In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

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\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

Recent Posts

• 

  Ghana Plans Visa-Free Entry for All…

• 

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• 

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• 

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See all

\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

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• 

  Ghana Plans Visa-Free Entry for All…

• 

  Ademola Lookman Crowned 2024 CAF African…

• 

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• 

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\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

Recent Posts

• 

  Ghana Plans Visa-Free Entry for All…

• 

  Ademola Lookman Crowned 2024 CAF African…

• 

  Rwanda Partners With Steve Harvey To…

• 

  African Vibes’ 10 All-Time Greatest African…

• 

  African Coffee Lover’s Dream: 9 Gift…

See all

\n

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

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• 

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\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

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• 

  Ghana Plans Visa-Free Entry for All…

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• 

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  African Coffee Lover’s Dream: 9 Gift…

See all

\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

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• 

  Ghana Plans Visa-Free Entry for All…

• 

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• 

  Rwanda Partners With Steve Harvey To…

• 

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• 

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See all

\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

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\n

\u201cI am just so incredibly happy to have finally run the world record as I never stopped having belief in myself. Running a sub two hours two minutes was simply amazing and I believe I can still go below that with such good conditions.\u201d<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

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• 

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• 

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• 

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\n

\u201cThey say you can miss it twice but not a third time. So I want to thank everyone who has helped me,\u201d said Eliud Kipchoge, who had won in Berlin in 2015 and 2017.<\/p>\n\n\n\n

\u201cI am just so incredibly happy to have finally run the world record as I never stopped having belief in myself. Running a sub two hours two minutes was simply amazing and I believe I can still go below that with such good conditions.\u201d<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

Recent Posts

• 

  Ghana Plans Visa-Free Entry for All…

• 

  Ademola Lookman Crowned 2024 CAF African…

• 

  Rwanda Partners With Steve Harvey To…

• 

  African Vibes’ 10 All-Time Greatest African…

• 

  African Coffee Lover’s Dream: 9 Gift…

See all

\n

\u201cI lack words to describe this day,\u201d said a beaming Eliud Kipchoge, a former world champion over 5,000 meters and marathon gold medalist at the Rio de Janeiro Olympics in 2016. \u201cI am really grateful, happy to smash the world record.\u201d<\/p>\n\n\n\n

\u201cThey say you can miss it twice but not a third time. So I want to thank everyone who has helped me,\u201d said Eliud Kipchoge, who had won in Berlin in 2015 and 2017.<\/p>\n\n\n\n

\u201cI am just so incredibly happy to have finally run the world record as I never stopped having belief in myself. Running a sub two hours two minutes was simply amazing and I believe I can still go below that with such good conditions.\u201d<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

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\n

Kipchoge's run was the biggest improvement on the marathon mark since Australian Derek Clayton took almost two and a half minutes off the record in 1967.<\/p>\n\n\n\n

\u201cI lack words to describe this day,\u201d said a beaming Eliud Kipchoge, a former world champion over 5,000 meters and marathon gold medalist at the Rio de Janeiro Olympics in 2016. \u201cI am really grateful, happy to smash the world record.\u201d<\/p>\n\n\n\n

\u201cThey say you can miss it twice but not a third time. So I want to thank everyone who has helped me,\u201d said Eliud Kipchoge, who had won in Berlin in 2015 and 2017.<\/p>\n\n\n\n

\u201cI am just so incredibly happy to have finally run the world record as I never stopped having belief in myself. Running a sub two hours two minutes was simply amazing and I believe I can still go below that with such good conditions.\u201d<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

Recent Posts

• 

  Ghana Plans Visa-Free Entry for All…

• 

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• 

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• 

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• 

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\n

ALSO READ: Kenya's Peres Jepchirchir Sets RAK Half Marathon World Record<\/a><\/strong><\/div>\n\n\n\n

Kipchoge's run was the biggest improvement on the marathon mark since Australian Derek Clayton took almost two and a half minutes off the record in 1967.<\/p>\n\n\n\n

\u201cI lack words to describe this day,\u201d said a beaming Eliud Kipchoge, a former world champion over 5,000 meters and marathon gold medalist at the Rio de Janeiro Olympics in 2016. \u201cI am really grateful, happy to smash the world record.\u201d<\/p>\n\n\n\n

\u201cThey say you can miss it twice but not a third time. So I want to thank everyone who has helped me,\u201d said Eliud Kipchoge, who had won in Berlin in 2015 and 2017.<\/p>\n\n\n\n

\u201cI am just so incredibly happy to have finally run the world record as I never stopped having belief in myself. Running a sub two hours two minutes was simply amazing and I believe I can still go below that with such good conditions.\u201d<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

Recent Posts

• 

  Ghana Plans Visa-Free Entry for All…

• 

  Ademola Lookman Crowned 2024 CAF African…

• 

  Rwanda Partners With Steve Harvey To…

• 

  African Vibes’ 10 All-Time Greatest African…

• 

  African Coffee Lover’s Dream: 9 Gift…

See all

\n

Fellow Kenyan Gladys Cherono won the women\u2019s race with a course record and best time of the year of 2:18:11, leaving Ethiopians Ruti Aga and pre-race favorite Tirunesh Dibaba in second and third place respectively.<\/p>\n\n\n\n

ALSO READ: Kenya's Peres Jepchirchir Sets RAK Half Marathon World Record<\/a><\/strong><\/div>\n\n\n\n

Kipchoge's run was the biggest improvement on the marathon mark since Australian Derek Clayton took almost two and a half minutes off the record in 1967.<\/p>\n\n\n\n

\u201cI lack words to describe this day,\u201d said a beaming Eliud Kipchoge, a former world champion over 5,000 meters and marathon gold medalist at the Rio de Janeiro Olympics in 2016. \u201cI am really grateful, happy to smash the world record.\u201d<\/p>\n\n\n\n

\u201cThey say you can miss it twice but not a third time. So I want to thank everyone who has helped me,\u201d said Eliud Kipchoge, who had won in Berlin in 2015 and 2017.<\/p>\n\n\n\n

\u201cI am just so incredibly happy to have finally run the world record as I never stopped having belief in myself. Running a sub two hours two minutes was simply amazing and I believe I can still go below that with such good conditions.\u201d<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

