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China-Africa relations: Xi Jinping vows to help Equatorial Guinea diversify economy away from heavy oil and gas reliance - Vimarsana News

China-Africa relations: Xi Jinping vows to help Equatorial Guinea diversify economy away from heavy oil and gas reliance

In Beijing, Xi and Teodoro Obiang Nguema Mbasogo announce elevation of bilateral ties to comprehensive strategic partnership of cooperation.

Source: scmp.com
China gives Zimbabwe military equipment worth US$28 million to boost security and modernise defence forces - Vimarsana News

China gives Zimbabwe military equipment worth US$28 million to boost security and modernise defence forces

Beijing is key ally of Harare, which has faced sanctions from the West, while China sees the African country as strategic location for spreading influence.

Source: scmp.com
China-Africa relations: IMF report says Chinese loans are not main debt burden in sub-Saharan region - Vimarsana News

China-Africa relations: IMF report says Chinese loans are not main debt burden in sub-Saharan region

Beijing the largest bilateral official lender to countries in Africa but share in sub-Saharan overall sovereign debt still relatively small: report.

Source: scmp.com
African ambassador criticizes IMF, World Bank for not giving enough loans - Vimarsana News

African ambassador criticizes IMF, World Bank for not giving enough loans

An ambassador of an African country to China has criticized the International Monetary Fund and the World Bank for restrictive lending policies.

Source: cnbc.com
Is China's Belt and Road Initiative running out of steam? - Vimarsana News

Is China's Belt and Road Initiative running out of steam?

At Kenya’s Miritini Railway Station, near the coastal city of Mombasa, a statue of legendary Chinese explorer Zheng He sits on a plinth greeting passengers, more than 600 years after his voyage to the town of Malindi, further up the coast. The statue’s plaque explains the ties between Kenya and China t