Category Archives: Business

Money and Finances

Kenya Central Banks eyes Kakamega refinery to buy gold directly from miners for economic reserve, to drop dollar and boost sector

BY MANUEL ODENY, @TheNyanzaNews The Kenya Central Bank of Kenya is banking on the upcoming Kakamega gold refinery to buy gold directly from miners and boost strategic reserves. Hillary Kimtai,…

China-Africa trade expo catalyzes economic cooperation- Zimbabwean official

BY XINHUA HARARE, June 23 (Xinhua) — The fourth China-Africa Economic and Trade Expo (CAETE) is a huge success and serves as a catalyst for enhanced trade relations between China…

Zoom Africa: China’s zero-tariff policy boosts African exports, value chains

BY XINHUA CHANGSHA/NAIROBI, June 19 (Xinhua) — In March, a shipment of over 800 African ornamental fish arrived in China through the Changsha Huanghua International Airport in central China’s Hunan…

FEATURE: Tête-à-tête, rhythm and why it was time for Africa at dynamic China-Africa expo

BY XINHUA CHANGSHA, China, June 18 (Xinhua) — Though the air-conditioned pavilions offered respite from Changsha’s summer heat, the real warmth emanated from the thriving China-Africa partnerships on display at…

Britain, U.S. sign partial trade deal to ease tariff barriers amid unresolved sticky issues

BY XINHUA The agreement, first announced in May, includes tariff reductions on British car and aerospace exports, but several key sectors, notably steel, aluminium, and pharmaceuticals, remain unresolved. LONDON, June…

China remains Africa’s largest trading partner for 16 years, with industrialization key for future growth

BY XINHUA NAIROBI, June 16 (Xinhua) — China-Africa trade reached a record 295.56 billion U.S. dollars in 2024, up 4.8 percent year-over-year, marking the 16th consecutive year China has remained…

PHOTO STORY: How international export connected Rwandan farmers’ chilies with with consumers in China

BY XINHUA BEIJING, June 13 (Xinhua) — At the ongoing 4th China-Africa Economic and Trade Expo held in Changsha of Hunan, a chili sauce product, made from Rwandan peppers, has…

Fourth China-Africa Economic and Trade Expo opens with focus on ties, new deals

BY XINHUA CHANGSHA, June 12 (Xinhua) — The fourth China-Africa Economic and Trade Expo opened Thursday in the central Chinese city of Changsha, highlighting the commitment of the world’s largest…