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China-Africa Forum on Cooperation

South African Rand

South Africa in first recession since 2009

For the first time since 2009, South Africa entered recession in the second quarter of the year, data showed yesterday, in a stinging blow to President Cyril Ramaphosa’s efforts to revive the economy after a decade of stagnation.
Xu Jinghu

Official: China’s funding is helping Africa to develop, not stack up debt

China is helping Africa develop, not pile up debt, a top Chinese official said on Tuesday, as the government pushes back against criticism it is loading the continent with an unsustainable burden during a major summit in Beijing.

Recent Stories

Nigeria’s downstream sector records $56 billion revenue yearly

Nigeria’s downstream sector records a yearly income of 56 billion dollars, Mr Abayomi Awobokun, Chief Executive Officer, Enyo Retail and Supply Limited, has said.
Arsene Wenger

David Seaman: Arsene Wenger would be ‘great’ as Chelsea boss

Former Arsenal goalkeeper David Seaman has suggested Arsene Wenger could be the ideal replacement for Maurizio Sarri at Chelsea.
Beni Lar

Beni Lar: My constituency under siege

A member of the National Assembly representing Langtang South/Langtang North Federal Constituency of Plateau State, Hon Beni Lar, has cried out that her constituency is under siege of political thugs ahead of the rescheduled presidential and National Assembly elections holding on Saturday.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

Kailani Muhammad: Atiku Abubakar is desperate to be president

A chieftain of the ruling All Progressives Congress (APC), and strong ally of President Muhammadu Buhari, Engr. Kailani Muhammad, has said that, the presidential candidate of the People’s Democratic Party (PDP), Alhaji Atiku Abubakar, is desperate to be president of Nigeria.

Suspected herdsmen kill 16, injure two in Benue

Suspected herdsmen on Wednesday killed 16 persons and injured two others during an invasion of Ebete community in Usha council ward of Agatu Local Government Area of Benue State.