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Sonangol And China Development Bank Sign Important Financing Agreement

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AFRICANGLOBE - Following a meeting in Beijing with Zheng Zhijie, the President of China Development Bank, the Chairman of Sonangol EP, Francisco de Lemos...

China’s Sinopec Threatens to Abandon $700m Ghanaian Gas Project

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AFRICANGLOBE - Chinese firm, Sinopec International Petroleum Service Corporation is threatening to abandon works on Ghana’s Gas infrastructure due to the country’s inability to make a refund to it.

China Calculates its Interest in Africa

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At the 19-20 July Forum on China-Africa Cooperation in Beijing, the Chinese government pledged $20bn in new loans over the next three-year period. The government...

Chinese Credit to Finance Ghana's Infrastucture Upgrade

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Ghana's Opposition New Patriotic Party (NPP) members of parliament were up in arms when the governing National Democratic Congress (NDC) used its slim parliamentary majority to push through approval of a US$3 billion credit line from the China Development Bank
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