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• 

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\n

The 33-year-old Eliud Kipchoge, widely seen as the greatest marathon runner of the modern era, ran an official time of two hours, one minute and 39 seconds on a sunny day along the flat inner-city course, smashing Dennis Kimetto\u2019s previous record that had stood since 2014.<\/p>\n\n\n\n

Fellow Kenyan Gladys Cherono won the women\u2019s race with a course record and best time of the year of 2:18:11, leaving Ethiopians Ruti Aga and pre-race favorite Tirunesh Dibaba in second and third place respectively.<\/p>\n\n\n\n

ALSO READ: Kenya's Peres Jepchirchir Sets RAK Half Marathon World Record<\/a><\/strong><\/div>\n\n\n\n

Kipchoge's run was the biggest improvement on the marathon mark since Australian Derek Clayton took almost two and a half minutes off the record in 1967.<\/p>\n\n\n\n

\u201cI lack words to describe this day,\u201d said a beaming Eliud Kipchoge, a former world champion over 5,000 meters and marathon gold medalist at the Rio de Janeiro Olympics in 2016. \u201cI am really grateful, happy to smash the world record.\u201d<\/p>\n\n\n\n

\u201cThey say you can miss it twice but not a third time. So I want to thank everyone who has helped me,\u201d said Eliud Kipchoge, who had won in Berlin in 2015 and 2017.<\/p>\n\n\n\n

\u201cI am just so incredibly happy to have finally run the world record as I never stopped having belief in myself. Running a sub two hours two minutes was simply amazing and I believe I can still go below that with such good conditions.\u201d<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

Recent Posts

• 

  Ghana Plans Visa-Free Entry for All…

• 

  Ademola Lookman Crowned 2024 CAF African…

• 

  Rwanda Partners With Steve Harvey To…

• 

  African Vibes’ 10 All-Time Greatest African…

• 

  African Coffee Lover’s Dream: 9 Gift…

See all

\n

Kenya\u2019s Olympic champion Eliud Kipchoge pulverized the marathon world record with a blistering run on Sunday, slicing a staggering 78 seconds off the previous best to land the one major running crown that had eluded him.<\/p>\n\n\n\n

The 33-year-old Eliud Kipchoge, widely seen as the greatest marathon runner of the modern era, ran an official time of two hours, one minute and 39 seconds on a sunny day along the flat inner-city course, smashing Dennis Kimetto\u2019s previous record that had stood since 2014.<\/p>\n\n\n\n

Fellow Kenyan Gladys Cherono won the women\u2019s race with a course record and best time of the year of 2:18:11, leaving Ethiopians Ruti Aga and pre-race favorite Tirunesh Dibaba in second and third place respectively.<\/p>\n\n\n\n

ALSO READ: Kenya's Peres Jepchirchir Sets RAK Half Marathon World Record<\/a><\/strong><\/div>\n\n\n\n

Kipchoge's run was the biggest improvement on the marathon mark since Australian Derek Clayton took almost two and a half minutes off the record in 1967.<\/p>\n\n\n\n

\u201cI lack words to describe this day,\u201d said a beaming Eliud Kipchoge, a former world champion over 5,000 meters and marathon gold medalist at the Rio de Janeiro Olympics in 2016. \u201cI am really grateful, happy to smash the world record.\u201d<\/p>\n\n\n\n

\u201cThey say you can miss it twice but not a third time. So I want to thank everyone who has helped me,\u201d said Eliud Kipchoge, who had won in Berlin in 2015 and 2017.<\/p>\n\n\n\n

\u201cI am just so incredibly happy to have finally run the world record as I never stopped having belief in myself. Running a sub two hours two minutes was simply amazing and I believe I can still go below that with such good conditions.\u201d<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

Recent Posts

• 

  Ghana Plans Visa-Free Entry for All…

• 

  Ademola Lookman Crowned 2024 CAF African…

• 

  Rwanda Partners With Steve Harvey To…

• 

  African Vibes’ 10 All-Time Greatest African…

• 

  African Coffee Lover’s Dream: 9 Gift…

See all

\n

<\/figure>\n\n\n\n

Kenya\u2019s Olympic champion Eliud Kipchoge pulverized the marathon world record with a blistering run on Sunday, slicing a staggering 78 seconds off the previous best to land the one major running crown that had eluded him.<\/p>\n\n\n\n

The 33-year-old Eliud Kipchoge, widely seen as the greatest marathon runner of the modern era, ran an official time of two hours, one minute and 39 seconds on a sunny day along the flat inner-city course, smashing Dennis Kimetto\u2019s previous record that had stood since 2014.<\/p>\n\n\n\n

Fellow Kenyan Gladys Cherono won the women\u2019s race with a course record and best time of the year of 2:18:11, leaving Ethiopians Ruti Aga and pre-race favorite Tirunesh Dibaba in second and third place respectively.<\/p>\n\n\n\n

ALSO READ: Kenya's Peres Jepchirchir Sets RAK Half Marathon World Record<\/a><\/strong><\/div>\n\n\n\n

Kipchoge's run was the biggest improvement on the marathon mark since Australian Derek Clayton took almost two and a half minutes off the record in 1967.<\/p>\n\n\n\n

\u201cI lack words to describe this day,\u201d said a beaming Eliud Kipchoge, a former world champion over 5,000 meters and marathon gold medalist at the Rio de Janeiro Olympics in 2016. \u201cI am really grateful, happy to smash the world record.\u201d<\/p>\n\n\n\n

\u201cThey say you can miss it twice but not a third time. So I want to thank everyone who has helped me,\u201d said Eliud Kipchoge, who had won in Berlin in 2015 and 2017.<\/p>\n\n\n\n

\u201cI am just so incredibly happy to have finally run the world record as I never stopped having belief in myself. Running a sub two hours two minutes was simply amazing and I believe I can still go below that with such good conditions.\u201d<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

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• 

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• 

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• 

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\n

<\/p>\n\n\n\n

<\/figure>\n\n\n\n

Kenya\u2019s Olympic champion Eliud Kipchoge pulverized the marathon world record with a blistering run on Sunday, slicing a staggering 78 seconds off the previous best to land the one major running crown that had eluded him.<\/p>\n\n\n\n

