Partnership with China has boosted Africa's robust development, while the third China-Africa Economic and Trade Expo injects crucial impetus into further cementing the fast-changing development landscape in Africa, said an Ethiopian expert.
The year of 2023 marks the 10th anniversary of the Belt and Road Initiative (BRI). Throughout this decade, BRI has transitioned from a conceptual framework to a tangible force, fervently supporting the global free trade system and fostering an open world economy. Propelled by the momentum of the Belt and Road, Nigeria's Lekki Free Zone (LFZ) is emerging as a crucial hub for China-Nigerian and China-African economic and trade partnerships.
To support stronger healthcare delivery and outcomes in West Africa, Shanghai Fosun Pharmaceutical (Group) Co Ltd announced its partnership with the International Finance Corp (IFC) on Tuesday to help build a pharmaceutical production facility and distribution hub in the Republic of Cote d'Ivoire.
A promotion seminar on the China International Import Expo (CIIE), a trade fair held annually in Shanghai, China since 2018, was held at the African Union (AU) headquarters on Thursday.