chinese, Djiboutian presidents meet in Beijing, elevate bilateral ties

By Xinhua News Agency Chinese President Xi Jinping met with Djiboutian President Ismail Omar Guelleh, who is in Beijing for the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC). Read: The oldest African dictators Read: Who is Djibouti dictator Ismail Omar Guelleh and his wife? The two leaders jointly announced the elevation of bilateral

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African states fret over dirty money, urge linked solutions

A National Risk Assessment conducted in Kenya identified fraud, forgery and drug trafficking as significant threats. Photo/Shutterstock By The East African African countries are seeing money laundering as a common problem requiring transboundary solutions, in what call for linked legal frameworks to tackle the issue. At the 48th Eastern and Southern Africa Anti-Money Laundering Group

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Top Gold Producers in Africa 2024

Credit Photo Twitter X /Mopti gold mines By The African Exponent Ghana remains the top gold producer in Africa. South Africa continues its long-standing tradition in gold mining. Sudan and Mali are emerging as significant contributors. Burkina Faso and Tanzania are also key players in the gold industry. Africa’s gold production is crucial to the

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Turkey not compelled to choose between EU, Shanghai Cooperation Organization: President Erdogan

By Anadolu Agency Turkey is not compelled to choose between the EU and Shanghai Cooperation Organization, “as some claim,” the Turkish president said on Saturday. “While strengthening our relations with the East, we seek ways to advance our deep-rooted cooperation with the West,” Recep Tayyip Erdogan said at the Naval War College Commencement and Flag

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