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CHINESE COMPANIES IN KENYA
China green tech firms target new consumers hit by Iran war energy shockCompanies like Jinko Solar, Chery Automobile, and BYD are seeing surging demand for EVs, batteries, and solar panels in markets seeking alt...
Real-world ‘Avatar’ in Kenya: Sacred hill turns into a rare-earth battleground for US and ChinaGlobal powers, including the US and China, are eyeing Mrima Hill in Kenya for its rich rare-earth deposits, sparking division and suspicion...
Jamie Dimon charts JPMorgan expansion plan into AfricaJPMorgan Chase plans to expand into Kenya and Ivory Coast this year. The bank will focus on commercial and investment banking, treasury ser...
Gautam Adani's plan to invest $1.85 billion in Kenya’s largest airport blocked by courtGautam Adani Kenyatta Airport: Kenya’s High Court has temporarily paused a government plan to transfer the management of Nairobi's Jomo Ken...
Post-COVID, China is back in Africa and doubling down on mineralsChinese overseas investment, with a focus on minerals extraction in Africa, is rebounding post-pandemic. However, the relationship remains ...
ONGC, Oil India in talks for 50% stake in $3.4 bn Kenya oilfield, Chinese firm enters frayONGC Videsh, India's flagship overseas oil firm, has teamed up with Oil India to replace IndianOil for the potential acquisition of a 50% s...
Chinese companies win half of all African construction contracts employing alleged corrupt methodsChinese companies have been accused of winning around half of all African construction contracts meant for foreign firms through corrupt me...
Hidden costs of Chinese projects in key African state of KenyaAlthough Kenya’s President Uhuru Kenyatta has defended the country’s strategy, many Kenyans have alleged that the China-funded projects are...
China reportedly investing $ 8.43 bn in Africa as part of Digital Silk Road initiativeAs part of this strategy, the Chinese government is recommending its tech giants – Huawei, ZTE and Cloudwalk to enter into mobile telephony...
China keeps key Eastern African state of Kenya on tenterhooksThe Kenyan Treasury says it decided not to seek an extension of the debt relief beyond June 2021 and claimed that Kenya was fully paying th...
India keeps a close watch on Kenya as it falls under China's debt trapKenya could lose its Mombasa port to China along the lines of Hambantota port in Sri Lanka.
OBOR projects worldwide are stacking the deck for Chinese enterprises and banksOne Belt, One Road (OBOR) is like a hold-all, in the sense that it has several independent, but linked, infrastructure projects.
China arrests 62 people in biggest telecom fraudIn its biggest telecom fraud case, China has arrested 62 people including 10 Taiwanese suspected of defrauding a construction firm of over ...
- China owns up Nigerian fake drugs cargo
China has promised action against its pharmaceutical companies involved in shipping fake drugs to Nigeria with ‘Made in India’ labels.
- China owns up Nigerian fake drugs cargo
China has promised to take action against its pharmaceutical companies involved in the shipping of fake drugs to Nigeria with `made in Indi...
- Chinese tainted milk scandal fans fear of imports
At least nine countries as far away as Kenya have banned Chinese dairy imports in response to a widening tainted milk scandal that has clai...
- Textile exporters plan to explore new areas
Indian exporters of textile goods are planning aggressive forays in the South East Asian market, and also African nations.