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China UnionPay issues 1st credit card in Africa

China UnionPay issues 1st credit card in Africa

China UnionPay (中国银联), China’s leading bankcard network operator, announced on Thursday that it has issued its first credit card in Africa, further enlarging its global footprint. UnionPay International, China UnionPay’s…

Chinese businesses in Africa urged to create local jobs

An official with the National Development and Reform Commission (NDRC) has urged Chinese businesses in Africa to create jobs for local residents and increase local tax revenues. Liu Hongkuan, deputy…

AU Commission head to visit China

Nkosazana Dlamini-Zuma, head of the African Union (AU) Commission, is to visit China from Feb. 14 to 17, at the invitation of Chinese Foreign Minister Yang Jiechi, the foreign ministry’s…

China defends cooperation with Africa

China defended its cooperation with Africa here on Monday, saying it does not hinder any third party’s cooperation with Africa. “China-Africa economic and trade cooperation is mutually beneficial and win-win,…

Africa becomes largest Chinese medicine export market

Africa has become the largest export market for medicine made by China and one of the fastest-growing markets for Chinese medical products, a senior medical official said on Saturday at…

China, ECOWAS move to strengthen ties

The government of China and authorities of the Economic Community of West African States (ECOWAS) on Wednesday moved to strengthen relations by signing a framework agreement for cooperation in specific…

One Chinese worker shot dead in northern Nigeria

A Chinese construction worker was on Friday shot dead in Nigerian’s northeastern city of Maiduguri by gunmen. The Chinese, according to witnesses, was shot dead at a construction site around…

China invests 8.4 mln USD in Mozambique in first half of 2012

China invested 8.4 million U. S. dollars in the first half of this year, according to state television TVM. The station said China surpassed South Africa to become No. 1…

African immigrants talk about life in Beijing

Chinese companies have invested heavily in Africa in recent years and trade among Asian and African nations has soared. As their economic ties have grown, so have the number of…

Chinese businessmen invest 250 mln USD in the Limpopo Valley in southern Mozambique

Authorities in the southern Mozambican province of Gaza said that a group of Chinese businessmen is investing 250 million U.S. dollars in agriculture in the Limpopo Valley. The investors are…

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