Search results “Africa trading partners”
Top 5 Chinese Trading Partners
China has overtaken the United States in 2013 to become the world’s largest trading nation. Which countries are China's top 5 trading partners? You would never guess right.
Views: 11599 China Matters
EU and South Africa Important Trading Partners - Part 1
(www.abndigital.com) South Africa and the European Union concluded their discussions following the recent SA - EU summit Trade and Industry minister Rob Davis saying the EU is South Africa's most important trading partner in terms of the value of bilateral trade and in terms of the composition of South Africa's export basket to the EU, which comprises largely of value added products. The gathering also came amid reports that the EU expressed unhappiness over Davies' decision to scrap bilateral trade agreements.
Views: 273 CNBCAfrica
EU and South Africa Important Trading Partners - Part 2
(www.abndigital.com) South Africa and the European Union concluded their discussions following the recent SA - EU summit Trade and Industry minister Rob Davis saying the EU is South Africa's most important trading partner in terms of the value of bilateral trade and in terms of the composition of South Africa's export basket to the EU, which comprises largely of value added products. The gathering also came amid reports that the EU expressed unhappiness over Davies' decision to scrap bilateral trade agreements.
Views: 179 CNBCAfrica
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Views: 5119833 Lakshya TV
China Is Now Africa's Largest Trading Partner
China's changing foreign policy especially in Africa has been the subject of controversy in the past few years. Beijing has been accused by some western governments of plundering the continent's resources for its own growth. But as Kofa Mrenje reports, some experts dispute that version of events.
Views: 600 CGTN Africa
China's African Trading Partners
China's African Trading Partners
Views: 300 bonnetwork
Nativeartefacts.com Ancient Trading Partners China And Africa
Nativeartefacts.com Ancient Trading Partners China And Africa
Views: 691 nativeartefacts
Figure of the week: Africa’s new trading partners
Figure of the week: Africa’s new trading partners This week, U.S. Secretary of State Rex Tillerson makes his first official visit to Africa, meeting with leaders in Chad, Djibouti, Ethiopia, Kenya, and Nigeria. According to State Department officials, Tillerson will be looking for ways to better position the U.S. to more effectively support economic development across the continent. Economic development and trade are important parts of the United States relationship with sub-Saharan Africa through programs such as African Growth and Opportunity...
Views: 45 Breaking News
Ali-Baba partners with Rwanda to launch Electronic World Trade Platform
China's e-commerce giant Alibaba and the government of Rwanda launched Alibaba's Electronic World Trade Platform (eWTP), making Rwanda the first African country that launches this platform that's expected to boost the country's trade with China. On this episode of Doing Business In Rwanda we pick different stakeholders' minds on this. https://www.cnbcafrica.com/videos/
Views: 215 CNBCAfrica
Nigeria Rated As The China's Biggest Trading Partner In Africa
Nigeria is one of China’s biggest trading partner in Africa with a trade volume of about 16 billion dollars. The Director political section, Embassy of the Peoples Republic of China, Mr. Guanda Jang said this during an interactive session with the media in Abuja.
Views: 734 NTA News
Top 10 Infrastructure Projects In Africa Funded By China
https://www.youtube.com/c/FailLIfe Over the last decade, China has risen to become the single largest trade partner for many African countries. It has also become a major source of financial support for various development projects being undertaken on the continent.
Views: 20932 Awesome
Zim and SA biggest trade partners, have a lot to discuss
Subscribe to eNCA for latest news. No Fear. No Favour: http://bit.ly/eNCAnewsConnect with eNCA now to follow top stories and have your say: 8 April 2015 - Mutual trade opportunities are expected to top the agenda of talks between government and Zimbabwe this week. The country's one of South Africa's key trade partners and talks come as both countries look to boost their economies. http://www.enca.com https://www.facebook.com/eNCAnews https://twitter.com/eNCAnews
Views: 295 eNCA
China has been Africa’s largest trading partner for 9 consecutive years
Views: 0 Dugdugee News
China strengthens ties and trade with Africa
Within a couple of years, China is expected to surpass the U.S. as Africa\'s primary trading partner -- projecting a trading relationship of $100 billion a year.
