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China and Africa forge new partnership to boost development, modernization

China and Africa forge new partnership to boost development, modernization

IN a landmark move that underscores the shared values and mutual desire to improve lives across the world's most populous country and largest continent, China and Africa have announced a groundbreaking deal aimed at fostering development and modernization. Chinese President Xi Jinping, addressing delegates from over 50 African nations at the Forum on China-Africa Cooperation (FOCAC) Summit in Beijing, unveiled an ambitious plan to inject nearly $51 billion into African economies over the next three years. This financial commitment is part of a broader strategy to deepen cooperation between China and Africa in key areas such as industry, agriculture, infrastructure,…
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Putin and Xi pledge a new era and condemn the United States

Putin and Xi pledge a new era and condemn the United States

CHINA'S Xi Jinping and Russia's Vladimir Putin pledged a "new era" of partnership between the two most powerful rivals of the United States, which they cast as an aggressive Cold War hegemon sowing chaos across the world. Xi greeted Putin on a red carpet outside the Great Hall of the People in Beijing, where they were hailed by marching People's Liberation Army soldiers, a 21-gun salute on Tiananmen Square and children waving the flags of China and Russia. China and Russia declared a "no limits" partnership in February 2022 when Putin visited Beijing just days before he sent tens of…
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Putin and Xi pledge a new era and condemn the United States

Putin and Xi pledge a new era and condemn the United States

CHINA'S Xi Jinping and Russia's Vladimir Putin pledged a "new era" of a partnership between the two most powerful rivals of the United States which they cast as an aggressive Cold War hegemon that was sowing chaos across the world. Xi greeted Putin on a red carpet outside the Great Hall of the People in Beijing, where they were hailed by marching People's Liberation Army soldiers, a 21-gun salute on Tiananmen Square and children waving the flags of China and Russia. China and Russia declared a "no limits" partnership in February 2022 when Putin visited Beijing just days before he…
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Nigeria’s Lagos gets $1.35 bln deal with Afrexim, Access on investments

Nigeria’s Lagos gets $1.35 bln deal with Afrexim, Access on investments

NIGERIA'S Lagos state has secured a partnership with African Export-Import Bank and Access Bank for an investment of $1.35 billion for infrastructure projects, its governor Babajide Sanwo-Olu said. Sanwo-Olu said the investment will be used to develop a bridge project, a creek project, and expand its light rail project in Lagos, the largest city in sub-Saharan Africa, with an estimated 20 million population. Lagos state last year shortlisted a consortium led by Portugal's builder Mota-Engil and two Chinese ventures to build a $2.5 billion bridge that is expected to relieve severe congestion in the mega-city. The Fourth Mainland Bridge will be…
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Putin to visit China to deepen ‘no limits’ partnership with Xi

Putin to visit China to deepen ‘no limits’ partnership with Xi

RUSSIAN President Vladimir Putin will meet Xi Jinping in China this week in a bid to deepen a partnership forged between the United States' two biggest strategic competitors. Putin will attend the Belt and Road Forum in Beijing on October 17-18, his first trip outside the former Soviet Union since the Hague-based International Criminal Court issued a warrant for him in March over the deportation of children from Ukraine. China and Russia declared a "no limits" partnership in February 2022 when Putin visited Beijing just days before he sent tens of thousands of troops into Ukraine, triggering the deadliest land war in…
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Africa to get a new US$1 billion spaceport in Djibouti

Africa to get a new US$1 billion spaceport in Djibouti

BIRD STORY AGENCY AFRICA could soon get a new spaceport after Djibouti signed a partnership deal with Hong Kong Aerospace Technology to build a facility to launch satellites and rockets in the northern Obock region. According to the preliminary deal, the Djibouti government will "provide the necessary land (minimum 10 square kilometres and with a term of not less than 35 years) and all the necessary assistance to build and operate the Djiboutian Spaceport." The US$1 billion spaceport project will also involve the construction of a port facility, a power grid and a highway to ensure the reliable transportation of…
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LaLiga signs major partnership to develop football in KwaZulu-Natal

LaLiga signs major partnership to develop football in KwaZulu-Natal

LALIGA and the KwaZulu-Natal Department of Sport, Arts and Culture, in South Africa, have partnered on a unique football development programme which will uplift the skills of hundreds of young boys and girls footballers in the province. The year-long plan will for the first time see two LaLiga Camps organised in the KwaZulu-Natal Province, for 100 boys and girls aged from under 10 to under 18, as well as 50 of the province’s amateur and professional coaches.  LaLiga has reserved the right to open another 50 spots to ensure players from different disadvantaged backgrounds are given the opportunity to participate…
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