China, Africa strengthen ties with historic MoU signing

Africa Growth Solutions (AGS) and the China-Africa Commercial Affairs Centre signed two significant Memoranda of Understanding (MoUs) on October 23, 2024, in Changsha, China, to enhance economic cooperation between China and Africa.

The MoUs focus on industrial and infrastructure development, targeting sectors such as energy, agriculture, and education. A joint venture will promote trade and investment, providing capacity-building programs and facilitating technology transfer.

AGS President Akwasi Opong-Fosu and Jack Chan from the China-Africa Centre highlighted the initiative's potential to unlock Africa's growth and strengthen Sino-African relations, aligning with the Forum on China-Africa Cooperation Action Plan