Posts Tagged ‘China’

Kenya and Africa’s latest independent state – South Sudan

(HornTrade) – Kenya is tapping billions of shillings in new investments from what is emerging as an early harvest of the fruits of the looming birth of Africa’s latest independent state — South Sudan.

East Africa’s largest economy has emerged as the major beneficiary of the expectation that Southern Sudanese will choose independence in January — sparking a race among foreign governments with the financial muscle to develop infrastructure that the new state will require to trade with the world. Read the rest of this entry »

Ethiopia: Billions in Chinese Loans for Rail, Ships, Housing

An Ethiopian delegation, led by Sufian Ahmed, minister of Finance and Economic Development (MoFED), returned from China after a successful negotiation for loans on the order of billions of dollars for large government projects, which are in the pipeline. Read the rest of this entry »