Afreximbank receives AAA/Stable rating from China Chengxin International Credit Rating Co.

The rating puts Afreximbank on a stronger footing as it embarks on fundraising activities in a relatively new capital market as we continue to leverage optimal financial resources into Africa

China Chengxin International Credit Rating Co., Ltd (CCXI) has assigned an ‘AAA/Stable’ rating to African Export-Import Bank (Afreximbank) (www.Afreximbank.com), recognising the Bank as a leading Multilateral Financial Institution (MFI) on the continent.  Afreximbank is the first African Multilateral Financial Institution to receive AAA rating from CCXI. In its 2024 Credit…

Alpha GRIP Management Company attracts multi billion dollar investment/finance for the $20 Billion USD Ogidigben Gas Revolution Industrial Park Project

The $20bn Ogidigben Gas project will host power plants, fertilizer, petrochemical, aluminum smelters, LNG, and methanol plants amongst others

On January 15, Li Zhenyu, President of China National Chemical Engineering International Corporation Ltd., warmly welcomed at CNCEC headquarters Hon. Joseph Tegbe, the Director General of the Nigeria-China Strategic Partnership and Mr. Sheikh Mohamed Bayorh, President, Alpha Grip Management Company (AGMC) (www.AlphaGroupUAE.com), a subsidiary of Alpha Group UAE along with…

Africa Finance Corporation (AFC) Earns Top AAAspc Rating from S&P Global (China) Ratings, Further Enhancing Capital Diversification Opportunities

The Corporation’s Basel II capital adequacy ratio stood at 34.7% as of mid-2024, well above its internal target of 30%

Africa Finance Corporation (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has received the highest issuer credit rating, an AAAspc with a stable outlook, from S&P Ratings (China) Co., Ltd. (S&P Global (China) Ratings), demonstrating AFC’s exceptional financial strength, disciplined capital management, and expanding access to diversified funding. It is the…

Africa Finance Corporation (AFC) receives AAA rating from China Chengxin, as the Corporation positions for further diversification in funding sources

The AAA rating from CCXI affirms the Corporation’s intrinsic financial strength and disciplined approach to risk management

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has received an AAA domestic credit rating with a stable outlook from China Chengxin International Credit Rating Co. Ltd (CCXI). The milestone rating enables AFC to deepen its engagement in China’s vast domestic debt capital markets. It positions the…

Ambassador Yin Chengwu met with Liberian President Boakai

Amb. Yin stated that China is willing to implement the outcomes of the meeting between the two heads of state and the Beijing Summit of the Forum on China-Africa Cooperation

On January 8th, Yin Chengwu, Chinese Ambassador to Liberia, met with H.E. Joseph Nyuma Boakai, President of the Republic of Liberia, exchanging views on China-Liberia relations. Ambassador Yin conveyed new year greetings from President Xi Jinping. Amb. Yin stated that China is willing to implement the outcomes of the meeting between the…

Ambassador Yin Chengwu met with the new Minister of Commerce and Industry,Magdalene E. Dagoseh

On January 9th, Yin Chengwu, Chinese Ambassador to Liberia, met with Magdalene E. Dagoseh, the new Minister of Commerce and Industry of Liberia. Yin congratulated Dagoseh on her new position and briefed the China-Liberia relations. Yin also expressed his willingness to actively implement the outcomes of the meeting between the two heads of state and the Beijing…

Xi Jinping Exchanges Congratulatory Messages with Botswanan President Duma Boko on the 50th Anniversary of the Establishment of Diplomatic Relations Between China and Botswana

Xi Jinping expressed his firm belief that as long as the two countries adhere to sincere friendship, solidarity and cooperation, the path of development for China-Botswana relations will surely become wider

On January 6, 2025, President Xi Jinping exchanged congratulatory messages with Botswanan President Duma Boko to celebrate the 50th anniversary of the establishment of diplomatic relations between the two countries. Xi Jinping pointed out that over the past 50 years since the establishment of diplomatic relations, no matter how the…

President Xi Jinping’s Special Envoy Hao Mingjin to Attend the Inauguration of Ghana’s President

Hao Mingjin will attend President John Dramani Mahama’s inauguration in Accra, the capital city of Ghana, on January 7

Foreign Ministry Spokesperson Guo Jiakun announces: At the invitation of the government of the Republic of Ghana, President Xi Jinping’s special envoy and Vice Chairperson of the Standing Committee of the National People’s Congress Hao Mingjin will attend President John Dramani Mahama’s inauguration in Accra, the capital city of Ghana,…

Ambassador Yin Chengwu met with Liberian Foreign Minister Nyanti

Ambassador Yin positively commented on the development of China-Liberia relations and the results of practical cooperation in 2024

On January 5th, Yin Chengwu, Chinese Ambassador to Liberia, met with H.E. Sara Beysolow Nyanti, Minister of Foreign Affairs of the Republic of Liberia. The two sides exchanged views on China-Liberia relations. Ambassador Yin positively commented on the development of China-Liberia relations and the results of practical cooperation in 2024, appreciated Liberia's contribution…

Uganda: Ambassador Zhang Lizhong meets with Chinese Medical Team

The team will continue to work diligently to provide better medical service to Ugandans and promote further the health cooperation between the two countries

On December 31, 2024, H.E. Mr. Zhang Lizhong, Ambassador of the People's Republic of China to the Republic of Uganda, visited the 24th medical team to convey New Year blessings and greetings. The Counsellor for Economic and Commercial affairs, Mr Wang Jianxun attended the meeting. Ambassador Zhang spoke highly of the contributions made by the Chinese Medical Teams to…