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Tag Archives: Investment

500.com Limited Announces Strategic Investment in Qufan

500.com Limited (NYSE: WBAI) (“500.com” or the “Company”), a leading online sports lottery service provider in China, today announced that it has agreed to invest in Qufan Internet Technology Inc. and Shenzhen Qufan Internet Technology Co., Ltd. (together “Qufan”), an operator of mobile social poker games. 500.com is investing in ordinary shares representing 51.0% of equity interest in each of …

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President Zuma arrives in China for Investing in Africa Forum

President Jacob Zuma and his delegates arrived at Guangdong Province, People’s Republic of China on Monday awaiting the second Investing in Africa Forum (IFA) set to be held on Wednesday and Thursday this week. The IAF set to take place this week was introduced thanks to a collaboration between the China Development Bank and the Chinese Government in 2015. The …

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Why Tanzania is the perfect place for Chinese investment, Explains Prime Minister

On Wednesday Tanzanian Prime Minister, Kassim Majaliwa took a trip to Tooku Garments Company Limited, to assess the company’s home ground. The company is based at Benjamin William Mkapa special economic zone in Dar es Salaam. During his visit the Prime Minister made some remarks regarding the encouragement of more Chinese enterprises to invest and set up themselves up in …

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Kenya-China joint Sh4 billion partnership

The Government of Kenya and China Road & Bridges Corporations (CRBC) and China Communications and Construction Company (CCCC) have combined a sum of Sh2 billion for the manufacturing of a modern railway training school and a brand new engineering school. The project comes as Kenya prepares for the launch of the Sh327 billion Standard Gauge Railway (SGR) next year. The …

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China’s ‘10 major plans’ project indicates global investment for Africa

The China-Africa summit saw China’s President, Xi Jinping reveal ‘10 major plans’ to enhance the already established bilateral relations and close friendship China have with Africa. Not only was this enhancement a milestone for the pair but it was also a clear indicator that investments in the continent are becoming frequently more appealing. Sindiso Ngwenya, Secretary General of the Common …

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Nigeria: $32-Billion-dollar investment generated in 15 years

During the ICT Export Industrial Forum coordinated by Afritex Initiative some interesting statistics and revelations aroused from government officials. The event had a motif of ‘Embracing ICT Export as an Alternative Means to Diversify the Non-Oil Industrial Sector.’ Vice President of Nigeria, Yemi Osinbajo spoke about the reality of the ever growing ICT sector in Nigeria and its incredible impact …

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BRICS To Issue Green Bonds

The New Development Bank (NDB), established by the BRICS group of emerging nations, plans to sell 3 billion yuan ($448.37 million) of yuan-denominated, green bonds in China’s interbank market. The BRICS – Brazil, Russia, India, China and South Africa – officially grouped together in 2009 to press for a bigger say in the global financial matters, and the NDB, headquartered …

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30 Chinese investors pitching for investment opportunities in Uganda

Chinese province of Hunan are currently pitching for investment opportunities in Uganda. Board member at Uganda Investment Authority (UIA) George Piwang Jalobo, spoke positively of the potential opportunities that could arise between the business negation. George Piwang Jalobo stated that “Hunan Province is known for its successful science and technology innovation yet it shares so many characteristics with Uganda. A …

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Miami Realtors, South Florida Groups Welcome Chinese Trade and Investment

The MIAMI Association of REALTORS® (MIAMI) is working along with other local groups to increase Chinese trade, investment and consumers in South Florida. MIAMI CEO Teresa King Kinney will be participating and presenting at the 2016 Asian Real Estate Association of America’s China North America Global Summit on June 15-25, 2016 at Chengdu, Xi’an, Changzhou and Shanghai. MIAMI — The …

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Netafim™ Takes Major Step in Increasing Investment in China

Global smart irrigation solutions leader opens new manufacturing plant to meet growing demand for water-saving solutions Netafim, the global leader in smart irrigation solutions for a sustainable future, recently inaugurated its first production plant in China. Israel’s Ambassador to China Matan Vilnai, Ningxia Vice Governor Zeng Yichun, and Director of the Ningxia Water Bureau Wu Hongxiang were among those attending …

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