Views: 17333 worldfocusonline
5 African Countries That Have Fallen into China's Debt Trap
SUPPORT ME on 👉 (https://www.paypal.me/africanInsider) This past week President Xi Jinping hosted high-level meeting of African leaders and promised no strings attached to more financing. SUBSCRIBE -- https://goo.gl/jYw6so CHINA is Africa's largest trading partner and has already spent tens of billions of dollars in investment and loans - with the promise of much more to come. From roads and railways to ports, the Chinese government is backing large-scale projects across Africa as part of its so-called Belt and Road initiative. The leaders of more than 50 African countries have been in Beijing for a two-day summit. China's President Xi Jinping offered them $60bn in new financing deals. But what are the long-term financial risks? DEBT TRAP So far some countries are beginning to find it hard to repay LOANS that they applied from China.A big chunk of these LOANS is usually stolen by corrupt government officials who take advantage of weaker institutions in most African countries. KENYA Kenya has raised tax on goods to be able to repay some of the loans that have matured. This has led to high rise in cost of living to unbearable levels. Another good example is Djibouti and Ethiopia who are coming to terms with having to repay DEBTS owed to China. LEVERAGE China is using this debts as a leverage to take control of the relevant countries' resources and economy. ............................ Algeria, Angola,Benin,Botswana, Burkina Faso, Burundi, Cabo Verde,Cameroon,Central African Republic (CAR), Chad, Comoros,Democratic Republic of the Congo,Republic of the Congo,Cote d'Ivoire, Djibouti, Egypt,Equatorial Guinea, Eritrea, Eswatini (formerly Swaziland), Ethiopia,Gabon,Gambia,Ghana,Guinea,Guinea-Bissau,Kenya,Lesotho,Liberia,Libya,Madagascar, Malawi, Mali, Mauritania, Mauritius,Morocco,Mozambique,Namibia,Niger,Nigeria, Rwanda, Sao Tome and Principe, Senegal,Seychelles,Sierra Leone,Somalia,South Africa,South Sudan, Sudan,Tanzania,Togo,Tunisia,Uganda,Zambia,Zimbabwe
Views: 75963 African Insider
Africa Inc: Exploring Africa-China trade ties
China is both Africa’s single largest bilateral investor and largest trading partner. But while the nation's investment ambitions could be transformative for this continent, is Africa leveraging enough off Chinese interest for its own sustainable development? Greg Mills, director at the Brenthurst Foundation and Martyn Davies of Deloitte Frontier share their perspectives, this week, on Africa Inc.
Views: 229 Business Day TV
Can the U.S. compete with China in African Trading Markets?
U.S. investment and trading in Africa is falling short to the growing power of Chinese investors. Experts examine where Americans can become more beneficial trading partners with Africa.
Impact of trade war on South Africa: Xolelwa Mlumbi
Well the markets have been on edge over the impact of the trade dispute between the US and its big trading partners. And South Africa is also being affected directly. Exporters have been affected by higher import duties on steel and aluminium entering the United States. And now the US government is mulling possible duties on vehicle and vehicle component parts. That could affect South Africa's efforts to attract the world 's top carmakers to manufacture here in South Africa and benefit from preferential access to the US market under the American law called AGOA. To discuss we're joined by the Deputy Director General of Trade and Industry, Xolelwa Mlumbi, live from our studio in Pretoria. For more news, visit: sabcnews.com
Views: 607 SABC Digital News
Generating Trade in East Africa is Win-Win for US and Africa
USAID Trade and Investment programs boost opportunities to do business in Africa—a win-win for the U.S. and our African partners. USAID supports African countries on their journey to prosperity and self-reliance—and also creates new opportunities for U.S businesses, investments, and transatlantic trade. This video shows how we are working on the ground in East Africa to create new buyers and sellers for U.S. businesses.
