Category archives for: Investing

US accusations sour grapes as China expands ties with Africa

Djibouti President Ismaïl Omar Guelleh with Chinese counterpart Xi Jinping

HUANG ZHANG & SAID ABOUBAKER recently in Beijing, China BEIJING, (CAJ News) – ALLEGATIONS against China, raised mainly by the United States after the Asian powerhouse solidified its relations with Africa, are seen as reflecting the panic mode gripping Washington as it loses grip on the continent to its economic rival. A litany of allegations […]

Lack of trust over Angola anti-graft crusade

Angola President João Lourenço

from PEDRO AGOSTO in Luanda, Angola LUANDA, (CAJ News) – THE appointment of prominent individuals tainted by corruption and mismanagement allegations into important government positions has cast a shadow over the sincerity of President João Lourenço to fight entrenched corruption in Angola. According to critics, the touted anti-graft stance is more indicative of concerted attempts […]

Buyanga to establish investment fund in Zimbabwe

Frank Buyanga at Zimbabwe State House at the swearing in of Zimbabwe Vice Presidents Constantino Chiwenga and Kembo Mohadi

by SAVIOUS KWINIKA  JOHANNESBURG, (CAJ News) – SOUTH African-based businessman Frank Buyanga, plans to establish Sovereign Wealth Fund (SWF) to empower youth in his homeland Zimbabwe. The entrepreneur said this was in response to calls by the new administration of President Emmerson Mnangagwa, which desperately needs investment to revive its comatose economy ruined by years […]

UK aims to be biggest G7 investor in Africa

UK Trade Minister, George Hollingbery

From DION HENRICK in Cape Town CAPE TOWN, (CAJ News) – THE United Kingdom (UK) has set ambitions to be the largest G7 investor in Africa by 2022. Prime Minister Theresa May announced the plan as part of a visit to promote economic ties with the continent. The ambition was announced alongside a range of measures […]

Zimbabwe reveals strategy to escape US sanctions

zim flag

from ALFRED SHILONGO in Windhoek, Namibia WINDHOEK, (CAJ News) – ZIMBABWE is to intensify cooperation with regional, continental and other friendly nations to evade the impact of sanctions recently imposed by the United States (US). President-elect, Emmerson Mnangagwa, confirmed the plans at the just-ended Southern African Development Community (SADC) conference in Windhoek, Namibia. He said […]

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