Zimbabwe:Good Times Beckon for Mining Sector

[The Herald] Zimbabwe’s mining sector is headed for exciting times with foreign investors reportedly reaching lofty heights since the new dispensation rose to power, subsequently staging peaceful and successful harmonised polls, according to Mines and Mining Development Minister Winston Chitando.

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Africa:Is China Africa’s Father Christmas?

[Vanguard] The Presidents of African countries converged in Beijing last week, to attend the 2018 Summit of the Forum on China-Africa Cooperation (FOCAC); President Muhammadu Buhari’s delegation included at least four state governors and seven federal ministers.

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Africa:China Provides Africa Opportunity–and Risk

[Atlantic Council] Next week in Beijing, Chinese President Xi Jinping will open the seventh Forum on China-Africa Cooperation (FOCAC), the triennial summit gathering of the People’s Republic of China’s top leadership and their counterparts from all the African states except eSwatini (formerly Swaziland), Taiwan’s sole remaining diplomatic partner on the continent.

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Seychelles:China Writes Off U.S.$5.5 Million Loan to Reduce Seychelles’ Debt Load

[Seychelles News Agency] The Chinese government has written off a loan to Seychelles worth 37,816,400 renminbi — or $5.5 million — after an agreement aimed at supporting Seychelles’ economy and reducing its debt load was signed this week.

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American sanctions bring more agony to Iran’s dysfunctional economy

IT TOOK two years to negotiate a nuclear deal with Iran—and a few strokes of a pen to undo it. On August 6th President Donald Trump signed an executive order restoring sanctions aimed at Iran’s car industry, its trade in gold and its access to dollars, among other things. It makes good on the president’s promise to withdraw from the deal, signed in 2015, which gave Iran sanctions relief in exchange for limits on its nuclear programme

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