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AU pushing efforts to realize African continental trade area

A senior official of the African Union (AU) has underlined the need for AU member states to act quickly to move forward the agenda of realizing continental free trade (CFTA) in Africa.

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China navy ships arrive in South Africa for friendly visit

The 22nd Chinese naval escort taskforce arrived Monday at the Simon's Town naval base of South Africa for a four-day friendly visit.

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World Economic Forum on Africa urges better policy for financial market resilience

​Africa needs better and more flexible policies to build financial market resilience in the face of global economic volatility, economists urged at the ongoing World Economic Forum (WEF) on Africa 2016 in Kigali, Rwanda.

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Africa turning to nuclear to meet growing energy needs

​The UN nuclear agency said on Friday that African countries are expressing greater interest in tapping nuclear power for their energy needs.

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S. African gov't says able to pay debt following downgrade warning

​South African Finance Minister Pravin Gordhan has said the government has the ability to pay its debt, days after rating agency Moody's put its credit status on review.

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S. Africa has potential to overcome challenges: Treasury

​As a resilient nation, South Africa has the potential to overcome its immediate challenges, the National Treasury said on Monday.

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Ministers call on African countries to ratify free trade arrangement

Ministers from Africa's largest trading bloc have urged African countries to ratify the Tripartite Free Trade Area (TFTA) and those that have not signed it to do so to promote intra-Africa trade.

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S. African president pledges to confront economic challenges

South African President Jacob Zuma said on Tuesday the government and business alike should work to ensure that investment should not be allowed to slow down in difficult times.

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AU summit opens with call for unity to tackle Africa's challenges

The 26th AU Heads of State Summit opened on Saturday in Addis Ababa, with a rallying call for unity, tolerance, respect for human rights and improved governance in order to tackle the continent's myriad challenges effectively.

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Chinese economy not in crisis

​China is not facing an economic crisis but adjusting its economic structure, a Chinese expert said on Tuesday.

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S. Africa pledges to work with U.S. in resolving trade issues

South African authorities on Tuesday pledged to work with the United States in resolving trade issues that threaten to exclude Pretoria from the African Growth and Opportunity Act (AGOA).

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China's economy going through legitimate transition

Lagarde made the remarks in an interview with Xinhua over the weekend during her three day visit to Cameroon that began on Jan. 7.

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DPRK diplomat expelled from SA for rhino horn trafficking: official

​A high ranking diplomat working for the embassy of the Democratic People's Republic of Korea (DPRK) has been expelled from South Africa for alleged rhino horn trafficking, authorities confirmed on Wednesday.

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500 children die each day from lack of safe water in sub-Saharan Africa: UNICEF

Some 500 children die every day from lack of safe water and sanitation in sub-Saharan Africa, the UN Chidlren's Fund (UNICEF) said on Tuesday.

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China offers Africa fast lane of development, Botswana accessible

​China's new initiatives announced during a landmark summit to boost comprehensive cooperation with Africa meets the latter's development priorities and can benefit the continent through the greater economic ties, Botswana experts said.

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China's pledge to Africa refutes "neocolonialism" rhetoric

China's pledge to continue to support Africa in achieving development and prosperity has once again refuted the rhetoric of "neocolonialism" in the continent.