Categories: Foreign

President Sall of Senegal urges China, Africa to simplify private investment procedures

China and Africa should simplify private investment procedures, improve commercial management and environment, strengthen the partnership between Chinese and African private enterprises.

President Macky Sall of Senegal, made the call at the first China-Africa Private Sector Cooperation Summit was held in the city of Hangzhou, capital of east China’s Zhejiang Province Thursday.

More than 300 representatives from governments, private sectors and institutions of China and African countries attended the summit.

Themed “Deepen the cooperation in the private economy between China and Africa”, Sall, encourage Chinese companies in Africa to take part in the management of African companies.

The summit aims to implement the Belt and Road Initiative, build a platform for the exchange and cooperation between Chinese and African enterprises, promote high-quality cooperation, realise mutual benefit and win-win results and build a stronger China-Africa community with a shared future.

“Private investment can inject vitality into the economy, boost exchange, increase employment opportunities and achieve common prosperity,” said President Sall.

A series of economic cooperation agreements were signed at the summit, covering a wide range of fields including aviation, industrial zone construction, international business dispute mediation and transnational e-commerce.

President Sall of Senegal urges China, Africa to simplify private investment procedures was last modified: September 6th, 2018 by Francis Belux
Francis Belux

Share
Published by
Francis Belux
Tags: africachina

Recent Posts

BREAKING: I am not Working for PDP – Omisore (DETAILS)

Iyiola Omisore, a candidate of the Social Democratic Party (SDP) in Saturday’s Osun State governorship election, has denied multiple claims…

1 hour ago

JUST IN: Concern as APC Postpones Presidential Primaries again (REASONS)

The ruling All Progressives Congress, APC has for the second time postponed its primaries. The party postponed its presidential primary…

2 hours ago

Truck crushes motorcyclist, passenger on Lagos-Ibadan expressway

A motorcyclist and his passenger were on Monday crushed to death in an accident involving a truck and a motorcycle on…

6 hours ago

Buhari lauds Mandela’s virtues, condemns xenophobia, discrimination

President Muhammadu Buhari has commended former South African President Nelson Mandela for his rare virtues, especially in the promotion of…

6 hours ago

Osun election: APC Campaign Council slams PDP for grandstanding

The APC Campaign Council for the 2018 Osun Governorship Election has described as “excessive grandstanding” the call by the PDP…

6 hours ago

Osun rerun: INEC describes CUPP allegation as baseless

The Independent National Electoral Commission (INEC) has described as irresponsible and baseless, the allegation that uncollected Permanent Voter Cards were…

6 hours ago