ETHIOPIA SECURES HUGE INVESTMENT DEALS

ETHIOPIA SECURES HUGE INVESTMENT DEALS

Second Belts and Roads Forum was a great opportunity for Ethiopia to secure huge investment deals. Prime Minister, Abiy Ahmed and his delegation were in Beijing attending the Second Belts and Roads Forum for International Cooperation. In fact, the Forum is a brain child by China. It is seeking to foster international collaboration for peaceful development and economic cooperation. Apparently, China is currently Ethiopia’s largest trading partner and a key source of Foreign Direct Investment….

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CHINA OFFERING US$60bn IN FINANCING FOR AFRICA

CHINA OFFERING US$60bn IN FINANCING FOR AFRICA

China to support African development with US$60 billion China president Xi Jinping yesterday said the Chinese government will be financing Africa with US$60 billion. He added that Chinese companies will also  invest  at least US$10 billion over the next three years. He made this statement at the opening ceremony of  the African leaders summit in Beijing. Mr. Jinping said the fund will support developments that Africans can see and touch. The developments/projects will also be green and…

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