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Tag Archives: China

Construction of $200M gold refinery starts in Busia

  Busia, Uganda | THE INDEPENDENT | Chinese firm Wagagai gold mining company limited has embarked on the construction of a gold refinery in Busia district. Valued at $200M, the gold refinery will seat on 300 acres of land covering Alupe, Akipenet, Amagoro and Amonikakine villages in Buteba Sub-county. Speaking …

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Chinese delay FID on Lake Albert oil projects

Hoima, Uganda | THE INDEPENDENT | Totalenergies Uganda Deputy Gereral Manager, Mariam Nampeera Mbowa .says its Joint Venture partner CNOOC is holding the announcement of the Final Investment Decision on the Lake Albert Oil Development project. “I can confirm that the board of Total took FID on the Ugandan project …

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Africa’s free trade area boosts China

China is positioned to gain from significant constraints to accelerating and diversification of intra-Africa trade COMMENT | JONATHAN MUNEMO | The African Continental Free Trade Area (AfCFTA) intends to promote regional trade integration in Africa, which can play an important role in accelerating sustained growth and reducing poverty on the …

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China’s presence in Africa

Beijing’s outreach is largely driven by the desire for support on the international stage from the continent’s 54 countries | THIERRY PAIRAULT | For all the talk of China’s growing presence in Africa, its economic engagement is surprisingly limited. In 2020, Africa accounted for 4 percent of China’s trade with …

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‘U.S, Europe going separate ways’

  London, UK | XINHUA |  The United States and Europe are going separate ways as U.S. President Joe Biden has established a pattern of ignoring the opinions of the European allies since assuming office eight months ago, the Financial Times said in an opinion article. The differences between the …

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The COVID-19 virus origin

  American Intelligence to release report amid overshadowing rivalry with China Kampala, Uganda | RONALD MUSOKE | Seventeen months since the UN World Health Organisation(WHO) declared COVID-19 a global pandemic, the world is waiting anxiously for a U.S Intelligence community report on the origin of the virus. The report is …

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