The year 2023 marked the 10th anniversary of the Belt and Road Initiative (BRI) and the 10th year since Chinese President Xi Jinping visited Africa in 2013, his first foreign visit after taking office, during which he proposed the principles of sincerity, real results, amity and good faith for China’s Africa policy and the principle… Continue reading China-Africa Cooperation Showed New Vitality in 2023
Trade Volume Between Russia and India Exceeded over $40 billion in the First Three Quarters
The volume of trade between Russia and India will reach a record high this year. This statement was made by Dmitry Volvach, Deputy Minister of Economic Development of the Russian Federation, during the India-Russia business dialogue. “It is safe to say that this year we will renew our historical record of mutual trade,” the Russian… Continue reading Trade Volume Between Russia and India Exceeded over $40 billion in the First Three Quarters
Russia Signs Agreement With African Countries To Train Mining Engineers
Russia has signed a cooperative agreement with nearly 30 African universities to enhance the training of mining engineers on the continent. Zimbabwean universities are also set to benefit as there are part of the Subsoil Africa Consortium Universities under which the agreement was signed. The signing of the agreements of commitment for the relevant support… Continue reading Russia Signs Agreement With African Countries To Train Mining Engineers
Brazil To Become The World’s Ninth Largest Economy
With gross domestic product (GDP) growth of 3.1 per cent this year, Brazil is expected to rise two places to become the world’s ninth largest economy in 2023. This was announced by the International Monetary Fund (IMF) on Tuesday, 19 December. According to the fund, the country should end the year with a nominal GDP… Continue reading Brazil To Become The World’s Ninth Largest Economy
African Varsities, Russia Sign Pact to Drive Industrial Growth
An agreement has been signed with Russia by members of the Committee of Vice-Chancellors of Nigerian Universities (CVCNU) and African Vice-Chancellors. The Secretary-General, CVCNU, Prof. Yakubu Ochefu, in a statement made available to newsmen in Abuja on Friday, said that the agreement was aimed at addressing challenges in the African education system. Ochefu said that… Continue reading African Varsities, Russia Sign Pact to Drive Industrial Growth
PIC’s Daybreak Farms Appoints Richard Manzini As CEO
Top South African poultry producer Daybreak Farms has announced the appointment of Richard Manzini as its new chief executive officer (CEO). Manzini, a well-established business strategist, will guide the company through the current challenges in the poultry market. He assumes control of the company, owned by the Public Investment Corporation (PIC), after a market disruption… Continue reading PIC’s Daybreak Farms Appoints Richard Manzini As CEO
Mulatu Teshome: Ethiopia Would Benefit From Formal BRICS Membership
Ethiopia will benefit immensely from formally joining the BRICS co-operation mechanism as the move will lead to increased investment and be a source of increased trade and economic exchanges, according to former Ethiopian President Mulatu Teshome. This is reported by CCTV+, a partner of TV BRICS. At the 15th BRICS summit held in South Africa… Continue reading Mulatu Teshome: Ethiopia Would Benefit From Formal BRICS Membership
China-South Africa Agreement on Citrus Trade Thrills Farmers
In the heart of South Africa’s rugged Swartberg and Koue Bokkeveld mountains lies the alps towering majestically above fertile citrus farmland, forming a wall that sustains enough rainfall to attract farmers to the south. Siabonga Mbete, 34, grows tangerine – a small seedless fruit of the citrus family that is turning South African farmers into… Continue reading China-South Africa Agreement on Citrus Trade Thrills Farmers
Ramaphosa Defends ANC Legacy, Labels Splinter Parties As “Snakes”
ANC President Cyril Ramaphosa criticized those who left the governing party to form splinter parties, which he believes are intended to weaken support for South Africa’s governing party. Ramaphosa spoke to the liberation movement’s members and supporters at the Mbombela Stadium in Mpumalanga, where he gave his January 8th Statement to celebrate the ANC’s 112th… Continue reading Ramaphosa Defends ANC Legacy, Labels Splinter Parties As “Snakes”
Fatal Bus Tragedy Spoils ANC Birthday Festivities
Several prominent ANC leaders in Limpopo had to alter their plans to commemorate the party’s 112th anniversary at Mbombela Stadium in Mpumalanga. They were compelled to attend to a devastating incident that resulted in the loss of five lives in Magoebaskloof, near Tzaneen. The incident occurred in the early hours of Saturday, January 13, 2024,… Continue reading Fatal Bus Tragedy Spoils ANC Birthday Festivities