Close Menu
MarketForces AfricaMarketForces Africa
    What's Hot

    Iran Plans to Restore 3mbpd Oil Production in 60 Days

    June 20, 2026

    Aradel Grows Profit by 192%, Declares N23 as Final Dividend

    June 20, 2026

    Dangote Cement Sells 64% of Production Volume to Nigerians

    June 20, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Iran Plans to Restore 3mbpd Oil Production in 60 Days
    • Aradel Grows Profit by 192%, Declares N23 as Final Dividend
    • Dangote Cement Sells 64% of Production Volume to Nigerians
    • Naira Tumbles as Interbank FX Turnover Drops by 43%
    • XRP Rises as HKIMR Recognises Ripple for Cross-Border Payment
    • ETC- Ethereum Classic Gains 6% on Listing Speculation
    • Bitcoin Climbs, JP Morgan Says BTC Trades Below Mining Costs
    • Equities Investors Lose N939bn as Banking Index Tumbles
    • Home
    • About Us
    Facebook X (Twitter) Instagram LinkedIn WhatsApp TikTok Telegram
    MarketForces AfricaMarketForces Africa
    Subscribe
    Sunday, June 21
    • Home
    • News
    • Analysis
    • Economy
    • Mobile Banking
    • Entrepreneurship
    MarketForces AfricaMarketForces Africa
    MarketForces Africa » Uncategorized » China, Nigeria to Partner on Renewable Energy, Smart City

    China, Nigeria to Partner on Renewable Energy, Smart City

    Julius AlagbeBy Julius AlagbeNovember 29, 2024Updated:November 29, 2024 Uncategorized No Comments2 Mins Read
    China, Nigeria to Partner on Renewable Energy, Smart City
    Mr Fang Qiuchen, Chairman of China international Contractors Association (CHINCA).
    Share
    Facebook Twitter LinkedIn Pinterest Email Tumblr Reddit Telegram WhatsApp Copy Link

    China, Nigeria to Partner on Renewable Energy, Smart City

    Mr Fang Qiuchen, Chairman of China lnternational Contractors Association (CHINCA) has revealed plans for China and Nigeria to collaborate on new energy projects, digital smart cities, and infrastructure development.

    Fang made the announcement in Abuja at a sideline interview with newsmen during the opening of China-Africa Economic and Trade Expo (CAETE) Exhibition in Africa (Nigeria).

    He said that the longstanding relationship between China and Nigeria, dating back to 1991 would be leveraged to share China’s advanced technology in various sectors, particularly infrastructure.

    According to fang, the partnership would address Nigeria’s energy challenges and promoting sustainable urban development.

    “The collaboration will leverage China’s advanced technologies and Nigeria’s vast resources to create a sustainable energy framework that will benefit both nations,” he said.

    Fang stated that the projects would enhance energy access in Nigeria and contribute to the country’s economic growth.

    “Both China and Nigeria are exploring the use of advanced technologies, such as big data; cloud computing, and Al, to enhance the intelligence and automation of infrastructure. “ he said

    Fang added that the partnership would facilitate investments in solar, wind, and hydroelectric energy, aligning with global trends towards cleaner energy sources.

    Also, the development of smart cities would integrate digital technologies to improve urban management and enhance the quality of life residents.

    Mr Xia Hao, Deputy Dean of the school of Economics and Trade at Hunan University, Changsha, said Nigeria’s large population and strong economic cooperation with china could accelerate its development in sectors like renewable energy and infrastructure.

    Dignitaries going through various exhibition stalls. Mr Joseph Tegbe, Director-General and Global Liaison for the Nigeria-China Strategic Partnership, said the partnership aligned with China’s Belt and Road Initiative (BRI) that seeks to position Nigeria as a critical hub in West Africa.

    Tegbe said the partnership would drive socio-economic growth by leveraging China’s advanced technology and expertise in infrastructure and capacity for investment.

    The exhibitors includes over 100 companies namely China Communication Construction (CCCC), Power China, China Energy, China Civil Engineering (CCECC), China Harbour Engineering, China Road & Bridge, CGCOC Group, Guangxi LiuGong Machinery and Zoomlion among others.#China, Nigeria to Partner on Renewable Energy, Smart City#

    Yuan Strengthens 7.1877 Against Dollar

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Julius Alagbe
    • Website
    • LinkedIn

    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

    Keep Reading

    GCR Upgrades Rand Merchant Bank Nigeria Rating to AA

    DisCos Meter 241,590 Customers in 2 Months –NERC

    Investors Trade 1.68bn Shares worth N109.4bn on NGX

    Hormuz Closure: Trump Dismisses Iran’s Offer as Oil Prices Surge

    CBN FX Intervention Declines by 83% to $150m in April

    Yusuf Buhari Gets Automatic APC Ticket to Seek Reps Seat

    Add A Comment

    Comments are closed.

    Editors Picks

    Iran Plans to Restore 3mbpd Oil Production in 60 Days

    June 20, 2026

    Aradel Grows Profit by 192%, Declares N23 as Final Dividend

    June 20, 2026

    Dangote Cement Sells 64% of Production Volume to Nigerians

    June 20, 2026

    Naira Tumbles as Interbank FX Turnover Drops by 43%

    June 20, 2026

    XRP Rises as HKIMR Recognises Ripple for Cross-Border Payment

    June 20, 2026
    Latest Posts

    GCR Upgrades Rand Merchant Bank Nigeria Rating to AA

    June 19, 2026

    DisCos Meter 241,590 Customers in 2 Months –NERC

    May 22, 2026

    Investors Trade 1.68bn Shares worth N109.4bn on NGX

    May 13, 2026

    Hormuz Closure: Trump Dismisses Iran’s Offer as Oil Prices Surge

    May 11, 2026

    CBN FX Intervention Declines by 83% to $150m in April

    May 4, 2026

    Subscribe to News

    Get the latest sports news from Dmarketforces Africa about finance, business and tech.

    Advertisement
    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • Politics
    • Economy
    • Business
    • Opinions
    • Fintech
    • Science & Technology

    Company

    • About us
    • Advertising
    • Classified Ads
    • Contact Info
    • Editorial Policy

    Services

    • Subscriptions
    • Research
    • Due Diligence
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Subscribe to updates from MarketForces Africa, an independent financial news service provider.

    © 2026 MarketForces Africa. All rights reserved.
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.