The 33-year-old Eliud Kipchoge, widely seen as the greatest marathon runner of the modern era, ran an official time of two hours, one minute and 39 seconds on a sunny day along the flat inner-city course, smashing Dennis Kimetto\u2019s previous record that had stood since 2014.<\/p>\n\n\n\n

Fellow Kenyan Gladys Cherono won the women\u2019s race with a course record and best time of the year of 2:18:11, leaving Ethiopians Ruti Aga and pre-race favorite Tirunesh Dibaba in second and third place respectively.<\/p>\n\n\n\n

ALSO READ: Kenya's Peres Jepchirchir Sets RAK Half Marathon World Record<\/a><\/strong><\/div>\n\n\n\n

Kipchoge's run was the biggest improvement on the marathon mark since Australian Derek Clayton took almost two and a half minutes off the record in 1967.<\/p>\n\n\n\n

\u201cI lack words to describe this day,\u201d said a beaming Eliud Kipchoge, a former world champion over 5,000 meters and marathon gold medalist at the Rio de Janeiro Olympics in 2016. \u201cI am really grateful, happy to smash the world record.\u201d<\/p>\n\n\n\n

\u201cThey say you can miss it twice but not a third time. So I want to thank everyone who has helped me,\u201d said Eliud Kipchoge, who had won in Berlin in 2015 and 2017.<\/p>\n\n\n\n

\u201cI am just so incredibly happy to have finally run the world record as I never stopped having belief in myself. Running a sub two hours two minutes was simply amazing and I believe I can still go below that with such good conditions.\u201d<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

Recent Posts

• 

  Ghana Plans Visa-Free Entry for All…

• 

  Ademola Lookman Crowned 2024 CAF African…

• 

  Rwanda Partners With Steve Harvey To…

• 

  African Vibes’ 10 All-Time Greatest African…

• 

  African Coffee Lover’s Dream: 9 Gift…

See all

\n

Share your thoughts in our comments section.<\/strong><\/div>\n","post_title":"\u2753\ud83e\udd14QUESTION FOR YOU: Should Kenyan Immigration Have Deported This Chinese Man Over His Racist Rant?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"should-kenyan-immigration-have-deported-this-chinese-man-over-his-racist-rant","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:06","post_modified_gmt":"2024-08-12 11:19:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.bbc.com\/news\/world-africa-45433434","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":97448,"post_author":"151","post_date":"2018-09-17 23:45:14","post_date_gmt":"2018-09-17 23:45:14","post_content":"\n

<\/p>\n\n\n\n

<\/figure>\n\n\n\n

Kenya\u2019s Olympic champion Eliud Kipchoge pulverized the marathon world record with a blistering run on Sunday, slicing a staggering 78 seconds off the previous best to land the one major running crown that had eluded him.<\/p>\n\n\n\n

The 33-year-old Eliud Kipchoge, widely seen as the greatest marathon runner of the modern era, ran an official time of two hours, one minute and 39 seconds on a sunny day along the flat inner-city course, smashing Dennis Kimetto\u2019s previous record that had stood since 2014.<\/p>\n\n\n\n

Fellow Kenyan Gladys Cherono won the women\u2019s race with a course record and best time of the year of 2:18:11, leaving Ethiopians Ruti Aga and pre-race favorite Tirunesh Dibaba in second and third place respectively.<\/p>\n\n\n\n

ALSO READ: Kenya's Peres Jepchirchir Sets RAK Half Marathon World Record<\/a><\/strong><\/div>\n\n\n\n

Kipchoge's run was the biggest improvement on the marathon mark since Australian Derek Clayton took almost two and a half minutes off the record in 1967.<\/p>\n\n\n\n

\u201cI lack words to describe this day,\u201d said a beaming Eliud Kipchoge, a former world champion over 5,000 meters and marathon gold medalist at the Rio de Janeiro Olympics in 2016. \u201cI am really grateful, happy to smash the world record.\u201d<\/p>\n\n\n\n

\u201cThey say you can miss it twice but not a third time. So I want to thank everyone who has helped me,\u201d said Eliud Kipchoge, who had won in Berlin in 2015 and 2017.<\/p>\n\n\n\n

\u201cI am just so incredibly happy to have finally run the world record as I never stopped having belief in myself. Running a sub two hours two minutes was simply amazing and I believe I can still go below that with such good conditions.\u201d<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

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• 

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• 

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• 

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\n

This wisdom is applicable regardless of what part of the world you find yourself in. And it is of course no surprise that this young Chinese man quickly found out the hard way that you cannot benefit from the Kenyan economy while holding and expressing racist views. Discrimination based on color is against the law in Kenya. With that said, was the reaction of the Kenyan government too harsh or was it adequate for the offense?<\/p>\n\n\n\n

Share your thoughts in our comments section.<\/strong><\/div>\n","post_title":"\u2753\ud83e\udd14QUESTION FOR YOU: Should Kenyan Immigration Have Deported This Chinese Man Over His Racist Rant?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"should-kenyan-immigration-have-deported-this-chinese-man-over-his-racist-rant","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:06","post_modified_gmt":"2024-08-12 11:19:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.bbc.com\/news\/world-africa-45433434","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":97448,"post_author":"151","post_date":"2018-09-17 23:45:14","post_date_gmt":"2018-09-17 23:45:14","post_content":"\n

<\/p>\n\n\n\n

<\/figure>\n\n\n\n

Kenya\u2019s Olympic champion Eliud Kipchoge pulverized the marathon world record with a blistering run on Sunday, slicing a staggering 78 seconds off the previous best to land the one major running crown that had eluded him.<\/p>\n\n\n\n

The 33-year-old Eliud Kipchoge, widely seen as the greatest marathon runner of the modern era, ran an official time of two hours, one minute and 39 seconds on a sunny day along the flat inner-city course, smashing Dennis Kimetto\u2019s previous record that had stood since 2014.<\/p>\n\n\n\n

Fellow Kenyan Gladys Cherono won the women\u2019s race with a course record and best time of the year of 2:18:11, leaving Ethiopians Ruti Aga and pre-race favorite Tirunesh Dibaba in second and third place respectively.<\/p>\n\n\n\n