Views: 1249 USAID Video
South Africa - International Trade - Part 1
This is part 1. South Africa is an important trade partner. How can you learn to sell your products in South Africa?. SSFUSD in San Francisco offers courses in International Trade. Learn international business and get your export management certificate. Principles of import/export:Export Regulations & Documentation . A look at the growing South African market, see the school web site for details: Intensive 8 week courses are available, limited availability classes fill up quickly. Sign up and get your certificate. Are you ready to start to sell your product in the South African market? Watch this video from the US Commercial Service (US Dept. Commerce) and find out. Video Part 2 can be found here: http://www.youtube.com/watch?part2 South African Trade link: http://www.southafrica.info/business/trade/ Subscribe now to see more videos like this one.
Views: 1828 Emilio Milian
SA, Nigeria cement trade partnership
South Africa and Nigeria are key trading partners on the continent. Trade between the two countries grew from R174 million to R22 billion. Nigerian President Goodluck Jonathan and his South African counterpart Jacob Zuma will discuss ways to boost trade between Africa's two biggest economies during talks in Cape Town this week The two countries GDP and Income Per Capita differs a lot. South Africa grew at a rate of 2.5; meanwhile Nigeria grew at a faster rate. SA's income per Capita exceeds that of Nigeria and this is partly due to population growth. According to the World Bank, Nigeria the leading Oil producer has a larger population than South Africa. Unemployment figures have increased in Nigeria, from 23.9% in 2011 from 21.0% in 2010 and South Africa was no different though lesser, but it increased. Though the two countries relations have improved, they none the less belong to different regional bodies. Jonathan will arrive in South Africa on Tuesday.
Views: 557 SABC Digital News
East African Countries urged to focus on Export promotion
East Africa has had millions of dollars in trade facilitation infrastructure sank into facilitates like the onestop border points. But of what significance will these funds be if they are not used to boost regional trade for instance exports? This was part of deliberations during the Stock taking Conference by Trade Mark East Africa, the implementing agency for many trade infrastructure projects in East Africa. Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda
Views: 248 NTVUganda
Bilateral trade relations between EU & South Africa
www.abndigital.com South Africa is the EU's largest trading partner in Africa. A member of the African Caribbean Pacific group of countries, South Africa is by far the strongest of sub-Saharan Africa's economies. South Africa's trade relations and development co-operation with the European Union are governed by the Trade Development and Co-operation Agreement. The Trade, Development and Co-operation Agreement have established a free trade area that covers 90% of bilateral trade between the EU and South Africa. ABN's Karima Brown chats to EU Ambassador Roeland van der Geer about the bilateral trade relations between the EU and South Africa
Views: 281 CNBCAfrica
China overtakes Canada as largest trade-partner of US
China has become the biggest trade partner of America. For the first time it has replaced Canada, according to the latest data from the US's Department of Commerce. Subscribe to us on Youtube: https://www.youtube.com/user/CCTVNEWSbeijing Download for IOS: https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download for Android: https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/cctvnewschina Twitter: https://twitter.com/CCTVNEWS Google+: https://plus.google.com/+CCTVNEWSbeijing Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 706 CGTN
South African and China relations
South Africa and China have seen relations between the two countries strengthen over the past few years. China is one of our largest trading partners, so much so they are willing to have voluntary mandarin classes in schools. Joining us in studio is Rodney Man, the ex-chairman of the Chinese Association in South Africa and he also worked in Asia as a business negotiator. He's now retired but does lecture at Wits Business School and the University of Hong Kong. For more News visit: http://www.sabc.co.za/news Follow us on Twitter: https://twitter.com/SABCNewsOnline?lang=en Like us on Facebook: https://www.facebook.com/SABCNewsOnline
Views: 2258 SABC Digital News
South Africa’s Trade Hopes with EU
Any trade disagreements between the EU and South Africa in Thursday's EU-SA Summit in South Africa will have greater consequences for all involved, including regional trade partners.
