[South African Ports Authority plans to invest$570 million in port infrastructure] South Africa's Transnet National Port Authority plans to invest around $566 million over the next seven years in various infrastructure facilities in East London, Port Elizabeth and Ngula. Ports of Nelson Mandela, Elizabeth and Ngula will receive $299 million in investment, while East London will receive the remaining approximately $268 million. The first investment of around R570 million will take place in the 2022/2023 financial year. TNPA's latest investment plan aims to realign South African port operator Transnet with other key economic sectors. Editor/Xing Wentao

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• 2026.08.17 17:20
• [Zero tariff dividend released, Nigeria's exports to China increase significantly]
• China has implemented 100% zero tariffs on 53 African countries with diplomatic relations, which has led to a significant increase in Nigeria's exports to China. In the first half of 2026, the bilateral trade volume between China and Nigeria reached 18 billion US dollars, a year-on-year increase of 35%. China imported 2.3 billion US dollars from Nigeria, a significant increase of 80% year-on-year. Nepal hopes to take advantage of policy opportunities to promote export diversification, develop industries such as agricultural product processing, and fill gaps in infrastructure and certification. China will assist Nigeria in upgrading its industries through investment, technology transfer, exhibition platforms, and other means, and transform trade dividends into driving forces for industrial development.Editor/Gong Ziwei

• 2026.08.17 17:17
• [China builds two 82000 ton bulk carriers to deliver to Egypt]
• Recently, the Egyptian National Shipping Company received two 82000 ton Kamsa type bulk carriers built by China's New Hantong Shipyard, helping to modernize and upgrade the Egyptian merchant fleet. The two ships are named Nile Valley and Moon Valley, suitable for international dry bulk transportation. The ship is equipped with energy-saving engines and environmental protection systems, which comply with international maritime environmental standards. The endurance and water purification facilities are complete, and the performance is advanced. This delivery demonstrates China's shipbuilding strength and deepens cooperation in the fields of China Egypt shipping and high-end equipment manufacturing.Editor/Gong Ziwei