ALSO READ: Kenya's Peres Jepchirchir Sets RAK Half Marathon World Record<\/a><\/strong><\/div>\n\n\n\n

Kipchoge's run was the biggest improvement on the marathon mark since Australian Derek Clayton took almost two and a half minutes off the record in 1967.<\/p>\n\n\n\n

\u201cI lack words to describe this day,\u201d said a beaming Eliud Kipchoge, a former world champion over 5,000 meters and marathon gold medalist at the Rio de Janeiro Olympics in 2016. \u201cI am really grateful, happy to smash the world record.\u201d<\/p>\n\n\n\n

\u201cThey say you can miss it twice but not a third time. So I want to thank everyone who has helped me,\u201d said Eliud Kipchoge, who had won in Berlin in 2015 and 2017.<\/p>\n\n\n\n

\u201cI am just so incredibly happy to have finally run the world record as I never stopped having belief in myself. Running a sub two hours two minutes was simply amazing and I believe I can still go below that with such good conditions.\u201d<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

Recent Posts

• 

  Ghana Plans Visa-Free Entry for All…

• 

  Ademola Lookman Crowned 2024 CAF African…

• 

  Rwanda Partners With Steve Harvey To…

• 

  African Vibes’ 10 All-Time Greatest African…

• 

  African Coffee Lover’s Dream: 9 Gift…

See all

\n

The Chinese national was deported the very next day. This was revealed in a tweet by the kenyan immigration department. This is the first time an individual has been deported for racist rants. Although, it is not the first allegation of racism. BBC<\/a> reports that In 2015, the owner of a Chinese restaurant in Nairobi was arrested after public outrage over the restaurant's alleged policy of banning African customers at night. However, the restaurant owner ws never charged with discrimination or racism.<\/p>\n\n\n\n

This wisdom is applicable regardless of what part of the world you find yourself in. And it is of course no surprise that this young Chinese man quickly found out the hard way that you cannot benefit from the Kenyan economy while holding and expressing racist views. Discrimination based on color is against the law in Kenya. With that said, was the reaction of the Kenyan government too harsh or was it adequate for the offense?<\/p>\n\n\n\n

Share your thoughts in our comments section.<\/strong><\/div>\n","post_title":"\u2753\ud83e\udd14QUESTION FOR YOU: Should Kenyan Immigration Have Deported This Chinese Man Over His Racist Rant?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"should-kenyan-immigration-have-deported-this-chinese-man-over-his-racist-rant","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:06","post_modified_gmt":"2024-08-12 11:19:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.bbc.com\/news\/world-africa-45433434","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":97448,"post_author":"151","post_date":"2018-09-17 23:45:14","post_date_gmt":"2018-09-17 23:45:14","post_content":"\n

<\/p>\n\n\n\n

<\/figure>\n\n\n\n

Kenya\u2019s Olympic champion Eliud Kipchoge pulverized the marathon world record with a blistering run on Sunday, slicing a staggering 78 seconds off the previous best to land the one major running crown that had eluded him.<\/p>\n\n\n\n

The 33-year-old Eliud Kipchoge, widely seen as the greatest marathon runner of the modern era, ran an official time of two hours, one minute and 39 seconds on a sunny day along the flat inner-city course, smashing Dennis Kimetto\u2019s previous record that had stood since 2014.<\/p>\n\n\n\n

Fellow Kenyan Gladys Cherono won the women\u2019s race with a course record and best time of the year of 2:18:11, leaving Ethiopians Ruti Aga and pre-race favorite Tirunesh Dibaba in second and third place respectively.<\/p>\n\n\n\n

ALSO READ: Kenya's Peres Jepchirchir Sets RAK Half Marathon World Record<\/a><\/strong><\/div>\n\n\n\n

Kipchoge's run was the biggest improvement on the marathon mark since Australian Derek Clayton took almost two and a half minutes off the record in 1967.<\/p>\n\n\n\n

\u201cI lack words to describe this day,\u201d said a beaming Eliud Kipchoge, a former world champion over 5,000 meters and marathon gold medalist at the Rio de Janeiro Olympics in 2016. \u201cI am really grateful, happy to smash the world record.\u201d<\/p>\n\n\n\n

\u201cThey say you can miss it twice but not a third time. So I want to thank everyone who has helped me,\u201d said Eliud Kipchoge, who had won in Berlin in 2015 and 2017.<\/p>\n\n\n\n

\u201cI am just so incredibly happy to have finally run the world record as I never stopped having belief in myself. Running a sub two hours two minutes was simply amazing and I believe I can still go below that with such good conditions.\u201d<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

Recent Posts

• 

  Ghana Plans Visa-Free Entry for All…

• 

  Ademola Lookman Crowned 2024 CAF African…

• 

  Rwanda Partners With Steve Harvey To…

• 

  African Vibes’ 10 All-Time Greatest African…

• 

  African Coffee Lover’s Dream: 9 Gift…

See all

\n

\nhttps:\/\/www.youtube.com\/watch?v=uHg3aj9gl3w\n<\/div><\/figure>\n\n\n\n

The Chinese national was deported the very next day. This was revealed in a tweet by the kenyan immigration department. This is the first time an individual has been deported for racist rants. Although, it is not the first allegation of racism. BBC<\/a> reports that In 2015, the owner of a Chinese restaurant in Nairobi was arrested after public outrage over the restaurant's alleged policy of banning African customers at night. However, the restaurant owner ws never charged with discrimination or racism.<\/p>\n\n\n\n

This wisdom is applicable regardless of what part of the world you find yourself in. And it is of course no surprise that this young Chinese man quickly found out the hard way that you cannot benefit from the Kenyan economy while holding and expressing racist views. Discrimination based on color is against the law in Kenya. With that said, was the reaction of the Kenyan government too harsh or was it adequate for the offense?<\/p>\n\n\n\n

