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Tag: China

The US Government is Investing in E-commerce Start-ups in Kenya and Uganda

The US Government is Investing in E-commerce Start-ups in Kenya and Uganda

Business, FEATURED, NEWS
Despite its ongoing struggles with poverty and epidemics, there is good news coming out of Africa these days. The US government is investing in e-commerce start-ups in Kenya and Uganda in an effort to boost self-sufficiency in those regions, according to an 11 September article in Quartz magazine. Meanwhile, China has been accelerating their investment in Africa; the China National Offshore Oil Corporation is collaborating with the French oil firm Total to sink 500 wells and build the world’s longest heated oil pipeline. Finally, struggling airlines might try to boost their business by taking advantage of the growing markets there; United Airlines announced on 8 September that they are adding service to South Africa, Nigeria and Ghana. About ResearchAndMarkets.com Research...
Clampdown: Security Forces Arrest Hong Kong Media Mogul Jimmy Lai, Vandalise Newspaper Offices

Clampdown: Security Forces Arrest Hong Kong Media Mogul Jimmy Lai, Vandalise Newspaper Offices

FEATURED, NEWS
By Our Reporter Media tycoon Jimmy Lai has been arrested under Hong Kong's national security legislation and his newspaper raided, as he was accused of "colluding with foreign powers" in the most prominent arrest since China imposed the controversial law just over a month ago. Lai's Apple Daily reported that 10 police officers arrived at the 72-year-old's home at about 7:00am (23:00 GMT on Sunday), and later began livestreaming a raid on its headquarters by scores of police who could be seen looking through piles of papers  and reporters' desks. Mark Simon, a senior executive at Lai's Next Media Group, said on Twitter that the tycoon was "being arrested for collusion with foreign powers at this time". The police confirmed the arrest of seven people aged between 39 and 72....
Banking Sector Urged To Go Digital To Build Resilience And Sustainable Growth Post COVID-19

Banking Sector Urged To Go Digital To Build Resilience And Sustainable Growth Post COVID-19

FEATURED, NEWS
By Elite Reporter Bankers from Sub Saharan Africa and China who attended the Huawei Sub-Saharan Africa Financial Services Industry Online Summit 2020, agree that digitisation of the sector will give it resilience against the current Covid-19 pandemic and enable sustained growth in the post Covid era. The pan-African conference themed “Accelerating Digital Transformation, Enable Business Growth Again” was attended by 1200 delegates from across banks, telco operators, fintech and ICT services companies.  Opening the event, Liao Yong, vice president of Huawei Southern Africa Region, said advances in ICT present unique opportunities for the banking sector, especially when almost 70% of the region’s population don’t have a bank account.  “All of these ICT advances will...
Chinese Gov’t Expels Ugandans & Other Africans, Accuses Them Of Exporting Coronavirus

Chinese Gov’t Expels Ugandans & Other Africans, Accuses Them Of Exporting Coronavirus

FEATURED, Latest News
 By Elite Reporter Government officials in China are ejecting Ugandans and all other Africans from their homes in several provinces, accusing them of having exported the deadly Coronavirus to their country.  According to news coming in, Chinese officials are ejecting Africans from homes, hotels, companies and all buildings and herding them onto streets. Africans in China, who confirmed the ejection,  said the government was employing force to eject Africans from their homes and all buildings.  Some of the Africans who have been ejected from buildings While the world has adopted various measures to combat Coronavirus, Chinese authorities are beginning to eject foreigners specifically Africans, from their homes and hotels over claims that they were importing the virus into th...
‘We Shall Fight Coronavirus Like We Fought AIDS’- President Museveni

‘We Shall Fight Coronavirus Like We Fought AIDS’- President Museveni

Health, NEWS
By Keefa Nuwahereza President Yoweri Kaguta Museveni has finally addressed Ugandans about the global threat of the COVID-19 Coronavirus, which broke out in Wuhan, China and has since spread to several countries. In a statement he issued through his social media platforms on Saturday, President Museveni urged Ugandans to take extra caution so as to avoid getting infected with Coronavirus, but assured the nation that the government shall fight the virus the way deadly Ebola and HIV/AIDS were fought. Here below is President Museveni's full statement; Fellow Citizens, People in Uganda, today I want to address you on the issue of Coronavirus. Coronavirus is real, it does not kill as much and fast like Ebola, but spreads at a very terrific rate. It undermines economies because ...
China Begins Tests On New Drug In Search For Coronavirus Cure

China Begins Tests On New Drug In Search For Coronavirus Cure

Health, NEWS
By Elite Reporter The Chinese government is set to begin human tests on a drug that it hopes would be a cure for the coronavirus. The spokesperson of a Beijing-based hospital confirmed that the tests were to see if the drug Remdesivir would be able to cure the Wuhan disease.  The Asian country's ambassador to Nigeria, Dr Zhou Pingjian, on Monday, February 3 said at least 60 Nigerians were currently living in Wuhan where the Coronavirus outbreak started and according to Times magazine, the Chinese government has begun clinical trials to test a drug for the coronavirus infection.  The international magazine reports that a new antiviral drug called Remdesivir, which is aimed at infectious diseases such as Ebola and SARS, is to be tested in Beijing-based China-Japan Frie...
Chinese Doctor Who First Detected Coronavirus Outbreak Dies After Infection

Chinese Doctor Who First Detected Coronavirus Outbreak Dies After Infection

Health, NEWS
By Elite Reporter A Chinese doctor who became a folk hero after he was taken in by authorities for warning about the dangers of the deadly new Coronavirus now spreading around the world died Friday, after becoming infected with it. Li Wenliang, a 33-year-old ophthalmologist based in Wuhan, the epicenter of the coronavirus outbreak, had captivated the country and triggered an extraordinary outpouring of emotion as he ailed. In social-media posts, many Chinese directed their frustration at government officials who many believe didn’t respond quickly enough despite clear evidence of the developing epidemic. Millions of people flocked to a live stream about Dr. Li that was run by local media outside the hospital where he was being treated. “An all-out effort to save him was unsucc...
Not Yet Uhuru As Kenya Launches Chinese-built Standard Gauge Railway

Not Yet Uhuru As Kenya Launches Chinese-built Standard Gauge Railway

FEATURED, NEWS
By Keefa Nuwahereza China has invested a lot in several African countries but has put keen interest in the Eastern African region by lending Uganda and Kenya colossal sums of money to construct the Standard Gauge Railway. Although Uganda is yet to start construction of her railway, Kenya has already completed and launched theirs. As such, Kenya on Tuesday launched the Nairobi-Naivasha Standard Gauge Railway (SGR) cargo service and an inland container depot (ICD) expected to revolutionize the transportation of bulk cargo through the country and across the East African region. The launch ceremony was graced by Kenyan President Uhuru Kenyatta and Chinese State Councilor Wang Yong. “Today, we mark the commencement of the freight train services to the Naivasha Inland Container D...
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