Views: 9 CNBCAfrica
Africa Can't Trust China
Africa is no stranger to exploitation. After decades of colonial rule under major Western powers, the continent was left with a legacy of harsh, imperialist rule that set it back years in modernization. As a result, it has become the focus of mountains of developmental assistance from countries hoping to foster social, institutional, and infrastructural change, totaling over 300 billion USD since 1970 alone. This assistance was often conditional, with aid dependent on a country’s human rights track record. The West however, has ceased to be Africa’s only option when it comes to aid and development. Recently, a number of African countries have become increasingly drawn to China’s “no-strings attached” development assistance and promises of growth. While these policies certainly create economic gains for Africa, the vestiges of colonialism evident in this relationship raise questions about the true cost of realizing these benefits. A Double Edged Sword? Currently the continent’s largest trading partner, China relies on African markets for a steady flow of natural resources to sustain manufacturing. The African resources China imports are varied, covering everything from oil, to iron ore, timber, and copper. In exchange for broad access to resources, China exports cheap manufactured goods back to its trading partners, builds much needed infrastructure, provides foreign direct investments, and loans out billions of dollars. In 2014 alone, the value of this trade totaled over $200 billion. Furthermore, over half of China’s foreign aid is distributed in Africa. Though advocates of this inflow of money claim it spurs development, critics of China’s policies in Africa paint a picture of trade imbalances that are handicapping the nations involved, while grossly advantaging China at the expense of the African people. These critics believe that China seeks to establish itself as a new colonial power. Infrastructure programs funded by the Chinese government, for example, are often carried out by Chinese workers. Instead of giving local companies and citizens a vital opportunity to grow experience and capital, these contracts overwhelmingly benefit Chinese corporations and bring in massive profits. The Chinese Ministry of Commerce reported $50 billion in new contracts in 2015. The following year, the China Railway Construction Corporation (CRCC) announced over $five billion in contracts within Africa. Chinese goods are also flooding African markets, overwhelming local producers with large volumes of cheap products that are difficult to compete with. Moreover, in industries that do employ African workers, companies are still not exempt from criticism. In 2011, Human Rights Watch released a scathing review of treatment of Zambian workers in Chinese owned copper mines, claiming unsafe working conditions, exploitative hours, and threats to those that posed complaints.
Views: 5679 Pharaoh Said That
Rob Davies says South Africa's trade and economic relations are changing dramatically.
Trade and Industry Minister Rob Davies says South Africa's trade and economic relations are changing dramatically. He says while the country's trade with its European trading partners is flat, it has a sharp increase in trade with fellow-members of the BRICS grouping. Brazil, Russia, India, China and South Africa fall within this trade bloc. Davies was addressing business people in Cape Town ahead of next week's BRICS summit in India.
Views: 155 SABC
Kenya’s exports and market share on a downward spiral
Kenya's manufacturing sector has been in decline for over a decade, and now it's losing market share in key East African markets. Exports to the country's biggest trading partner, Uganda, fell by 15% last year. The country's total merchandise exports shrunk by 2.3%. The World Bank says 2016's decline is the latest in long run of dismal performances. Uganda, for example, imported 25% less malt and starches from Kenya, from 2000 to 2015. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 218 CGTN Africa
What does SA and the World Export?
In this video, I look at what South Africa and other big countries Export. How have their exports changed over time and who are their biggest trade partners. Here is the link to the Site. http://atlas.cid.harvard.edu/explore/tree_map/export/deu/all/show/2014/
South African wines gaining popularity in China
China remains Africa's biggest trading partner, but the drop in commodities demand has affected the continent. But it's the quality of China's demand that's changing, and South Africa's wine industry is one sector that's benefiting from that. Sumitra Nydoo has that story.
