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Finance

Congo wants Chinese investment in central Africa
Brazzaville, Congo - The Chinese Council for the Promotion of the South-South Cooperation has launched a new wave to explore the French-speaking western African markets in Cameroon, Cote D'Ivoire and Congo (Brazzaville) by leading a 30-odd member delegation of entrepreneurs to visit the countries.
2017-09-26 in Finance
Algeria to accelerate process of settling transactions with China's yuan
Algeria is speeding up the process of its transaction settlement with China's currency yuan, Algerian Industry and Mines Minister Abdeslam Bouchouareb said on Sunday in Algiers.
2016-10-17 in Finance
Seven things you need to know about yuan's inclusion in SDR basket
Chinese yuan or renminbi (RMB) has been included into the basket of special drawing right (SDR) of the International Monetary Fund (IMF) since Oct 1, marking a milestone in the internationalization of the RMB. Here are seven things you need to know about the addition of RMB to the SDR.
2016-10-11 in Finance
News Analysis: China's yuan global push to facilitate Chinese investments in Egypt: experts
The Chinese yuan's recent inclusion in the International Monetary Fund (IMF)'s Special Drawing Rights (SDR) basket is expected to facilitate investments in Egypt, said Egyptian experts.
2016-10-09 in Finance
Zimbabwe scraps double taxation with China to boost cooperation
The Zimbabwean government enacted a law last week to remove double taxation for individuals and firms doing business between Zimbabwe and China to boost economic cooperation between the two nations.
2016-09-27 in Finance
Kenyan bank enhances yuan trading capacity to meet growing market demand
Kenya's CFC Stanbic Bank plans to expand its trading facility for the yuan in order to meet the growing demand for the Chinese currency.
2016-08-15 in Finance
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