Mukwandi Chibesakunda Chief Executive Officer, ZANACO, Zambia

Zambian bank hails Chinese investment contribution to economic development

A Zambian bank has commended the contribution of Chinese investment and businesses to the country’s economic development. Zambia National Commercial Bank (Zanaco) PLC said investment figures show that Chinese investment and businesses were playing a vital role in the country’s economy, contributing significantly to growth, job creation and infrastructure development. Read more

China stands ‘shoulder to shoulder’ with Africa and supports its chosen development path

China stands ‘shoulder to shoulder’ with Africa and supports its chosen development path: Wang Yi

Africa and China have fought “shoulder to shoulder” against imperialism and colonialism, Chinese Foreign Minister Wang Yi said recently, as he pledged Beijing’s continued support for African development. Wang said Africa should not be marginalised and urged “all sides” of the global community to support the continent with “real actions” Read more