Africa China World 

Chinese lottery firm expands its crypto presence

– Advertisement – Lotteries are extremely popular in China, where many millions of people buy tickets every year in the hope of striking lucky. This process has gone online over the last few years, as more and more people in the country gain access to the internet, and has only served to increase its popularity. Lottery companies are certainly keeping up with the times in China, and one of the best examples of this comes from 500.com and its acquisition of BTC.com. 500.com is one of the biggest Chinese sports…

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Africa China Southern Africa World Zimbabwe 

Zimbabwe receives 200k doses of Covid-19 vaccine from China

– Advertisement – Zimbabwe has received its first 200,000 doses of the Sinopharm Covid vaccine from China, according to the government. The consignment of the vaccine arrived on Monday morning in a Air Zimbabwe flight and were handed over to the government. The handing over to the government was done by Chinese ambassador to Zimbabwe. China donated the 200,000 doses with an additional 600,000 doses already ordered by the government expected to arrive next month. Air Zimbabwe Boeing 767- 200 ER carrying the Sinopharm #COVID19Vaccine consignment for Zimbabwe arrives at…

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Africa China World 

China and WHO acted too slowly to contain Covid-19

China and the World Health Organization (WHO) could have acted quicker and more forcefully to contain the start of the Covid-19 outbreak, an independent review panel said on Monday. In its second interim report, the Switzerland-based Independent Panel for Pandemic Preparedness and Response determined that Beijing could have been more vigorous in applying public health measures when cases were first detected in the city of Wuhan, in Hubei province. “What is clear to the panel is that public health measures could have been applied more forcefully by local and national…

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Africa Business China World 

China and Lending – Will Africa Suffer From a More Frugal Outlook?

– Advertisement – Prior to the popular ‘Africa Rising’ narrative which gained momentum at the turn of the century, the region’s debt crisis was one of the main topics of developmental economics. This was particularly apparent during the 1980s, when most African nations were trapped in an unsustainable cycle of debt. In fact, Africa’s cumulative debt burden increased from just $8 billion in 1970 to a staggering $174 billion at the end of 1987, or 322% when expressed as a proportion of exported goods and services. China’s borrowing helped to…

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Lifestyle People 

‘HEALING RAIN’ Falls Worldwide as TB Joshua Declares End To Coronavirus Outbreak!

As the world grapples to deal with the outbreak of coronavirus, Nigerian Prophet TB Joshua has declared that showers of rain would fall to ‘wipe away’ the deadly virus.  On Saturday 29th February 2020, Joshua declared that “showers of rain that will wipe away the fear of the unknown” would fall as a sign the days of the disease were numbered. In the days that followed, rain surprisingly fell in cities around the world, including in Wuhan, China – the epicentre of the disease and location of most of its fatalities.  For many…

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Africa Business China Southern Africa World Zimbabwe 

China ‘angry’ with Zimbabwe for understating financial support

China has said that Zimbabwe has been understating its financial help to the southern African nation. Zimbabwe’s recently released budget figures ranked China poorly when it comes to foreign countries  supporting it. The country’s Finance Minister Mthuli Ncube said in a budget statement last week that the country received $194m from bilateral donors between January and September this year. Out of that figure Ncube said China provided $3.6m, a figure that was considered meager due to the publicized relations between China and Zimbabwe. But the Chinese embassy in Harare has…

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Africa China Russia World 

Why U.S. is worried about Russia, China presence in Africa

Africa for centuries has been a place where the world’s super powers like to deepen their presence hoping to secure some of it’s territories and resources. That led to slavery and colonization and their impact have been devastating for years and do not seem to have ended just yet. Since the beginning of the 20th century when most African countries started fighting for their independence from colonial rule, there has been a shift in how super powers like Europe, America, China and Russia engage Africa. There have been efforts to…

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Africa China Russia World 

How world powers are distracting Africa from its development

For years Africa has been known as the continent that goes begging for help to develop. That has led to mounting debts that ultimately cripple economies on the continent. The dream of founding leaders of many African countries especially Ghana’s Dr. Kwame Nkrumah was for Africa to unite as a major force to take control of its developmental agenda. On July 7, 2019 African leaders made history by launching the much talked about continental free-trade zone in Niger’s capital, Niamey. It would be the world’s largest free trade area uniting…

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Africa Business China East Africa World 

Kenya: $1bn Chinese-built railway line opens to public

The second phase of Kenya’s newly built railway line connecting the capital Nairobi to the Rift Valley region has opened to the public. Built by China Communications and Construction Company the second phase of the project cost over $1 billion. The launch was done without the usual fanfare witnessed at the opening of the first phase opened in May 2017. On Wednesday Kenya’s President, Uhuru Kenyatta opened the second phase of the railway line. That first phase of the project cost $3bn and connects the coastal city of Mombasa to…

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Africa Business China West Africa World 

Chinese vessel fined $1m over illegal fishing in Ghana

Ghanaian authorities have fined owners of a Chinese vessel that engaged in illegal fishing in the country’s waters. Owners of the fishing vessel, Lu Rong Yuan Yu 956 will have to pay a $1 million fine for illegal fishing and additional $22, 700 (GHc124,000) for having fish onboard. According to local news outlet CITI FM reporting, the fishing vessel was arrested offshore Ghana’s Cape-3-point in June this year. 27 persons comprising 22 Ghanaians and five Chinese nationals were onboard the vessel. Ghana decided to drop charges against the vessel owners…

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