Views: 420 CGTN Africa
Uganda loses its position as Kenya's number one trading partner
Uganda imported less from Kenya in the period January to April 2018 which pushed it too third position as a trading partner to Kenya by Pakistan and the Netherlands. Subscribe to Our Channel For more news visit http://www.ntv.co.ug Follow us on Twitter http://www.twitter.com/ntvuganda Like our Facebook page http://www.facebook.com/NTVUganda
Views: 853 NTVUganda
CHINA vs FRANCE: Battle for AFRICA? - VisualPolitik EN
Almost half of the African content used to be a French colony. Even today we can still feel the French influence on this part of the planet. French military is present in most of the African conflicts, if not all, and Paris has a strong grip on the Governments of the former colonies. Even the currency of more than 15 African countries is linked to the Euro and controlled by France. Nonetheless, despite this strong political sway, the economy is a totally different animal. After centuries of colonialism, African countries haven’t evolved. And China is the ultimate trade partner of most of the sub-Saharan countries. Yes, France is sending troops to Africa but China is sending businessmen. And they are getting a way better profit with it. In this video, we will talk about the French influence in Africa and this new political battle between China and France to take the biggest advantage of African emerging powers. Support us on Patreon: patreon.com/VisualPolitik Interesting links: Made in Africa is possible: https://www.youtube.com/watch?v=gdPZm... Pierre Moscovici against the Chinese invasion in Africa: https://www.reuters.com/article/us-fr... Textil industry in Ethiopia: https://www.bloomberg.com/news/featur... China is turning Africa into an industrial powerhouse: https://medium.com/@eolander/chinese-... And don't forget to visit our friend’s podcast, Reconsider Media: http://www.reconsidermedia.com/ Other videos from VisualPolitik: How is AFRICA escaping POVERTY: https://www.youtube.com/watch?v=_vveM22MHkE&t=63s Which countries are TAKING OFF in AFRICA: https://www.youtube.com/watch?v=NJ5j6tWPNOg&t=2s SOUTH AFRICA: can CORRUPTION sink a COUNTRY? https://www.youtube.com/watch?v=pF3UcEEUPPw
Views: 298182 VisualPolitik EN
Transport & Trade
Xtra Geography: In this lesson on Transport and Trade we consider the following: The definitions of trade, balance of payments, balance of trade, imports and exports. As well as identifying and describing positive and negative balances of trade, interpreting statistics and graphs and finally applying knowledge to trading partners of South Africa. ( E00184813 )
Views: 2053 Mindset Learn
African TFTA: A key milestone for continental integration?
The recent launch of the Tripartite Free Trade Area – which now stands as the largest FTA across Africa – ushers in a new framework for trade on the continent. This dialogue offers an opportunity for African countries and their main trading partners to better understand the new integrated environment in which these countries will operate. Venue: Room E, World Trade Organization, Rue de Lausanne 154 1202 Geneva, Switzerland Date: Thursday 29 June Time: 13:00 pm to 17:00 pm.
Views: 699 ICTSD
Jean Jacques Ekindi - Cameroon MP
Cameroon is the largest economy in central Africa and its looking to re-direct itself to more economic diversity, especially in trade. Cameroon's main trading partners include European nations like France and Belgium and African countries like Nigeria. South Africa and Cameroon have recently signed several trade agreements to strengthen their economic ties. Jean-Jacques Ekindi, is an MP in the Cameroon parliament where he has several roles. He's currently in South Africa to talk to strengthen trade ties and talk about a trade conference coming up in Douala.
Views: 1909 CNBCAfrica
Advancing East Africa’s Development Priorities through Trade
This multi-stakeholder dialogue will engage some of the region’s most influential policymakers and private sector actors and we believe that your participation and insights will help us generate a meaningful and impactful discussion on the future opportunities for deeper and wider integration as a tool for enhancing economic development and fostering sustainable development. Today, East African countries integration efforts are at a crucial juncture. The region is facing a complex web of closely interlinked and overlapping trade integration opportunities at the multilateral, regional and bilateral level, with a variety of partners. On the one hand, efforts towards increased convergence among existing regional integration process such as EAC, SADC and COMESA in the context of the TFTA and subsequently the CFTA initiative, raise significant complexities but also an enormous potential to unleash major economic gains. On the other hand, East Africa is developing significant trade and investment relationships with rapidly growing emerging economies such as India or China. The region also maintains close links with large traditional trading partners albeit through somehow more asymmetrical relations. Finally, East Africa needs to position itself vis-à-vis recent trends towards the negotiations of so-called mega-regional initiatives outside the continent such as the TPP, TTIP or RCEP. This event will provide a space for an open and interactive dialogue among key stakeholders including policymakers, experts, private sector actors and representatives from IGOs and RECs on the opportunities that enhanced trade integration, at the regional, continental, and global levels, can bring in terms of achieving of sustainable development objectives in East Africa.
Views: 183 ICTSD
China-Africa Trade Booming.
Trade between China and Africa is booming.
