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News - Financial

China has officially launched the China Chamber of Commerce to Africa (CCCA) in Addis Ababa, marking a significant step in deepening Sino-African economic ties

May 09, 2025
China has officially launched the China Chamber of Commerce to Africa (CCCA) in Addis Ababa, marking a significant step in deepening Sino-African economic ties
  • The CCCA launches with 15 founding members representing key sectors such as agriculture, construction, manufacturing, telecommunications, energy, and healthcare, with plans to expand membership across both traditional and emerging industries
  • China’s recent move to exempt imports from 33 least-developed African countries from tariffs was highlighted as a concrete example of its commitment to open markets and mutual benefit.