Share your thoughts in our comments section.<\/strong><\/div>\n","post_title":"\u2753\ud83e\udd14QUESTION FOR YOU: Should Kenyan Immigration Have Deported This Chinese Man Over His Racist Rant?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"should-kenyan-immigration-have-deported-this-chinese-man-over-his-racist-rant","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:06","post_modified_gmt":"2024-08-12 11:19:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.bbc.com\/news\/world-africa-45433434","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":97448,"post_author":"151","post_date":"2018-09-17 23:45:14","post_date_gmt":"2018-09-17 23:45:14","post_content":"\n

<\/p>\n\n\n\n

<\/figure>\n\n\n\n

Kenya\u2019s Olympic champion Eliud Kipchoge pulverized the marathon world record with a blistering run on Sunday, slicing a staggering 78 seconds off the previous best to land the one major running crown that had eluded him.<\/p>\n\n\n\n

The 33-year-old Eliud Kipchoge, widely seen as the greatest marathon runner of the modern era, ran an official time of two hours, one minute and 39 seconds on a sunny day along the flat inner-city course, smashing Dennis Kimetto\u2019s previous record that had stood since 2014.<\/p>\n\n\n\n

Fellow Kenyan Gladys Cherono won the women\u2019s race with a course record and best time of the year of 2:18:11, leaving Ethiopians Ruti Aga and pre-race favorite Tirunesh Dibaba in second and third place respectively.<\/p>\n\n\n\n

ALSO READ: Kenya's Peres Jepchirchir Sets RAK Half Marathon World Record<\/a><\/strong><\/div>\n\n\n\n

Kipchoge's run was the biggest improvement on the marathon mark since Australian Derek Clayton took almost two and a half minutes off the record in 1967.<\/p>\n\n\n\n

\u201cI lack words to describe this day,\u201d said a beaming Eliud Kipchoge, a former world champion over 5,000 meters and marathon gold medalist at the Rio de Janeiro Olympics in 2016. \u201cI am really grateful, happy to smash the world record.\u201d<\/p>\n\n\n\n

\u201cThey say you can miss it twice but not a third time. So I want to thank everyone who has helped me,\u201d said Eliud Kipchoge, who had won in Berlin in 2015 and 2017.<\/p>\n\n\n\n

\u201cI am just so incredibly happy to have finally run the world record as I never stopped having belief in myself. Running a sub two hours two minutes was simply amazing and I believe I can still go below that with such good conditions.\u201d<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

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• 

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• 

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See all

\n

<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=uHg3aj9gl3w\n<\/div><\/figure>\n\n\n\n

The Chinese national was deported the very next day. This was revealed in a tweet by the kenyan immigration department. This is the first time an individual has been deported for racist rants. Although, it is not the first allegation of racism. BBC<\/a> reports that In 2015, the owner of a Chinese restaurant in Nairobi was arrested after public outrage over the restaurant's alleged policy of banning African customers at night. However, the restaurant owner ws never charged with discrimination or racism.<\/p>\n\n\n\n

This wisdom is applicable regardless of what part of the world you find yourself in. And it is of course no surprise that this young Chinese man quickly found out the hard way that you cannot benefit from the Kenyan economy while holding and expressing racist views. Discrimination based on color is against the law in Kenya. With that said, was the reaction of the Kenyan government too harsh or was it adequate for the offense?<\/p>\n\n\n\n

Share your thoughts in our comments section.<\/strong><\/div>\n","post_title":"\u2753\ud83e\udd14QUESTION FOR YOU: Should Kenyan Immigration Have Deported This Chinese Man Over His Racist Rant?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"should-kenyan-immigration-have-deported-this-chinese-man-over-his-racist-rant","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:06","post_modified_gmt":"2024-08-12 11:19:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.bbc.com\/news\/world-africa-45433434","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":97448,"post_author":"151","post_date":"2018-09-17 23:45:14","post_date_gmt":"2018-09-17 23:45:14","post_content":"\n

<\/p>\n\n\n\n

<\/figure>\n\n\n\n

Kenya\u2019s Olympic champion Eliud Kipchoge pulverized the marathon world record with a blistering run on Sunday, slicing a staggering 78 seconds off the previous best to land the one major running crown that had eluded him.<\/p>\n\n\n\n

The 33-year-old Eliud Kipchoge, widely seen as the greatest marathon runner of the modern era, ran an official time of two hours, one minute and 39 seconds on a sunny day along the flat inner-city course, smashing Dennis Kimetto\u2019s previous record that had stood since 2014.<\/p>\n\n\n\n

Fellow Kenyan Gladys Cherono won the women\u2019s race with a course record and best time of the year of 2:18:11, leaving Ethiopians Ruti Aga and pre-race favorite Tirunesh Dibaba in second and third place respectively.<\/p>\n\n\n\n

ALSO READ: Kenya's Peres Jepchirchir Sets RAK Half Marathon World Record<\/a><\/strong><\/div>\n\n\n\n

Kipchoge's run was the biggest improvement on the marathon mark since Australian Derek Clayton took almost two and a half minutes off the record in 1967.<\/p>\n\n\n\n

\u201cI lack words to describe this day,\u201d said a beaming Eliud Kipchoge, a former world champion over 5,000 meters and marathon gold medalist at the Rio de Janeiro Olympics in 2016. \u201cI am really grateful, happy to smash the world record.\u201d<\/p>\n\n\n\n

\u201cThey say you can miss it twice but not a third time. So I want to thank everyone who has helped me,\u201d said Eliud Kipchoge, who had won in Berlin in 2015 and 2017.<\/p>\n\n\n\n

\u201cI am just so incredibly happy to have finally run the world record as I never stopped having belief in myself. Running a sub two hours two minutes was simply amazing and I believe I can still go below that with such good conditions.\u201d<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

Recent Posts

• 

  Ghana Plans Visa-Free Entry for All…

• 

  Ademola Lookman Crowned 2024 CAF African…

• 

  Rwanda Partners With Steve Harvey To…

• 

  African Vibes’ 10 All-Time Greatest African…

• 

  African Coffee Lover’s Dream: 9 Gift…

See all

\n

Video of Mr. Liu's Racist Remarks<\/h2>\n\n\n\n

<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=uHg3aj9gl3w\n<\/div><\/figure>\n\n\n\n

