Today News Africa
Source: Today News Africa |

In Djibouti, a major contract was signed. Then the Chinese arrived. Everything changed. (by Simon Ateba)

Under the terms of the contract, Djibouti granted DP World exclusive rights over port and free zone facilities within Djibouti, including container handling facilities

When a major contract between DP World Limited and the Republic of Djibouti was signed, everyone seemed to be happy and satisfied with the business deal. Both sides pledged to respect the terms of the agreement, and it seemed back then, that Djibouti, a tiny but important country located in the…

Hanergy
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Source: Hanergy |

Hanergy Introduces its Cutting-Edge BIPV Product in the Middle East Market

Hanergy Thin Film Power Group as part of its global launch, introduced in Dubai on Tuesday (Oct. 9) its innovative BIPV product – HanWall, the world’s first integrated solar powered wall solution for Middle East market

Accelerates its expansion plan in the region; Clinches a contract with General Logistic Company to co-build the project in Oman’s Green New Landmark  The world’s largest thin-film power solution company, Hanergy Thin Film Power Group (00566.hk) (http://www.Hanergy.com/), as part of its global launch, introduced in Dubai on Tuesday (Oct. 9)…

Source: Greenpeace |

Over 90% of sampled salt brands globally found to contain microplastics

Only three of the salt brands studied did not contain any microplastic particles in the replicated samples

Over 90% of sampled salt brands globally were found to contain microplastics, with the highest number coming from salt sourced in Asia, according to a new study co-designed by Kim, Seung-Kyu, Professor at Incheon National University and Greenpeace (www.Greenpeace.org) East Asia.[1] For photographs: https://bit.ly/2AgLOfv The study, which has been published in…

Source: Republic of South Africa: The Parliament |

BRICS Parliaments adopt a Time-Table for Consultations to Finalise the Establishment of a BRICS Parliamentary Forum to Enhance Collaboration as Proposed by South Africa

Speaker Mbete said, so much needs to be done to translate the ideals that inspired BRICS parliamentarians to work closer together on matters of common interest

Speakers of BRICS Parliaments, have given a preliminary nod to a proposal of the South Africa to formally establish a BRICS Parliamentary Forum by March 2019 in South Africa. Speaker of the South African National Assembly, Ms Baleka Mbete, convened a meeting of BRICS Parliamentarians at the Kempinski Hotel in…

Source: The Department of Trade and Industry, South Africa |

The Department of Trade and Industry (the dti) to lead Agro-Processing Companies on Mission to Explore New Markets at Paris Trade Fair

7 020 companies from more than a hundred countries will be presenting their products to retail and foodservice professionals

The Department of Trade and Industry (the dti) will lead a delegation of 38 agro-processing companies on a mission to explore new markets at the 27th edition of the Salon International de l’alimentation (SIAL) International Food Exhibition, that will be taking place in Paris, France from 21-25 October 2018.  SIAL…

African Development Bank Group (AfDB)
Source: African Development Bank Group (AfDB) |

Technology and innovative finance key to reaching end users in the value chain through technology: African Development Bank at Global Infrastructure Forum 2018

Innovative finance and new technology will connect underserved populations Results: lower costs for off-grid electricity supply, benefits consumers

New technology and blended finance will help to bridge the “last mile” of the infrastructure gap by getting goods and services to end users, and connecting underserved populations to business value chains, said the African Development Bank (https://www.AfDB.org) during a session at the Global Infrastructure Forum 2018 on Saturday. This…

Today News Africa
Source: Today News Africa |

How a wolf in sheep’s clothing kidnapped Angola

Angola is a country in debt. At least $18 billion is being owed to Chinese

With projected debts of over $70 billion, about 70% of the national GDP, and an inflation rate of 24.75% as well as an unemployment level of 25%, the resource rich but heavily indebted Angola has decided to spend even more. The country would be spending $198 million to modernize its…

International Road Transport Organisation (IRU)
Source: International Road Transport Organisation (IRU) |

Pakistan launches first outbound Transports Internationaux Routiers (TIR) transport

The first Pakistan Transports Internationaux Routiers (TIR) transport leaves Karachi today, bound for Kabul via Peshawar and Jalalabad

IRU (www.IRU.org) member, PNC-ICC, issued the first TIR carnet this week to Pakistani transport operator, TCS Logistics, ahead of the departure today, which is marked by a ceremony in Karachi. Today’s launch follows recent meetings in Istanbul between Afghanistan and Pakistan – where TIR was highlighted as the customs standard…

Source: The Zimbabwean |

Zim general warns on foreign bases in Djibouti

One of Zimbabwe’s most senior soldiers and a key US congressman say trouble may be coming to the Horn of Africa

Major General Trust Magoba – who now serves as a special advisor to the African Union office for Peace and Security – has raised concern at foreign interference on the continent. “The establishment foreign bases and the involvement of external forces in the conflicts on the Horn of Africa is…

Africa Finance Corporation (AFC)
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    • Signing Ceremony for Facility Agreement between China Export Import Bank and Africa Finance Corporation, Beijing China; L-R: Seated - Oliver Andrews, Executive Director & Chief Investment Officer Africa Finance Corporation; Mr. Zhu Canzhang, General Manager Corporate Banking CEXIM; L-R: Standing – Banji Fehintola, Senior Director & Treasurer Africa Finance Corporation; Samaila Zubairu, President & CEO Africa Finance Corporation; Mr. Xie Ping, Vice President CEXIM; Mr. Zha Ying, Deputy General Manager Treasury CEXIM; Ms. Zou, Wenjing, Deputy General Manager International Department CEXIM
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC) acquires inaugural US$300 million facility from Export-Import Bank of China

The facility from CEXIM marks AFC’s inaugural financing facility from the People’s Republic of China (PRC)

Africa Finance Corporation (“AFC” or “the Corporation”) (www.AfricAFC.org), the leading infrastructure development finance institution in Africa, announces its successful acquisition of a loan facility from the Export-Import Bank of China (“CEXIM”) of a US$200m 5-year loan and a US$100m 5-year stand-by facility for general corporate purpose.  The facility from CEXIM marks…