Musicians perform during the Africa’s Business Heroes competition in Kigali, Rwanda on Saturday. Photo: Handout

    China-Africa partnership leaps into the future as Beijing expands market access: envoy

    The Chinese ambassador to Rwanda said on Friday that China-Africa cooperation had expanded into forward-looking sectors such as artificial intelligence, the digital economy, green energy, fintech and sustainable development. While attending the Seventh Africa’s Business Heroes Summit held in Kigali, Rwanda, Gao Wenqi thanked entrepreneurs from China and African nations for expanding cooperation into sectors…

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    Washington boycotted last weekend’s G20 summit in Johannesburg. Photo: Kyodo

      China set to benefit as South Africa looks to diversify away from US

      South Africa is looking to new export markets in Asia – particularly China – and Europe to diversify away from the United States, as its relations with Washington rapidly deteriorate. America boycotted last weekend’s Group of 20 summit in Johannesburg after Washington accused Pretoria of persecuting Afrikaner farmers, labelling the situation “white genocide” – a…

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      China’s power equipment firms ride AI-driven boom amid demand from US, emerging markets

      China’s power equipment firms ride AI-driven boom amid demand from US, emerging markets

      The race to develop artificial intelligence has pushed governments and technology giants to build new electricity plants and upgrade their decades-old grid networks, creating significant opportunities for Chinese power equipment companies, according to analysts. Chinese firms have been benefiting from the spillover of a US order boom, which was driven by US President Donald Trump’s…

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