The Chinese national was deported the very next day. This was revealed in a tweet by the kenyan immigration department. This is the first time an individual has been deported for racist rants. Although, it is not the first allegation of racism. BBC<\/a> reports that In 2015, the owner of a Chinese restaurant in Nairobi was arrested after public outrage over the restaurant's alleged policy of banning African customers at night. However, the restaurant owner ws never charged with discrimination or racism.<\/p>\n\n\n\n

This wisdom is applicable regardless of what part of the world you find yourself in. And it is of course no surprise that this young Chinese man quickly found out the hard way that you cannot benefit from the Kenyan economy while holding and expressing racist views. Discrimination based on color is against the law in Kenya. With that said, was the reaction of the Kenyan government too harsh or was it adequate for the offense?<\/p>\n\n\n\n

Share your thoughts in our comments section.<\/strong><\/div>\n","post_title":"\u2753\ud83e\udd14QUESTION FOR YOU: Should Kenyan Immigration Have Deported This Chinese Man Over His Racist Rant?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"should-kenyan-immigration-have-deported-this-chinese-man-over-his-racist-rant","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:06","post_modified_gmt":"2024-08-12 11:19:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.bbc.com\/news\/world-africa-45433434","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":97448,"post_author":"151","post_date":"2018-09-17 23:45:14","post_date_gmt":"2018-09-17 23:45:14","post_content":"\n

<\/p>\n\n\n\n

<\/figure>\n\n\n\n

Kenya\u2019s Olympic champion Eliud Kipchoge pulverized the marathon world record with a blistering run on Sunday, slicing a staggering 78 seconds off the previous best to land the one major running crown that had eluded him.<\/p>\n\n\n\n

The 33-year-old Eliud Kipchoge, widely seen as the greatest marathon runner of the modern era, ran an official time of two hours, one minute and 39 seconds on a sunny day along the flat inner-city course, smashing Dennis Kimetto\u2019s previous record that had stood since 2014.<\/p>\n\n\n\n

Fellow Kenyan Gladys Cherono won the women\u2019s race with a course record and best time of the year of 2:18:11, leaving Ethiopians Ruti Aga and pre-race favorite Tirunesh Dibaba in second and third place respectively.<\/p>\n\n\n\n

ALSO READ: Kenya's Peres Jepchirchir Sets RAK Half Marathon World Record<\/a><\/strong><\/div>\n\n\n\n

Kipchoge's run was the biggest improvement on the marathon mark since Australian Derek Clayton took almost two and a half minutes off the record in 1967.<\/p>\n\n\n\n

\u201cI lack words to describe this day,\u201d said a beaming Eliud Kipchoge, a former world champion over 5,000 meters and marathon gold medalist at the Rio de Janeiro Olympics in 2016. \u201cI am really grateful, happy to smash the world record.\u201d<\/p>\n\n\n\n

\u201cThey say you can miss it twice but not a third time. So I want to thank everyone who has helped me,\u201d said Eliud Kipchoge, who had won in Berlin in 2015 and 2017.<\/p>\n\n\n\n

\u201cI am just so incredibly happy to have finally run the world record as I never stopped having belief in myself. Running a sub two hours two minutes was simply amazing and I believe I can still go below that with such good conditions.\u201d<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

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• 

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• 

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• 

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• 

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\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship - Mutual benefit or Is one exploiting the other?<\/a><\/strong><\/div>\n\n\n\n

Video of Mr. Liu's Racist Remarks<\/h2>\n\n\n\n

<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=uHg3aj9gl3w\n<\/div><\/figure>\n\n\n\n

The Chinese national was deported the very next day. This was revealed in a tweet by the kenyan immigration department. This is the first time an individual has been deported for racist rants. Although, it is not the first allegation of racism. BBC<\/a> reports that In 2015, the owner of a Chinese restaurant in Nairobi was arrested after public outrage over the restaurant's alleged policy of banning African customers at night. However, the restaurant owner ws never charged with discrimination or racism.<\/p>\n\n\n\n

This wisdom is applicable regardless of what part of the world you find yourself in. And it is of course no surprise that this young Chinese man quickly found out the hard way that you cannot benefit from the Kenyan economy while holding and expressing racist views. Discrimination based on color is against the law in Kenya. With that said, was the reaction of the Kenyan government too harsh or was it adequate for the offense?<\/p>\n\n\n\n

Share your thoughts in our comments section.<\/strong><\/div>\n","post_title":"\u2753\ud83e\udd14QUESTION FOR YOU: Should Kenyan Immigration Have Deported This Chinese Man Over His Racist Rant?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"should-kenyan-immigration-have-deported-this-chinese-man-over-his-racist-rant","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:06","post_modified_gmt":"2024-08-12 11:19:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.bbc.com\/news\/world-africa-45433434","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":97448,"post_author":"151","post_date":"2018-09-17 23:45:14","post_date_gmt":"2018-09-17 23:45:14","post_content":"\n

<\/p>\n\n\n\n

<\/figure>\n\n\n\n

Kenya\u2019s Olympic champion Eliud Kipchoge pulverized the marathon world record with a blistering run on Sunday, slicing a staggering 78 seconds off the previous best to land the one major running crown that had eluded him.<\/p>\n\n\n\n

The 33-year-old Eliud Kipchoge, widely seen as the greatest marathon runner of the modern era, ran an official time of two hours, one minute and 39 seconds on a sunny day along the flat inner-city course, smashing Dennis Kimetto\u2019s previous record that had stood since 2014.<\/p>\n\n\n\n

Fellow Kenyan Gladys Cherono won the women\u2019s race with a course record and best time of the year of 2:18:11, leaving Ethiopians Ruti Aga and pre-race favorite Tirunesh Dibaba in second and third place respectively.<\/p>\n\n\n\n

ALSO READ: Kenya's Peres Jepchirchir Sets RAK Half Marathon World Record<\/a><\/strong><\/div>\n\n\n\n

Kipchoge's run was the biggest improvement on the marathon mark since Australian Derek Clayton took almost two and a half minutes off the record in 1967.<\/p>\n\n\n\n

\u201cI lack words to describe this day,\u201d said a beaming Eliud Kipchoge, a former world champion over 5,000 meters and marathon gold medalist at the Rio de Janeiro Olympics in 2016. \u201cI am really grateful, happy to smash the world record.\u201d<\/p>\n\n\n\n