Views: 644 AfricatownChinatown
China's Economic Embrace of Africa: Tobias Broich
Paper: http://bit.ly/1jtSPxd Profile: http://bit.ly/1oK4IxQ This paper discusses the entry of China into the game of foreign finance in Africa. It analyses the scope, destination and sectoral distribution of Chinese financial flows and trade in comparison with Western patterns and trends of aid, foreign direct investment (FDI) and trade. China's foreign aid and manufacturing investment flow to Africa's physical infrastructure and productive sectors of agriculture and manufacturing fill the vacuum which emerged when Western financial flows shifted to other sectors and activities. In contrast, China's trade patterns with Africa highly resemble those of Africa's leading Western trading partners. Africa imports manufactured goods and exports primary goods. Differences in relative factor endowments of labour, capital and natural resources are largely responsible for the pattern of Sino-African trade.
Views: 321 UNU MERIT
Expert: South Africa unlikely to suffer from Zimbabwe's political tensions
South Africa is unlikely to suffer any fallout from the crisis in Zimbabwe. Despite growing uncertainty, experts say it is business as usual and South Africa won't feel any impact on trade or business. Zimbabwe is one of South Africa's biggest trading partners on the continent, and there's also a significant presence of South African firms in the country. CGTN's Sumitra Nydoo has more. Subscribe to us on YouTube: https://goo.gl/lP12gA Download our APP on Apple Store (iOS): https://itunes.apple.com/us/app/cctvnews-app/id922456579?l=zh&ls=1&mt=8 Download our APP on Google Play (Android): https://play.google.com/store/apps/details?id=com.imib.cctv Follow us on: Facebook: https://www.facebook.com/ChinaGlobalTVNetwork/ Instagram: https://www.instagram.com/cgtn/?hl=zh-cn Twitter: https://twitter.com/CGTNOfficial Pinterest: https://www.pinterest.com/CGTNOfficial/ Tumblr: http://cctvnews.tumblr.com/ Weibo: http://weibo.com/cctvnewsbeijing
Views: 163 CGTN
Deepening African Integration: Intra-Africa Trade for Development and Poverty Reduction
Trade flourishes when countries produce what their trading partners are eager to buy. With a few exceptions, this is not yet the case with Africa. It produces what it doesn’t consume and consumes what it doesn’t produce. It’s a weakness that often frustrates policy makers; it complicates regional integration and is a primary reason for the low intra-regional trade, which is between 10% and 12% of Africa’s total trade. In this interview, Ambassador Darlington Mwape, Senior Fellow, International Centre for Trade & Sustainable Development talks on Intra-African trade and how the continental trade agreement will benefit Africa.
Family photo of BRICS leaders meeting in South Africa
(26 Jul 2018) Leaders of the BRICS emerging economies - Brazil, China, India, Russia and South Africa - arrived for the second day of the annual summit on Thursday, held this year in Johannesburg. Chinese President Xi Jinping, Russian President Vladimir Putin, Indian Prime Minister Narendra Modi, South African President Cyril Ramaphosa and Brazilian President Michel Temer posed for a 'family photo' ahead of Thursday's talks. The tariffs, and tit-for-tat taxes by US trading partners, are fueling global worry over economic growth, particularly in developing nations that are heavily reliant on exports. The trade disputes with Washington could also provide focus for the globe-spanning BRICS group that has lacked the clout of other multilateral institutions that guide global trade. Its members — Brazil, Russia, India, China and South Africa — are home to 3 billion people, or roughly 40 percent of the world's population, with political systems ranging from democratic to authoritarian. China and India, the two most populous countries, have a border dispute. South Africa has expressed concern about a trade imbalance with China, its biggest trading partner. Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter: https://twitter.com/AP_Archive Facebook: https://www.facebook.com/APArchives Google+: https://plus.google.com/b/102011028589719587178/+APArchive​ Tumblr: https://aparchives.tumblr.com/​​ Instagram: https://www.instagram.com/APNews/ You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/21f53186608a18107459103bcf883d84
Views: 158 AP Archive
Elevate Export Finance - Providing Financing Solutions for Equipment from Canadian Suppliers
