Beijing fires back at Tillerson’s China-Africa remarks

Beijing fires back at Tillerson’s China-Africa remarks

China has fired back at the United States after claims by U.S. Secretary of State Rex Tillerson that Beijing’s approach to African development is one of dependency and indebtedness. Tillerson, now in Ethiopia as he begins a five-nation African tour, made the remarks prior to departing the U.S. “We partner…

Turkey’s Erdogan begins four-nation Africa tour in Algeria

Turkey’s Erdogan begins four-nation Africa tour in Algeria

President Recep Tayyip Erdoğan of Turkey began a tour of four African nations on Monday in Algeria, where he met with Prime Minister Ahmed Ouyahia to discuss cooperation on counterterrorism, energy, and economic development and trade. It is Erdoğan’s second visit to Algeria since becoming president in 2014 and he…

AfDB touts agriculture, infrastructure in new African Economic Outlook report

Infrastructure investment remains at the core of African economic development, says Akinwumi Adesina, president of African Development Bank (AfDB), as the bank rolls out its 2018 African Economic Outlook. “Infrastructure, when well managed, provides the financial resources to do everything else,” said Adesina, speaking from the bank’s headquarters in Abidjan, Côte…

Focus on Africa in Guterres’ remarks to G7 leadership

United Nations Secretary General António Guterres, speaking at a session on Africa and the G7 during the weekend summit in Italy, emphasized six strategies for advancing growth across the continent while reducing the risks that unemployment and economic frustration create for peace and security. Guterres noted the challenges facing fragile…

Djibouti-Ethiopia rail runs set for October start

Test runs of the new railway linking Addis Ababa and Djibouti may come as early as next week, now that the $345 million project, funded primarily by China, is near completion. Officials with Ethiopian Railway Corporation say trial service will run for three to six months on the line, beginning…

Investment in Zimbabwe: what next?

ZIMBABWE’S veteran ruler, President Robert Mugabe is turning to Nigerian billionaire and Africa’s richest man,  Mr Aliko Dangote for elusive foreign direct investment, portraying him as the saviour for his country’s unforgiving economic woes. The wealthy Mr Dangote was in the Southern African country late August to scout for opportunities…

Bhejane Nqobile Bhebhe

Bhejane Nqobile Bhebhe is a Zimbabwe journalist based in the capital, Harare.