\u201cThey say you can miss it twice but not a third time. So I want to thank everyone who has helped me,\u201d said Eliud Kipchoge, who had won in Berlin in 2015 and 2017.<\/p>\n\n\n\n

\u201cI am just so incredibly happy to have finally run the world record as I never stopped having belief in myself. Running a sub two hours two minutes was simply amazing and I believe I can still go below that with such good conditions.\u201d<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

\n

\n

ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

Recent Posts

• 

  Ghana Plans Visa-Free Entry for All…

• 

  Ademola Lookman Crowned 2024 CAF African…

• 

  Rwanda Partners With Steve Harvey To…

• 

  African Vibes’ 10 All-Time Greatest African…

• 

  African Coffee Lover’s Dream: 9 Gift…

See all

\n

Mr. Liu Jiaqi, a Chinese immigrant businessman in Kenya was deported after a video emerged of him making racist comments. An employee filmed Mr. Liu, a motorcycle trader, saying that he disliked Kenya because it \"smells bad and [its people are] poor, foolish and black\". When the employee asked why he wanted to stay in the country, the trader said he was only there to make money. The Kenyan authorities arrested him hours after the video was circulated online on 5 September and revoked his work permit.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship - Mutual benefit or Is one exploiting the other?<\/a><\/strong><\/div>\n\n\n\n

Video of Mr. Liu's Racist Remarks<\/h2>\n\n\n\n

<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=uHg3aj9gl3w\n<\/div><\/figure>\n\n\n\n

The Chinese national was deported the very next day. This was revealed in a tweet by the kenyan immigration department. This is the first time an individual has been deported for racist rants. Although, it is not the first allegation of racism. BBC<\/a> reports that In 2015, the owner of a Chinese restaurant in Nairobi was arrested after public outrage over the restaurant's alleged policy of banning African customers at night. However, the restaurant owner ws never charged with discrimination or racism.<\/p>\n\n\n\n

This wisdom is applicable regardless of what part of the world you find yourself in. And it is of course no surprise that this young Chinese man quickly found out the hard way that you cannot benefit from the Kenyan economy while holding and expressing racist views. Discrimination based on color is against the law in Kenya. With that said, was the reaction of the Kenyan government too harsh or was it adequate for the offense?<\/p>\n\n\n\n

Share your thoughts in our comments section.<\/strong><\/div>\n","post_title":"\u2753\ud83e\udd14QUESTION FOR YOU: Should Kenyan Immigration Have Deported This Chinese Man Over His Racist Rant?","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"should-kenyan-immigration-have-deported-this-chinese-man-over-his-racist-rant","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:06","post_modified_gmt":"2024-08-12 11:19:06","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.bbc.com\/news\/world-africa-45433434","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":97448,"post_author":"151","post_date":"2018-09-17 23:45:14","post_date_gmt":"2018-09-17 23:45:14","post_content":"\n

<\/p>\n\n\n\n

<\/figure>\n\n\n\n

Kenya\u2019s Olympic champion Eliud Kipchoge pulverized the marathon world record with a blistering run on Sunday, slicing a staggering 78 seconds off the previous best to land the one major running crown that had eluded him.<\/p>\n\n\n\n

The 33-year-old Eliud Kipchoge, widely seen as the greatest marathon runner of the modern era, ran an official time of two hours, one minute and 39 seconds on a sunny day along the flat inner-city course, smashing Dennis Kimetto\u2019s previous record that had stood since 2014.<\/p>\n\n\n\n

Fellow Kenyan Gladys Cherono won the women\u2019s race with a course record and best time of the year of 2:18:11, leaving Ethiopians Ruti Aga and pre-race favorite Tirunesh Dibaba in second and third place respectively.<\/p>\n\n\n\n

ALSO READ: Kenya's Peres Jepchirchir Sets RAK Half Marathon World Record<\/a><\/strong><\/div>\n\n\n\n

Kipchoge's run was the biggest improvement on the marathon mark since Australian Derek Clayton took almost two and a half minutes off the record in 1967.<\/p>\n\n\n\n

\u201cI lack words to describe this day,\u201d said a beaming Eliud Kipchoge, a former world champion over 5,000 meters and marathon gold medalist at the Rio de Janeiro Olympics in 2016. \u201cI am really grateful, happy to smash the world record.\u201d<\/p>\n\n\n\n

\u201cThey say you can miss it twice but not a third time. So I want to thank everyone who has helped me,\u201d said Eliud Kipchoge, who had won in Berlin in 2015 and 2017.<\/p>\n\n\n\n

\u201cI am just so incredibly happy to have finally run the world record as I never stopped having belief in myself. Running a sub two hours two minutes was simply amazing and I believe I can still go below that with such good conditions.\u201d<\/p>\n\n\n\n

\nhttps:\/\/www.youtube.com\/watch?v=DFtWVPBu-3w\n<\/div><\/figure>\n\n\n\n

READ MORE HERE>>><\/a><\/strong><\/div>\n","post_title":"\ud83d\udc4c\ud83c\udffeKenyan Shatters Marathon World Record By 78 Seconds","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"kenyan-shatters-marathon-world-record-by-78-seconds","to_ping":"","pinged":"","post_modified":"2024-08-12 11:19:16","post_modified_gmt":"2024-08-12 11:19:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-athletics-berlin\/kenyan-kipchoge-shatters-marathon-world-record-in-berlin-idUSKCN1LW08P","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":94996,"post_author":"7","post_date":"2018-09-07 23:03:56","post_date_gmt":"2018-09-07 23:03:56","post_content":"\n

Tea is Kenya\u2019s biggest export earner, topping tourism and coffee. But ask any Chinese person what they know Kenya for, and they\u2019ll say elephants or marathon runners. Why? Despite being the largest consumer of tea in the world, China ranks 29^{th<\/sup> in terms of Kenya\u2019s tea export destinations.<\/p>\n\n\n\n}

