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Ramaphosa calls for enhanced trade and investment at South Africa-China Business Forum

Ramaphosa calls for enhanced trade and investment at South Africa-China Business Forum

IN a powerful address at the South Africa-China Business Forum on the sidelines of the 2024 Forum on China-Africa Cooperation (FOCAC), South African President Cyril Ramaphosa underscored the need for a deepening of the trade and investment relationship between South Africa and China.  The Forum, taking place during Ramaphosa's state visit to China, served as a platform for strengthening economic ties between the two nations, with a particular focus on shifting the structure of their trade profile and enhancing collaborative efforts in key sectors. "South Africa and China have vibrant, diverse, and growing economies, with a wealth of opportunities for…
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Saudi Arabia fuels sports diplomacy to cement and expand economic ties with Africa

Saudi Arabia fuels sports diplomacy to cement and expand economic ties with Africa

SAUDI Arabia is intensifying sports partnerships with Africa to explore new opportunities beyond oil. This strategy highlights Africa's rich sporting heritage and its growing economic significance on the global stage. Recently, Patrice Motsepe, the president of the Confédération Africaine de Football, and Turki bin Abdulmohsen Alalshikh, the chairman of the General Entertainment Authority (GEA), announced that Riyadh, Saudi Arabia, will host the TotalEnergies CAF Super Cup Final 2024. According to Motsepe, “the partnership between CAF and Saudi Arabia is based on the excellent relationship and mutual commitment of both the parties.” The TotalEnergies CAF Super Cup Final 2024 will feature…
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Italy’s Meloni pledges new partnership with Africa, funds limited

Italy’s Meloni pledges new partnership with Africa, funds limited

ITALIAN Prime Minister Giorgia Meloni hailed a new partnership with Africa, unveiling a long-awaited plan aimed at boosting economic ties, creating an energy hub for Europe and curbing immigration. Hosting a one-day summit attended by more than two dozen African leaders and European Union officials, Meloni outlined a series of initiatives, pledging an initial 5.5 billion euros ($5.95 billion), including state guarantees. Meloni said the summit had been a success that had produced many areas of potential cooperation, particularly concerning energy. "We are only at the beginning, there is a very long road ahead of us. This day is a restart,"…
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