Modernization: President Xi Jinping seeks synergy between China and Africa ….. As Forum on China-Africa Cooperation summit opens in Beijing

The President of the People’s Republic of China,H.E. Xi Jinping has called for synergy between China and Africa to advance modernization, described Modernization as an inalienable right of all countries,added that Western approach to it has inflicted immense sufferings on developing countries.   He said since the end of World War II, Third World nations, represented by China and African countries, have achieved independence and development one after another, and have been endeavoring to redress the historical injustices of the modernization process.   President Xi Jinping stated this in his…

BRI: NASENI, Chinese companies sign MoUs, receives Letters of Intent for $bn Investments

At a ceremony attended by Vice President Kashim Shettima on Thursday, October 19, 2023, on the sidelines of the third Belt and Road Initiative (BRI) Forum in Beijing, China, the National Agency for Science and Engineering Infrastructure (NASENI) and new Chinese partners signed three (3) memorandum of Understandings (MoUs) for new projects valued at $2 billion. The three Chinese companies that signed MoUs to partner with NASENI and invest in Nigeria include Shanghai Launch Automotive Technical Co Ltd – an MOU to establish a new energy automobile facility for the…