Sunday , February 9 2025

Tag Archives: China

Museveni woos British investors

  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 …

Read More »

From the China-Africa summit

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 …

Read More »

Uganda looks to China for development

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 …

Read More »

SGR railway project runs into more trouble

  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. …

Read More »

Nigeria, China in currency swap

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 …

Read More »

Knife attacker kills nine children in China

Beijing, China | AFP | A knife-wielding man with a grudge killed nine middle school children and injured at least 10 others as they returned home in northern China on Friday, authorities said, in one of the deadliest such rampages in the country in recent years. The 28-year-old suspect was …

Read More »

World Bank shareholders approve $13 bln capital increase

Washington, United States | AFP | World Bank shareholders approved a “historic” increase in the bank’s lending capacity Saturday after the United States backed a reform package that curbs loans and charges more for higher income countries like China. World Bank President Jim Yong Kim said neither China nor any …

Read More »