Jevans Nyabiage

1 week ago | scmp.com | Jevans Nyabiage

The US tariff policy could deal a blow to African exports, and experts warned that a prolonged US-China trade war would devastate the continent if China’s economy were to stumble. The United States runs its largest trade deficits with Africa’s top commodity exporters – South Africa, Nigeria, Algeria and Angola – as it is heavily reliant on their precious metals, oil and platinum, according to Renaissance Capital Africa.

2 weeks ago | scmp.com | Jevans Nyabiage

The construction of a multibillion-dollar liquefied natural gas plant in Mozambique is set to resume after the administration of US President Donald Trump approved a US$4.7 billion loan in a move to bolster American companies against their Chinese competitors in Africa.

2 weeks ago | scmp.com | Jevans Nyabiage

China’s proposal of a new funding structure to finance most of a stalled Standard Gauge Railway extension bordering Uganda will allow Kenya to revive the project, according to Nairobi. A consortium of Chinese companies will provide 40 per cent of the funding for the US$5.3 billion, 475km (295-mile) railway line from Naivasha, a town in the Central Rift Valley, to Malaba.

2 weeks ago | scmp.com | Jevans Nyabiage

When South African fashion designer Jessica Jane Molebatsi showcased her work at the recent Shanghai Fashion Week (SHFW), she was excited at the prospect of introducing her collection to such an important market. “Coming to China has opened up our eyes and our perspective to the potential markets in China,” Molebatsi said.

1 month ago | scmp.com | Jevans Nyabiage

Nigeria is actively courting Chinese investment with the establishment of a dedicated office to streamline partnerships just months after President Bola Tinubu’s return from Beijing. In September, the Nigerian president attended the Forum on China-Africa Cooperation (FOCAC) in Beijing and carried out a state visit to China, and since then more than 200 Chinese companies have expressed interest in investing in Nigeria.