Zimbabwe on Tuesday signed a multibillion-dollar mining deal with China’s Tsingshan that will see the Chinese firm mining chrome, iron ore, nickel and coal in Zimbabwe.The deal, whose initial phase will cost $2 billion before rising to between $5 and $10 billion, may also involve lithium mining, establishment of a power plant and construction of a railway line to the port. The two countries initially signed the deal last year at a cost of $1 billion but on Tuesday, the two countries signed the new agreement expanding the scope of the original MOU. Mines Minister Winston Chitando signed on behalf of the Zimbabwe government while Chen Shangsong signed on behalf of Tsingshan.
CENTER FOR AFRICAN STUDIES
Center for Africa Studies (AFRAM) which located in Ankara, is an organization facilitating under the administration of African Affairs Council (AFAC). It makes various researches about Africa to enhance economic and cultural bounds between Africa and Turkey. AFRAM’s publishings has been shared with different institutions as they require to obtain.
Africa Observatory is one the publishing of AFRAM and it has been published each two weeks. It has been delivered to different institutions via e-mail.