China is Africa’s largest economic partner

China is Africa’s largest economic partner. Yet it has been a challenge to understand the full extent of the partnership due to a dearth of data. A new report by McKinsey Africa (www.McKinsey.com) finds that its involvement is bigger and more multifaceted than previous studies suggest. “Chinese engagement with Africa is set to accelerate by… via […]

China is Africa's largest economic partner

China is Africa’s largest economic partner. Yet it has been a challenge to understand the full extent of the partnership due to a dearth of data. A new report by McKinsey Africa (www.McKinsey.com) finds that its involvement is bigger and more multifaceted than previous studies suggest. “Chinese engagement with Africa is set to accelerate by… via […]

Dangote Industries to get $1 Billion Afreximbank Intra-African Trade Financing — BizNis Africa

The African Export-Import Bank (Afreximbank) today in Kigali signed agreements to provide financing facilities totaling $1.11 billion to support African entities engaged in intra-African trade, including $1 billion to the African conglomerate Dangote Industries Limited. The signing ceremonies, held as part of the ongoing activities marking the 24th Annual General Meeting of the Bank, are in… […]