The Canadian Council on Africa (CCAfrica) and Elevate Export Finance Corp. Announce Strategic Partnership PROVIDING FINANCING SOLUTIONS FOR AFRICAN BUYERS OF EQUIPMENT FROM CANADIAN SUPPLIERS! The Canadian Council on Africa “CCAfrica” and Elevate Export Finance Cor. “Elevate” are pleased to announce their strategic partnership. The partnership will enhance the promotion of trade between the continent of Africa and Canada. http://ccafrica.ca/new-partnership-with-elevate-export-finance/ Elevate, an established partner of the Canadian government’s Export Development Canada (EDC) will offer African Companies Competitive rates, medium-term loans of up to $10 million USD via a streamlined process and supported by Elevate’s private lending network. Ed Walsh President of Elevate had this to say, “Partnering with CCAfrica was a very easy decision. Our focus of helping Canadian manufacturers grow their export business will be enhanced in working with Nola and the CCAfrica team. Their network and connections married with our great financing product will allow trade to flourish between Canada and Africa.” Canadian exporters are open to looking at new markets given all the uncertainty with their existing trading partners. Africa represents a significant growth opportunity for many Canadian companies. Nola Kianza, President and CEO of CCAfrica commented, “We have known for a long-time the opportunity that exists in Africa and we believe that introducing the right the right type of financing will accelerate trade between Africa and Canada. African companies will benefit from the superior technology and expertise that exists with Canadian manufacturers” About CCAfrica The Canadian Council on Africa (CCAfrica) is a Not-For-Profit and a Pan-Canadian organization with offices across Canada. Our mission is to promote Investment and Economic Development between Canada and the Continent of Africa. Created in 2002, members of CCAfrica represent all the sectors fo the Canadian economies. In addition, CCAfrica has signed an agreement with the government of Canada to organize and lead the official delegation to Mining Indaba conference in Cape Town, South Africa. About Elevate Elevate, a Canadian-based lender, has partnered with Export Development Canada (EDC) and financial institutions to provide the customers of Canadian small and medium-sized businesses with structured finance solutions. We lend to foreign buyers of Canadian Exporters to help support Canadian Export Success.
Little Hope for China-US Trade Relations
After the trump administration's success in signing a new NAFTA, there is little prospect for US-China to restart as tension escalates between the trading partners. RT America’s Sara Montes De Oca reports. Economist Richard Wolff joins RT America’s Scottie Nell Hughes for analysis. Find RT America in your area: http://rt.com/where-to-watch/ Or watch us online: http://rt.com/on-air/rt-america-air/ Like us on Facebook http://www.facebook.com/RTAmerica Follow us on Twitter http://twitter.com/RT_America
Views: 87085 RT America
Germany is our second largest trading partner: Zuma
The South African president is continuing his state visit of Germany following his meetings with the German Chancellor Angela Merkel. The red carpet was rolled out for the president and his wife who received a full military guard on his arrival to the German Chancellery Office. For more News visit: http://www.sabc.co.za/news Follow us on Twitter: https://twitter.com/SABCNewsOnline?lang=en Like us on Facebook: https://www.facebook.com/SABCNewsOnline
Views: 533 SABC Digital News
The Road to Africa: Indo-Sino Perspective | Rajrishi Singhal | Zheng Bin | Rajneesh Verma
13th July, 2017 Asia has surpassed Europe as Africa’s biggest trading partner today, accounting for around 45 percent of the continent’s total trade. In particular, India and China have seen a dramatic rise in their trade with Africa since 1990s. Historically, India had an early presence in East and Southern Africa. Both Indian public and private sector companies have made significant inroads in Africa with the Oil and Natural Gas Corporation’s overseas division, ONGC Videsh (OVL), as one of the most active Indian companies in Africa. As of 2013, Africa accounted for 16 percent of India’s foreign direct investment (FDI) for a total of $13.6 billion. China, though a later entrant into the African market has made focused, strategic investments, with trade soaring to more than $200 billion in the past few years. China has also made investments in long term projects like infrastructure and ports in Africa. With natural resources as China and India's key interests, can African economies, still in need for economic impetus, exploit foreign investments as a stimulus for the continent’s economic and social prosperity? Join our speakers, Zheng Bin, CEO, Industrial and Commercial Bank of China Limited India; Rajrishi Singhal, columnist, Livemint; and Rajneesh Verma, former assistant professor, Jilin University, as they discuss the intricacies of the economic relationships