Tag Archives: China

Tororo, Uganda | THE INDEPENDENT | President Yoweri Museveni has this afternoon commissioned the first phase of the China-Uganda Free Zone at Sukulu, a $620 million investment, in Tororo, Uganda. The investment, by Chinese company Guangzhou Dongsong Energy Group Uganda Limited, will have a fertilizer plant, steel mill and supporting power …

Freetown, Sierra Leone | AFP |  It was a time for smiles and handshakes as the delegations from Sierra Leone and China Exim Bank sealed a loan to provide the impoverished West African state with a new airport. Just months later, the much-trumpeted Mamamah International Airport scheme, estimated to cost …

  Entebbe, Uganda | THE INDEPENDENT | President Yoweri Museveni has said that the establishment of more factories that manufacture domestically consumed products, such as household ceramics and sanitary ware, will go a long way in saving the country foreign exchange on top of creating more job opportunities in the …

Washington, United States | AFP | US President Donald Trump and Chinese leader Xi Jinping will “probably” meet at a G20 summit next month, a US official said Sunday, as both sides seek answers for a badly strained relationship that a Chinese official called “very confusing.” “The presidents will probably meet …

  London, UK | THE INDEPENDENT | President Yoweri Museveni has made a passionate plea to the British business community to invest in Africa and in Uganda in particular. He said the British they have the capital, skills, entrepreneurship and knowledge to make profit while the continent needs to create …

What Africa and Uganda got from Beijing Kampala, Uganda | RONALD MUSOKE | President Yoweri Museveni was among the 35African heads of state who flew out to Beijing in early September to attend what is fast becoming a Chinese jamboree where easy-looking deals are quickly sealed every three years. The 2018 …

Taking stock of Chinese investments in Uganda Kampala, Uganda | RONALD MUSOKE | China has been Uganda’s second largest trading partner for a while, according to Zheng Zhu Qiang, the Chinese ambassador to Uganda. China is now also the second leading investor in terms of projects. Speaking during the Uganda-China Economic …

  SGR: Chinese contractor faces boot as Kutesa camp returns Kampala, Uganda | HAGGAI MATSIKO | President Yoweri Museveni is renegotiating the Standard Gauge Railway (SGR) contract – again. And the negotiations are not going his way, meaning that once again the project is likely to be delayed even more. …

Nigeria, China in currency swap Kampala, Uganda | THE INDEPENDENT | In a signing ceremony that took place in Beijing China, the Central Bank of Nigeria and the Peoples Bank of China agreed to a currency swap worth $2.5billion to make trade between the two countries easy. International reports say the move …

Beijing, China | AFP | A former Chinese Communist Party official who was once tipped as a potential successor to President Xi Jinping was sentenced to life in prison for bribery on Tuesday, the latest senior cadre to fall in Xi’s sweeping anti-corruption crusade. Sun Zhengcai, a former Politburo member …