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China treats Africa as equal in dealings, says Paul Kagame.

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Rwandan president Paul Kagame has defended China’s relations with Africa stating that the global economic giant treats Africa as equals in dealings between the two parties.

China’s economic relations with the continent has come under critical scrutiny with claims that Beijing continues to load Africa with loans that most country may struggle to repay.



Critics stress that the loans, with estimates ranging in the tens of billions of dollars could leave African nations with no choice but to hand over controlling stakes in strategic assets to the Chinese state.

China on its part has also repeatedly rejected that Sino-Africa deals were tilted in their favour. There has been a flood of Chinese investment across the continent especially in the area of construction. Chinese involvement in mining is also very expansive.

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Records show that China’s trade with Africa is on the ascendancy. Before his arrival in Kigali, Xi had earlier been in Senegal on the first-leg of his African tour. He is expected to fly to South Africa, for a summit of BRICS countries (Brazil, Russia, India, China and South Africa).

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Inflation rate falls to 1.7%

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 The office for National statistics says the consumer price index is 1.7%-down from 2.1% – in August

Head of inflation at ONS Mike Hardie said: “The inflation rate has fallen noticeably into August, to its lowest since late 2016. This was mainly driven by a decrease in computer game prices, plus clothing prices rising by less than year after the end of the summer sales.

“Annual growth in house prices slowed to its lowest rate since September 2012, with four of the nine English regions now seeing prices falling over the year”.

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Nigeria Football Federation boss Amaju Pinnick under fresh corruption probe

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Several properties belonging to top officials of the Nigeria Football Federation (NFF), including its president Amaju Pinnick, have been seized in a fresh corruption probe.

The latest investigation and seizures are being carried out by the country’s Independent Corrupt Practices and Other Related Offences Commission’s (ICPC).

The ICPC has published a newspaper advertisement about the properties seized – half of which belong to Pinnick.

According to the statement published in the Nigerian papers one of Pinnick’s properties is in London.

It comes amidst wide-ranging claims over how money meant for football development allegedly disappeared.

“We can’t go into further details beyond the fact that many officials of the NFF are under investigation,” ICPC spokesperson, Rasheedat Okoduwa said.

“It’s basically because what they have is in excess of what they have earned.”

The ICPC has also taken control of properties belonging to the NFF second vice-president Shehu Dikko and the general secretary Muhamed Sanusi among others.

Source: BBC

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