and how the countries stand to benefit from the alliances. About the Speakers Zheng Bin, CFA, is the Chief Executive Officer of Industrial and Commercial Bank of China, Mumbai Branch. He is also the Chairman, Mumbai Chinese Enterprises Association. Mr. Zheng joined the Mumbai Branch in October of the year 2016. Prior to joining the Branch, Zheng was appointed as General Manager of VIP Relations, Industrial and Commercial Bank of China, Hangzhou Branch since November 2013. Previously he started his career from Office of the Board of Directors of Industrial and Commercial Bank of China as Manager, then appointed as Senior Manager of Corporate Strategy and Investor Relations Department of Industrial and Commercial Bank of China in 2007. Subsequently from December 2010 to November 2013. Rajrishi Singhal has been a senior journalist, banker, and a public policy analyst. He was Executive Editor at The Economic Times, Head (Policy, Research & Strategy) at a private sector bank, and Senior Geoeconomics Fellow at a Mumbai-based think tank. Rajrishi has served on two government committees appointed to re-examine policy options in areas of financial services, such as pension sector reforms. He currently writes a fortnightly column for newspaper Mint, apart from spending time on independent consultancy and policy analysis. Rajneesh Verma is the Series Editor of Routledge Series on India-China Studies. From 2014-2016, he was Assistant Professor in International Relations at the School of International and Public Affairs at Jilin University. Recently he was Visiting Fellow at the Institute for Defence Studies and Analyses, India. His research is focused on Indian foreign and security policy, China’s foreign and security policy, Sino-Indian-U.S. relations, international politics of the Asia-Pacific, India and China in Africa, and international relations theory. He is the author of India and China in Africa: A Comparative Perspective of the Oil Industry.
Views: 62 Asia Society India
Russia warns EU against controlling Africa
The foreign affairs minister of Russia, Lavrof is in Africa to seek closer economic and political ties with the continent. His visit is timely since Russia is currently suffering from sanctions applied by the European Union and the US following its involvement in Ukraine. Russia’s intends to expand its economic ties with Africa while its economy is now affected by the ongoing sanctions. Moscow has signed a mining deal with Zimbabwe, a country that openly opposes the western powers. It is now looking to develop nuclear energy projects with countries like Angola and South Africa. While meeting the chairperson of the African Union Russia warned the European Union against meddling in Africa’s affairs. Russia is openly de-campaigning the imposers of its sanctions in Africa. It has disclosed that during the Libyan crisis while it supported AU’s idea of having political dialogue, the other western countries supported the NATO bombing of Libya that ended Muamar Ghaddafi’s 41 year reign and led to a civil war. Some analysts feel that welcoming Russia now might jeopardize Africa’s relationship with the European Union. The European Union is the chief funder of the African union commission, peace operations in Africa as well as Africa’s biggest trading partner. Before now, Russia has had minimum involvement in Africa.
Views: 14486 PressTV
🇮🇳 India's rising power in Africa | Counting the Cost
In an attempt to boost trade and investment opportunities abroad, India has welcomed heads of state, policymakers, and businessmen from every country in Africa, marking the largest ever India-Africa summit. Leaders from some 54 nations descended on New Delhi this week for a summit aimed at ushering in a 'partnership of prosperity' for Africa and Africans. In contrast to the economic powerhouse China, which has been accused of exploiting the continent's vast mineral and energy resources, India positioned itself as a fairer partner to a continent tipped as the global economic growth engine of the coming decades. With an estimated population of 1.1 billion, Africa's total GDP is worth over $2.8tn and has been growing at over 5 percent every year. And with India's trade with the continent worth $71bn a year, it believes Africa will help its economy grow faster and is targeting around $90bn by the end of 2015. Razia Khan, an economist and head of Africa research at Standard Chartered Bank, joins Counting the Cost to discuss India's pragmatic approach to Africa. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter: https://twitter.com/AJEnglish Find us on Facebook: https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/
Views: 650323 Al Jazeera English

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