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Chinese Involved In All Of Africa’s Ivory Smuggling: Report

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AFRICANGLOBE - Chinese traffickers are present in virtually every single African state and operate at nearly every point along the illegal ivory smuggling chain,”

Nigeria Converting Billions From Us Dollar to Chinese Yuan

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Nigeria's central bank will convert 10% of its $33-billion in foreign reserves to the Chinese yuan, as trade between the two countries continues to grow. We asked Thabo Ncala, co-portfolio manager at Stanlib's Africa Fund whether the growing support for the yuan indicates waning confidence in the dollar.

Sub-Saharan Africa Shows Robust Growth

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The international ratings agency, Fitch Ratings, said that Africa's resilience to the global economic crisis was largely due to domestic factors such as a strong pre-crisis growth, economic liberalisation and strengthening of public investment.
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