Africa: China Affirms Commitment to Support Africa’s Modernization, Development Journey

Africa: China Affirms Commitment to Support Africa’s Modernization, Development Journey

Addis Ababa — No matter how the international landscape might change, China will always stand firmly with Africa, Ambassador Jiang Feng, Head of the Chinese Mission to the African Union (AU), reaffirmed. In an exclusive interview with ENA, Ambassador Jiang Feng, Head of the Chinese Mission to the African Union (AU), reaffirmed China’s steadfast commitment…

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Africa: China Affirms Commitment to Support Africa’s Modernization, Development Journey

Africa: Fitch Affirms South Africa’s BB – Rating, Maintains Stable Outlook

Government has welcomed Fitch’s decision to affirm South Africa’s long-term foreign and local currency debt ratings at “BB-” and maintain the stable outlook. According to Fitch, South Africa’s credit rating is constrained by several factors, including low real gross domestic product (GDP) growth, high poverty and inequality levels, a high and rising government debt-to-GDP ratio,…

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Africa: China Affirms Commitment to Support Africa’s Modernization, Development Journey

Africa: Egypt-Sudan ‘2+2’ Meeting Affirms Indivisible Water Security

The consultative “2+2” mechanism meeting of the foreign and irrigation ministers of Egypt and Sudan reaffirmed that the water security of both countries is indivisible, reiterating their outright rejection of any unilateral measures in the Eastern Nile Basin that could undermine their water interests. In a joint statement following the meeting, held on Wednesday 3,September…

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