<\/figure>\n\n\n\n

Although China has been Africa\u2019s largest trade partner overall since 2008, there has been a stark trade imbalance in the composition of the trade, not just with Kenya but with 39 other African countries <\/a>with diplomatic relations with China. Raw, unprocessed materials are exported from a few countries while manufactured, cheap goods are imported into the majority of African countries. For land-locked Uganda \u2013 the ratio of imports to exports to China was 22:1. Even the continent\u2019s top oil producer Nigeria, for every $1 of exports to China, imported $11.<\/p>\n\n\n\n

This trade imbalance has not gone unnoticed by Africans. As a result, African leaders decided to use the large Forum on China-Africa Cooperation (FOCAC) Summit in Beijing earlier this week to collectively push China to help balance the scale.<\/p>\n\n\n\n

ALSO READ:<\/strong> DISCUSSION: Africa\/China relationship \u2013 Mutual benefit or Is one exploiting the other?<\/a><\/p>\n\n\n\n

In response, the Chinese government offered four new ideas, set out in president Xi\u2019s speech during the forum.<\/h3>\n\n\n\n

Idea#1<\/strong> - First, to do more to promote African products in China. For example, to use e-commerce to promote the products; create a China-Africa Economic and Trade Expo, and encourage African countries to participate in the China International Import Expo in November 2018 in Shanghai. The poorest African countries will not have to pay exhibition stand fees to take part. These will provide opportunities for regular marketing activities for African products.<\/p>\n\n\n\n

Idea#2<\/strong> - Second, the Chinese government offered 50 trade facilitation programs for Africa\u2014that\u2019s close to one per country\u2014and thereby increasing cooperation on market regulation and customs procedures.<\/p>\n\n\n\n

Idea#3<\/strong> - Third, the Chinese government offered to create a new $5 billion-worth fund for financing imports from Africa.<\/p>\n\n\n\n

Idea#4<\/strong> - Fourth, the government committed to continue to hold free trade negotiations with interested parties.  Which could expand the duty-free access that it already gives to 97% of products from the Least Developed Countries (LDCs) in Africa to other middle-income African countries too.<\/p>\n\n\n\n

Will this be enough to turn around the huge trade deficits that some countries experience?<\/p>\n\n\n\n

It\u2019s unlikely.<\/p>\n\n\n\n

For instance, it\u2019s currently impossible to find Ethiopian wine in Beijing, despite Ethiopia\u2019s LDC status. And even though US and EU imported wine have high tariffs levied on them. Indeed, official \u201czero tariffs\u201d on African goods, in theory, are not always the practice on the ground. <\/p>\n\n\n\n

According to a 2016 UN study, 50% of African LDC agricultural products coming into China still end up having to pay import taxes. For the four measures to have a real impact, there needs to be a major shift in global manufacturing patterns. The more manufacturing there is in Africa, the more exports will start to turn around.<\/p>\n\n\n\n

READ MORE HERE >><\/a><\/strong><\/div>\n","post_title":"African Presidents Confront China On Trade Imbalance And China Says This","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"african-presidents-confront-china-on-trade-imbalance-and-china-says-this","to_ping":"","pinged":"","post_modified":"2024-08-12 23:19:25","post_modified_gmt":"2024-08-12 23:19:25","post_content_filtered":"","post_parent":0,"guid":"https:\/\/qz.com\/africa\/1382074\/what-african-countries-really-get-from-focac-china-summit\/","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":86685,"post_author":"2","post_date":"2018-08-09 21:00:47","post_date_gmt":"2018-08-09 21:00:47","post_content":"\n\n[caption id=\"attachment_292131\" align=\"alignnone\" width=\"1280\"] Taxify - Image by Germany Photography<\/a> from Pixabay<\/a><\/em>[\/caption]\n\nTaxify, an Estonian ride-hailing company aiming to take on Uber in emerging markets. It will invest millions of euros in East Africa in the next five years with a strategy focused on motorized rickshaws and motorcycles. The company already operates in five cities in Kenya, Uganda, and Tanzania. However, it will continue to offer regular car rides. According to Taxify, it saw the opportunity for growth via taxi services in locally popular forms of motorized transport.\n

The major advantage of Taxify over Uber<\/h2>\n

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ALSO READ: GAME CHANGER: Uber-Like Startup Is Revolutionizing The Motorcycle Taxi Industry In Rwanda<\/a><\/strong><\/div>\n<\/div>\n<\/div>\nAlso, in East Africa, \u201cboda bodas\u201d and \u201cbajajis\u201d, or \u201ctuk-tuks\u201d, are local terms for motorcycles and rickshaws, respectively. Taxify's fleet will be a diverse set of vehicles, reminiscent of the type of taxi service we use in Hedge End<\/a> back in my youth. They plan to adapt their services to the local populations and their ways of transport. This is better than enforcing a more North American mode of transport. The latter is ill-suited to the roadways of many of these countries.\n\n\u201cOur focus is on providing the most appropriate means of transport for the customers. In East Africa, we can see that boda bodas are getting the highest value for us<\/em>,\u201d Karl Aru, Taxify\u2019s Expansion Manager for Africa, said in an interview.\n\nMoreover, taxify has picked off business from Uber in central and eastern Europe and major African cities. It raised $175 million in May in a funding round that included German automaker Daimler and brought its valuation to $1 billion. The company says it has hundreds of thousands of drivers in sub-Saharan Africa, with roughly a third in East Africa. It also operates in Nigeria and South Africa. Also, it has a total of five million active users on the continent as a whole. Close to half of Taxify\u2019s business is in Africa, the company said.\n

READ MORE HERE >>\n<\/a><\/strong><\/div>","post_title":"Uber Rival Taxify Bets On Motorcycles And Rickshaws In East Africa","post_excerpt":"","post_status":"publish","comment_status":"open","ping_status":"open","post_password":"","post_name":"uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa","to_ping":"","pinged":"","post_modified":"2024-08-13 18:20:16","post_modified_gmt":"2024-08-13 18:20:16","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.reuters.com\/article\/us-kenya-taxify\/uber-rival-taxify-bets-on-motorcycles-and-rickshaws-in-east-africa-idUSKBN1KU1J2","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"prev":true,"total_page":13},"paged":1,"column_class":"jeg_col_2o3","class":"epic_block_3"};

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